ServiceNow (NOW) Operating Leases (2019 - 2026)
ServiceNow posted quarterly Operating Leases of $940.0 million for Q1 2026, up 16.63% year-on-year from $806.0 million in Q1 2025, and up 17.5% on a QoQ basis from $800.0 million in Q4 2025.
ServiceNow (NOW) has 8 years of Operating Leases data on file, last reported at $940.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 16.63% year-over-year to $940.0 million; the trailing twelve-month figure through Mar 2026 stood at $940.0 million (up 16.63% YoY), and the FY2025 full-year result was $800.0 million, up 16.45% from the prior year.
- Operating Leases for Q1 2026 stood at $940.0 million, up from $800.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $940.0 million in Q1 2026 and bottomed at $551.0 million in Q3 2022.
- The 5-year median for Operating Leases is $707.0 million (2023), against an average of $731.6 million.
- Peak annual rise in Operating Leases reached 54.33% in 2022, while the deepest fall reached 15.23% in 2022.
- A 5-year view of Operating Leases shows it stood at $650.0 million in 2022, then climbed by 8.77% to $707.0 million in 2023, then retreated by 2.83% to $687.0 million in 2024, then increased by 16.45% to $800.0 million in 2025, then increased by 17.5% to $940.0 million in 2026.
- The last three Operating Leases figures came in at $940.0 million (Q1 2026), $800.0 million (Q4 2025), and $911.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 940.00 Mn |
| Dec 31, 2025 | 800.00 Mn |
| Sep 30, 2025 | 911.00 Mn |
| Jun 30, 2025 | 815.00 Mn |
| Mar 31, 2025 | 806.00 Mn |
| Dec 31, 2024 | 687.00 Mn |
| Sep 30, 2024 | 756.00 Mn |
| Jun 30, 2024 | 669.00 Mn |
| Mar 31, 2024 | 693.00 Mn |
| Dec 31, 2023 | 707.00 Mn |
| Sep 30, 2023 | 682.00 Mn |
| Jun 30, 2023 | 725.00 Mn |
| Mar 31, 2023 | 752.00 Mn |
| Dec 31, 2022 | 650.00 Mn |
| Sep 30, 2022 | 551.00 Mn |
| Jun 30, 2022 | 659.00 Mn |
| Mar 31, 2022 | 634.00 Mn |
| Dec 31, 2021 | 556.00 Mn |
| Sep 30, 2021 | 650.00 Mn |
| Jun 30, 2021 | 427.00 Mn |
| Mar 31, 2021 | 420.00 Mn |
| Dec 31, 2020 | 423.00 Mn |
| Sep 30, 2020 | 497.60 Mn |
| Jun 30, 2020 | 436.50 Mn |
| Mar 31, 2020 | 440.94 Mn |
| Dec 31, 2019 | 383.22 Mn |
| Sep 30, 2019 | 437.81 Mn |
| Jun 30, 2019 | 382.81 Mn |
| Mar 31, 2019 | 422.90 Mn |