Saturday 17 October 2026 Export NOW’s income statement to Excel — free account

ServiceNow, Inc.

ServiceNow, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.3 billion, up 20.9% from fiscal 2024. In the quarter to June 2026, revenue grew 24.0%, EPS fell 22.0%, free cash flow fell 10.1% and total debt rose 404.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

141.97 6.60 −4.44%

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Market cap: $153.6B
P/E: 88.0×
Fwd P/E: 56.5×
Dividend yield: —
F-score: 4/9
Altman Z: 8.31
Beneish M: −2.90
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 3.00

Total sells 9.26

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	12	1	—	4	—	1	5	—	—	4	—	—

Insider Ownership 1.10%

Capital & Financial Ratios $m

Market Cap 153,620.00

Revenue 14,732.00

Net Income 1,670.00

Free Cash Flow 4,580.00

Net Debt 2,853.00

Current Ratio 0.70

Debt/Equity 0.60

P/E ratio 87.96

Fwd P/E 56.50

P/S ratio 9.94

P/B ratio 11.70

Past 5Y EPS Growth 69.89%

This Y EPS Growth 16.03%

Next Y EPS Growth 23.20%

Next Y revenue growth 22.14%

Next 5Y EPS Growth 20.11%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 22.40%

10-year low 10-year high

P/S against its own 10 years 11.06%

10-year low 10-year high

P/B against its own 10 years 6.93%

10-year low 10-year high

EV/Sales against its own 10 years 15.04%

10-year low 10-year high

EV/FCF against its own 10 years 7.22%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	4,877	5,762	6,284	4,664
Receivables	2,036	2,240	2,627	2,201
Inventory	—	—	—	—
Other	—	—	—	—
	7,777	9,187	10,471	8,514

	2023	2024	2025	Q'26
Payables	126	68	204	162
ST’ Debt	—	—	—	2,082
Other	—	—	—	—
	7,365	8,358	10,443	12,153

Compound Annual Growth %

	10y	5y	3y
Sales	29.44%	24.06%	22.38%
Cash Flow	32.86%	24.97%	25.98%
Earnings	0.00%	71.16%	75.21%
Book Value	36.75%	35.54%	37.09%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	3,770	3,987	—	—	—
’25	3,088	3,215	3,407	3,568	13,278
’24	2,603	2,627	2,797	2,957	10,984
’23	2,096	2,150	2,288	2,437	8,971
’22	1,722	1,752	1,831	1,940	7,245
’21	1,360	1,409	1,512	1,615	5,896
’20	1,046	1,071	1,152	1,250	4,519

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,670	587	—	—	—
’25	1,677	716	813	2,238	5,444
’24	1,341	620	671	1,635	4,267
’23	902	580	311	1,605	3,398
’22	863	433	265	1,162	2,723
’21	727	300	320	844	2,191
’20	492	368	241	685	1,786

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,529	473	—	—	—
’25	1,438	526	569	2,000	4,533
’24	1,185	349	469	1,372	3,375
’23	737	448	172	1,344	2,701
’22	770	282	103	1,018	2,173
’21	620	209	226	737	1,792
’20	409	257	150	538	1,354

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.45	0.29	—	—	—
’25	0.44	0.37	0.48	0.38	1.67
’24	0.33	0.25	0.41	0.37	1.37
’23	0.15	1.02	0.23	0.29	1.68
’22	0.07	0.02	0.08	0.15	0.32
’21	0.08	0.06	0.06	0.03	0.23
’20	0.05	0.04	0.01	0.02	0.12

