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.

Revenue
+20.5%
EPS
−44.2%
Free cash flow
+31.5%
Total debt
+404.6%

Quarter to September 2026, against a year earlier

103.50 1.14 +1.11%
Market cap
$106.3B
P/E
73.1×
Fwd P/E
73.2×
Dividend yield
—
F-score
4/9
Altman Z
8.31
Beneish M
−2.90
Dividend safety
n/a

ServiceNow, Inc. (NOW) Net margin

Alert me on Net margin

ServiceNow, Inc.'s net margin over the twelve months to 30 September 2026 was 9.36%, down 3.8 percentage points from fiscal 2025 (13.2%). Over the past ten years it has ranged from −29.8% (fiscal 2016) to 19.3% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 13.2% 0.19
FY2024 13.0% (6.33)
FY2023 19.3% 14.81
FY2022 4.49% 0.59
FY2021 3.90% 1.27
FY2020 2.63% (15.49)
FY2019 18.1% 19.14
FY2018 −1.02% 5.07
FY2017 −6.09% 23.69
FY2016 −29.8% (10.05)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 6.75% (0.72)
Jun 2026 7.47% (4.97)
Mar 2026 12.4% 1.20
Dec 2025 11.2% (3.49)
43 more quarters

Against its own ten years

Low −29.8% High 19.3%
Ten-year median 3.90%
Current reading's percentile 60

Net margin against peers

Company Net margin
ADBE Adobe Inc. compare 28.1%
CDNS Cadence Design Systems, Inc. compare 22.5%
CRM Salesforce, Inc. compare 22.0%
INTU Intuit Inc. compare 21.3%
ADP Automatic Data Processing, Inc. compare 20.3%
NOW ServiceNow, Inc. 9.36%
UBER Uber Technologies, Inc. compare 6.13%
DDOG Datadog, Inc. compare 6.12%
SNOW Snowflake Inc. compare −20.1%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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