ServiceNow (NOW) Cost of Revenue (2011 - 2026)

ServiceNow has reported Cost of Revenue for 16 years, with the latest figure at $940.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 44.39% year-over-year to $940.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 31.9% YoY), and the FY2025 full-year result was $3.0 billion, up 30.43% from the prior year.
• Cost of Revenue for Q1 2026 stood at $940.0 million, up from -$255.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.7 billion in Q4 2022, with the low at -$540.0 million in Q4 2024.
• Historically, Cost of Revenue has averaged $534.4 million across 5 years, with a median of $651.0 million in 2025.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 125.08% — and 2023, when it plunged 132.19%.
• ServiceNow's Cost of Revenue stood at $1.7 billion in 2022, then sank by 132.19% to -$533.0 million in 2023, then fell by 1.31% to -$540.0 million in 2024, then surged by 52.78% to -$255.0 million in 2025, then soared by 468.63% to $940.0 million in 2026.
• The last three Cost of Revenue figures came in at $940.0 million (Q1 2026), -$255.0 million (Q4 2025), and $774.0 million (Q3 2025), per Business Quant data.