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.20	14.93	26.03	33.69	47.79	89.65	67.40	70.72	127.60	135.73	Analyst estimates 2026–2028 Powerpack
	High	17.96	26.25	41.26	60.63	113.35	141.52	130.28	144.14	231.58	239.62
People
People	Employees	4,801	6,222	8,154	10,371	13,000	16,881	20,433	22,668	26,293	29,187
	Revenue/emp, $m	0.29	0.31	0.32	0.33	0.35	0.35	0.35	0.40	0.42	0.45
Income, $m
Income, $m	Revenue	1,391	1,918	2,609	3,460	4,519	5,896	7,245	8,971	10,984	13,278
	Gross margin, %	71.32	73.95	76.13	76.99	78.16	77.05	78.29	78.59	79.18	77.53
	EBT	(410)	(113)	(39)	67	150	249	399	1,008	1,738	2,261
	EBT margin, %	(29.51)	(5.91)	(1.50)	1.94	3.32	4.22	5.51	11.24	15.82	17.03
	Net income	(414)	(117)	(27)	627	119	230	325	1,731	1,425	1,748
	Depreciation	186	266	346	453	578	766	791	1,021	1,114	1,359
Per share, $
Per share, $	Revenue	1.69	2.24	2.93	3.71	4.68	5.95	7.19	8.79	10.67	12.81
	Earnings	(0.55)	(0.14)	(0.03)	0.67	0.12	0.23	0.32	1.70	1.38	1.69
	Cash flow	0.19	0.75	0.91	1.33	1.85	2.21	2.70	3.33	4.15	5.25
	Capex	(0.15)	(0.18)	(0.28)	(0.36)	(0.45)	(0.40)	(0.55)	(0.68)	(0.87)	(0.88)
	Free cash flow	0.04	0.57	0.63	0.96	1.40	1.81	2.16	2.65	3.28	4.37
	Book value	0.47	0.91	1.25	2.28	2.94	3.73	5.00	7.47	9.34	12.50
	Shares, m	823	856	889	932	965	990	1,007	1,021	1,029	1,037
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	85.03	887.82	554.79	239.44	81.07	153.42	90.65
	P/S	8.95	11.76	12.14	15.21	23.52	21.81	10.72	15.64	19.87	11.96
	P/B	32.17	28.96	28.50	24.74	37.51	34.80	15.43	18.40	22.71	12.25
	EV/Sales	8.67	11.44	11.88	14.94	23.22	21.52	10.35	15.28	19.48	11.61
	EV/FCF	346.73	45.94	55.12	58.27	81.90	72.81	35.42	51.12	63.41	34.00
Cash, $m
Cash, $m	Operating cash flow	159	643	811	1,236	1,786	2,191	2,723	3,398	4,267	5,444
	Capex	(124)	(157)	(249)	(338)	(432)	(399)	(550)	(697)	(892)	(911)
	Free cash flow	35	486	562	898	1,354	1,792	2,173	2,701	3,375	4,533
Balance, $m
Balance, $m	Working capital	271	382	332	74	785	271	649	412	829	28
	Total debt	508	1,173	662	748	1,712	1,576	1,486	1,488	1,489	1,491
	Net debt	(392)	(606)	(836)	(943)	(1,380)	(1,728)	(2,794)	(3,389)	(4,273)	(4,793)
	Shareholders’ equity	387	779	1,111	2,128	2,834	3,695	5,032	7,628	9,609	12,964
Returns, %
Returns, %	ROA	(21.57)	(4.19)	(0.72)	12.66	1.61	2.36	2.70	11.28	7.55	7.53
	ROIC	0.00	(23.28)	(9.64)	2.22	8.55	8.17	9.91	11.23	15.98	13.95
	ROE	(86.87)	(20.05)	(2.83)	38.71	4.80	7.05	7.45	27.35	16.53	15.49

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SAP SAP SE	$259.7B	28.1×	22.7×	+12.08% (above 0%: growing)	+33.33% (above 0%: growing)	+15.69% (above 0%: growing)	73.17%	26.77%	Compare
SHOP Shopify Inc.	$229.2B	114×	123×	+33.69% (above 0%: growing)	+65.71% (above 0%: growing)	+54.98% (above 0%: growing)	47.67%	13.62%	Compare
CRM Salesforce, Inc.	$203.1B	21.9×	22.8×	+10.83% (above 0%: growing)	+118.27% (above 0%: growing)	+81.49% (above 0%: growing)	76.65%	20.55%	Compare
NOW ServiceNow, Inc.	$153.6B	88.0×	56.5×	+24.01% (above 0%: growing)	−22.04% (below 0%: shrinking)	−10.08% (below 0%: shrinking)	70.68%	4.06%
UBER Uber Technologies, Inc.	$145.6B	15.2×	24.0×	+12.17% (above 0%: growing)	+81.54% (above 0%: growing)	+12.81% (above 0%: growing)	44.93%	13.32%	Compare
SNOW Snowflake Inc.	$118.2B	— (loss-making)	— (loss-making)	+35.09% (above 0%: growing)	n/m	+47.23% (above 0%: growing)	67.02%	(17.00%)	Compare
ADP Automatic Data Processing, Inc.	$113.2B	26.3×	19.0×	+6.77% (above 0%: growing)	+9.37% (above 0%: growing)	−5.49% (below 0%: shrinking)	45.88%	23.00%	Compare
ADBE Adobe Inc.	$98.0B	13.7×	13.8×	+12.89% (above 0%: growing)	+10.77% (above 0%: growing)	+14.68% (above 0%: growing)	88.71%	34.82%	Compare
DDOG Datadog, Inc.	$95.6B	485×	420×	+35.64% (above 0%: growing)	+1,610.53% (above 0%: growing)	+68.55% (above 0%: growing)	78.59%	0.49%	Compare
Median of peers	$131.9B	26.3×	22.8×	+12.53%	+65.71%	+31.46%	70.10%	17.09%

All 237 Software Application stocks →

ServiceNow, Inc. (NOW) key facts

Strength: ServiceNow, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.3 billion, up 20.9% from fiscal 2024.
ServiceNow, Inc. (NOW) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, NOW traded at $141.97, a market capitalization of $153.6 billion.
Return on equity was 15.5% and debt-to-equity 0.60.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 8.31 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.