SuperworthServiceNow NOW
- Market cap
- $164.4B
- PE
- 99.3×
- 7y median 122×
- Forward PE
- 35.1×
- 10y median 70.8×
- Price to sales
- 11.2×
- EV/EBIT
- 95.3×
- Revenue, 12 months
- $14.7B
- +22% on a year ago
- Net margin
- 11.3%
- Free cash flow yield
- 2.8%
ServiceNow trades at 99.3× trailing earnings, near its ten-year median. Revenue was $14.7B over the last twelve months, up 22% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.3B+25% | $2.4B+26% | $2.6B+24% | $2.6B+22% | $2.8B+22% | $3B+21% | $3.1B+19% | $3.2B+22% | $3.4B+22% | $3.6B+21% | $3.8B+22% | $4B+24% | |
| Cost of revenue | $496M+24% | $516M+24% | $520M+19% | $552M+17% | $584M+18% | $631M+22% | $651M+25% | $724M+31% | $774M+33% | $834M+32% | $940M+44% | $1.2B+62% |
| Gross profit | $1.8B+25% | $1.9B+26% | $2.1B+26% | $2.1B+24% | $2.2B+24% | $2.3B+21% | $2.4B+17% | $2.5B+20% | $2.6B+19% | $2.7B+18% | $2.8B+16% | $2.8B+13% |
| R&D | $549M+20% | $562M+24% | $606M+23% | $643M+23% | $626M+14% | $668M+19% | $703M+16% | $734M+14% | $750M+20% | $773M+16% | $823M+17% | $915M+25% |
| SG&A | $1B+15% | $1.1B+19% | $1.1B+12% | $1.2B+15% | $1.2B+16% | $1.3B+18% | $1.3B+12% | $1.4B+17% | $1.3B+12% | $1.5B+18% | $1.5B+17% | $1.7B+24% |
| $231M+154% | $270M+74% | $332M+131% | $240M+105% | $418M+81% | $374M+39% | $451M+36% | $358M+49% | $572M+37% | $443M+18% | $503M+12% | $162M−55% | |
| Interest expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $6M | n/a | n/a | n/a | $66M+1000% |
| Pre-tax income | $299M+193% | $347M+90% | $425M+126% | $334M+92% | $516M+73% | $463M+33% | $555M+31% | $471M+41% | $694M+35% | $541M+17% | $673M+21% | $438M−7% |
| $57M+159% | $52M+58% | $78M+105% | $72M | $84M+47% | $79M+52% | $95M+22% | $86M+19% | $192M+129% | $140M+77% | $204M+115% | $140M+63% | |
| Net income | $242M+204% | $295M+97% | $347M+131% | $262M−75% | $432M+79% | $384M+30% | $460M+33% | $385M+47% | $502M+16% | $401M+4% | $469M+2% | $298M−23% |
| $0.23+200% | $0.29+93% | $0.33+129% | $0.25−75% | $0.41+77% | $0.37+28% | $0.44+32% | $0.37+47% | $0.48+16% | $0.38+4% | $0.45+2% | $0.29−22% | |
| 1B+2% | 1B+2% | 1B+2% | 1B+1% | 1B+1% | 1B+1% | 1B+1% | 1B+1% | 1B+1% | 1B+0% | 1B−1% | 1B−1% |
Revenue: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
R&D: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
SG&A: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Operating income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Income tax: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them.
Net income: Q1 FY11 and Q1 FY12: 6 months less the 3 months printed beside them. 13 periods, Q4 FY12 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 5 periods, Q1 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent. 13 periods, Q4 FY12 to Q4 FY24: printed in the fourth-quarter results release.
Diluted shares: Q1 FY11: share-days: the 6-month average less the second quarter's. Q4 FY11: a loss quarter: its basic count, share-days: the 6-month average less the 3-month, weighted by days. 13 periods, Q4 FY12 to Q4 FY24: printed in the fourth-quarter results release. Q4 FY25: share-days: the 12-month average over 365 days less the 9-month over 273, the two on one basis (x5).
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $4.1B | $4B to $4.1B | $1.02 | $0.93 to $1.13 | 26 |
| Q4 FY26 | $4.4B | $4.3B to $4.4B | $1.17 | $1.05 to $1.24 | 25 |
| Q1 FY27 | $4.5B | $4.4B to $4.6B | $1.17 | $1.15 to $1.19 | 11 |
| Q2 FY27 | $4.7B | $4.6B to $4.8B | $1.16 | $1.14 to $1.19 | 11 |
| Q3 FY27 | $4.8B | $4.8B to $4.9B | $1.26 | $1.24 to $1.29 | 11 |
| Q4 FY27 | $5.1B | $5.1B to $5.2B | $1.39 | $1.37 to $1.42 | 11 |
| Q1 FY28 | $5.3B | $5.2B to $5.4B | $1.40 | $1.38 to $1.43 | 12 |
| Q2 FY28 | $5.5B | $5.4B to $5.6B | $1.40 | $1.38 to $1.43 | 12 |
Peers
Companies in Software - Application nearest ServiceNow's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| NOWServiceNow | $164.4B | 99.3× | 122× | 35.1× | 11.2× | +22% | 11.3% |
| UBERUber Technologies | $136.2B | 14.7× | 17.6× | 17.3× | 2.5× | +17% | 17.3% |
| CRMSalesforce | $204.6B | 22.7× | 111× | 16.9× | 4.7× | +11% | 22.0% |
| SHOPShopify | $217B | 113× | 115× | n/m | 16.4× | +33% | 14.5% |
| ADPAutomatic Data Processing | $120.8B | 27.8× | 30.4× | 24.8× | 5.5× | +7% | 20.1% |
| SNOWSnowflake | $114.8B | n/m | n/a | 128× | 21.1× | +32% | −20.1% |
| ADBEAdobe | $102.7B | 14.7× | 49.2× | 9.8× | 4.0× | +12% | 28.0% |
| DDOGDatadog | $96.8B | n/m | 340× | 101× | 24.4× | +32% | 4.5% |
| INTUIntuit | $91.8B | 20.8× | 49.4× | 14.9× | 4.3× | +14% | 21.3% |
| CDNSCadence Design Systems | $87.2B | 62.9× | 59.4× | 36.9× | 14.9× | +15% | 23.6% |
| APPAppLovin | $87.1B | 20.0× | 62.7× | 14.4× | 12.8× | +48% | 64.6% |
| Peer median | $108.7B | 21.7× | 59.4× | 17.3× | 9.1× | +16% | 20.7% |
Investors who own it
Investors we follow who held ServiceNow at the end of Jun 30, 2026, from their 13F filings.
- Polen CapitalPolen Capital4.6% of portfoliotrimmed
- Chuck AkreAkre Capital Management2.4% of portfolioadded
- Chase ColemanTiger Global Management0.4% of portfoliotrimmed
More on ServiceNow
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 19Application software stocks with the fastest expected revenue growth
- #8of 14Application software stocks with the lowest PEG ratio
Its groups
About
- Industry
- Software - Application
- Sector
- Technology
Valuation data, not investment advice. Prices as of .