ServiceNow (NOW) Enterprise Value (2011 - 2026)
ServiceNow (NOW) posted quarterly Enterprise Value of -$4.7 billion for Q2 2026, up 23.94% year-on-year from -$3.8 billion in Q2 2025, and up 10.0% on a QoQ basis from -$5.2 billion in Q1 2026.
ServiceNow (NOW) Enterprise Value (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Enterprise Value for 16 consecutive years, with -$4.7 billion the latest figure, recorded in Q2 2026.
- Quarterly Enterprise Value rose 23.94% year-over-year to -$4.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$4.7 billion (up 23.94% YoY) and the FY2025 annual result came in at -$6.3 billion, down 9.06% from the prior year.
- Enterprise Value rose to -$4.7 billion in Q2 2026 per NOW's latest filing, from -$5.2 billion in the prior quarter.
- Over the last five years, Enterprise Value for NOW reached as high as -$3.8 billion in Q2 2022 and fell as low as -$6.6 billion in Q1 2025.
- A 5-year average of -$5.0 billion and a median of -$5.0 billion in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value slumped 30.52% — and 2026, when it gained 23.94%.
- Year by year, Enterprise Value stood at -$4.3 billion in 2022, then fell by 13.95% to -$4.9 billion in 2023, then fell by 18.15% to -$5.8 billion in 2024, then dropped by 9.06% to -$6.3 billion in 2025, then gained by 25.78% to -$4.7 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$4.7 billion, -$5.2 billion, and -$6.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -19.64 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -2.64 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -5.74 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | -1.04 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | -11.84 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | -4.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -3.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -2.95 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | -1.41 Bn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | -4.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.66 Bn |
| Mar 31, 2026 | -5.18 Bn |
| Dec 31, 2025 | -6.28 Bn |
| Sep 30, 2025 | -5.41 Bn |
| Jun 30, 2025 | -6.13 Bn |
| Mar 31, 2025 | -6.60 Bn |
| Dec 31, 2024 | -5.76 Bn |
| Sep 30, 2024 | -5.30 Bn |
| Jun 30, 2024 | -5.41 Bn |
| Mar 31, 2024 | -5.11 Bn |
| Dec 31, 2023 | -4.88 Bn |
| Sep 30, 2023 | -4.07 Bn |
| Jun 30, 2023 | -4.75 Bn |
| Mar 31, 2023 | -4.91 Bn |
| Dec 31, 2022 | -4.28 Bn |
| Sep 30, 2022 | -3.96 Bn |
| Jun 30, 2022 | -3.83 Bn |
| Mar 31, 2022 | -4.01 Bn |
| Dec 31, 2021 | -3.30 Bn |
| Sep 30, 2021 | -3.03 Bn |