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ServiceNow, Inc.

NOWโ€ขRank #118โ€ขTechnologyโ€ขSoftware - Application

Market Cap

$140.2B

Global Rank

#118

All-Time High

$218.7B

2024-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 68% of the 367 companies we track (globally).
  • Equivalent to 0.5% of United States's GDP (2025 data).
  • Just above: #117 Uber Technologies, Inc. ($142.2B)
  • Just below: #119 UBS Group AG ($139.9B)
  • Best year: 2020 (+95%). Worst year: 2022 (-40%).

ServiceNow, Inc. Financial Breakdown (FY 2025)

Source: Yahoo Finance โ€” NOW annual filings (2025) โ†’

$13.3B revenue ยท $1.8B operating income ยท $1.7B net income

  • โ—Operating margin: 13.7% on $13.3B in revenue.
  • โ—R&D is 22.3% of revenue ($3.0B).
  • โ—Net income margin: 13.2% โ€” $1.7B in profit.
  • โ—Free cash flow: $4.5B (34.1% of revenue).

Cost / Operating Expenses

Total operating expenses $11.5B

Total

$11.5B

Cost of revenueยท Product / service delivery costs (COGS)$3.0B26.0%
Research & development$3.0B25.8%
Sales & marketing$4.4B38.3%
General & administrative$1.1B9.8%

Capital Expenditures

$0.9B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$4.5B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About ServiceNow, Inc.

ServiceNow, Inc. is an American software company that supplies cloud computing platforms for the creation and management of automated business workflows. The company was founded in Santa Clara, California, United States, in 2003 by Fred Luddy. It is listed on the New York Stock Exchange and is a constituent of the S&P 100 and S&P 500 indices.

ServiceNow, Inc. Market Cap History (2026โ€“2026)

ServiceNow, Inc. vs Sector Peers by Market Cap

Tokyo Electron Limited8035.T
$172.0B
Sony Group Corporation6758.T
$145.3B
Uber Technologies, Inc.UBER
$142.2B
ServiceNow, Inc.NOW
$140.2B
Keyence Corporation6861.T
$129.3B
Fortinet, Inc.FTNT
$127.3B
Snowflake Inc.SNOW
$118.5B
Cloudflare, Inc.NET
$112.6B

Compare ServiceNow, Inc.

Ranking History

YearMarket CapRankYoY Change
2026$140.2B#118(โ†“18)-11.3%
2025$158.0B#100(โ†“61)-27.7%
2024$218.7B#39(โ†‘28)+50.1%
2023$145.7B#67(โ†‘49)+82.0%
2022$80.1B#116(โ†“42)-40.2%
2021$133.9B#74(โ†“5)+17.9%
2020$113.5B#69(โ†‘52)+95.0%
2019$58.2B#121(โ†‘24)+58.6%
2018$36.7B#145(โ†‘63)+36.6%
2017$26.9B#208(โ†‘32)+75.4%
2016$15.3B#240(โ†“27)-14.1%
2015$17.9B#213(โ†‘21)+27.6%
2014$14.0B#234(โ†“4)+21.1%
2013$11.6B#230(โ†‘21)+86.5%
2012$6.2B#251

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FAQ

What is ServiceNow, Inc.'s market cap?

ServiceNow, Inc. (NOW) has a market capitalization of $140.2B, making it the #118 largest company in the world by market cap.

What was ServiceNow, Inc.'s highest market cap?

ServiceNow, Inc.'s all-time high market cap was $218.7B, reached in 2024-12-31. Its highest rank was #39 in 2024.

What sector is ServiceNow, Inc. in?

ServiceNow, Inc. is in the Technology sector, specifically the Software - Application industry. It is based in United States.

How has ServiceNow, Inc.'s market cap changed over time?

ServiceNow, Inc. has been tracked since 2026. Its market cap has grown by 0% from $140.2B in 2026 to $140.2B today.