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
DateValue
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