Stocks·NYSE:NOW
ServiceNow (NOW)
My take
No average analyst target in this video.
Every video where I mention NOW
- Fortinet Stock Crashed After Beating Earnings. Overreaction? (FTNT) Oct 30, 2026 · at 2:48
And Fortinet wasn't alone. ServiceNow dropped more than 20% the same morning…
- Intel Stock Fell 20% After Earnings Despite 78% AI Growth (INTC) Oct 30, 2026 · at 3:36
And Intel isn't alone. This week ServiceNow and Fortinet both beat…
- ServiceNow Stock Fell 15% After Beating Earnings. Here's Why (NOW) Oct 29, 2026
ServiceNow just beat Wall Street's revenue estimate and raised its…
The last 12 months
- Oct 29, 2026VideoMy video: ServiceNow Stock Fell 15% After Beating Earnings. Here's Why (NOW)
- Oct 28, 202610-QQuarterly report
- Oct 28, 20268-K/AReleased quarterly results
- Oct 28, 20268-KReleased quarterly results
- Aug 20, 2026S-8Registered shares for employee stock plans
- Jul 23, 202610-QQuarterly report
- Jul 22, 2026S-8Registered shares for employee stock plans
- Jul 22, 2026S-8Registered shares for employee stock plans
- Jul 22, 20268-KReleased quarterly results
- May 22, 20268-KExecutive or board change; Shareholder vote results
- May 15, 20268-KSigned a major agreement; Took on new debt; Other news
- Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 23, 202610-QQuarterly report
- Apr 22, 20268-KSigned a major agreement; Released quarterly results; Took on new debt
Show the numbers
| Revenue by year | |
|---|---|
| 2016 | $1.39B |
| 2017 | $1.93B |
| 2018 | $2.61B |
| 2019 | $3.46B |
| 2020 | $4.52B |
| 2021 | $5.90B |
| 2022 | $7.25B |
| 2023 | $8.97B |
| 2024 | $11B |
| 2025 | $13.3B |
Show the numbers
| Revenue by quarter | |
|---|---|
| Q4 23 | $2.44B |
| Q1 24 | $2.60B |
| Q2 24 | $2.63B |
| Q3 24 | $2.80B |
| Q4 24 | $2.96B |
| Q1 25 | $3.09B |
| Q2 25 | $3.21B |
| Q3 25 | $3.41B |
| Q4 25 | $3.57B |
| Q1 26 | $3.77B |
| Q2 26 | $3.99B |
| Q3 26 | $4.11B |
Show the numbers
| Operating income (loss) by year | |
|---|---|
| 2016 | -$382M |
| 2017 | -$64.4M |
| 2018 | -$42.4M |
| 2019 | $42M |
| 2020 | $199M |
| 2021 | $257M |
| 2022 | $355M |
| 2023 | $762M |
| 2024 | $1.36B |
| 2025 | $1.82B |
Show the numbers
| Free cash flow by year | |
|---|---|
| 2016 | $53.5M |
| 2017 | $492M |
| 2018 | $587M |
| 2019 | $971M |
| 2020 | $1.37B |
| 2021 | $1.80B |
| 2022 | $2.17B |
| 2023 | $2.70B |
| 2024 | $3.42B |
| 2025 | $4.58B |
Cash and short-term investmentsDebt
Show the numbers
| Cash and short-term investments | Debt | |
|---|---|---|
| 2016 | $899M | $0 |
| 2017 | $1.78B | $543M |
| 2018 | $1.50B | $0 |
| 2019 | $1.69B | $748M |
| 2020 | $3.09B | $1.64B |
| 2021 | $3.30B | $92M |
| 2022 | $4.28B | $0 |
| 2023 | $4.88B | n/a |
| 2024 | $5.76B | n/a |
| 2025 | $6.28B | $1.49B |
From the 10-Q filed Oct 28, 2026. Source.
Stock-based pay to employeesSpent buying back shares
Show the numbers
| Stock-based pay to employees | Spent buying back shares | |
|---|---|---|
| 2020 | $870M | $0 |
| 2021 | $1.13B | $0 |
| 2022 | $1.40B | $0 |
| 2023 | $1.60B | $538M |
| 2024 | $1.75B | $696M |
| 2025 | $1.96B | $1.84B |
If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.
