ServiceNow (NOW) FCF Margin (2010 - 2025)
ServiceNow's (NOW) annual FCF Margin came in at 34.46% in FY2025, up 10.85% year-over-year from 31.09% in FY2024.
ServiceNow (NOW) FCF Margin (2010 - 2025) Analysis & Trends
ServiceNow (NOW) has 16 years of FCF Margin data on file, last reported at 34.46% in FY2025.
- 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 grew to 34.46% in FY2025, from 31.09% in the prior year.
- In the past five years, FCF Margin ranged from a high of 34.46% in FY2025 to a low of 29.99% in FY2022.
- A 5-year average of 31.24% and a median of 30.51% in 2021 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 52 bps — and 2025, when it jumped 337 bps.
- Tracing NOW's FCF Margin over 5 years: stood at 30.51% in 2021, then dropped by 2 bps to 29.99% in 2022, then gained by 0 bps to 30.14% in 2023, then advanced by 3 bps to 31.09% in 2024, then grew by 11 bps to 34.46% in 2025.
- The last three FCF Margin figures came in at 34.46% (FY2025), 31.09% (FY2024), and 30.14% (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.53 Bn | 233.87 Bn | 16.51 Bn | - |
| 2 | Shopify | 192.92 Bn | 187.97 Bn | 1.71 Bn | - |
| 3 | Salesforce | 181.85 Bn | 170.02 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 159.48 Bn | 154.08 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 132.26 Bn | 127.60 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 113.75 Bn | 109.52 Bn | 2.51 Bn | 23.90% |
| 7 | Snowflake | 112.44 Bn | 109.49 Bn | 926.45 Mn | - |
| 8 | Adobe | 110.97 Bn | 105.34 Bn | 5.90 Bn | - |
| 9 | Intuit | 102.16 Bn | 95.38 Bn | 7.24 Bn | - |
| 10 | Cadence Design Systems | 85.85 Bn | 84.41 Bn | 1.41 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.46% |
| Dec 31, 2024 | 31.09% |
| Dec 31, 2023 | 30.14% |
| Dec 31, 2022 | 29.99% |
| Dec 31, 2021 | 30.51% |
| Dec 31, 2020 | 30.25% |
| Dec 31, 2019 | 28.06% |
| Dec 31, 2018 | 22.49% |
| Dec 31, 2017 | 25.67% |
| Dec 31, 2016 | 3.85% |
| Dec 31, 2015 | 22.90% |
| Dec 31, 2014 | 12.68% |
| Dec 31, 2013 | 6.22% |
| Dec 31, 2012 | 2.75% |
| Jun 30, 2012 | 2.68% |
| Dec 31, 2011 | 7.17% |
| Jun 30, 2011 | 31.02% |
| Jun 30, 2010 | -21.04% |