ServiceNow (NOW) Operating Expenses (2011 - 2026)

ServiceNow (NOW) posted quarterly Operating Expenses of $2.7 billion for Q2 2026, up 24.52% year-on-year from $2.1 billion in Q2 2025, and up 14.14% on a QoQ basis from $2.3 billion in Q1 2026.

ServiceNow (NOW) Operating Expenses (2011 - 2026) Analysis & Trends

ServiceNow (NOW) has reported Operating Expenses for 16 consecutive years, with $2.7 billion the latest figure, recorded in Q2 2026.

  • Quarterly Operating Expenses rose 24.52% year-over-year to $2.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $9.3 billion (up 18.68% YoY) and the FY2025 annual result came in at $8.5 billion, up 15.52% from the prior year.
  • Operating Expenses grew to $2.7 billion in Q2 2026 per NOW's latest filing, from $2.3 billion in the prior quarter.
  • Over the last five years, Operating Expenses for NOW reached as high as $2.7 billion in Q2 2026 and fell as low as $1.3 billion in Q1 2022.
  • A 5-year average of $1.8 billion and a median of $1.8 billion in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 31.33% — and 2025, when it gained 13.42%.
  • Year by year, Operating Expenses stood at $1.4 billion in 2022, then gained by 20.51% to $1.7 billion in 2023, then climbed by 18.23% to $2.0 billion in 2024, then rose by 17.37% to $2.3 billion in 2025, then grew by 15.93% to $2.7 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $2.7 billion, $2.3 billion, and $2.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 789.87 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.66 Bn
Mar 31, 2026 2.33 Bn
Dec 31, 2025 2.29 Bn
Sep 30, 2025 2.06 Bn
Jun 30, 2025 2.13 Bn
Mar 31, 2025 1.99 Bn
Dec 31, 2024 1.95 Bn
Sep 30, 2024 1.80 Bn
Jun 30, 2024 1.84 Bn
Mar 31, 2024 1.75 Bn
Dec 31, 2023 1.65 Bn
Sep 30, 2023 1.56 Bn
Jun 30, 2023 1.56 Bn
Mar 31, 2023 1.51 Bn
Dec 31, 2022 1.37 Bn
Sep 30, 2022 1.34 Bn
Jun 30, 2022 1.34 Bn
Mar 31, 2022 1.27 Bn
Dec 31, 2021 1.21 Bn
Sep 30, 2021 1.09 Bn