ServiceNow, Inc.

NOW Technology Software Application

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%
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

ServiceNow, Inc. (NOW) Current ratio

Alert me on Current ratio

ServiceNow, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 0.7×, down 0.3× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 1.0× (fiscal 2025) to 1.5× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Software Application industry median of 1.5× and below the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× (8.78%)
FY2024 1.1× 4.10%
FY2023 1.1× (4.71%)
FY2022 1.1× 5.05%
FY2021 1.1× (12.83%)
FY2020 1.2× 17.84%
FY2019 1.0× (11.85%)
FY2018 1.2× (1.89%)
FY2017 1.2× (5.23%)
FY2016 1.3× (15.55%)

Quarterly newest first

Period Current ratio Change
Jun 2026 0.7× (17.08%)
Mar 2026 0.8× (15.74%)
Dec 2025 1.0× (5.69%)
Sep 2025 1.1× (2.62%)
42 more quarters

Against its own ten years

Low 1.0× High 1.5×
Ten-year median 1.1×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
SHOP Shopify Inc. compare 5.4×
DDOG Datadog, Inc. compare 3.2×
SAP SAP SE compare 1.1×
ADP Automatic Data Processing, Inc. compare 1.1×
SNOW Snowflake Inc. compare 0.9×
UBER Uber Technologies, Inc. compare 0.8×
CRM Salesforce, Inc. compare 0.8×
ADBE Adobe Inc. compare 0.8×
NOW ServiceNow, Inc. 0.7×
Software Application industry median 1.5×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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