ServiceNow (NOW) Tax Rate (2011 - 2026)
ServiceNow (NOW) reported Tax Rate of 30.31% for Q1 2026, up 1319.0% on a YoY basis from 2.14% in Q1 2025, and up 17.13% quarter-over-quarter from 25.88% in Q4 2025.
ServiceNow (NOW) Tax Rate (2011 - 2026) Analysis & Trends
ServiceNow has reported Tax Rate for 16 years, with the latest figure at 30.31% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1319.0% year-over-year to 30.31%; the trailing twelve-month figure through Mar 2026 stood at 26.15% (up 848.0% YoY), and the FY2025 full-year result was 22.69%, up 468.0% from the prior year.
- Tax Rate for Q1 2026 stood at 30.31%, up from 25.88% in the prior quarter.
- The five-year high for Tax Rate was 31.03% in Q2 2022, with the low at 500.0% in Q2 2023.
- Historically, Tax Rate has averaged 10.05% across 5 years, with a median of 18.35% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 53103 bps — and 2024, when it soared 52156 bps.
- ServiceNow's Tax Rate stood at 18.03% in 2022, then slipped by 17 bps to 14.99% in 2023, then increased by 14 bps to 17.06% in 2024, then soared by 52 bps to 25.88% in 2025, then increased by 17 bps to 30.31% in 2026.
- The last three Tax Rate figures came in at 30.31% (Q1 2026), 25.88% (Q4 2025), and 27.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 0.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.31% |
| Mar 31, 2026 | 30.31% |
| Dec 31, 2025 | 25.88% |
| Dec 31, 2025 | 25.88% |
| Sep 30, 2025 | 27.67% |
| Sep 30, 2025 | 27.67% |
| Jun 30, 2025 | 18.26% |
| Jun 30, 2025 | 18.26% |
| Mar 31, 2025 | 17.12% |
| Mar 31, 2025 | 17.12% |
| Dec 31, 2024 | 17.06% |
| Dec 31, 2024 | 17.06% |
| Sep 30, 2024 | 16.28% |
| Sep 30, 2024 | 16.28% |
| Jun 30, 2024 | 21.56% |
| Jun 30, 2024 | 21.56% |
| Mar 31, 2024 | 18.35% |
| Mar 31, 2024 | 18.35% |
| Dec 31, 2023 | 14.99% |
| Dec 31, 2023 | 14.99% |