ServiceNow (NOW) Invested Capital (2011 - 2026)
ServiceNow posted quarterly Invested Capital of $11.7 billion for Q1 2026, up 15.67% year-on-year from $10.1 billion in Q1 2025, and down 9.53% on a QoQ basis from $13.0 billion in Q4 2025.
ServiceNow (NOW) has 16 years of Invested Capital data on file, last reported 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.
- Across five years, Invested Capital topped out at $13.0 billion in Q4 2025 and bottomed at $4.1 billion in Q1 2022.
- The 5-year median for Invested Capital is $8.1 billion (2024), against an average of $8.3 billion.
- The widest annual swing landed in 2022, when Invested Capital surged 72.12%; it then climbed 15.67% in 2026.
- A 5-year view of Invested Capital shows it stood at $6.5 billion in 2022, then increased by 17.03% to $7.6 billion in 2023, then gained by 25.97% to $9.6 billion in 2024, then soared by 34.92% to $13.0 billion in 2025, then declined 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 73.58 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 24.75 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.50 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 11.73 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 6.99 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 16.81 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 6.35 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 26.79 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 3.99 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 3.04 Bn |
| Dec 31, 2020 | 2.99 Bn |
| Sep 30, 2020 | 2.67 Bn |
| Jun 30, 2020 | 2.48 Bn |
| Mar 31, 2020 | 2.27 Bn |
| Dec 31, 2019 | 2.13 Bn |
| Sep 30, 2019 | 1.43 Bn |
| Jun 30, 2019 | 1.26 Bn |
| Mar 31, 2019 | 1.19 Bn |
| Dec 31, 2018 | 1.11 Bn |
| Sep 30, 2018 | 1.02 Bn |
| Jun 30, 2018 | 891.71 Mn |
| Mar 31, 2018 | 865.16 Mn |
| Dec 31, 2017 | 778.74 Mn |
| Sep 30, 2017 | 551.39 Mn |
| Jun 30, 2017 | 482.43 Mn |
| Mar 31, 2017 | 427.34 Mn |
| Dec 31, 2016 | 541.09 Mn |
| Sep 30, 2016 | 362.50 Mn |
| Jun 30, 2016 | 324.28 Mn |
| Mar 31, 2016 | 302.36 Mn |
| Dec 31, 2015 | 566.81 Mn |
| Sep 30, 2015 | 516.93 Mn |
| Jun 30, 2015 | 463.11 Mn |
| Mar 31, 2015 | 454.91 Mn |
| Dec 31, 2014 | 428.68 Mn |
| Sep 30, 2014 | 417.42 Mn |
| Jun 30, 2014 | 398.12 Mn |
| Mar 31, 2014 | 403.74 Mn |
| Dec 31, 2013 | 394.26 Mn |
| Sep 30, 2013 | 287.60 Mn |
| Jun 30, 2013 | 267.90 Mn |
| Mar 31, 2013 | 263.93 Mn |
| Dec 31, 2012 | 243.41 Mn |
| Dec 31, 2011 | -57.43 Mn |
| Jun 30, 2011 | -58.38 Mn |