Growth Metrics

ServiceNow (NOW) Cost of Revenue (2016 - 2025)

ServiceNow's Cost of Revenue history spans 15 years, with the latest figure at $2.2 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 254.83% year-over-year to $2.2 billion; the TTM value through Dec 2025 reached $4.4 billion, up 62.82%, while the annual FY2025 figure was $4.4 billion, 91.87% up from the prior year.
  • Cost of Revenue reached $2.2 billion in Q4 2025 per NOW's latest filing, up from $774.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.2 billion in Q4 2025 to a low of $299.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $720.2 million, with a median of $662.0 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: plummeted 44.9% in 2021, then soared 254.83% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $632.0 million in 2021, then rose by 14.24% to $722.0 million in 2022, then fell by 28.53% to $516.0 million in 2023, then rose by 22.29% to $631.0 million in 2024, then skyrocketed by 254.83% to $2.2 billion in 2025.
  • Per Business Quant, the three most recent readings for NOW's Cost of Revenue are $2.2 billion (Q4 2025), $774.0 million (Q3 2025), and $724.0 million (Q2 2025).