ServiceNow Total Current Assets decreased by 19.4% to $8.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $9.27B to $8.44B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 18.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
total_current_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.23B | $4.29B | $5.22B | $5.44B | $5.33B | $5.48B | $6.65B | $6.73B | $6.60B | $6.05B | $7.78B | $7.37B | $8.02B | $7.70B | $9.19B | $9.27B | $9.28B | $8.36B | $10.47B | $8.44B |
| QoQ Change | — | +1.5% | +21.7% | +4.3% | -2.0% | +2.7% | +21.5% | +1.2% | -1.9% | -8.4% | +28.6% | -5.2% | +8.8% | -4.1% | +19.4% | +0.9% | +0.1% | -9.8% | +25.2% | -19.4% |
| YoY Change | — | — | — | — | +26.2% | +27.7% | +27.5% | +23.7% | +23.8% | +10.4% | +16.9% | +9.5% | +21.5% | +27.3% | +18.1% | +25.7% | +15.6% | +8.7% | +14.0% | -9.0% |