ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026)

ServiceNow (NOW) posted quarterly Asset Utilization Ratio of 0.53 for Q2 2026, down 6.21% year-on-year from 0.56 in Q2 2025, and down 5.07% on a QoQ basis from 0.55 in Q1 2026.

ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026) Analysis & Trends

ServiceNow (NOW) has reported Asset Utilization Ratio for 14 consecutive years, with 0.53 the latest figure, recorded in Q2 2026.

  • Quarterly Asset Utilization Ratio fell 6.21% year-over-year to 0.53 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.53 (down 6.21% YoY) and the FY2025 annual result came in at 0.57, down 1.64% from the prior year.
  • Asset Utilization Ratio retreated to 0.53 in Q2 2026 per NOW's latest filing, from 0.55 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for NOW reached as high as 0.62 in Q3 2022 and fell as low as 0.53 in Q2 2026.
  • A 5-year average of 0.57 and a median of 0.56 in 2023 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 5.14% — and 2023, when it retreated 9.38%.
  • Year by year, Asset Utilization Ratio stood at 0.59 in 2022, then decreased by 6.96% to 0.55 in 2023, then climbed by 2.44% to 0.57 in 2024, then retreated by 1.89% to 0.56 in 2025, then fell by 5.32% to 0.53 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.53, 0.55, and 0.56 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.51
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 0.84
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.88
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.39
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.53
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.29
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.57
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.50
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 0.54

Historic Data

Download Data
DateValue
Jun 30, 2026 0.53
Mar 31, 2026 0.55
Dec 31, 2025 0.56
Sep 30, 2025 0.58
Jun 30, 2025 0.56
Mar 31, 2025 0.55
Dec 31, 2024 0.57
Sep 30, 2024 0.57
Jun 30, 2024 0.56
Mar 31, 2024 0.54
Dec 31, 2023 0.55
Sep 30, 2023 0.56
Jun 30, 2023 0.56
Mar 31, 2023 0.57
Dec 31, 2022 0.59
Sep 30, 2022 0.62
Jun 30, 2022 0.60
Mar 31, 2022 0.57
Dec 31, 2021 0.58
Sep 30, 2021 0.59