ServiceNow (NOW) Operating Margin (2011 - 2026)
ServiceNow posted quarterly Operating Margin of 13.34% for Q1 2026, down 126.0% year-on-year from 51.32% in Q1 2025, and up 7.46% on a QoQ basis from 12.42% in Q4 2025.
ServiceNow (NOW) has 16 years of Operating Margin data on file, last reported at 13.34% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 126.0% year-over-year to 13.34%; the trailing twelve-month figure through Mar 2026 stood at 13.44% (up 51.0% YoY), and the FY2025 full-year result was 13.74%, up 132.0% from the prior year.
- Operating Margin for Q1 2026 stood at 13.34%, up from 12.42% in the prior quarter.
- Across five years, Operating Margin topped out at 16.79% in Q3 2025 and bottomed at 1.26% in Q2 2022.
- The 5-year median for Operating Margin is 11.08% (2023), against an average of 10.03%.
- The widest annual swing landed in 2022, when Operating Margin plunged 236 bps; it then jumped 588 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 7.99% in 2022, then surged by 39 bps to 11.08% in 2023, then climbed by 14 bps to 12.65% in 2024, then fell by 2 bps to 12.42% in 2025, then advanced by 7 bps to 13.34% in 2026.
- The last three Operating Margin figures came in at 13.34% (Q1 2026), 12.42% (Q4 2025), and 16.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.34% |
| Dec 31, 2025 | 12.42% |
| Sep 30, 2025 | 16.79% |
| Jun 30, 2025 | 11.14% |
| Mar 31, 2025 | 14.60% |
| Dec 31, 2024 | 12.65% |
| Sep 30, 2024 | 14.94% |
| Jun 30, 2024 | 9.14% |
| Mar 31, 2024 | 12.75% |
| Dec 31, 2023 | 11.08% |
| Sep 30, 2023 | 10.10% |
| Jun 30, 2023 | 5.44% |
| Mar 31, 2023 | 6.87% |
| Dec 31, 2022 | 7.99% |
| Sep 30, 2022 | 4.97% |
| Jun 30, 2022 | 1.26% |
| Mar 31, 2022 | 5.05% |
| Dec 31, 2021 | 2.17% |
| Sep 30, 2021 | 4.89% |
| Jun 30, 2021 | 3.62% |
| Mar 31, 2021 | 7.13% |
| Dec 31, 2020 | 1.44% |
| Sep 30, 2020 | 5.99% |
| Jun 30, 2020 | 5.88% |
| Mar 31, 2020 | 4.68% |
| Dec 31, 2019 | 2.98% |
| Sep 30, 2019 | 6.36% |
| Jun 30, 2019 | -3.24% |
| Mar 31, 2019 | -1.99% |
| Dec 31, 2018 | 0.04% |
| Sep 30, 2018 | 1.42% |
| Jun 30, 2018 | -5.07% |
| Mar 31, 2018 | -3.44% |
| Dec 31, 2017 | -0.16% |
| Sep 30, 2017 | -0.79% |
| Jun 30, 2017 | -8.43% |
| Mar 31, 2017 | -5.62% |
| Dec 31, 2016 | 3.31% |
| Sep 30, 2016 | -7.49% |
| Jun 30, 2016 | -14.14% |
| Mar 31, 2016 | -105.97% |
| Dec 31, 2015 | 5.48% |
| Sep 30, 2015 | -10.74% |
| Jun 30, 2015 | -21.58% |
| Mar 31, 2015 | -169.17% |
| Dec 31, 2014 | -18.53% |
| Sep 30, 2014 | -121.71% |
| Jun 30, 2014 | -26.67% |
| Mar 31, 2014 | -26.01% |
| Dec 31, 2013 | -5.23% |
| Sep 30, 2013 | -13.17% |
| Jun 30, 2013 | -88.54% |
| Mar 31, 2013 | -15.03% |
| Dec 31, 2012 | -12.69% |
| Sep 30, 2012 | -20.74% |
| Mar 31, 2012 | -70.75% |
| Sep 30, 2011 | 26.36% |
| Jun 30, 2011 | 48.18% |