ServiceNow (NOW) Net Margin (2011 - 2026)
ServiceNow (NOW) posted quarterly Net Margin of 7.47% for Q2 2026, down 450.0% year-on-year 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 reported Net Margin for 16 consecutive years, with 7.47% the latest figure, recorded 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 declined to 7.47% in Q2 2026 per NOW's latest filing, from 12.44% in the prior quarter.
- Over the last five years, Net Margin for NOW reached as high as 48.56% in Q2 2023 and fell as low as 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 surged 4742 bps — and 2024, when it sank 3858 bps.
- Year by year, Net Margin stood at 7.73% in 2022, then soared by 57 bps to 12.11% in 2023, then increased by 7 bps to 12.99% in 2024, then retreated by 13 bps to 11.24% in 2025, then sank by 33 bps to 7.47% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.47%, 12.44%, and 11.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 5.22% |
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% |