ServiceNow (NOW) Invested Capital (2011 - 2026)

ServiceNow (NOW) reported Invested Capital of $11.7 billion for Q1 2026, up 15.67% on a YoY basis from $10.1 billion in Q1 2025, and down 9.53% quarter-over-quarter from $13.0 billion in Q4 2025.

ServiceNow (NOW) Invested Capital (2011 - 2026) Analysis & Trends

ServiceNow has reported Invested Capital for 16 years, with the latest figure at $11.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 15.67% year-over-year to $11.7 billion; the trailing twelve-month figure through Mar 2026 stood at $11.7 billion (up 15.67% YoY), and the FY2025 full-year result was $13.0 billion, up 34.92% from the prior year.
  • Invested Capital for Q1 2026 stood at $11.7 billion, down from $13.0 billion in the prior quarter.
  • The five-year high for Invested Capital was $13.0 billion in Q4 2025, with the low at $4.1 billion in Q1 2022.
  • Historically, Invested Capital has averaged $8.3 billion across 5 years, with a median of $8.1 billion in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 72.12% — and 2026, when it climbed 15.67%.
  • ServiceNow's Invested Capital stood at $6.5 billion in 2022, then grew by 17.03% to $7.6 billion in 2023, then rose by 25.97% to $9.6 billion in 2024, then surged by 34.92% to $13.0 billion in 2025, then dropped by 9.53% to $11.7 billion in 2026.
  • The last three Invested Capital figures came in at $11.7 billion (Q1 2026), $13.0 billion (Q4 2025), and $11.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 60.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 5.83 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 24.75 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.50 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 73.52 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 6.99 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 11.73 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 6.35 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 16.32 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 1.94 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.73 Bn
Dec 31, 2025 12.96 Bn
Sep 30, 2025 11.30 Bn
Jun 30, 2025 10.93 Bn
Mar 31, 2025 10.14 Bn
Dec 31, 2024 9.61 Bn
Sep 30, 2024 9.29 Bn
Jun 30, 2024 8.67 Bn
Mar 31, 2024 8.11 Bn
Dec 31, 2023 7.63 Bn
Sep 30, 2023 7.18 Bn
Jun 30, 2023 6.93 Bn
Mar 31, 2023 5.60 Bn
Dec 31, 2022 6.52 Bn
Sep 30, 2022 6.01 Bn
Jun 30, 2022 4.19 Bn
Mar 31, 2022 4.09 Bn
Dec 31, 2021 3.79 Bn
Sep 30, 2021 5.02 Bn
Jun 30, 2021 3.37 Bn