ServiceNow, Inc.
TechnologyNYSE:NOW · New York Stock Exchange
-$1.55 today
Vol 18.04M · Avg 27.07M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$14.0B of revenue converted into $1.8B of net income for the selected period. Gross margin is 76.6% and net margin is 12.6%, showing how much revenue survives after costs and taxes. EPS is $1.68, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.3B +20.9% | $11.0B +22.4% | $9.0B +23.8% | $7.2B +22.9% | $5.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $3.0B +30.4% | $2.3B +19.1% | $1.9B +22.1% | $1.6B +16.3% | $1.4B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $10.3B +18.4% | $8.7B +23.4% | $7.0B +24.3% | $5.7B +24.9% | $4.5B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 77.5% -1.6pp | 79.2% +0.6pp | 78.6% +0.3pp | 78.3% +1.2pp | 77.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $3.0B +16.4% | $2.5B +19.7% | $2.1B +20.1% | $1.8B +26.6% | $1.4B | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $5.5B +15.1% | $4.8B +15.0% | $4.2B +17.3% | $3.5B +22.8% | $2.9B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $8.5B +15.5% | $7.3B +16.6% | $6.3B +18.3% | $5.3B +24.1% | $4.3B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $738.0M +58.7% | $465.0M -17.3% | $562.0M +64.3% | $342.0M -27.5% | $472.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $3.0B +34.7% | $2.2B +39.6% | $1.6B +107.6% | $768.0M +2.5% | $749.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 22.6% +2.3pp | 20.3% +2.5pp | 17.8% +7.2pp | 10.6% -2.1pp | 12.7% | 5.6% | 46.3% | 42.0% |
| Operating Income | $1.8B +33.7% | $1.4B +79.0% | $762.0M +114.6% | $355.0M +38.1% | $257.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 13.7% +1.3pp | 12.4% +3.9pp | 8.5% +3.6pp | 4.9% +0.5pp | 4.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $451.0M +7.6% | $419.0M +38.7% | $302.0M +268.3% | $82.0M +310.0% | $20.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 -100.0% | $23.0M -4.2% | $24.0M -11.1% | $27.0M -3.6% | $28.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $437.0M +16.8% | $374.0M +52.0% | $246.0M +459.1% | $44.0M +650.0% | -$8.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $2.3B +30.1% | $1.7B +72.4% | $1.0B +152.6% | $399.0M +60.2% | $249.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 17.0% +1.2pp | 15.8% +4.6pp | 11.2% +5.7pp | 5.5% +1.3pp | 4.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $513.0M +63.9% | $313.0M +143.3% | -$723.0M -1077.0% | $74.0M +289.5% | $19.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $1.7B +22.7% | $1.4B -17.7% | $1.7B +432.6% | $325.0M +41.3% | $230.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 13.2% +0.2pp | 13.0% -6.3pp | 19.3% +14.8pp | 4.5% +0.6pp | 3.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +22.5% | $1 -18.8% | $2 +431.3% | $0 +39.1% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +21.9% | $1 -18.5% | $2 +425.0% | $0 +39.1% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $1.0B +0.8% | $1.0B +0.8% | $1.0B +1.3% | $1.0B +1.7% | $990.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $1.0B +0.5% | $1.0B +1.4% | $1.0B +1.0% | $1.0B +0.2% | $1.0B | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Lam Research Corporation
NASDAQ:LRCX
$464.54B
Applied Materials, Inc.
NASDAQ:AMAT
$450.17B
QUALCOMM Incorporated
NASDAQ:QCOM
$223.79B
Arista Networks, Inc.
NYSE:ANET
$207.48B
Palo Alto Networks, Inc.
NASDAQ:PANW
$191.87B
AppLovin Corporation
NASDAQ:APP
$165.86B
Shopify Inc.
NASDAQ:SHOP
$141.16B
Uber Technologies, Inc.
NYSE:UBER
$138.80B
Salesforce, Inc.
NYSE:CRM
$134.83B
Intuit Inc.
NASDAQ:INTU
$74.86B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does NOW generate?
ServiceNow, Inc. (NOW) reported $13.28B of revenue in fiscal 2025.
Is NOW profitable?
ServiceNow, Inc. (NOW) reported $1.75B of net income, with a net margin of 13.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.