ServiceNow's revenue has grown from $2.6B in Q2 2024 to $4.0B in Q2 2026, with year-over-year growth holding in the 18.6% to 24.0% range, which suggests durable demand.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue reached $4.1B in Q3 2026 with 20.5% year-over-year growth, but gross margin declined to 70.5% from 79.0% in 2024, suggesting rising cost of revenue is compressing profitability.
ServiceNow's AI platform streamlines enterprise workflows, simplifying complex tasks and reducing manual work through automation.
AI is expected to be a transformative growth driver, particularly in agentic workflow automation, enhancing ServiceNow's value proposition.
ServiceNow is positioned to establish a de facto standard for enterprise AI orchestration, solidifying its market leadership.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $1.00-2.0% vs $1.02 | $4.1B+0.3% vs $4.1B |
Q3 2026 Jul 22, 2026 | $0.90+4.4% vs $0.86 | $4.0B+1.5% vs $3.9B |
Q2 2026 Apr 22, 2026 | $0.97+0.0% vs $0.97 | $3.8B+0.8% vs $3.7B |
Q1 2026 Jan 28, 2026 | $0.92+4.0% vs $0.89 | $3.6B+1.1% vs $3.5B |
Arista Networks maintains a dominant position in high-speed networking for major cloud and artificial intelligence infrastructure providers. ServiceNow offers a premier cloud-based platform designed to automate complex enterprise workflows using artificial intelligence.
Both software giants promised agentic AI would fuel their next chapter, and investors answered with a sell-off. One company guards the data agents need, the other polices the agents themselves.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $NOW #AI--ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, today announced that Keysight Technologies, Inc., a mission-critical design enablement provider for the world's most complex engineering challenges, is using ServiceNow CRM with CPQ (Configure Price Quote) to substantially reduce its quote processing time and significantly decrease the effort required to set up and maintain product configurations. Manual quoting and produ.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $NOW #servicenow--ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, and LTM, the Business Creativity partner to the world's largest enterprises, today announced a planned expansion of their partnership to scale agentic AI and accelerate joint go-to-market initiatives for customers. The companies will bring together the ServiceNow AI Platform and LTM's domain, engineering, and transformation expertise to help enterprises move agentic AI pro.
Benchmark NOW against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for ServiceNow, Inc. (NOW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $101.97 | $105.42B | 61.06 | 20.88% | 13.16% | 15.49% | — | |
| $213.65 | $174.98B | 27.39 | 9.58% | 21.99% | 20.15% | 0.78% | |
| $192.90 | $50.53B | 74.77 | 13.1% | 12.32% | 16.78% | — | |
| $341.50 | $93.41B | 24.98 | 15.63% | 21.29% | 23.42% | 1.23% | |
| $261.72 | $55.26B | 50.04 | 17.53% | 21.08% | 52.5% | — | |
| $116.05 | $333.77B | 19.91 | 17.35% | 26.36% | 42.1% | 1.71% |
ServiceNow, Inc. (NOW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
ServiceNow, Inc. (NOW) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Jul 22, 2026·SEC
May 22, 2026·SEC
Jan 29, 2026·SEC
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ServiceNow, Inc. (NOW) stock FAQ — growth, dividends, profitability & financials explained
ServiceNow, Inc. (NOW) reported $15.43B in revenue over the trailing twelve months. Revenue was $13.28B in fiscal year 2025. That is 30545% more than the $43.3M of fiscal year 2010.
ServiceNow, Inc. (NOW) grew revenue by 20.9% in fiscal year 2025, compared with the prior fiscal year.
Yes. ServiceNow, Inc. (NOW) earned $1.45B in net income over the trailing twelve months (a 9.4% net margin).
ServiceNow, Inc. (NOW) had a return on equity (ROE) of 15.5% in fiscal year 2025. That is above the market's typical 10-15%.
ServiceNow, Inc. (NOW) generated $4.75B in free cash flow over the trailing twelve months.
