ServiceNow (NOW) Capital Expenditures (2011 - 2026)
ServiceNow's (NOW) quarterly Capital Expenditures came in at $114.0 million in Q2 2026, down 40.0% YoY from $190.0 million in Q2 2025, and down 19.15% on a QoQ basis from $141.0 million in Q1 2026.
ServiceNow (NOW) Capital Expenditures (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has 16 years of Capital Expenditures data on file, last reported at $114.0 million in Q2 2026.
- Quarterly Capital Expenditures fell 40.0% year-over-year to $114.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $728.0 million (down 14.35% YoY) and the FY2025 annual result came in at $868.0 million, up 1.88% from the prior year.
- Capital Expenditures retreated to $114.0 million in Q2 2026, from $141.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $262.0 million in Q2 2024 to a low of $93.0 million in Q1 2022.
- A 5-year average of $178.8 million and a median of $163.5 million in 2022 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2024 — Capital Expenditures jumped 98.48% — and 2026, when it plunged 40.0%.
- Tracing NOW's Capital Expenditures over 5 years: stood at $144.0 million in 2022, then jumped by 81.25% to $261.0 million in 2023, then fell by 3.07% to $253.0 million in 2024, then fell by 5.93% to $238.0 million in 2025, then sank by 52.1% to $114.0 million in 2026.
- The last three Capital Expenditures figures came in at $114.0 million (Q2 2026), $141.0 million (Q1 2026), and $238.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -411.48 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 4.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 145.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 70.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 10.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 72.80 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 58.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 64.00 Mn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 27.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 141.00 Mn |
| Mar 31, 2026 | 141.00 Mn |
| Dec 31, 2025 | 238.00 Mn |
| Dec 31, 2025 | 238.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 253.00 Mn |
| Dec 31, 2024 | 253.00 Mn |
| Sep 30, 2024 | 202.00 Mn |
| Sep 30, 2024 | 202.00 Mn |
| Jun 30, 2024 | 262.00 Mn |
| Jun 30, 2024 | 262.00 Mn |
| Mar 31, 2024 | 135.00 Mn |
| Mar 31, 2024 | 135.00 Mn |