ServiceNow (NOW) FCF Margin (2011 - 2026)
ServiceNow posted quarterly FCF Margin of 41.64% for Q1 2026, down 602.0% year-on-year from 8.3% in Q1 2025, and down 25.71% on a QoQ basis from 56.05% in Q4 2025.
ServiceNow (NOW) has 16 years of FCF Margin data on file, last reported at 41.64% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 602.0% year-over-year to 41.64%; the trailing twelve-month figure through Mar 2026 stood at 33.48% (up 179.0% YoY), and the FY2025 full-year result was 34.46%, up 337.0% from the prior year.
- FCF Margin for Q1 2026 stood at 41.64%, down from 56.05% in the prior quarter.
- Across five years, FCF Margin topped out at 66.64% in Q4 2023 and bottomed at 11.88% in Q2 2024.
- The 5-year median for FCF Margin is 40.79% (2023), against an average of 34.97%.
- The widest annual swing landed in 2022, when FCF Margin soared 1629 bps; it then slumped 1990 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 57.84% in 2022, then gained by 15 bps to 66.64% in 2023, then retreated by 30 bps to 46.74% in 2024, then grew by 20 bps to 56.05% in 2025, then dropped by 26 bps to 41.64% in 2026.
- The last three FCF Margin figures came in at 41.64% (Q1 2026), 56.05% (Q4 2025), and 16.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 32.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.64% |
| Dec 31, 2025 | 56.05% |
| Sep 30, 2025 | 16.97% |
| Jun 30, 2025 | 16.36% |
| Mar 31, 2025 | 47.67% |
| Dec 31, 2024 | 46.74% |
| Sep 30, 2024 | 16.77% |
| Jun 30, 2024 | 11.88% |
| Mar 31, 2024 | 48.10% |
| Dec 31, 2023 | 66.64% |
| Sep 30, 2023 | 12.50% |
| Jun 30, 2023 | 27.40% |
| Mar 31, 2023 | 40.79% |
| Dec 31, 2022 | 57.84% |
| Sep 30, 2022 | 15.84% |
| Jun 30, 2022 | 25.51% |
| Mar 31, 2022 | 45.88% |
| Dec 31, 2021 | 66.48% |
| Sep 30, 2021 | 14.95% |
| Jun 30, 2021 | 9.23% |
| Mar 31, 2021 | 51.40% |
| Dec 31, 2020 | 74.80% |
| Sep 30, 2020 | 4.43% |
| Jun 30, 2020 | 25.51% |
| Mar 31, 2020 | 39.10% |
| Dec 31, 2019 | 35.96% |
| Sep 30, 2019 | 6.35% |
| Jun 30, 2019 | 28.88% |
| Mar 31, 2019 | 42.06% |
| Dec 31, 2018 | 40.38% |
| Sep 30, 2018 | 31.03% |
| Jun 30, 2018 | 9.80% |
| Mar 31, 2018 | 38.32% |
| Dec 31, 2017 | 27.34% |
| Sep 30, 2017 | 19.31% |
| Jun 30, 2017 | 15.28% |
| Mar 31, 2017 | 46.12% |
| Dec 31, 2016 | 7.00% |
| Sep 30, 2016 | 28.26% |
| Jun 30, 2016 | -39.01% |
| Mar 31, 2016 | 16.22% |
| Dec 31, 2015 | -18.93% |
| Sep 30, 2015 | 23.99% |
| Jun 30, 2015 | 30.51% |
| Mar 31, 2015 | 183.71% |
| Dec 31, 2014 | 20.60% |
| Sep 30, 2014 | 24.36% |
| Jun 30, 2014 | 15.44% |
| Mar 31, 2014 | 9.44% |
| Dec 31, 2013 | 19.34% |
| Sep 30, 2013 | -11.31% |
| Jun 30, 2013 | 46.40% |
| Mar 31, 2013 | 10.32% |
| Dec 31, 2012 | -28.77% |
| Mar 31, 2012 | 164.78% |
| Sep 30, 2011 | -46.17% |