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