ServiceNow (NOW) Tax Rate (2011 - 2026)
ServiceNow (NOW) posted quarterly Tax Rate of 31.96% for Q2 2026, up 1370.0% year-on-year from 2.17% in Q2 2025, and up 5.45% on a QoQ basis from 30.31% in Q1 2026.
ServiceNow (NOW) Tax Rate (2011 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Tax Rate for 16 consecutive years, with 31.96% the latest figure, recorded in Q2 2026.
- Quarterly Tax Rate rose 1370.0% year-over-year to 31.96% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 28.82% (up 1166.0% YoY) and the FY2025 annual result came in at 22.69%, up 468.0% from the prior year.
- Tax Rate advanced to 31.96% in Q2 2026 per NOW's latest filing, from 30.31% in the prior quarter.
- Over the last five years, Tax Rate for NOW reached as high as 31.96% in Q2 2026 and fell as low as 500.0% in Q2 2023.
- A 5-year average of 7.72% and a median of 18.71% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 53103 bps — and 2024, when it jumped 52156 bps.
- Year by year, Tax Rate stood at 18.03% in 2022, then fell by 17 bps to 14.99% in 2023, then advanced by 14 bps to 17.06% in 2024, then soared by 52 bps to 25.88% in 2025, then increased by 24 bps to 31.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 31.96%, 30.31%, and 25.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 10.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.96% |
| Jun 30, 2026 | 31.96% |
| Jun 30, 2026 | 31.96% |
| Mar 31, 2026 | 30.31% |
| Mar 31, 2026 | 30.31% |
| Mar 31, 2026 | 30.31% |
| Dec 31, 2025 | 25.88% |
| Dec 31, 2025 | 25.88% |
| Dec 31, 2025 | 25.88% |
| Sep 30, 2025 | 27.67% |
| Sep 30, 2025 | 27.67% |
| Sep 30, 2025 | 27.67% |
| Jun 30, 2025 | 18.26% |
| Jun 30, 2025 | 18.26% |
| Jun 30, 2025 | 18.26% |
| Mar 31, 2025 | 17.12% |
| Mar 31, 2025 | 17.12% |
| Mar 31, 2025 | 17.12% |
| Dec 31, 2024 | 17.06% |
| Dec 31, 2024 | 17.06% |