ServiceNow NOW
NYSE NOW
$128.48 -1.27 (-0.98%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

ServiceNow's (NOW) quarterly Cost of Revenue came in at $1.2 billion in Q2 2026, up 61.46% YoY from $724.0 million in Q2 2025, and up 24.36% on a QoQ basis from $940.0 million in Q1 2026.

ServiceNow (NOW) Cost of Revenue (2011 - 2026) Analysis & Trends

ServiceNow (NOW) has 16 years of Cost of Revenue data on file, last reported at $1.2 billion 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 rose to $1.2 billion in Q2 2026, from $940.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.2 billion in Q2 2026 to a low of $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 advanced 10.96% — and 2026, when it surged 61.46%.
  • Tracing NOW's Cost of Revenue over 5 years: stood at $415.0 million in 2022, then climbed by 24.34% to $516.0 million in 2023, then grew 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.
  • The last three Cost of Revenue figures came in at $1.2 billion (Q2 2026), $940.0 million (Q1 2026), and $834.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 255.14 Bn 233.48 Bn 16.51 Bn 6.08 Bn
2 Shopify 193.20 Bn 188.25 Bn 1.71 Bn 1.88 Bn
3 Salesforce 181.45 Bn 169.61 Bn 8.56 Bn 2.57 Bn
4 Uber Technologies 160.53 Bn 155.14 Bn 6.38 Bn 7.82 Bn
5 ServiceNow 133.04 Bn 128.38 Bn 2.82 Bn 1.17 Bn
6 Snowflake 114.80 Bn 111.85 Bn 926.45 Mn 464.50 Mn
7 Automatic Data Processing 113.03 Bn 108.80 Bn 2.51 Bn 2.96 Bn
8 Adobe 110.91 Bn 105.29 Bn 5.90 Bn 715.00 Mn
9 Intuit 101.34 Bn 94.56 Bn 7.24 Bn 1.32 Bn
10 Cadence Design Systems 87.39 Bn 85.95 Bn 1.41 Bn 175.18 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.17 Bn
Jun 30, 2026 1.17 Bn
Mar 31, 2026 940.00 Mn
Mar 31, 2026 940.00 Mn
Dec 31, 2025 834.00 Mn
Dec 31, 2025 834.00 Mn
Sep 30, 2025 774.00 Mn
Sep 30, 2025 774.00 Mn
Jun 30, 2025 724.00 Mn
Jun 30, 2025 724.00 Mn
Mar 31, 2025 651.00 Mn
Mar 31, 2025 651.00 Mn
Dec 31, 2024 631.00 Mn
Dec 31, 2024 631.00 Mn
Sep 30, 2024 584.00 Mn
Sep 30, 2024 584.00 Mn
Jun 30, 2024 552.00 Mn
Jun 30, 2024 552.00 Mn
Mar 31, 2024 520.00 Mn
Mar 31, 2024 520.00 Mn