ServiceNow (NOW) Invested Capital (2016 - 2026)
ServiceNow's (NOW) quarterly Invested Capital came in at $22.1 billion in Q2 2026, up 52.99% quarter-over-quarter from $14.5 billion in Q4 2025.
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Analysis
ServiceNow (NOW) Invested Capital (2016 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Invested Capital for 9 consecutive years, with $22.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital changed N/A year-over-year to $22.1 billion; the trailing twelve-month figure through Jun 2026 stood at $22.1 billion (changed N/A YoY), and the FY2025 full-year result was $14.5 billion, changed N/A from the prior year.
- Invested Capital improved to $22.1 billion in Q2 2026 per NOW's latest filing, from $14.5 billion in the prior quarter.
- Across five years, Invested Capital topped out at $22.1 billion in Q2 2026 and bottomed at $5.6 billion in Q1 2022.
- Historically, Invested Capital has averaged $10.1 billion across 3 years, with a median of $6.3 billion in 2022.
- The widest YoY moves for Invested Capital: up 23.66% in 2022, down 16.92% in 2022.
- Over 3 years, Invested Capital stood at $6.5 billion in 2022, then jumped by 121.77% to $14.5 billion in 2025, then surged by 52.99% to $22.1 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $22.1 billion, $14.5 billion, and $6.5 billion for Q2 2026, Q4 2025, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 192.53 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 62.52 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 77.67 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 22.12 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 11.00 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 27.91 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | 4.83 Bn |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 37.64 Bn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 10.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.68 Bn |
| Dec 31, 2025 | 12.96 Bn |
| Dec 31, 2022 | 5.03 Bn |
| Sep 30, 2022 | 4.52 Bn |
| Jun 30, 2022 | 4.19 Bn |
| Mar 31, 2022 | 4.09 Bn |
| Dec 31, 2021 | 3.79 Bn |
| Sep 30, 2021 | 5.11 Bn |
| Jun 30, 2021 | 4.86 Bn |
| Mar 31, 2021 | 4.65 Bn |
| Dec 31, 2020 | 4.47 Bn |
| Sep 30, 2020 | 4.38 Bn |
| Dec 31, 2019 | 2.87 Bn |
| Dec 31, 2018 | 1.11 Bn |
| Sep 30, 2018 | 1.18 Bn |
| Jun 30, 2018 | 1.10 Bn |
| Mar 31, 2018 | 1.38 Bn |
| Dec 31, 2017 | 1.32 Bn |
| Dec 31, 2016 | 541.09 Mn |
API Access
ServiceNow Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();