ServiceNow Past Earnings Performance
Past criteria checks 6/6
ServiceNow has been growing earnings at an average annual rate of 44.7%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 23.2% per year. ServiceNow's return on equity is 23.8%, and it has net margins of 20.3%.
Key information
44.7%
Earnings growth rate
42.6%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 23.2% |
| Return on equity | 23.8% |
| Net Margin | 20.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26
ServiceNow Q1 Earnings Preview: Solid Fundamentals, But Stock Is Likely Capped
Apr 22ServiceNow: One Of Our Top Picks For The Coming Decade
Apr 13ServiceNow (NYSE:NOW) Has A Rock Solid Balance Sheet
Mar 30ServiceNow: Leading In Enterprise AI, But Watch The Premium Valuation
Mar 20What You Can Learn From ServiceNow, Inc.'s (NYSE:NOW) P/S
Mar 18ServiceNow, Inc.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price
Mar 06ServiceNow: Successfully Absorbing Global Digital Transformation
Mar 06What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?
Feb 23ServiceNow: The Case For More Upside Even From Here
Feb 02Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality
Feb 01Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 27ServiceNow Q4 Review: Solid Report, But Valuation Is Out Of Step With Reality
Jan 24ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price
Jan 11ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales
Dec 31ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark
Dec 18ServiceNow: This Is A True One Of A Kind
Nov 28Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?
Nov 20Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching
Oct 23ServiceNow: Stellar Revenue Growth And Profitability Expansion
Oct 23Is ServiceNow (NYSE:NOW) A Risky Investment?
Oct 08Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)
Sep 26ServiceNow: Positioned To Thrive In Digital Transformation
Sep 18We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)
Aug 30ServiceNow: Generative AI Pick With 20% Revenue Growth And 30% FCF Margins
Aug 18Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?
Aug 17Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?
Jul 24ServiceNow: AI Hype Has Powered The Stock This Year
Jul 19Is ServiceNow (NYSE:NOW) Using Too Much Debt?
Jun 20ServiceNow: Stock Is Fairly Valued
Jun 18ServiceNow Unleashes AI, Innovation To Strengthen Competitive Advantage
May 24Estimating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)
May 16ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price
May 02With ServiceNow, Inc. (NYSE:NOW) It Looks Like You'll Get What You Pay For
Apr 19Is ServiceNow (NYSE:NOW) Using Too Much Debt?
Mar 21Is Now An Opportune Moment To Examine ServiceNow, Inc. (NYSE:NOW)?
Feb 19ServiceNow: 5 Key Takeaways From The Recent Earnings
Feb 06A Look At The Intrinsic Value Of ServiceNow, Inc. (NYSE:NOW)
Jan 27Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow ServiceNow makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 9,478 | 1,928 | 4,287 | 2,238 |
| 31 Dec 23 | 8,971 | 1,731 | 4,164 | 2,124 |
| 30 Sep 23 | 8,474 | 1,586 | 3,991 | 2,016 |
| 30 Jun 23 | 8,017 | 1,424 | 3,863 | 1,923 |
| 31 Mar 23 | 7,619 | 400 | 3,719 | 1,846 |
| 31 Dec 22 | 7,245 | 325 | 3,549 | 1,768 |
| 30 Sep 22 | 6,919 | 201 | 3,446 | 1,706 |
| 30 Jun 22 | 6,601 | 184 | 3,292 | 1,608 |
| 31 Mar 22 | 6,258 | 223 | 3,091 | 1,497 |
| 31 Dec 21 | 5,896 | 230 | 2,889 | 1,397 |
| 30 Sep 21 | 5,532 | 221 | 2,745 | 1,289 |
| 30 Jun 21 | 5,171 | 171 | 2,578 | 1,199 |
| 31 Mar 21 | 4,833 | 153 | 2,412 | 1,111 |
| 31 Dec 20 | 4,519 | 119 | 2,309 | 1,024 |
| 30 Sep 20 | 4,221 | 701 | 2,149 | 942 |
| 30 Jun 20 | 3,955 | 728 | 2,025 | 864 |
| 31 Mar 20 | 3,718 | 676 | 1,974 | 803 |
| 31 Dec 19 | 3,460 | 627 | 1,873 | 749 |
| 30 Sep 19 | 3,224 | 35 | 1,762 | 695 |
| 30 Jun 19 | 3,011 | 3 | 1,694 | 640 |
| 31 Mar 19 | 2,809 | -39 | 1,596 | 585 |
| 31 Dec 18 | 2,609 | -27 | 1,499 | 530 |
| 30 Sep 18 | 2,442 | -51 | 1,411 | 485 |
| 30 Jun 18 | 2,262 | -82 | 1,311 | 448 |
| 31 Mar 18 | 2,079 | -85 | 1,202 | 410 |
| 31 Dec 17 | 1,918 | -117 | 1,106 | 378 |
| 30 Sep 17 | 1,755 | -132 | 1,023 | 347 |
| 30 Jun 17 | 1,620 | -146 | 959 | 323 |
| 31 Mar 17 | 1,513 | -140 | 909 | 304 |
| 31 Dec 16 | 1,391 | -414 | 818 | 285 |
| 30 Sep 16 | 1,290 | -457 | 795 | 270 |
| 30 Jun 16 | 1,194 | -461 | 740 | 251 |
| 31 Mar 16 | 1,099 | -474 | 685 | 233 |
| 31 Dec 15 | 1,005 | -198 | 625 | 217 |
| 30 Sep 15 | 918 | -206 | 580 | 201 |
| 30 Jun 15 | 835 | -206 | 536 | 185 |
| 31 Mar 15 | 755 | -194 | 486 | 167 |
| 31 Dec 14 | 683 | -179 | 436 | 148 |
| 30 Sep 14 | 610 | -159 | 391 | 130 |
| 30 Jun 14 | 542 | -133 | 347 | 111 |
| 31 Mar 14 | 478 | -104 | 298 | 94 |
| 31 Dec 13 | 425 | -74 | 257 | 79 |
| 30 Sep 13 | 375 | -59 | 221 | 68 |
| 30 Jun 13 | 328 | -58 | 194 | 58 |
Quality Earnings: NOW has high quality earnings.
Growing Profit Margin: NOW's current net profit margins (20.3%) are higher than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOW has become profitable over the past 5 years, growing earnings by 44.7% per year.
Accelerating Growth: NOW's earnings growth over the past year (382%) exceeds its 5-year average (44.7% per year).
Earnings vs Industry: NOW earnings growth over the past year (382%) exceeded the Software industry 22.8%.
Return on Equity
High ROE: NOW's Return on Equity (23.8%) is considered high.