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
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