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.
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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 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 55.08% |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 24.19% |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 22.07% |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 31.08% |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 7.47% |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 17.88% |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 8.34% |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | -7,044.56% |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 23.86% |
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% |
API Access
ServiceNow Net Margin 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=net-margin&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();