ServiceNow (NOW) Enterprise Value (2012 - 2026)
ServiceNow (NOW) posted Enterprise Value of $134.5 billion for Q3 2026, down 27.7% from $186.01 billion a year earlier but up 37.3% from the prior quarter.
ServiceNow (NOW) Enterprise Value (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at ServiceNow was $118.37 billion, down 29.3% year-over-year; for FY2025, it came in at $154.15 billion, down 27.7% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In prior years, ServiceNow's Enterprise Value was $213.13 billion in FY2024 (+52.5%), $139.76 billion in FY2023 (+87.6%), $74.5 billion in FY2022 (-41.0%) and $126.26 billion in FY2021 (+20.6%).
- Quarterly Enterprise Value has run from a low of $72.47 billion in Q3 2022 to a high of $213.13 billion in Q4 2024 over five years.
- On a year-over-year basis, Enterprise Value has declined in each of the last four quarters, with an average decline of 6.2% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2023, with growth of 87.6%; the weakest was Q2 2026, with a decline of 52.8%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $97.99 billion (Q2 2026), $102.64 billion (Q1 2026) and $154.15 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 408.11 Bn | 372.93 Bn | 1.93 Bn |
| 2 | Oracle | 355.62 Bn | 227.75 Bn | - |
| 3 | Sap Se | 276.79 Bn | 204.18 Bn | 8.64 Bn |
| 4 | Salesforce | 175.88 Bn | 131.75 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 121.54 Bn | 108.34 Bn | 2.53 Bn |
| 6 | ServiceNow | 106.68 Bn | 85.94 Bn | 2.90 Bn |
| 7 | Intuit | 93.48 Bn | 72.83 Bn | 3.44 Bn |
| 8 | Relx | 73.38 Bn | 72.47 Bn | - |
| 9 | Strategy | 50.44 Bn | 37.58 Bn | 89.63 Mn |
| 10 | Thomson Reuters | 48.75 Bn | 44.72 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 134.50 Bn |
| Jun 30, 2026 | 97.99 Bn |
| Mar 31, 2026 | 102.64 Bn |
| Dec 31, 2025 | 154.15 Bn |
| Sep 30, 2025 | 186.01 Bn |
| Jun 30, 2025 | 207.71 Bn |
| Mar 31, 2025 | 158.21 Bn |
| Dec 31, 2024 | 213.13 Bn |
| Sep 30, 2024 | 179.23 Bn |
| Jun 30, 2024 | 156.56 Bn |
| Mar 31, 2024 | 151.49 Bn |
| Dec 31, 2023 | 139.76 Bn |
| Sep 30, 2023 | 110.52 Bn |
| Jun 30, 2023 | 110.06 Bn |
| Mar 31, 2023 | 89.88 Bn |
| Dec 31, 2022 | 74.50 Bn |
| Sep 30, 2022 | 72.47 Bn |
| Jun 30, 2022 | 92.22 Bn |
| Mar 31, 2022 | 107.64 Bn |
| Dec 31, 2021 | 126.26 Bn |
ServiceNow Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();