ServiceNow (NOW) Other Working Capital Changes (2012 - 2026)
ServiceNow's Other Working Capital Changes was -$104 million in Q2 2026, compared with -$116 million a year earlier.
ServiceNow (NOW) Other Working Capital Changes (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, ServiceNow's Other Working Capital Changes was $1.06 billion through Jun 30, 2026, up 60.0% year-over-year; for FY2025, it was $1.18 billion, unchanged from FY2024.
- Other Working Capital Changes shows a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- In earlier years, Other Working Capital Changes was $1.18 billion in FY2024 (+8.7%), $1.09 billion in FY2023 (+20.0%), $904 million in FY2022 (-5.8%) and $960 million in FY2021 (+35.0%).
- Quarterly Other Working Capital Changes has moved between -$607 million (Q3 2024) and $1.89 billion (Q4 2025) over five years.
- The best year-over-year quarter for Other Working Capital Changes over five years was Q2 2023 (growth of 176.9%); the worst was Q1 2022 (a decline of 38.7%).
- Per Business Quant data, NOW's Other Working Capital Changes in the three quarters before Q2 2026 was -$278 million (Q1 2026), $1.89 billion (Q4 2025) and -$449 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -104.00 Mn |
| Mar 31, 2026 | -278.00 Mn |
| Dec 31, 2025 | 1.89 Bn |
| Sep 30, 2025 | -449.00 Mn |
| Jun 30, 2025 | -116.00 Mn |
| Mar 31, 2025 | -148.00 Mn |
| Dec 31, 2024 | 1.53 Bn |
| Sep 30, 2024 | -607.00 Mn |
| Jun 30, 2024 | 146.00 Mn |
| Mar 31, 2024 | 106.00 Mn |
| Dec 31, 2023 | 1.30 Bn |
| Sep 30, 2023 | -353.00 Mn |
| Jun 30, 2023 | 72.00 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | -228.00 Mn |
| Jun 30, 2022 | 26.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Dec 31, 2021 | 882.00 Mn |
| Sep 30, 2021 | -7.00 Mn |
ServiceNow Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();