ServiceNow, Inc. (NOW)

ServiceNow Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	9,478	8,971	7,245	5,896	4,519	3,460
Revenue Growth (YoY)	24.40%	23.82%	22.88%	30.47%	30.61%	32.63%
Cost of Revenue	2,003	1,921	1,573	1,353	987	796
Gross Profit	7,475	7,050	5,672	4,543	3,532	2,664
Selling, General & Admin	4,287	4,164	3,549	2,889	2,309	1,873
Research & Development	2,238	2,124	1,768	1,397	1,024	749
Operating Expenses	6,525	6,288	5,317	4,286	3,333	2,622
Operating Income	950	762	355	257	199	42
Interest Expense / Income	0	0	0	0	33	33
Other Expense / Income	-295	-246	-44	8	16	-58
Pretax Income	1,245	1,008	399	249	150	67
Income Tax	-683	-723	74	19	31	-560
Net Income	1,928	1,731	325	230	119	627
Net Income Growth	382.00%	432.62%	41.30%	93.28%	-81.02%	-
Shares Outstanding (Basic)	205	204	201	198	193	186
Shares Outstanding (Diluted)	208	206	204	203	202	197
Shares Change	1.67%	1.01%	0.18%	0.34%	2.66%	10.90%
EPS (Basic)	9.43	8.48	1.61	1.16	0.61	3.36
EPS (Diluted)	9.34	8.42	1.60	1.13	0.59	3.18
EPS Growth	376.53%	426.25%	41.59%	91.53%	-81.45%	-
Free Cash Flow	3,173	2,704	2,173	1,799	1,354	898
Free Cash Flow Per Share	15.47	13.25	10.79	9.08	7.01	4.82
Gross Margin	78.87%	78.59%	78.29%	77.05%	78.16%	76.99%
Operating Margin	10.02%	8.49%	4.90%	4.36%	4.40%	1.21%
Profit Margin	20.34%	19.30%	4.49%	3.90%	2.63%	18.12%
Free Cash Flow Margin	33.48%	30.14%	29.99%	30.51%	29.96%	25.95%
Effective Tax Rate	-54.86%	-71.73%	18.55%	7.63%	20.67%	-835.82%
EBITDA	1,811	1,570	832	721	519	352
EBITDA Margin	19.11%	17.50%	11.48%	12.23%	11.48%	10.17%
Depreciation & Amortization	566	562	433	472	336	252
EBIT	1,245	1,008	399	249	183	100
EBIT Margin	13.14%	11.24%	5.51%	4.22%	4.05%	2.89%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).