Show the numbers
| Backlog (remaining performance obligations) | |
|---|---|
| Q4 23 | $18B |
| Q1 24 | $17.7B |
| Q2 24 | $18.6B |
| Q3 24 | $19.5B |
| Q4 24 | $22.3B |
| Q1 25 | $22.1B |
| Q2 25 | $23.9B |
| Q3 25 | $24.3B |
| Q4 25 | $28.2B |
| Q1 26 | $27.7B |
| Q2 26 | $29B |
| Q3 26 | $29.7B |
Compare NOW with other stocks →
From the company's own SEC filings via SEC EDGAR, latest period ended Sep 30, 2026. Numbers can be restated later. Not investment advice.
Dilution
Show the numbers
| Shares outstanding | |
|---|---|
| Jan 2023 | 1B |
| Mar 2023 | 1B |
| Jun 2023 | 1B |
| Sep 2023 | 1B |
| Jan 2024 | 1B |
| Apr 2024 | 1B |
| Jun 2024 | 1B |
| Sep 2024 | 1B |
| Jan 2025 | 1B |
| Mar 2025 | 1B |
| Jun 2025 | 1B |
| Sep 2025 | 1B |
| Jan 2026 | 1B |
| Mar 2026 | 1B |
| Jun 2026 | 1B |
| Sep 2026 | 1B |
The share count is down -0.2% over the past year. What dilution means.
Insider trades
Bought or sold on the open market
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Aug 31, 2026 | Paul Fipps President, Global Customer Ops | Sold on the market | 2K | $301K | Form 4 |
| Aug 28, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Sold on the market (planned) | 7.8K | $1.08M | Form 4 |
| Aug 27, 2026 | Paul Edward Chamberlain Director | Sold on the market | 2.7K | $366K | Form 4 |
| Aug 13, 2026 | Paul Edward Chamberlain Director | Sold on the market (planned) | 1.5K | $188K | Form 4 |
| May 28, 2026 | Teresa Briggs Director | Sold on the market | 1.6K | $173K | Form 4 |
| May 18, 2026 | Paul Fipps President, Global Customer Ops | Sold on the market (planned) | 1K | $103K | Form 4 |
| May 14, 2026 | Anita M Sands Director | Sold on the market | 16.4K | $1.48M | Form 4 |
| May 14, 2026 | Paul Edward Chamberlain Director | Sold on the market (planned) | 1.5K | $131K | Form 4 |
| May 8, 2026 | Paul Fipps President, Global Customer Ops | Sold on the market (planned) | 151 | $13.7K | Form 4 |
| Apr 24, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Sold on the market | 8.9K | $800K | Form 4 |
| Feb 27, 2026 | William R McDermott Chairman & CEO, Director | Bought on the market (planned) 2 trades that day | 28.7K | $3M | Form 4 |
| Feb 23, 2026 | Paul Fipps President, Global Customer Ops | Sold on the market (planned) | 3.7K | $376K | Form 4 |
| Feb 18, 2026 | Paul Fipps President, Global Customer Ops | Sold on the market (planned) | 9.6K | $1.02M | Form 4 |
| Feb 13, 2026 | Kevin Thomas McBride Principal Accounting Officer | Sold on the market (planned) | 1.4K | $148K | Form 4 |
| Feb 12, 2026 | Paul Edward Chamberlain Director | Sold on the market (planned) | 1.5K | $152K | Form 4 |
Everything else: grants, option exercises, tax withholding (179)
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Aug 17, 2026 | William R McDermott Chairman & CEO, Director | Exercised options | 4.2K | n/a | Form 4 |
| Aug 17, 2026 | William R McDermott Chairman & CEO, Director | Shares withheld for taxes | 2.2K | $263K | Form 4 |
| Aug 17, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Exercised options | 970 | n/a | Form 4 |
| Aug 17, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Shares withheld for taxes | 496 | $58.4K | Form 4 |
| Aug 17, 2026 | Paul Fipps President, Global Customer Ops | Exercised options 2 trades that day | 640 | n/a | Form 4 |
| Aug 17, 2026 | Paul Fipps President, Global Customer Ops | Shares withheld for taxes 2 trades that day | 256 | $30.1K | Form 4 |
| Aug 17, 2026 | Danielle Fontaine Principal Accounting Officer | Exercised options | 485 | n/a | Form 4 |
| Aug 17, 2026 | Danielle Fontaine Principal Accounting Officer | Shares withheld for taxes | 168 | $19.8K | Form 4 |
| Aug 17, 2026 | Gina Mastantuono President and CFO | Exercised options | 1.6K | n/a | Form 4 |
| Aug 17, 2026 | Gina Mastantuono President and CFO | Shares withheld for taxes | 858 | $101K | Form 4 |
| Aug 14, 2026 | William R McDermott Chairman & CEO, Director | Exercised options 2 trades that day | 15.2K | n/a | Form 4 |
