ServiceNow's Income Statement Analysis: Revenue to Profit Breakdown
ServiceNow's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$5.90 B | $7.25 B | $8.97 B | $10.98 B | $13.28 B | $13.96 B |
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Cost of Revenue Direct cost of goods/services. |
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$1.35 B | $1.57 B | $1.92 B | $2.29 B | $2.98 B | $3.27 B |
Gross Profit Revenue minus cost of revenue. |
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$4.54 B | $5.67 B | $7.05 B | $8.70 B | $10.30 B | $10.69 B |
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Operating Expense
Costs to run business. |
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$4.29 B | $5.32 B | $6.29 B | $7.33 B | $8.47 B | $8.81 B |
Research and Development Investment in innovation. |
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$1.40 B | $1.77 B | $2.12 B | $2.54 B | $2.96 B | $3.08 B |
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Sales, General and Administrative
Selling and admin costs. |
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$2.89 B | $3.55 B | $4.16 B | $4.79 B | $5.51 B | $5.73 B |
General and Administrative Corporate overhead costs. |
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$597.00 M | $735.00 M | $863.00 M | $936.00 M | $1.12 B | $1.18 B |
Sales and Marketing Customer acquisition costs. |
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$2.29 B | $2.81 B | $3.30 B | $3.85 B | $4.39 B | $4.55 B |
Other Expenses Other operating costs. |
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$20.00 M | - | - | - | - | - |
Operating Income Profit from operations. |
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$257.00 M | $355.00 M | $762.00 M | $1.36 B | $1.82 B | $1.88 B |
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Net Interest Income
Interest income minus expense. |
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-$8.00 M | $55.00 M | $278.00 M | $396.00 M | $451.00 M | $412.00 M |
Interest Income Income from investments. |
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$20.00 M | $82.00 M | $302.00 M | $419.00 M | $451.00 M | $424.00 M |
Interest Expense Cost of borrowing. |
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$28.00 M | $27.00 M | $24.00 M | $23.00 M | - | $12.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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- | -$71.00 M | -$270.00 M | -$397.00 M | -$437.00 M | -$345.00 M |
Total Other Income (Net) Net non-operating items. |
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-$8.00 M | $44.00 M | $246.00 M | $374.00 M | $437.00 M | $503.00 M |
Income Before Tax Profit before taxes. |
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$249.00 M | $399.00 M | $1.01 B | $1.74 B | $2.26 B | $2.38 B |
Income Tax Expense Taxes on income. |
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$19.00 M | $74.00 M | -$723.00 M | $313.00 M | $513.00 M | $622.00 M |
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Net Income
Final profit. |
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$230.00 M | $325.00 M | $1.73 B | $1.43 B | $1.75 B | $1.76 B |
Net Income From Continuing Operations Profit from core business. |
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$230.00 M | $325.00 M | $1.73 B | $1.43 B | $1.75 B | $1.76 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$1.16 | $1.61 | $8.48 | $6.92 | $1.69 | $1.69 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$1.13 | $1.60 | $8.42 | $6.84 | $1.67 | $1.68 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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198.09 M | 201.43 M | 204.14 M | 205.83 M | 1.04 B | 1.04 B |
Diluted Average Shares Outst. Shares including dilution. |
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203.17 M | 203.54 M | 205.59 M | 208.42 M | 1.05 B | 1.04 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$257.00 M | $426.00 M | $1.03 B | $1.76 B | $2.26 B | $2.22 B |
EBITDA Earnings before interest, tax, D&A. |
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$729.00 M | $768.00 M | $1.59 B | $2.23 B | $3.00 B | $3.06 B |
Depreciation and Amortization Non-cash expense for assets. |
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$472.00 M | $342.00 M | $562.00 M | $465.00 M | $738.00 M | $836.00 M |
| Company Report |
ServiceNow's Assets vs Liabilities & Equity
ServiceNow's Assets vs Liabilities & Equity
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