Filing Flows › ServiceNow (NOW) › Q3 2026 › vs Q3 2025
ServiceNow (NOW) Q3 2026 vs Q3 2025 (year over year)
ServiceNow's revenue rose $699M (+21%) from $3.4B in Q3 2025 to $4.1B in Q3 2026. The biggest changes: Subscription +$689M (+21%); Professional services and other +$10.0M (+9%). Gross margin 70.5% against 77.3% (-6.8 pts).
ServiceNow, Q3 2026: revenue $4.1B (+20% year over year), operating margin 9.4%, net earnings $277M, operating cash flow $839M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 70.5% | 77.3% | -6.8 pts |
| Operating margin | 9.4% | 16.8% | -7.4 pts |
| Net margin | 6.7% | 14.7% | -8.0 pts |
| Free cash flow margin | 18.2% | 17.0% | +1.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Subscription | $4.0B | $3.3B | $689M | +21% |
| Professional services and other | $118M | $108M | $10.0M | +9% |
| Revenue | $4.1B | $3.4B | $699M | +21% |
| Gross profit | $2.9B | $2.6B | $262M | +10% |
| Cost of revenue | $1.2B | $774M | $437M | +56% |
| Operating profit | $385M | $572M | −$187M | -33% |
| Operating expenses | $2.5B | $2.1B | $449M | +22% |
| Pre-tax earnings | $370M | $694M | −$324M | -47% |
| Other expense, net | $15.0M | −$122M | $137M | — |
| Research & development | $956M | $750M | $206M | +27% |
| Sales & marketing | $1.3B | $1.1B | $215M | +20% |
| General & admin | $283M | $255M | $28.0M | +11% |
| Net earnings | $277M | $502M | −$225M | -45% |
| Income tax | $93.0M | $192M | −$99.0M | -52% |
| Operating cash sources | $1.3B | $1.2B | $109M | +9% |
| Depreciation & amortization | $390M | $194M | $196M | +101% |
| Share-based compensation | $630M | $492M | $138M | +28% |
| Working capital & other | $458M | $375M | $83.0M | +22% |
| Operating cash flow | $839M | $813M | $26.0M | +3% |
| Free cash flow (OCF − capex) | $748M | $578M | $170M | +29% |
| Capital expenditures | $91.0M | $235M | −$144M | -61% |
Questions
How much did ServiceNow's revenue grow year over year in Q3 2026?
ServiceNow's revenue rose $699M (+21%) from $3.4B in Q3 2025 to $4.1B in Q3 2026.
What drove ServiceNow's revenue change in Q3 2026?
Subscription +$689M (+21%); Professional services and other +$10.0M (+9%).