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
Download Data
Historic 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 |