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NOW 10-Q · Q2 2025

NOW Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 3,215 2,627 +22.4%
Show Product Lines breakouts
License And Service 3,113 2,542 +22.5%
Technology Service 102 85 +20.0%
Show Geography breakouts
Asia Pacific and other 375 301 +24.6%
EMEA 834 661 +26.2%
North America 2,006 1,665 +20.5%
Cost of Revenue 724 552 +31.2%
Show Product Lines breakouts
License And Service 625 469 +33.3%
Technology Service 99 83 +19.3%
Gross Profit 2,491 2,075 +20.0%
Research & Development 734 643 +14.2%
Sales & Marketing 1,128 960 +17.5%
General & Administrative 271 232 +16.8%
Operating Expenses 2,133 1,835 +16.2%
Operating Income 358 240 +49.2%
Other Non-Operating Income (Expense) -3 -10 +70.0%
Income Before Taxes 471 334 +41.0%
Income Tax Expense (Benefit) 86 72 +19.4%
Comprehensive Income 406 252 +61.1%
EPS (Basic) 1.86 1.27 +46.5%
EPS (Diluted) 1.84 1.26 +46.0%
Wtd Avg Shares (Basic) 207,164 205,644 +0.7%
Wtd Avg Shares (Diluted) 209,322 207,799 +0.7%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -99 10 -1090.0%
Foreign Currency Transaction Gain Loss Before Tax 87

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 3,124 2,159 +44.7%
Available For Sale Securities Debt Securities Current 3,008 3,254 -7.6%
Accounts Receivable 1,696 1,518 +11.7%
Contract With Customer Asset Net Current 551 482 +14.3%
Prepaid Expenses & Other Current Assets 896 608 +47.4%
Total Current Assets 9,275 8,021 +15.6%
Non-Current Assets
Contract With Customer Asset Net Noncurrent 1,017 928 +9.6%
Available For Sale Securities Debt Securities Noncurrent 4,655 3,472 +34.1%
Property, Plant & Equipment 1,985
Show Geography breakouts
Asia Pacific and other 243
EMEA 505
North America 1,237
Operating Lease Right-of-Use Assets 818 675 +21.2%
Goodwill 1,778
Deferred Tax Assets 1,340 1,447 -7.4%
Other Non-Current Assets 864 599 +44.2%
Total Assets 22,051 18,207 +21.1%
Intangible Assets 319 220 +45.0%
Other Assets
Intangible Assets Net Excluding Goodwill 319 220 +45.0%
Current Liabilities
Accounts Payable 211 296 -28.7%
Accrued Liabilities 1,378 1,163 +18.5%
Deferred Revenue (Current) 6,802 5,615 +21.1%
Operating Lease Liability Current 104 98 +6.1%
Total Current Liabilities 8,495 7,172 +18.4%
Non-Current Liabilities
Contract With Customer Liability Noncurrent 110 85 +29.4%
Operating Lease Liabilities 815 669 +21.8%
Other Non-Current Liabilities 209 127 +64.6%
Total Liabilities 11,119 9,541 +16.5%
Long-Term Debt (Q)
Show Debt Instrument breakouts
2030 Notes 1,490 1,488 +0.1%
Other Liabilities
Convertible Long Term Notes Payable 1,490 1,488 +0.1%
Stockholders' Equity
Treasury Stock Common Value -1,871 -704 -165.8%
Additional Paid In Capital Common Stock 8,513 6,770 +25.7%
Accumulated Other Comprehensive Income -49 -78 +37.2%
Retained Earnings 4,339 2,678 +62.0%
Total Stockholders' Equity 10,932 8,666 +26.1%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent -101 22 -559.1%
Accumulated Net Unrealized Investment Gain Loss -8 -55 +85.5%
Accumulated Other Comprehensive Income -49 -78 +37.2%
Accumulated Translation Adjustment 60 -45 +233.3%
Additional Paid In Capital 8,513 6,770 +25.7%
Retained Earnings 4,339 2,678 +62.0%
Treasury Stock Common -1,871 -704 -165.8%
Total Liabilities & Equity 22,051 18,207 +21.1%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Net Income 845 609 +38.8%
Show Equity Components breakouts
Retained Earnings 845 609 +38.8%
Depreciation & Amortization 332 266 +24.8%
Amortization Of Deferred Sales Commissions 293 263 +11.4%
Stock-Based Compensation 969 866 +11.9%
Show Product Lines breakouts
License And Service · Cost Of Sales 144 120 +20.0%
Technology Service · Cost Of Sales 22 24 -8.3%
Show Income Statement Location breakouts
General And Administrative Expense 119 118 +0.8%
Research And Development Expense 381 329 +15.8%
Sales and marketing 303 275 +10.2%
Increase Decrease In Deferred Income Taxes 48 52 -7.7%
Other Operating Activities Cash Flow Statement 62 -25 +348.0%
Increase Decrease In Receivables 599 499 +20.0%
Increase Decrease In Deferred Charges -291 -306 +4.9%
Change in Prepaid & Other Assets -222 -252 +11.9%
Change in Accounts Payable 133 172 -22.7%
Change in Deferred Revenue -264 -92 -187.0%
Increase Decrease In Accrued Liabilities And Other Operating Liabilities -111 -91 -22.0%
Net Cash from Operations 2,393 1,961 +22.0%
Investing Activities
Capital Expenditures -395 -397 +0.5%
Payments To Acquire Businesses Net Of Cash Acquired -76 -41 -85.4%
Payments To Acquire Intangible Assets -34 -30 -13.3%
Payments To Acquire Investments -2,322 -2,660 +12.7%
Payments To Acquire Non Marketable Investments -138 -88 -56.8%
Proceeds From Sale And Maturity Of Available For Sale Securities 2,281 2,113 +8.0%
Other Investing Activities 44 -2 +2300.0%
Net Cash from Investing -640 -1,105 +42.1%
Fair Value Of Common Stock Issued For Business Combinations 434
Financing Activities
Proceeds From Stock Plans 153 131 +16.8%
Share Repurchases -659 -175 -276.6%
Tax Withholding for Share Compensation -438 -352 -24.4%
Net Cash from Financing -944 -580 -62.8%
Supplemental
Interest Paid 11 12 -8.3%
Income Taxes Paid 129 112 +15.2%
Unpaid Capital Expenditures 40 70 -42.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 14 -13 +207.7%
Net Change in Cash 823 263 +212.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 3,133 2,167 +44.6%
Restricted Cash Current 9 8 +12.5%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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