ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers.
It is a $146B technology company. Revenue grew 22.2% over the last year, it keeps 11¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 87.2× earnings — in the cheapest third of its own history.
- Website
- servicenow.com
- Location
- Santa Clara, CA
- Employees
- 29 187
- Sector
- Technology
- Founded
- 2003
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth; Valuation lags behind.
Valuation44
- P/E vs own history27th pct · 20/25
- FCF yield3.1% · 12/25
- P/S9.9x · 12/25
- EV/EBITDA54.8x · 0/25
Growth100
- Revenue CAGR22.5% · 25/25
- Net income CAGR66.0% · 25/25
- EPS CAGR ~5Y70.2% · 25/25
- Fwd implied growth152.2% · 25/25
Profitability64
- ROIC19.2% · 20/25
- ROE13.8% · 12/25
- Net margin11.3% · 20/25
- Operating margin11.4% · 12/25
Health56
- Altman Zn/a · 0/25
- Current ratio0.70 · 6/25
- Interest coverage32.1x · 25/25
- Net cash / debtNet cash · 25/25
Quality71
- Piotroski F5/9 · 15/25
- Beneish M-2.95 · 25/25
- FCF conversion274% · 25/25
- Margin stabilityσ 21.5% · 6/25
Moat56
- ROIC >12% years2/6 yrs · 6/25
- Median gross margin77.3% · 25/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst -32.5% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$1.75B net income
- FY2024FinancialRevenue crossed $10B$11.0B for the year
- FY2019FinancialTurned profitable$627M net income after a loss year
- FY2016FinancialRevenue already above $1B$1.39B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2012MilestoneServiceNow became a publicly traded company following a IPO
- 2007Milestone2007 was also the first year that the company "went cash flow positive"
- 2006MilestoneThe company changed its name to Service-Now.com
- 2003FoundedServiceNow was founded as Glidesoft, Inc. in 2003 by Fred Luddy
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (74.8%)
- Revenue growing 22.2% year over year
- Strong cash conversion — FCF is 31.1% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 32.1× by operating earnings
Watch-outs
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+22.2% YoY
- Profitable — makes more than it spends$1.67B TTM
- Profit growing — earnings are higher than last year+73.6% YoY
- Generates cash — cash left after running and investing$4.58B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$146B market cap
- Not printing shares — share count not ballooning — you keep your slice+3.4% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 31/100
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 87.2
Peer comparisonServicenow, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| NOW this company | $145.8B | 87.2 | +22.2% | 11.3% | Strained |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: NOW vs NVDA · NOW vs AAPL · NOW vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/NOW
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of NOW on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $141.00 · market cap $146B.