ServiceNow (NOW) FCF Margin (2011 - 2026)
ServiceNow's (NOW) quarterly FCF Margin came in at 11.86% in Q2 2026, down 450.0% on a YoY basis from 3.39% in Q2 2025, and down 70.75% quarter-over-quarter from 40.56% in Q1 2026.
Analysis
ServiceNow (NOW) FCF Margin (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has reported FCF Margin for 16 consecutive years, with 11.86% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 450.0% year-over-year to 11.86%; the trailing twelve-month figure through Jun 2026 stood at 31.09% (down 83.0% YoY), and the FY2025 full-year result was 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.
- Across five years, FCF Margin topped out at 56.05% in Q4 2025 and bottomed at 5.63% in Q3 2022.
- Historically, FCF Margin has averaged 30.59% across 5 years, with a median of 28.0% in 2023.
- The sharpest annual moves came in 2023 and 2024: FCF Margin sank 955 bps in 2023, then surged 1117 bps in 2024.
- Over 5 years, FCF Margin stood at 52.47% in 2022, then advanced by 5 bps to 55.15% in 2023, then decreased by 15 bps to 46.74% in 2024, then increased by 20 bps to 56.05% in 2025, then tumbled 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn | 11.86% |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn | 28.94% |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn | 20.81% |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn | 30.89% |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn | 19.43% |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn | 4.81% |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn | 14.23% |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | -128.99% |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn | -50.43% |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn | 42.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.86% |
| Mar 31, 2026 | 40.56% |
| 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 | 13.63% |
| Mar 31, 2024 | 46.33% |
| Dec 31, 2023 | 55.15% |
| Sep 30, 2023 | 7.65% |
| Jun 30, 2023 | 20.84% |
| Mar 31, 2023 | 35.16% |
| Dec 31, 2022 | 52.47% |
| Sep 30, 2022 | 5.63% |
| Jun 30, 2022 | 16.10% |
| Mar 31, 2022 | 44.72% |
| Dec 31, 2021 | 46.10% |
| Sep 30, 2021 | 14.95% |