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 13% 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 Growth17.3%
Revenue growth rate23.2%
Return on equity23.8%
Net Margin20.3%
Last Earnings Update31 Mar 2024

Recent past performance updates

Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Feb 01
Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Recent updates

ServiceNow Is A Generative AI Winner And Compounder

May 13

ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 26
ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

ServiceNow Q1 Earnings Preview: Solid Fundamentals, But Stock Is Likely Capped

Apr 22

ServiceNow: One Of Our Top Picks For The Coming Decade

Apr 13

ServiceNow (NYSE:NOW) Has A Rock Solid Balance Sheet

Mar 30
ServiceNow (NYSE:NOW) Has A Rock Solid Balance Sheet

ServiceNow: Leading In Enterprise AI, But Watch The Premium Valuation

Mar 20

What You Can Learn From ServiceNow, Inc.'s (NYSE:NOW) P/S

Mar 18
What You Can Learn From ServiceNow, Inc.'s (NYSE:NOW) P/S

ServiceNow, Inc.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price

Mar 06
ServiceNow, Inc.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price

ServiceNow: Successfully Absorbing Global Digital Transformation

Mar 06

What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?

Feb 23
What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?

ServiceNow: The Case For More Upside Even From Here

Feb 02

Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Feb 01
Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 27
Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

ServiceNow Q4 Review: Solid Report, But Valuation Is Out Of Step With Reality

Jan 24

ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

Jan 11
ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales

Dec 31

ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark

Dec 18
ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark

ServiceNow: This Is A True One Of A Kind

Nov 28

Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?

Nov 20
Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?

Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching

Oct 23
Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching

ServiceNow: Stellar Revenue Growth And Profitability Expansion

Oct 23

Is ServiceNow (NYSE:NOW) A Risky Investment?

Oct 08
Is ServiceNow (NYSE:NOW) A Risky Investment?

Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

Sep 26
Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

ServiceNow: Positioned To Thrive In Digital Transformation

Sep 18

We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)

Aug 30
We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)

ServiceNow: Generative AI Pick With 20% Revenue Growth And 30% FCF Margins

Aug 18

Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?

Aug 17
Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?

Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?

Jul 24
Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?

ServiceNow: AI Hype Has Powered The Stock This Year

Jul 19

Is ServiceNow (NYSE:NOW) Using Too Much Debt?

Jun 20
Is ServiceNow (NYSE:NOW) Using Too Much Debt?

ServiceNow: Stock Is Fairly Valued

Jun 18

ServiceNow Unleashes AI, Innovation To Strengthen Competitive Advantage

May 24

Estimating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

May 16
Estimating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

May 02
ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

With ServiceNow, Inc. (NYSE:NOW) It Looks Like You'll Get What You Pay For

Apr 19
With ServiceNow, Inc. (NYSE:NOW) It Looks Like You'll Get What You Pay For

Is ServiceNow (NYSE:NOW) Using Too Much Debt?

Mar 21
Is ServiceNow (NYSE:NOW) Using Too Much Debt?

Revenue & Expenses Breakdown

How ServiceNow makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:NOW Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 249,4781,9284,2872,238
31 Dec 238,9711,7314,1642,124
30 Sep 238,4741,5863,9912,016
30 Jun 238,0171,4243,8631,923
31 Mar 237,6194003,7191,846
31 Dec 227,2453253,5491,768
30 Sep 226,9192013,4461,706
30 Jun 226,6011843,2921,608
31 Mar 226,2582233,0911,497
31 Dec 215,8962302,8891,397
30 Sep 215,5322212,7451,289
30 Jun 215,1711712,5781,199
31 Mar 214,8331532,4121,111
31 Dec 204,5191192,3091,024
30 Sep 204,2217012,149942
30 Jun 203,9557282,025864
31 Mar 203,7186761,974803
31 Dec 193,4606271,873749
30 Sep 193,224351,762695
30 Jun 193,01131,694640
31 Mar 192,809-391,596585
31 Dec 182,609-271,499530
30 Sep 182,442-511,411485
30 Jun 182,262-821,311448
31 Mar 182,079-851,202410
31 Dec 171,918-1171,106378
30 Sep 171,755-1321,023347
30 Jun 171,620-146959323
31 Mar 171,513-140909304
31 Dec 161,391-414818285
30 Sep 161,290-457795270
30 Jun 161,194-461740251
31 Mar 161,099-474685233
31 Dec 151,005-198625217
30 Sep 15918-206580201
30 Jun 15835-206536185
31 Mar 15755-194486167
31 Dec 14683-179436148
30 Sep 14610-159391130
30 Jun 14542-133347111
31 Mar 14478-10429894
31 Dec 13425-7425779
30 Sep 13375-5922168
30 Jun 13328-5819458

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 23%.


Return on Equity

High ROE: NOW's Return on Equity (23.8%) is considered high.


Return on Assets


Return on Capital Employed


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