Stock Analysis on Net
Stock Analysis on Net

ServiceNow Inc. (NYSE:NOW)

Common-Size Income Statement
Quarterly Data

ServiceNow Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Subscription 96.93 97.05 96.85 96.51 96.56 95.88 95.14 94.63 94.72 94.30 94.38 94.39 95.07 94.71 94.74 94.83 95.06 94.48 94.25 93.65 93.80
Professional services and other 3.07 2.95 3.15 3.49 3.44 4.12 4.86 5.37 5.28 5.70 5.62 5.61 4.93 5.29 5.26 5.17 4.94 5.52 5.75 6.35 6.20
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Subscription -16.94 -18.18 -18.36 -18.09 -16.89 -16.70 -16.44 -16.38 -15.97 -17.46 -17.46 -17.60 -16.76 -16.79 -16.43 -16.06 -15.26 -15.58 -15.73 -16.25 -16.05
Professional services and other -3.03 -3.00 -3.32 -3.81 -4.01 -4.69 -5.41 -5.82 -5.46 -5.76 -5.69 -5.75 -5.22 -5.53 -5.42 -5.70 -6.08 -6.64 -6.94 -7.52 -7.56
Cost of revenues -19.98% -21.17% -21.68% -21.91% -20.90% -21.39% -21.85% -22.20% -21.43% -23.22% -23.15% -23.35% -21.99% -22.32% -21.85% -21.75% -21.35% -22.22% -22.67% -23.76% -23.61%
Gross profit 80.02% 78.83% 78.32% 78.09% 79.10% 78.61% 78.15% 77.80% 78.57% 76.78% 76.85% 76.65% 78.01% 77.68% 78.15% 78.25% 78.65% 77.78% 77.33% 76.24% 76.39%
Sales and marketing -35.46 -34.76 -34.92 -38.70 -39.27 -37.22 -38.07 -41.21 -39.08 -39.13 -38.29 -39.53 -38.53 -42.70 -39.36 -39.83 -42.17 -43.71 -40.98 -47.24 -45.81
Research and development -23.28 -23.06 -23.99 -24.23 -23.47 -23.40 -24.90 -25.34 -24.04 -24.27 -23.68 -23.63 -23.09 -22.74 -23.29 -22.89 -21.66 -21.26 -21.46 -22.00 -21.87
General and administrative -8.53 -9.93 -9.31 -9.72 -9.49 -10.00 -10.21 -9.99 -10.39 -11.21 -9.99 -9.87 -9.26 -10.81 -9.48 -9.72 -10.11 -9.82 -8.54 -10.25 -10.71
Operating expenses -67.27% -67.75% -68.23% -72.65% -72.23% -70.62% -73.18% -76.54% -73.52% -74.61% -71.96% -73.03% -70.88% -76.24% -72.13% -72.43% -73.94% -74.79% -70.97% -79.48% -78.38%
Income (loss) from operations 12.75% 11.08% 10.10% 5.44% 6.87% 7.99% 4.97% 1.26% 5.05% 2.17% 4.89% 3.62% 7.13% 1.43% 6.02% 5.81% 4.72% 3.00% 6.36% -3.24% -1.99%
Interest income 3.88 3.53 3.58 3.44 2.86 1.96 1.42 0.68 0.35 -0.43 -0.46 -0.50 -0.51 -0.62 -0.69 -0.79 -0.82 -0.89 -0.94 -0.99 -1.04
Other income (expense), net -0.31 -0.37 -0.61 -0.79 -0.76 -0.52 -0.82 -0.29 -0.46 0.25 0.07 0.43 0.66 0.25 -3.12 0.77 0.73 1.49 1.45 2.27 1.57
Income (loss) before income taxes 16.33% 14.24% 13.07% 8.09% 8.97% 9.43% 5.57% 1.66% 4.94% 1.98% 4.50% 3.55% 7.28% 1.07% 2.21% 5.79% 4.62% 3.59% 6.86% -1.96% -1.45%
(Provision for) benefit from income taxes -3.00 -2.13 -2.49 40.47 -1.81 -1.70 -1.20 -0.51 -0.58 -0.37 -0.33 0.64 -1.25 0.26 -1.09 -1.99 -0.01 59.31 -2.28 0.63 1.26
Net income (loss) 13.33% 12.11% 10.58% 48.56% 7.16% 7.73% 4.37% 1.14% 4.36% 1.61% 4.17% 4.19% 6.03% 1.33% 1.12% 3.81% 4.61% 62.91% 4.58% -1.33% -0.20%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. ServiceNow Inc. income (loss) from operations as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. ServiceNow Inc. income (loss) before income taxes as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. ServiceNow Inc. net income (loss) as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.