ServiceNow (NOW) Net Margin (2011 - 2026)
ServiceNow's (NOW) quarterly Net Margin came in at 7.47% in Q2 2026, down 450.0% YoY from 2.14% in Q2 2025, and down 39.92% on a QoQ basis from 12.44% in Q1 2026.
ServiceNow (NOW) Net Margin (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has 16 years of Net Margin data on file, last reported at 7.47% in Q2 2026.
- Quarterly Net Margin fell 450.0% year-over-year to 7.47% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.34% (down 244.0% YoY) and the FY2025 annual result came in at 13.16%, up 19.0% from the prior year.
- Net Margin retreated to 7.47% in Q2 2026, from 12.44% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 48.56% in Q2 2023 to a low of 1.14% in Q2 2022.
- A 5-year average of 12.25% and a median of 11.61% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin jumped 4742 bps — and 2024, when it slumped 3858 bps.
- Tracing NOW's Net Margin over 5 years: 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 plunged by 33 bps to 7.47% in 2026.
- The last three Net Margin figures came in at 7.47% (Q2 2026), 12.44% (Q1 2026), and 11.24% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 3.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47% |
| 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% |