ServiceNow (NOW) Tax Rate (2011 - 2026)
ServiceNow (NOW) recorded Tax Rate of 31.96% in Q2 2026, up 13.70 percentage points from 18.26% a year earlier and up 1.65 percentage points from the prior quarter.
Powered by 
Analysis
ServiceNow (NOW) Tax Rate (2011 - 2026) Analysis & Trends
On a TTM basis, ServiceNow's Tax Rate came in at 28.82% as of Jun 30, 2026, up 11.66 percentage points year-over-year; for FY2025, it was 22.69%, up 4.68 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.02 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 18.01% in FY2024 (+89.74 pp), -71.73% in FY2023 (-90.27 pp), 18.55% in FY2022 (+10.92 pp) and 7.63% in FY2021 (-13.04 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q3 2020.
- On a year-over-year basis, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +5.23 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 521.56 percentage points in Q2 2024, against a drop of 531.03 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.31% (Q1 2026), 25.88% (Q4 2025) and 27.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 15.11% |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | - |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | - |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | 12.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.96% |
| Mar 31, 2026 | 30.31% |
| Dec 31, 2025 | 25.88% |
| Sep 30, 2025 | 27.67% |
| Jun 30, 2025 | 18.26% |
| Mar 31, 2025 | 17.12% |
| Dec 31, 2024 | 17.06% |
| Sep 30, 2024 | 16.28% |
| Jun 30, 2024 | 21.56% |
| Mar 31, 2024 | 18.35% |
| Dec 31, 2023 | 14.99% |
| Sep 30, 2023 | 19.06% |
| Mar 31, 2023 | 20.21% |
| Dec 31, 2022 | 18.03% |
| Sep 30, 2022 | 21.57% |
| Jun 30, 2022 | 31.03% |
| Mar 31, 2022 | 11.76% |
| Dec 31, 2021 | 18.75% |
| Sep 30, 2021 | 7.35% |
| Mar 31, 2021 | 17.17% |
API Access
ServiceNow Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();