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
DateValue
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