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

ServiceNow (NOW) has reported Cost of Revenue for 16 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

• Quarterly Cost of Revenue rose 61.46% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.7 billion (up 43.51% YoY) and the FY2025 annual result came in at $3.0 billion, up 30.43% from the prior year.
• Cost of Revenue climbed to $1.2 billion in Q2 2026 per NOW's latest filing, from $940.0 million in the prior quarter.
• Over the last five years, Cost of Revenue for NOW reached as high as $1.2 billion in Q2 2026 and fell as low as $369.0 million in Q1 2022.
• A 5-year average of $604.1 million and a median of $536.0 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue climbed 10.96% — and 2026, when it soared 61.46%.
• Year by year, Cost of Revenue stood at $415.0 million in 2022, then rose by 24.34% to $516.0 million in 2023, then gained by 22.29% to $631.0 million in 2024, then surged by 32.17% to $834.0 million in 2025, then surged by 40.17% to $1.2 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 billion, $940.0 million, and $834.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.