Growth Metrics

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 🔒
DateValue
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