ServiceNow (NOW) Research & Development (2010 - 2025)
ServiceNow posted annual Research & Development of $3.0 billion for FY2025, up 16.4% year-over-year from $2.5 billion in FY2024.
ServiceNow (NOW) has 16 years of Research & Development data on file, last reported at $3.0 billion in FY2025.
- For the quarter ending Q1 2026, Research & Development rose 17.07% year-over-year to $823.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (up 16.67% YoY), and the FY2025 full-year result was $3.0 billion, up 16.4% from the prior year.
- Research & Development for FY2025 stood at $3.0 billion, up from $2.5 billion in the prior year.
- Across five years, Research & Development topped out at $3.0 billion in FY2025 and bottomed at $1.4 billion in FY2021.
- The 5-year median for Research & Development is $2.1 billion (2023), against an average of $2.2 billion.
- The widest annual swing landed in 2021, when Research & Development soared 36.43%; it then grew 16.4% in 2025.
- A 5-year view of Research & Development shows it stood at $1.4 billion in 2021, then grew by 26.56% to $1.8 billion in 2022, then gained by 20.14% to $2.1 billion in 2023, then advanced by 19.73% to $2.5 billion in 2024, then rose by 16.4% to $3.0 billion in 2025.
- The last three Research & Development figures came in at $3.0 billion (FY2025), $2.5 billion (FY2024), and $2.1 billion (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Yr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 261.57 Bn | 243.60 Bn | 8.16 Bn | - |
| 2 | Salesforce | 181.55 Bn | 171.98 Bn | 8.69 Bn | 5.99 Bn |
| 3 | Shopify | 154.72 Bn | 148.98 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 144.47 Bn | 143.43 Bn | 11.88 Bn | - |
| 5 | ServiceNow | 128.74 Bn | 123.56 Bn | 2.83 Bn | - |
| 6 | Adobe | 106.28 Bn | 99.39 Bn | 5.73 Bn | - |
| 7 | Cadence Design Systems | 102.00 Bn | 100.60 Bn | 1.26 Bn | - |
| 8 | Intuit | 91.50 Bn | 84.72 Bn | 6.77 Bn | - |
| 9 | Automatic Data Processing | 89.51 Bn | 86.28 Bn | 2.87 Bn | - |
| 10 | Datadog | 87.38 Bn | 82.62 Bn | 797.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.96 Bn |
| Dec 31, 2024 | 2.54 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Dec 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Dec 31, 2020 | 1.02 Bn |
| Dec 31, 2019 | 749.00 Mn |
| Dec 31, 2018 | 529.50 Mn |
| Dec 31, 2017 | 377.52 Mn |
| Dec 31, 2016 | 285.24 Mn |
| Dec 31, 2015 | 146.01 Mn |
| Dec 31, 2014 | 148.26 Mn |
| Dec 31, 2013 | 67.33 Mn |
| Dec 31, 2012 | 40.75 Mn |
| Jun 30, 2012 | 9.27 Mn |
| Dec 31, 2011 | 7.03 Mn |
| Jun 30, 2011 | 7.00 Mn |
| Jun 30, 2010 | 7.19 Mn |