ServiceNow (NOW) Net Margin (2011 - 2026)
ServiceNow's Net Margin came in at 7.47% for Q2 2026, down 4.50 percentage points from 11.98% a year earlier and down 4.97 percentage points from the prior quarter.
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Analysis
ServiceNow (NOW) Net Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ServiceNow reported Net Margin of 11.34%, down 2.44 percentage points year-over-year; for FY2025, it was 13.16%, up 0.19 percentage points from FY2024.
- Net Margin carries a five-year change of +10.53 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 12.97% in FY2024 (-6.32 pp), 19.30% in FY2023 (+14.81 pp), 4.49% in FY2022 (+0.58 pp) and 3.90% in FY2021 (+1.27 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q1 2023.
- Year-over-year, Net Margin has declined for four consecutive quarters, with an average year-over-year change of -0.01 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2023 (a gain of 47.42 percentage points), and the weakest in Q2 2024 (a drop of 38.58 percentage points).
- Business Quant data shows NOW's Net Margin at 12.44% (Q1 2026), 11.24% (Q4 2025) and 14.73% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 54.86% |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 24.19% |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 22.07% |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 31.08% |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 7.47% |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 17.88% |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | -7,044.56% |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | 22.88% |
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();