ServiceNow (NOW) Amortization of Deferred Charges (2013 - 2021)

ServiceNow (NOW) has reported Amortization of Deferred Charges for 9 consecutive years, with $2.0 million the latest figure, recorded in Q1 2021.

• For the quarter ending Q1 2021, Amortization of Deferred Charges fell 77.78% year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2021 stood at $17.4 million (down 48.48% YoY), and the FY2021 full-year result was $7.0 million, down 70.83% from the prior year.
• Amortization of Deferred Charges fell to $2.0 million in Q1 2021 per NOW's latest filing, from $2.0 million in the prior quarter.
• Across five years, Amortization of Deferred Charges topped out at $17.1 million in Q1 2018 and bottomed at $2.0 million in Q1 2021.
• Historically, Amortization of Deferred Charges has averaged $9.7 million across 5 years, with a median of $8.7 million in 2017.
• The sharpest annual moves came in 2017 and 2021: Amortization of Deferred Charges jumped 97.47% in 2017, then tumbled 77.78% in 2021.
• Over 5 years, Amortization of Deferred Charges stood at $16.8 million in 2017, then plunged by 46.84% to $8.9 million in 2018, then decreased by 8.35% to $8.2 million in 2019, then slumped by 75.42% to $2.0 million in 2020, then retreated by 0.7% to $2.0 million in 2021.
• According to Business Quant data, Amortization of Deferred Charges over the past three periods registered $2.0 million, $2.0 million, and $4.9 million for Q1 2021, Q4 2020, and Q3 2020 respectively.