ServiceNow (NOW) Research & Development (2011 - 2026)
ServiceNow (NOW) reported Research & Development of $823.0 million for Q1 2026, up 17.07% on a YoY basis from $703.0 million in Q1 2025, and up 6.47% quarter-over-quarter from $773.0 million in Q4 2025.
ServiceNow (NOW) Research & Development (2011 - 2026) Analysis & Trends
ServiceNow has reported Research & Development for 16 years, with the latest figure at $823.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 17.07% year-over-year to $823.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (up 16.67% YoY), and the FY2025 full-year result was $3.0 billion, up 16.4% from the prior year.
- Research & Development for Q1 2026 stood at $823.0 million, up from $773.0 million in the prior quarter.
- The five-year high for Research & Development was $823.0 million in Q1 2026, with the low at $414.0 million in Q1 2022.
- Historically, Research & Development has averaged $601.1 million across 5 years, with a median of $606.0 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development jumped 33.33% — and 2024, when it gained 14.03%.
- ServiceNow's Research & Development stood at $454.0 million in 2022, then increased by 23.79% to $562.0 million in 2023, then gained by 18.86% to $668.0 million in 2024, then gained by 15.72% to $773.0 million in 2025, then climbed by 6.47% to $823.0 million in 2026.
- The last three Research & Development figures came in at $823.0 million (Q1 2026), $773.0 million (Q4 2025), and $750.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 534.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 333.00 Mn |