ServiceNow (NOW) Capital Expenditures (2012 - 2026)
ServiceNow's (NOW) quarterly Capital Expenditures came in at $114.0 million in Q2 2026, down 40.0% on a YoY basis from $190.0 million in Q2 2025, and down 19.15% quarter-over-quarter from $141.0 million in Q1 2026.
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Analysis
ServiceNow (NOW) Capital Expenditures (2012 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Capital Expenditures for 16 consecutive years, with $114.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 40.0% year-over-year to $114.0 million; the trailing twelve-month figure through Jun 2026 stood at $728.0 million (down 14.35% YoY), and the FY2025 full-year result was $868.0 million, up 1.88% from the prior year.
- Capital Expenditures declined to $114.0 million in Q2 2026 per NOW's latest filing, from $141.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $262.0 million in Q2 2024 and bottomed at $93.0 million in Q1 2022.
- Historically, Capital Expenditures has averaged $178.8 million across 5 years, with a median of $163.5 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Capital Expenditures surged 98.48% in 2024, then sank 40.0% in 2026.
- Over 5 years, Capital Expenditures stood at $144.0 million in 2022, then soared by 81.25% to $261.0 million in 2023, then decreased by 3.07% to $253.0 million in 2024, then decreased by 5.93% to $238.0 million in 2025, then tumbled by 52.1% to $114.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $114.0 million, $141.0 million, and $238.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 14.55 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 28.50 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | -134.83 Mn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 171.00 Mn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 72.80 Mn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 27.00 Mn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 6.42 Bn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 141.00 Mn |
| Dec 31, 2025 | 238.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 253.00 Mn |
| Sep 30, 2024 | 202.00 Mn |
| Jun 30, 2024 | 262.00 Mn |
| Mar 31, 2024 | 135.00 Mn |
| Dec 31, 2023 | 261.00 Mn |
| Sep 30, 2023 | 136.00 Mn |
| Jun 30, 2023 | 132.00 Mn |
| Mar 31, 2023 | 165.00 Mn |
| Dec 31, 2022 | 144.00 Mn |
| Sep 30, 2022 | 162.00 Mn |
| Jun 30, 2022 | 151.00 Mn |
| Mar 31, 2022 | 93.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Sep 30, 2021 | 94.00 Mn |
API Access
ServiceNow Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();