ServiceNow (NOW) Operating Leases (2019 - 2026)
ServiceNow's (NOW) quarterly Operating Leases came in at $936.0 million in Q2 2026, up 1.85% YoY from $919.0 million in Q2 2025, and little changed on a QoQ basis from $940.0 million in Q1 2026.
ServiceNow (NOW) Operating Leases (2019 - 2026) Analysis & Trends
ServiceNow (NOW) has 8 years of Operating Leases data on file, last reported at $936.0 million in Q2 2026.
- Quarterly Operating Leases rose 1.85% year-over-year to $936.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $936.0 million (up 1.85% YoY) and the FY2025 annual result came in at $800.0 million, up 16.45% from the prior year.
- Operating Leases held at $936.0 million in Q2 2026, from $940.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $940.0 million in Q1 2026 to a low of $634.0 million in Q1 2022.
- A 5-year average of $775.0 million and a median of $761.5 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases rose 29.98% — and 2024, when it retreated 2.83%.
- Tracing NOW's Operating Leases over 5 years: stood at $650.0 million in 2022, then advanced by 8.77% to $707.0 million in 2023, then fell by 2.83% to $687.0 million in 2024, then grew by 16.45% to $800.0 million in 2025, then advanced by 17.0% to $936.0 million in 2026.
- The last three Operating Leases figures came in at $936.0 million (Q2 2026), $940.0 million (Q1 2026), and $800.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 936.00 Mn |
| Mar 31, 2026 | 940.00 Mn |
| Dec 31, 2025 | 800.00 Mn |
| Sep 30, 2025 | 911.00 Mn |
| Jun 30, 2025 | 919.00 Mn |
| Mar 31, 2025 | 909.00 Mn |
| Dec 31, 2024 | 687.00 Mn |
| Sep 30, 2024 | 756.00 Mn |
| Jun 30, 2024 | 767.00 Mn |
| Mar 31, 2024 | 785.00 Mn |
| Dec 31, 2023 | 707.00 Mn |
| Sep 30, 2023 | 773.00 Mn |
| Jun 30, 2023 | 725.00 Mn |
| Mar 31, 2023 | 752.00 Mn |
| Dec 31, 2022 | 650.00 Mn |
| Sep 30, 2022 | 640.00 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 |