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| Date | Value |
|---|---|
| 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 |