ServiceNow (NOW) Research & Development (2011 - 2026)
ServiceNow (NOW) posted quarterly Research & Development of $1.4 billion for Q2 2026, up 21.63% year-on-year from $1.1 billion in Q2 2025, and up 12.83% on a QoQ basis from $1.2 billion in Q1 2026.
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.
- Quarterly Research & Development rose 21.63% year-over-year to $1.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.8 billion (up 15.43% YoY) and the FY2025 annual result came in at $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.
- Over the last five years, Research & Development for NOW reached as high as $1.4 billion in Q2 2026 and fell as low as $673.0 million in Q1 2022.
- A 5-year average of $941.4 million and a median of $933.5 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development rose 29.62% — and 2025, when it gained 11.86%.
- Year by year, Research & Development stood at $722.0 million in 2022, then increased by 17.31% to $847.0 million in 2023, then advanced by 21.25% to $1.0 billion in 2024, then increased by 11.98% to $1.2 billion in 2025, then grew 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 435.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.22 Bn |
| Dec 31, 2025 | 1.15 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 944.00 Mn |
| Jun 30, 2024 | 960.00 Mn |
| Mar 31, 2024 | 923.00 Mn |
| Dec 31, 2023 | 847.00 Mn |
| Sep 30, 2023 | 799.00 Mn |
| Jun 30, 2023 | 832.00 Mn |
| Mar 31, 2023 | 823.00 Mn |
| Dec 31, 2022 | 722.00 Mn |
| Sep 30, 2022 | 697.00 Mn |
| Jun 30, 2022 | 722.00 Mn |
| Mar 31, 2022 | 673.00 Mn |
| Dec 31, 2021 | 632.00 Mn |
| Sep 30, 2021 | 579.00 Mn |