ServiceNow NOW
NYSE NOW
$141.27 -4.25 (-2.92%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%