ServiceNow (NOW) Operating Expenses (2011 - 2026)
ServiceNow (NOW) reported Operating Expenses of $2.3 billion for Q1 2026, up 17.17% on a YoY basis from $2.0 billion in Q1 2025, and up 1.57% quarter-over-quarter from $2.3 billion in Q4 2025.
ServiceNow (NOW) Operating Expenses (2011 - 2026) Analysis & Trends
ServiceNow has reported Operating Expenses for 16 years, with the latest figure at $2.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 17.17% year-over-year to $2.3 billion; the trailing twelve-month figure through Mar 2026 stood at $8.8 billion (up 16.44% YoY), and the FY2025 full-year result was $8.5 billion, up 15.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.3 billion, up from $2.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.3 billion in Q1 2026, with the low at $1.3 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.7 billion across 5 years, with a median of $1.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 31.33% — and 2025, when it rose 13.42%.
- ServiceNow's Operating Expenses stood at $1.4 billion in 2022, then grew by 20.51% to $1.7 billion in 2023, then rose by 18.23% to $2.0 billion in 2024, then climbed by 17.37% to $2.3 billion in 2025, then rose by 1.57% to $2.3 billion in 2026.
- The last three Operating Expenses figures came in at $2.3 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 1.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.03 Bn |