ServiceNow NOW
NYSE NOW
$135.63 -2.15 (-1.56%)
As of: Sep 25, 2026 · 3:59 PM EDT

ServiceNow (NOW) Operating Expenses (2011 - 2026)

ServiceNow's (NOW) quarterly Operating Expenses came in at $2.7 billion in Q2 2026, up 24.52% on a YoY basis from $2.1 billion in Q2 2025, and up 14.14% quarter-over-quarter from $2.3 billion in Q1 2026.

Analysis

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.

  • For the quarter ending Q2 2026, Operating Expenses rose 24.52% year-over-year to $2.7 billion; the trailing twelve-month figure through Jun 2026 stood at $9.3 billion (up 18.68% YoY), and the FY2025 full-year result was $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.
  • Across five years, Operating Expenses topped out at $2.7 billion in Q2 2026 and bottomed at $1.3 billion in Q1 2022.
  • Historically, Operating Expenses has averaged $1.8 billion across 5 years, with a median of $1.8 billion in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 31.33% in 2022, then gained 13.42% in 2025.
  • Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then rose by 20.51% to $1.7 billion in 2023, then advanced by 18.23% to $2.0 billion in 2024, then increased by 17.37% to $2.3 billion in 2025, then climbed 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Palantir Technologies 460.85 Bn 451.55 Bn 1.64 Bn 726.59 Mn
2 Oracle 437.09 Bn 400.44 Bn - 12.62 Bn
3 Sap Se 258.74 Bn 237.66 Bn 8.40 Bn -8.41 Bn
4 Salesforce 195.52 Bn 184.12 Bn 8.70 Bn 6.37 Bn
5 ServiceNow 145.61 Bn 140.94 Bn 2.82 Bn 2.66 Bn
6 Automatic Data Processing 104.89 Bn 100.66 Bn 2.51 Bn 4.34 Bn
7 Intuit 76.97 Bn 69.77 Bn 3.46 Bn 3.88 Bn
8 Relx 60.41 Bn 60.04 Bn - -
9 Strategy 57.09 Bn 54.64 Bn 81.55 Mn 8.41 Bn
10 Workday 46.40 Bn 42.99 Bn 2.21 Bn 2.34 Bn
Historic Data

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
API Access

ServiceNow Operating Expenses 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=operating-expenses&ticker=NOW&period=max&api_key=YOUR_API_KEY