ServiceNow NOW
NYSE NOW
$141.27 -4.25 (-2.92%)
At close: Sep 4, 2026 · 4:00 PM EDT

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.

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 ServiceNow 146.07 Bn 141.41 Bn 2.82 Bn 1.37 Bn
2 Broadridge Financial Solutions 19.72 Bn 19.32 Bn 853.00 Mn -
3 SS&C Technologies Holdings 19.62 Bn 19.26 Bn 818.30 Mn 160.50 Mn
4 UiPath 6.93 Bn 5.62 Bn 341.45 Mn 167.86 Mn
5 Pegasystems 6.14 Bn 6.14 Bn 312.69 Mn 165.41 Mn
6 Appian 2.75 Bn 2.59 Bn 144.74 Mn 70.11 Mn
7 Materialise 440.64 Mn 440.54 Mn 46.23 Mn -14.31 Mn
8 Jingbo Technology 366.51 Mn 366.12 Mn 89,520.00 65,656.00
9 Gloo Holdings 215.34 Mn 200.70 Mn 13.43 Mn 9.63 Mn
10 Egain 159.91 Mn 76.85 Mn 16.81 Mn 7.28 Mn
Historic Data

Historic Data

Download Data
DateValue
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