ServiceNow (NOW) Interest Coverage Ratio (2011 - 2026)
ServiceNow (NOW) posted quarterly Interest Coverage Ratio of 0.15 for Q2 2026, down 98.29% year-on-year from 8.73 in Q2 2025, and down 67.62% on a QoQ basis from 0.46 in Q1 2026.
ServiceNow (NOW) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Interest Coverage Ratio for 16 consecutive years, with 0.15 the latest figure, recorded in Q2 2026.
- Quarterly Interest Coverage Ratio fell 98.29% year-over-year to 0.15 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.55 (down 96.03% YoY) and the FY2025 annual result came in at 7.57, up 22.07% from the prior year.
- Interest Coverage Ratio slipped to 0.15 in Q2 2026 per NOW's latest filing, from 0.46 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for NOW reached as high as 18.79 in Q1 2025 and fell as low as 9.84 in Q4 2024.
- A 5-year average of 1.75 and a median of 0.25 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 376.79% — and 2024, when it surged 10833.19%.
- Year by year, Interest Coverage Ratio stood at 4.84 in 2022, then soared by 105.19% to 0.25 in 2023, then plunged by 4015.54% to 9.84 in 2024, then gained by 22.4% to 7.64 in 2025, then surged by 101.95% to 0.15 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.15, 0.46, and 7.64 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.00 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 10.68 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.80 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.15 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -2.54 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -6.14 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 7.54 |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | -7.64 |
| Sep 30, 2025 | 0.53 |
| Jun 30, 2025 | 8.73 |
| Mar 31, 2025 | 18.79 |
| Dec 31, 2024 | -9.84 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 17.47 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | -4.84 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 4.58 |
| Dec 31, 2021 | 1.75 |
| Sep 30, 2021 | 0.10 |
| Jun 30, 2021 | 0.09 |