ServiceNow (NOW) Net Margin (2011 - 2026)
ServiceNow's (NOW) quarterly Net Margin came in at 7.47% in Q2 2026, down 450.0% on a YoY basis from 2.14% in Q2 2025, and down 39.92% quarter-over-quarter from 12.44% in Q1 2026.
Analysis
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.
- For the quarter ending Q2 2026, Net Margin fell 450.0% year-over-year to 7.47%; the trailing twelve-month figure through Jun 2026 stood at 11.34% (down 244.0% YoY), and the FY2025 full-year result was 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.
- Across five years, Net Margin topped out at 48.56% in Q2 2023 and bottomed at 1.14% in Q2 2022.
- Historically, Net Margin has averaged 12.25% across 5 years, with a median of 11.61% in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Margin surged 4742 bps in 2023, then tumbled 3858 bps in 2024.
- Over 5 years, Net Margin stood at 7.73% in 2022, then surged by 57 bps to 12.11% in 2023, then grew by 7 bps to 12.99% in 2024, then fell by 13 bps to 11.24% in 2025, then slumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn | 7.47% |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn | 17.93% |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn | 13.88% |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn | 5.38% |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn | 3.17% |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn | -5.81% |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn | 4.75% |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | -197.62% |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn | -41.06% |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn | 10.17% |
Historic Data
Download Data
Historic 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% |