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.
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ServiceNow, Inc. (NOW) Operating margin
ServiceNow, Inc.'s operating margin over the twelve months to 30 June 2026 was 11.4%, down 2.3 percentage points from fiscal 2025 (13.7%). Over the past ten years it has ranged from −27.5% (fiscal 2016) to 13.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 13.7% | 1.32 |
| FY2024 | 12.4% | 3.93 |
| FY2023 | 8.49% | 3.59 |
| FY2022 | 4.90% | 0.54 |
| FY2021 | 4.36% | (0.04) |
| FY2020 | 4.40% | 3.19 |
| FY2019 | 1.21% | 2.84 |
| FY2018 | −1.63% | 1.73 |
| FY2017 | −3.36% | 24.11 |
| FY2016 | −27.5% | (10.92) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 4.06% | (9.28) |
| Mar 2026 | 13.3% | 0.92 |
| Dec 2025 | 12.4% | (4.37) |
| Sep 2025 | 16.8% | 5.65 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| ADBE Adobe Inc. compare | 35.7% |
| SAP SAP SE compare | 26.7% |
| ADP Automatic Data Processing, Inc. compare | 26.3% |
| CRM Salesforce, Inc. compare | 19.9% |
| SHOP Shopify Inc. compare | 13.9% |
| UBER Uber Technologies, Inc. compare | 12.1% |
| NOW ServiceNow, Inc. | 11.4% |
| DDOG Datadog, Inc. compare | 0.41% |
| SNOW Snowflake Inc. compare | −22.8% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement