ServiceNow (NOW) Free Cash Flow (2012 - 2026)
ServiceNow (NOW) recorded Free Cash Flow of $748 million in Q3 2026, up 29.4% from $578 million a year earlier and up 58.1% from the prior quarter.
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Analysis
ServiceNow (NOW) Free Cash Flow (2012 - 2026) Analysis & Trends
On a TTM basis, ServiceNow's Free Cash Flow came in at $4.75 billion as of Sep 30, 2026, up 20.0% year-over-year; for FY2025, it came in at $4.58 billion, up 34.0% from FY2024.
- Annual Free Cash Flow has increased for nine straight years, with a five-year compound annual growth rate of 27.3% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $3.42 billion in FY2024 (+26.3%), $2.7 billion in FY2023 (+24.4%), $2.17 billion in FY2022 (+20.8%) and $1.8 billion in FY2021 (+31.6%).
- Quarterly Free Cash Flow has ranged from $103 million in Q3 2022 to $2 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in seven of the last eight quarters, with growth averaging 20.4%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 168.0% in Q3 2024, against a decline of 54.4% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $473 million (Q2 2026), $1.53 billion (Q1 2026) and $2 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 1.20 Bn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | -5.40 Bn |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 2.40 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 1.10 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 598.30 Mn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 748.00 Mn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 1.30 Bn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 3.96 Mn |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 723.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 748.00 Mn |
| Jun 30, 2026 | 473.00 Mn |
| Mar 31, 2026 | 1.53 Bn |
| Dec 31, 2025 | 2.00 Bn |
| Sep 30, 2025 | 578.00 Mn |
| Jun 30, 2025 | 526.00 Mn |
| Mar 31, 2025 | 1.47 Bn |
| Dec 31, 2024 | 1.38 Bn |
| Sep 30, 2024 | 469.00 Mn |
| Jun 30, 2024 | 358.00 Mn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Sep 30, 2023 | 175.00 Mn |
| Jun 30, 2023 | 448.00 Mn |
| Mar 31, 2023 | 737.00 Mn |
| Dec 31, 2022 | 1.02 Bn |
| Sep 30, 2022 | 103.00 Mn |
| Jun 30, 2022 | 282.00 Mn |
| Mar 31, 2022 | 770.00 Mn |
| Dec 31, 2021 | 744.00 Mn |
API Access
ServiceNow Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();