ServiceNow (NOW) Research & Development (2011 - 2026)
ServiceNow's (NOW) quarterly Research & Development came in at $1.4 billion in Q2 2026, up 21.63% on a YoY basis from $1.1 billion in Q2 2025, and up 12.83% quarter-over-quarter from $1.2 billion in Q1 2026.
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Analysis
ServiceNow (NOW) Research & Development (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Research & Development for 16 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 21.63% year-over-year to $1.4 billion; the trailing twelve-month figure through Jun 2026 stood at $4.8 billion (up 15.43% YoY), and the FY2025 full-year result was $4.4 billion, up 13.86% from the prior year.
- Research & Development improved to $1.4 billion in Q2 2026 per NOW's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Research & Development topped out at $1.4 billion in Q2 2026 and bottomed at $673.0 million in Q1 2022.
- Historically, Research & Development has averaged $941.4 million across 5 years, with a median of $933.5 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Research & Development rose 29.62% in 2022, then gained 11.86% in 2025.
- Over 5 years, Research & Development stood at $722.0 million in 2022, then grew by 17.31% to $847.0 million in 2023, then gained by 21.25% to $1.0 billion in 2024, then grew by 11.98% to $1.2 billion in 2025, then climbed by 19.3% to $1.4 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.4 billion, $1.2 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 339.50 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 2.40 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 3.86 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 1.26 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 34.12 Mn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 747.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 915.00 Mn |
| Mar 31, 2026 | 823.00 Mn |
| Dec 31, 2025 | 773.00 Mn |
| Sep 30, 2025 | 750.00 Mn |
| Jun 30, 2025 | 734.00 Mn |
| Mar 31, 2025 | 703.00 Mn |
| Dec 31, 2024 | 668.00 Mn |
| Sep 30, 2024 | 626.00 Mn |
| Jun 30, 2024 | 643.00 Mn |
| Mar 31, 2024 | 606.00 Mn |
| Dec 31, 2023 | 562.00 Mn |
| Sep 30, 2023 | 549.00 Mn |
| Jun 30, 2023 | 521.00 Mn |
| Mar 31, 2023 | 492.00 Mn |
| Dec 31, 2022 | 454.00 Mn |
| Sep 30, 2022 | 456.00 Mn |
| Jun 30, 2022 | 444.00 Mn |
| Mar 31, 2022 | 414.00 Mn |
| Dec 31, 2021 | 392.00 Mn |
| Sep 30, 2021 | 358.00 Mn |
API Access
ServiceNow Research & Development 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=research-and-development&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();