ServiceNow (NOW) Interest Expenses (2015 - 2022)
ServiceNow (NOW) reported Interest Expenses of $7.0 million for Q4 2022, little changed on a YoY basis from $7.0 million in Q4 2021, and down 12.5% quarter-over-quarter from $8.0 million in Q3 2022.
ServiceNow (NOW) Interest Expenses (2015 - 2022) Analysis & Trends
ServiceNow has reported Interest Expenses for 8 years, with the latest figure at $7.0 million in Q4 2022.
- For the quarter ending Q4 2022, Interest Expenses changed 0.0% year-over-year to $7.0 million; the trailing twelve-month figure through Sep 2023 stood at $7.0 million (down 74.07% YoY), and the FY2022 full-year result was $27.0 million, down 3.57% from the prior year.
- Interest Expenses for Q4 2022 stood at $7.0 million, down from $8.0 million in the prior quarter.
- The five-year high for Interest Expenses was $17.1 million in Q1 2018, with the low at $6.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $8.7 million across 5 years, with a median of $8.0 million in 2019.
- Annual changes were most pronounced in 2018 — Interest Expenses surged 96.64% — and 2019, when it sank 52.13%.
- ServiceNow's Interest Expenses stood at $8.9 million in 2018, then fell by 8.35% to $8.2 million in 2019, then decreased by 2.34% to $8.0 million in 2020, then retreated by 12.5% to $7.0 million in 2021, then changed by 0.0% to $7.0 million in 2022.
- The last three Interest Expenses figures came in at $7.0 million (Q4 2022), $8.0 million (Q3 2022), and $6.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -341.86 Mn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 108.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 317.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 31.61 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 78.70 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 65.00 Mn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 2.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 7.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 8.00 Mn |
| Sep 30, 2022 | 8.00 Mn |
| Jun 30, 2022 | 6.00 Mn |
| Jun 30, 2022 | 6.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Sep 30, 2021 | 7.00 Mn |
| Sep 30, 2021 | 7.00 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Mar 31, 2021 | 7.00 Mn |
| Mar 31, 2021 | 7.00 Mn |
| Dec 31, 2020 | 8.00 Mn |
| Dec 31, 2020 | 8.00 Mn |
| Sep 30, 2020 | 8.00 Mn |
| Sep 30, 2020 | 8.00 Mn |