ServiceNow (NOW) Free Cash Flow (2011 - 2026)

ServiceNow (NOW) posted quarterly Free Cash Flow of $473.0 million for Q2 2026, down 10.08% year-on-year from $526.0 million in Q2 2025, and down 69.06% on a QoQ basis from $1.5 billion in Q1 2026.

ServiceNow (NOW) Free Cash Flow (2011 - 2026) Analysis & Trends

ServiceNow (NOW) has reported Free Cash Flow for 16 consecutive years, with $473.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Free Cash Flow fell 10.08% year-over-year to $473.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.6 billion (up 18.99% YoY) and the FY2025 annual result came in at $4.6 billion, up 34.0% from the prior year.
  • Free Cash Flow retreated to $473.0 million in Q2 2026 per NOW's latest filing, from $1.5 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for NOW reached as high as $2.0 billion in Q4 2025 and fell as low as $103.0 million in Q3 2022.
  • A 5-year average of $826.1 million and a median of $657.5 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow sank 54.42% — and 2024, when it surged 168.0%.
  • Year by year, Free Cash Flow stood at $1.0 billion in 2022, then soared by 32.02% to $1.3 billion in 2023, then climbed by 2.83% to $1.4 billion in 2024, then soared by 44.72% to $2.0 billion in 2025, then slumped by 76.35% to $473.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $473.0 million, $1.5 billion, and $2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 323.26 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 473.00 Mn
Jun 30, 2026 473.00 Mn
Mar 31, 2026 1.53 Bn
Mar 31, 2026 1.53 Bn
Dec 31, 2025 2.00 Bn
Dec 31, 2025 2.00 Bn
Sep 30, 2025 578.00 Mn
Sep 30, 2025 578.00 Mn
Jun 30, 2025 526.00 Mn
Jun 30, 2025 526.00 Mn
Mar 31, 2025 1.47 Bn
Mar 31, 2025 1.47 Bn
Dec 31, 2024 1.38 Bn
Dec 31, 2024 1.38 Bn
Sep 30, 2024 469.00 Mn
Sep 30, 2024 469.00 Mn
Jun 30, 2024 358.00 Mn
Jun 30, 2024 358.00 Mn
Mar 31, 2024 1.21 Bn
Mar 31, 2024 1.21 Bn