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Screener / SEC EDGAR /CIK 0001373715 /10-K filed Jan 29, 2026, compared with Jan 30, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
KLACWDCADINXPINOWSTX
NYSE Technology · Software

ServiceNow NOW

NOW quote by TradingView

ServiceNow delivers solutions that help public and private organizations govern, secure and manage artificial intelligence and digitalize and streamline workflows to drive collaboration, productivity and better experiences across the enterprise. 10-K, Item 1

Headquarters
Santa Clara, CA
CEO
William R. McDermott
Next results
around Jan 27, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $13.3B through the costs to a net profit of $1.7B · income statement of the 10-K

14% operating margin
Revenue to Gross profit: $10.3BRevenue to Cost of revenue: $3.0BGross profit to Operating profit: $1.8BGross profit to Operating expenses: $8.5BOperating profit to Net profit: $1.3BOperating profit to Tax: $513.0MOther income to Net profit: $437.0MOperating expenses to R&D: $3.0BOperating expenses to Sales, admin & other: $5.5B Revenue: $13.3B REVENUE $13.3B +21% Y/Y Gross profit: $10.3B · 78% margin GROSS PROFIT $10.3B 78% margin · +18% Y/Y Cost of revenue: $3.0B · 22% of revenue COST OF REVENUE $3.0B 22% of revenue Operating profit: $1.8B · 14% margin OPERATING PROFIT $1.8B 14% margin · +34% Y/Y Other income: $437.0M · 3% of revenue OTHER INCOME $437.0M 3% of revenue Operating expenses: $8.5B · 64% of revenue OPERATING EXPENSES $8.5B 64% of revenue Net profit: $1.7B · 13% margin NET PROFIT $1.7B 13% margin · +23% Y/Y Tax: $513.0M · 4% of revenue TAX $513.0M 4% of revenue R&D: $3.0B · 22% of revenue R&D $3.0B 22% of revenue Sales, admin & other: $5.5B · 42% of revenue SALES, ADMIN & OTHER $5.5B 42% of revenue
Gross profit $10.3B 78% margin · +18% Y/Y
Operating profit $1.8B 14% margin · +34% Y/Y
Net profit $1.7B 13% margin · +23% Y/Y
The full income statement, year by year

NOW among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 20.9%, above 70% of 74 peers (their median 14.0%) REVENUE GROWTH 20.9% · above 70% Gross margin: 73.1%, above 78% of 67 peers (their median 56.4%) GROSS MARGIN 73.1% · above 78% Operating margin: 9.7%, above 23% of 70 peers (their median 23.8%) OPERATING MARGIN 9.7% · above 23% Net margin: 9.4%, above 22% of 74 peers (their median 19.2%) NET MARGIN 9.4% · above 22% FCF margin: 30.8%, above 73% of 70 peers (their median 22.3%) FCF MARGIN 30.8% · above 73% Return on capital: 6.8%, above 25% of 61 peers (their median 12.7%) RETURN ON CAPITAL 6.8% · above 25%
NOW Peer median Below the median

What changed

4 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Jan 29, 2026 against Jan 30, 2025.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Acquisition of Moveworks, Inc. - Valuation of Developed Technology (“As described in Notes 2 and 5 to the consolidated financial statements, on December 15, 2025, the Company acquired all outstanding shares of Moveworks, Inc. (Moveworks) for total purchase consideration of $2.4 billion. Of the acquired intangible assets recorded, $505 million related to Moveworks’ de”). Same as last year: Revenue Recognition - Subscription Revenue
10-K · XBRL
Accounting checks
9 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 9 checks found nothing to note

  • Critical audit matters changed
    New this year: Acquisition of Moveworks, Inc. - Valuation of Developed Technology (“As described in Notes 2 and 5 to the consolidated financial statements, on December 15, 2025, the Company acquired all outstanding shares of Moveworks, Inc. (Moveworks) for total purchase consideration of $2.4 billion. Of the acquired intangible assets recorded, $505 million related to Moveworks’ de”). Same as last year: Revenue Recognition - Subscription Revenue
  • Receivables +17.3% vs revenue +20.9% (-3.6 pts)
8 more checks with nothing to note
  • Cash from operations $5.4B vs net income $1.7B (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Jan 30, 2025. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    Further, to remain competitive, we may make significant investments in changing how we offer our products or services. These changes could include, among others, bundling certain products and services, modifying service delivery methods, or altering pricing models, such as incorporating more consumption-based pricing components into our…
  2. Item 1A · new paragraph · not in the 10-K filed Jan 30, 2025 10-K, ITEM 1A
    Our public sector customers may have contractual, statutory or regulatory rights to terminate current contracts with us or our third-party distributors or resellers for convenience or due to a default, though such risk may be

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$7.2B$9.0B$11.0B$13.3B
Net income$325.0M$1.7B$1.4B$1.7B
Operating cash flow$2.7B$3.4B$4.3B$5.4B
Free cash flow$2.2B$2.7B$3.4B$4.6B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$13.3B ▲ 20.9% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

ServiceNow, Santa Clara, CA · from the 10-K filed Jan 29, 2026

ServiceNow delivers solutions that help public and private organizations govern, secure and manage artificial intelligence and digitalize and streamline workflows to drive collaboration, productivity and better experiences across the enterprise. We offer an innovative suite of products, including AI-powered applications, and services designed to automate workflows, integrate systems and empower employees, regardless of existing systems, cloud environments or collaboration tools.

Headquarters
Santa Clara, CA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 28, 2026
Incorporated in
DE

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Sources

The 10-K filed Jan 29, 2026 (open at SEC), compared with the 10-K filed Jan 30, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/NOW/export.csv") into a cell.