ServiceNow (NOW) Research & Development (2011 - 2026)
ServiceNow's (NOW) quarterly Research & Development came in at $1.4 billion in Q2 2026, up 21.63% YoY 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 16 years of Research & Development data on file, last reported at $1.4 billion 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 grew to $1.4 billion in Q2 2026, from $1.2 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.4 billion in Q2 2026 to a low of $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 increased 29.62% — and 2025, when it rose 11.86%.
- Tracing NOW's Research & Development over 5 years: stood at $722.0 million in 2022, then advanced by 17.31% to $847.0 million in 2023, then increased by 21.25% to $1.0 billion in 2024, then advanced by 11.98% to $1.2 billion in 2025, then gained by 19.3% to $1.4 billion in 2026.
- The last three Research & Development figures came in at $1.4 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 477.97 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 |