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ServiceNow (NOW) Operating Leases (2019 - 2025)

ServiceNow's Operating Leases history spans 7 years, with the latest figure at $912.0 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 32.75% year-over-year to $912.0 million; the TTM value through Dec 2025 reached $912.0 million, up 32.75%, while the annual FY2025 figure was $912.0 million, 32.75% up from the prior year.
  • Operating Leases reached $912.0 million in Q4 2025 per NOW's latest filing, roughly flat from $911.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $919.0 million in Q2 2025 to a low of $420.0 million in Q1 2021.
  • Average Operating Leases over 5 years is $693.0 million, with a median of $678.0 million recorded in 2024.
  • Peak YoY movement for Operating Leases: decreased 16.31% in 2021, then soared 40.15% in 2025.
  • A 5-year view of Operating Leases shows it stood at $556.0 million in 2021, then rose by 16.91% to $650.0 million in 2022, then grew by 8.77% to $707.0 million in 2023, then decreased by 2.83% to $687.0 million in 2024, then soared by 32.75% to $912.0 million in 2025.
  • Per Business Quant, the three most recent readings for NOW's Operating Leases are $912.0 million (Q4 2025), $911.0 million (Q3 2025), and $919.0 million (Q2 2025).