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

ServiceNow (NOW) has 16 years of Cost of Revenue data on file, last reported 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.
• Across five years, Cost of Revenue topped out at $1.7 billion in Q4 2022 and bottomed at -$540.0 million in Q4 2024.
• The 5-year median for Cost of Revenue is $651.0 million (2025), against an average of $534.4 million.
• The widest annual swing landed in 2022, when Cost of Revenue surged 125.08%; it then slumped 132.19% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $1.7 billion in 2022, then plunged by 132.19% to -$533.0 million in 2023, then retreated by 1.31% to -$540.0 million in 2024, then soared by 52.78% to -$255.0 million in 2025, then jumped 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.

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