ServiceNow (NOW) Cash from Operations (2012 - 2026)
ServiceNow's Cash from Operations was $587 million in Q2 2026, down 18.0% from $716 million a year earlier and down 64.9% from the prior quarter.
ServiceNow (NOW) Cash from Operations (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, ServiceNow's Cash from Operations was $5.31 billion through Jun 30, 2026, up 13.0% year-over-year; for FY2025, it came in at $5.44 billion, up 27.6% from FY2024.
- Cash from Operations has now increased for nine consecutive years, with a five-year compound annual growth rate of 25.0% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $4.27 billion in FY2024 (+25.6%), $3.4 billion in FY2023 (+24.8%), $2.72 billion in FY2022 (+24.3%) and $2.19 billion in FY2021 (+22.7%).
- The Q2 2026 figure marks the lowest quarterly Cash from Operations since Q3 2023.
- Compared with a year earlier, Cash from Operations was higher in six of the last eight quarters, with growth averaging 24.7%.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2024 (growth of 115.8%); the worst was Q2 2026 (a decline of 18.0%).
- Per Business Quant data, NOW's Cash from Operations in the three quarters before Q2 2026 was $1.67 billion (Q1 2026), $2.24 billion (Q4 2025) and $813 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 1.22 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 23.10 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 3.66 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 1.27 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 587.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 1.43 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 1.33 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -4.14 Mn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 587.00 Mn |
| Mar 31, 2026 | 1.67 Bn |
| Dec 31, 2025 | 2.24 Bn |
| Sep 30, 2025 | 813.00 Mn |
| Jun 30, 2025 | 716.00 Mn |
| Mar 31, 2025 | 1.68 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 671.00 Mn |
| Jun 30, 2024 | 620.00 Mn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 311.00 Mn |
| Jun 30, 2023 | 580.00 Mn |
| Mar 31, 2023 | 902.00 Mn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 265.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 863.00 Mn |
| Dec 31, 2021 | 844.00 Mn |
| Sep 30, 2021 | 320.00 Mn |
ServiceNow Cash from Operations 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=cash-from-operations&ticker=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();