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ServiceNow (NOW) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · ServiceNow (NOW) Q3 2026 earnings results →

Q3 2026 Revenue up 20% year over year to $4.1B · 7¢ of every $1 of revenue kept as net profit · operating margin 9.4%

ServiceNow made $4.1B in Q3 2026 (+20% Y/Y): Subscription $4.0B, Professional services and other $118M. Operating margin 9.4%, net earnings $277M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.

Revenue$4.1B

Year over year+20%

Operating margin9.4%

Net earnings$277M

Operating cash flow$839M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $4.1B in Q3 2026, up 21% year over year and up 3% from the previous quarter. Subscription was the largest line at 97% of revenue. Subscription added $0.69B year over year (up 21%), 99% of the total change.

Gross margin was 70.5%, down 6.8 points from Q3 2025. Operating profit was $0.39B, a 9.4% margin (down 7.4 points year over year). Operating profit fell $0.19B even though revenue rose $0.70B versus Q3 2025, so costs grew faster than sales. Operating expenses grew 22% against revenue growth of 21%. The fastest-growing cost line was Research & development (+27%). Net earnings were $0.28B, down 45% year over year. The effective tax rate was 25.1%.

Operating cash flow was $0.84B (up 3% year over year), 303% of net earnings. Non-cash charges added back $0.39B of depreciation and amortization and $0.63B of share-based compensation. Working capital and other items used $0.46B. Capital expenditures of $0.09B left free cash flow of $0.75B.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q3 2026	10-Q	Oct 28, 2026	$4.1B	+20%	9.4%	$277M	$839M
Q2 2026	10-Q	Jul 23, 2026	$4.0B	+24%	4.1%	$298M	$587M
Q1 2026	10-Q	Apr 23, 2026	$3.8B	+22%	13.3%	$469M	$1.7B
Q4 2025	10-K	Jan 29, 2026	$3.6B	+21%	12.4%	$401M	$2.2B
Q3 2025	10-Q	Oct 30, 2025	$3.4B	+22%	16.8%	$502M	$813M
Q2 2025	10-Q	Jul 24, 2025	$3.2B	+22%	11.1%	$385M	$716M
Q1 2025	10-Q	Apr 23, 2025	$3.1B	+19%	14.6%	$460M	$1.7B

Charts

Latest (Q3 2026): Y/Y +20%, Q/Q +3%.

From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.

Latest (Q3 2026): Net income $277M, Operating cash flow $839M.

+3.4% since FY2020: more shares outstanding (issuance, stock pay); earlier years scaled for the 5-for-1 split before FY2023.

Services-Prepackaged Software; dot size is quarterly revenue; dashed lines are the industry's medians.

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