ServiceNow (NOW) Operating Leases (2019 - 2026)
ServiceNow's (NOW) quarterly Operating Leases came in at $936.0 million in Q2 2026, up 1.85% on a YoY basis from $919.0 million in Q2 2025, and little changed quarter-over-quarter from $940.0 million in Q1 2026.
Analysis
ServiceNow (NOW) Operating Leases (2019 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Operating Leases for 8 consecutive years, with $936.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 1.85% year-over-year to $936.0 million; the trailing twelve-month figure through Jun 2026 stood at $936.0 million (up 1.85% YoY), and the FY2025 full-year result was $800.0 million, up 16.45% from the prior year.
- Operating Leases held at $936.0 million in Q2 2026 per NOW's latest filing, from $940.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $940.0 million in Q1 2026 and bottomed at $634.0 million in Q1 2022.
- Historically, Operating Leases has averaged $775.0 million across 5 years, with a median of $761.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases gained 29.98% in 2022, then decreased 2.83% in 2024.
- Over 5 years, Operating Leases stood at $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 rose by 16.45% to $800.0 million in 2025, then grew by 17.0% to $936.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $936.0 million, $940.0 million, and $800.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn |
Historic Data
Download Data
Historic 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 |