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| Date | Value |
|---|---|
| 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 |