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

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

ServiceNow, Inc. (NOW) Debt to equity

Alert me on Debt to equity

ServiceNow, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.5× from fiscal 2025 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2025) to 1.5× (fiscal 2017) — the current reading is the lowest in ten years. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.1× (25.81%)
FY2024 0.2× (20.55%)
FY2023 0.2× (33.93%)
FY2022 0.3× (30.76%)
FY2021 0.4× (29.40%)
FY2020 0.6× 71.86%
FY2019 0.4× (40.97%)
FY2018 0.6× (60.48%)
FY2017 1.5× 14.82%
FY2016 1.3× 56.75%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× 372.54%
Mar 2026 0.1× 10.52%
Dec 2025 0.1× (12.81%)
Sep 2025 0.1× (3.23%)
42 more quarters

Against its own ten years

Low 0.1× High 1.5×
Ten-year median 0.4×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
SHOP Shopify Inc. compare 0.0×
DDOG Datadog, Inc. compare 0.2×
SAP SAP SE compare 0.2×
UBER Uber Technologies, Inc. compare 0.5×
ADBE Adobe Inc. compare 0.5×
NOW ServiceNow, Inc. 0.6×
ADP Automatic Data Processing, Inc. compare 0.8×
CRM Salesforce, Inc. compare 1.0×
SNOW Snowflake Inc. compare 1.1×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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