ServiceNow (NOW) FCF Margin (2011 - 2026)

ServiceNow (NOW) has reported FCF Margin for 16 consecutive years, with 11.86% the latest figure, recorded in Q2 2026.

• Quarterly FCF Margin fell 450.0% year-over-year to 11.86% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.09% (down 83.0% YoY) and the FY2025 annual result came in at 34.46%, up 337.0% from the prior year.
• FCF Margin declined to 11.86% in Q2 2026 per NOW's latest filing, from 40.56% in the prior quarter.
• Over the last five years, FCF Margin for NOW reached as high as 56.05% in Q4 2025 and fell as low as 5.63% in Q3 2022.
• A 5-year average of 30.59% and a median of 28.0% in 2023 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2023 — FCF Margin tumbled 955 bps — and 2024, when it surged 1117 bps.
• Year by year, FCF Margin stood at 52.47% in 2022, then climbed by 5 bps to 55.15% in 2023, then slipped by 15 bps to 46.74% in 2024, then rose by 20 bps to 56.05% in 2025, then slumped by 79 bps to 11.86% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 11.86%, 40.56%, and 56.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.