Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
NOW · NYSE · Technology
Fundamental quality
85
out of 100
ServiceNow, Inc. grows profitably: it increases revenue at double digits (24% a year) without giving up profitability (net margin 11.3%). On fundamental quality it scores 85 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its profitability (net margin 11.3%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
ServiceNow sells cloud software that helps large enterprises automate their internal workflows — from IT support to human resources and customer service. It runs on subscriptions, so its revenue is recurring and highly predictable.
EPS growth: 61.7% · Revenue growth: 24%
Net margin: 11.3% · ROE: 13.3% · ROIC: 6.8%
Net debt/EBITDA: 1.82x · FCF: 31.1%
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.
Percentile against the other 101 Technology companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 4,519 | 119 | 1,367 | -37 |
| 2021 | 5,896 | 230 | 1,799 | -1,636 |
| 2022 | 7,245 | 325 | 2,173 | -1,470 |
| 2023 | 8,971 | 1,731 | 2,704 | -1,897 |
| 2024 | 10,984 | 1,425 | 3,415 | -2,304 |
| 2025 | 13,278 | 1,748 | 4,576 | -2,235 |
Between 2020 and 2025, revenue went from $4,519M to $13,278M (+194%) and net income went from $119M to $1,748M (+1369%). Meanwhile, its margins have widened (from 3% to 13%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is ServiceNow, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is ServiceNow, Inc. a good company to invest in?
In terms of business quality, ServiceNow, Inc. scores 85 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is ServiceNow, Inc. a profitable company?
Yes. ServiceNow, Inc. shows a net margin of 11.3% and an ROE of 13.3%, a sign of a profitable business.
Does ServiceNow, Inc. have a lot of debt?
A moderate level: its net debt is 1.82 times its EBITDA.
Is ServiceNow, Inc. growing?
Its revenue has grown 24% annualized in recent years and its earnings per share 61.7%, and without interruption since 2020.
Does ServiceNow, Inc. generate cash?
Yes. It converts about 31.1% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Technology companies
Cadence Design (CDNS) · CrowdStrike (CRWD) · Arista Networks (ANET) · Dell Technologies (DELL) · Marvell Technology (MRVL) · Amphenol (APH) · see more →
The best Technology stocks by our model →
Compare ServiceNow, Inc. with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see ServiceNow, Inc.'s filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.