ServiceNow (NOW) Net Margin (2011 - 2026)
ServiceNow (NOW) reported Net Margin of 12.44% for Q1 2026, down 246.0% on a YoY basis from 8.52% in Q1 2025, and up 10.69% quarter-over-quarter from 11.24% in Q4 2025.
ServiceNow (NOW) Net Margin (2011 - 2026) Analysis & Trends
ServiceNow has reported Net Margin for 16 years, with the latest figure at 12.44% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 246.0% year-over-year to 12.44%; the trailing twelve-month figure through Mar 2026 stood at 12.59% (down 82.0% YoY), and the FY2025 full-year result was 13.16%, up 19.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.44%, up from 11.24% in the prior quarter.
- The five-year high for Net Margin was 48.56% in Q2 2023, with the low at 1.14% in Q2 2022.
- Historically, Net Margin has averaged 12.53% across 5 years, with a median of 11.98% in 2025.
- Annual changes were most pronounced in 2023 — Net Margin jumped 4742 bps — and 2024, when it slumped 3858 bps.
- ServiceNow's Net Margin stood at 7.73% in 2022, then soared by 57 bps to 12.11% in 2023, then advanced by 7 bps to 12.99% in 2024, then dropped by 13 bps to 11.24% in 2025, then climbed by 11 bps to 12.44% in 2026.
- The last three Net Margin figures came in at 12.44% (Q1 2026), 11.24% (Q4 2025), and 14.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -21.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.44% |
| Dec 31, 2025 | 11.24% |
| Sep 30, 2025 | 14.73% |
| Jun 30, 2025 | 11.98% |
| Mar 31, 2025 | 14.90% |
| Dec 31, 2024 | 12.99% |
| Sep 30, 2024 | 15.45% |
| Jun 30, 2024 | 9.97% |
| Mar 31, 2024 | 13.33% |
| Dec 31, 2023 | 12.11% |
| Sep 30, 2023 | 10.58% |
| Jun 30, 2023 | 48.56% |
| Mar 31, 2023 | 7.16% |
| Dec 31, 2022 | 7.73% |
| Sep 30, 2022 | 4.37% |
| Jun 30, 2022 | 1.14% |
| Mar 31, 2022 | 4.36% |
| Dec 31, 2021 | 1.61% |
| Sep 30, 2021 | 4.17% |
| Jun 30, 2021 | 4.19% |