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

ServiceNow (NOW) reported Free Cash Flow of $1.6 billion for Q1 2026, up 6.66% on a YoY basis from $1.5 billion in Q1 2025, and down 21.5% quarter-over-quarter from $2.0 billion in Q4 2025.

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

ServiceNow has reported Free Cash Flow for 16 years, with the latest figure at $1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 6.66% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $4.7 billion (up 28.58% YoY), and the FY2025 full-year result was $4.6 billion, up 34.0% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $1.6 billion, down from $2.0 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $2.0 billion in Q4 2025, with the low at $286.0 million in Q3 2023.
  • Historically, Free Cash Flow has averaged $915.5 million across 5 years, with a median of $790.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Free Cash Flow jumped 243.85% — and 2024, when it tumbled 47.03%.
  • ServiceNow's Free Cash Flow stood at $1.1 billion in 2022, then soared by 44.74% to $1.6 billion in 2023, then dropped by 14.9% to $1.4 billion in 2024, then soared by 44.72% to $2.0 billion in 2025, then fell by 21.5% to $1.6 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.6 billion (Q1 2026), $2.0 billion (Q4 2025), and $578.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 4.11 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 225.50 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 2.29 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 476.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 306.96 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 1.57 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 2.19 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.11 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 228.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.57 Bn
Mar 31, 2026 1.57 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 312.00 Mn
Jun 30, 2024 312.00 Mn
Mar 31, 2024 1.25 Bn
Mar 31, 2024 1.25 Bn
Dec 31, 2023 1.62 Bn
Dec 31, 2023 1.62 Bn