| Aug 14, 2026 | William R McDermott Chairman & CEO, Director | Shares withheld for taxes 2 trades that day | 8.1K | $1.01M | Form 4 |
| Aug 14, 2026 | Paul Fipps President, Global Customer Ops | Exercised options 3 trades that day | 7.7K | n/a | Form 4 |
| Aug 14, 2026 | Paul Fipps President, Global Customer Ops | Shares withheld for taxes 3 trades that day | 3.1K | $379K | Form 4 |
| Aug 14, 2026 | Hossein Nowbar Pres. & Chief Legal Officer | Exercised options 2 trades that day | 5.1K | n/a | Form 4 |
| Aug 14, 2026 | Hossein Nowbar Pres. & Chief Legal Officer | Shares withheld for taxes 2 trades that day | 2K | $247K | Form 4 |
| Aug 14, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Exercised options 2 trades that day | 5.1K | n/a | Form 4 |
| Aug 14, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Shares withheld for taxes 2 trades that day | 2.6K | $320K | Form 4 |
| Aug 14, 2026 | Amit Zavery President, CPO and COO | Exercised options 2 trades that day | 10.3K | n/a | Form 4 |
| Aug 14, 2026 | Amit Zavery President, CPO and COO | Shares withheld for taxes 2 trades that day | 5.5K | $688K | Form 4 |
| Aug 14, 2026 | Gina Mastantuono President and CFO | Exercised options 2 trades that day | 8K | n/a | Form 4 |
| Aug 14, 2026 | Gina Mastantuono President and CFO | Shares withheld for taxes 2 trades that day | 4.3K | $530K | Form 4 |
| Aug 14, 2026 | Danielle Fontaine Principal Accounting Officer | Exercised options 2 trades that day | 975 | n/a | Form 4 |
| Aug 14, 2026 | Danielle Fontaine Principal Accounting Officer | Shares withheld for taxes 2 trades that day | 338 | $41.9K | Form 4 |
| Aug 7, 2026 | Paul Fipps President, Global Customer Ops | Exercised options 4 trades that day | 5.4K | n/a | Form 4 |
| Aug 7, 2026 | Paul Fipps President, Global Customer Ops | Shares withheld for taxes 4 trades that day | 2.2K | $271K | Form 4 |
| Aug 7, 2026 | Gina Mastantuono President and CFO | Exercised options | 3.9K | n/a | Form 4 |
| Aug 7, 2026 | Gina Mastantuono President and CFO | Shares withheld for taxes | 2.1K | $265K | Form 4 |
| Aug 7, 2026 | Amit Zavery President, CPO and COO | Exercised options | 10K | n/a | Form 4 |
| Aug 7, 2026 | Amit Zavery President, CPO and COO | Shares withheld for taxes | 5.4K | $671K | Form 4 |
| Aug 7, 2026 | William R McDermott Chairman & CEO, Director | Exercised options | 8.8K | n/a | Form 4 |
| Aug 7, 2026 | William R McDermott Chairman & CEO, Director | Shares withheld for taxes | 4.7K | $588K | Form 4 |
| Aug 7, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Exercised options | 2.6K | n/a | Form 4 |
| Aug 7, 2026 | Jacqueline P Canney Chief People & AI Enblmt. Off. | Shares withheld for taxes | 1.3K | $168K | Form 4 |
| Aug 7, 2026 | Danielle Fontaine Principal Accounting Officer | Exercised options | 305 | n/a | Form 4 |
| Aug 7, 2026 | Danielle Fontaine Principal Accounting Officer | Shares withheld for taxes | 106 | $13.2K | Form 4 |
| Jun 15, 2026 | Eric S. Yuan Director | Grant or award | 2.7K | n/a | Form 4 |
| May 21, 2026 | Frederic B Luddy Director | Grant or award | 3.3K | n/a | Form 4 |
| May 21, 2026 | Teresa Briggs Director | Grant or award | 3.3K | n/a | Form 4 |
| May 21, 2026 | Paul Edward Chamberlain Director | Grant or award | 3.3K | n/a | Form 4 |
An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.
Famous investors who own it
| Investor | Quarter | Shares | Value | Share of fund | Change |
|---|---|---|---|---|---|
| Chuck Akre (founder) (Akre Capital Management) | Q2 26 | 1.2M | $124M | 2.4% | Added (+14%) |
| Chase Coleman (Tiger Global Management) | Q2 26 | 873K | $86.7M | 0.4% | Trimmed (-42%) |
| Ray Dalio (founder) (Bridgewater Associates) | Q2 26 | 635K | $63.1M | 0.3% | New position |
| George Soros (Soros Fund Management) | Q2 26 | 48.6K | $4.82M | <0.1% | Trimmed (-68%) |
From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.
