Growth Metrics

ServiceNow (NOW) Invested Capital (2016 - 2025)

ServiceNow's Invested Capital history spans 15 years, with the latest figure at $13.0 billion for Q4 2025.

  • For Q4 2025, Invested Capital rose 34.92% year-over-year to $13.0 billion; the TTM value through Dec 2025 reached $13.0 billion, up 34.92%, while the annual FY2025 figure was $13.0 billion, 34.92% up from the prior year.
  • Invested Capital reached $13.0 billion in Q4 2025 per NOW's latest filing, up from $11.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $13.0 billion in Q4 2025 to a low of $3.0 billion in Q1 2021.
  • Average Invested Capital over 5 years is $7.3 billion, with a median of $7.1 billion recorded in 2023.
  • Peak YoY movement for Invested Capital: surged 91.93% in 2021, then fell 11.85% in 2022.
  • A 5-year view of Invested Capital shows it stood at $5.2 billion in 2021, then fell by 2.84% to $5.0 billion in 2022, then skyrocketed by 51.59% to $7.6 billion in 2023, then increased by 25.97% to $9.6 billion in 2024, then skyrocketed by 34.92% to $13.0 billion in 2025.
  • Per Business Quant, the three most recent readings for NOW's Invested Capital are $13.0 billion (Q4 2025), $11.3 billion (Q3 2025), and $10.9 billion (Q2 2025).