Failed trades
Show the numbers
| Failed trades (fails to deliver) | |
|---|---|
| Jun 25 | 1.7K |
| Jun 29 | 80.3K |
| Jun 30 | 18.7K |
| Jul 1 | 5.2K |
| Jul 6 | 3.1K |
| Jul 7 | 8.4K |
| Jul 15 | 12.8K |
| Jul 17 | 1.3K |
| Jul 20 | 226 |
| Jul 21 | 1.3K |
| Jul 23 | 110K |
| Jul 24 | 200 |
| Jul 27 | 1.6M |
| Jul 28 | 369K |
| Aug 3 | 55.1K |
| Aug 5 | 37K |
| Aug 6 | 1.6K |
| Aug 10 | 2.8K |
| Aug 14 | 4.6K |
| Aug 18 | 496 |
| Aug 19 | 986 |
| Aug 20 | 125 |
| Aug 21 | 9.4K |
| Aug 24 | 10.7K |
| Aug 26 | 14.1K |
| Aug 28 | 7.3K |
| Aug 31 | 25.2K |
| Sep 2 | 63 |
| Sep 4 | 15.1K |
| Sep 8 | 2.1K |
| Sep 9 | 11.4K |
| Sep 16 | 6 |
| Sep 17 | 271 |
| Sep 18 | 15 |
| Sep 21 | 600 |
| Sep 24 | 513 |
| Sep 28 | 32 |
| Sep 29 | 919 |
| Oct 7 | 20 |
| Oct 14 | 41.2K |
From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.
Share offerings
Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.
- Aug 20, 2026S-8Registered shares for employee stock plans
- Jul 22, 2026S-8Registered shares for employee stock plans
- Jul 22, 2026S-8Registered shares for employee stock plans
- Apr 20, 2026S-8Registered shares for employee stock plans
- Mar 2, 2026S-8Registered shares for employee stock plans
- Mar 2, 2026S-8Registered shares for employee stock plans
- Dec 15, 2025424B7Prospectus for shares sold by existing holders
- Dec 15, 2025S-8Registered shares for employee stock plans
- Sep 26, 2025424B7Prospectus for shares sold by existing holders
- Jul 7, 2025S-8Registered shares for employee stock plans
- May 30, 2025424B7Prospectus for shares sold by existing holders
- May 30, 2025S-8Registered shares for employee stock plans
What they told the SEC, in plain English
Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.
- Oct 28, 20268-K/AReleased quarterly results
- Oct 28, 20268-KReleased quarterly results
- Jul 22, 20268-KReleased quarterly results
- May 22, 20268-KExecutive or board change; Shareholder vote results
- May 15, 20268-KSigned a major agreement; Took on new debt; Other news
- Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 22, 20268-KSigned a major agreement; Released quarterly results; Took on new debt
- Apr 1, 20268-KSigned a major agreement; Took on new debt
- Feb 17, 20268-KShared information with investors
- Feb 11, 20268-KExecutive or board change
- Jan 28, 20268-KReleased quarterly results; Other news
- Dec 23, 20258-KExecutive or board change
- Dec 15, 20258-KOther news
- Dec 5, 20258-KChanged its bylaws or fiscal year; Shareholder vote results
- Oct 29, 20258-KReleased quarterly results; Other news
- Sep 26, 20258-KOther news
- Jul 23, 20258-KReleased quarterly results
- May 30, 20258-KOther news
- May 27, 20258-KChanged its bylaws or fiscal year; Shareholder vote results
- Apr 23, 20258-KReleased quarterly results; Executive or board change
- Mar 10, 20258-KShared information with investors
- Feb 12, 20258-KChanged its bylaws or fiscal year
- Jan 29, 20258-KReleased quarterly results; Other news
- Dec 27, 20248-KExecutive or board change
What changed in the latest annual report
Comparing the risk factors in the 10-K filed Jan 29, 2026 with the one filed Jan 30, 2025: 0 new and 0 removed, out of 27.
Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.
Government contracts
$749K in federal contract money over the last 12 months, across 1 awards and changes.
| Date | Agency | What for | Amount |
|---|---|---|---|
| Jul 16, 2026 | Smithsonian Institution | SOFTWARE LICENSE RENEWAL | $749K |
From USAspending.gov. Amounts are money the government committed, which can be cut later.
Search inside ServiceNow's filings
Opens the SEC's own full-text search in a new tab, limited to NOW. Every NOW filing on EDGAR.