Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
ServiceNow Inc. pages available for free this week:
- Statement of Comprehensive Income
- Common-Size Balance Sheet: Assets
- Analysis of Liquidity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Price to FCFE (P/FCFE)
- Current Ratio since 2012
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to ServiceNow Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
ServiceNow Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 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).
The total asset base exhibits substantial growth over the analyzed period, expanding from 8,822 million US dollars in March 2021 to 24,381 million US dollars by March 2026. This trajectory reflects a significant scaling of the organization's balance sheet, driven by both organic operational expansion and a marked increase in inorganic growth indicators toward the end of the timeline.
- Liquidity and Current Asset Management
- Current assets increased from 4,524 million US dollars to 8,435 million US dollars. Cash and cash equivalents demonstrate volatility but maintain a general upward trend, peaking at 3,726 million US dollars in December 2025. Marketable securities (short-term) grew steadily from 1,635 million US dollars to a peak of 3,458 million US dollars in December 2024 before moderating to 2,480 million US dollars by March 2026. A recurring seasonal pattern is evident in accounts receivable, which consistently spikes every December, reflecting year-end billing cycles and contract renewals.
- Fixed and Long-Term Operational Assets
- Net property and equipment show consistent growth, rising from 693 million US dollars in March 2021 to 2,250 million US dollars in March 2026, indicating ongoing investment in physical infrastructure. Operating lease right-of-use assets remained relatively stable with a gradual increase, moving from 455 million US dollars to 831 million US dollars. Deferred commissions, both current and non-current, have scaled upward, suggesting an increase in customer acquisition costs and sales investments associated with revenue growth.
- Inorganic Growth and Strategic Investments
- A dramatic shift in asset composition occurs between December 2024 and March 2026. Goodwill experienced an exponential increase, rising from 1,273 million US dollars in December 2024 to 4,541 million US dollars in March 2026. Similarly, net intangible assets surged from 209 million US dollars to 1,479 million US dollars in the same window. The appearance of strategic investments starting in September 2025 at 1,508 million US dollars further corroborates a strategic pivot toward acquisitions and external partnerships.
- Financial Instruments and Tax Assets
- Long-term marketable securities trended upward for several years, peaking at 4,655 million US dollars in June 2025 before declining to 2,724 million US dollars by March 2026, potentially indicating the liquidation of long-term holdings to fund the aforementioned acquisitions. Deferred tax assets saw a notable jump in June 2023 to 1,551 million US dollars, followed by a gradual decline to 914 million US dollars by the end of the period.
In summary, the balance sheet evolves from a lean, liquidity-focused position into a significantly larger structure characterized by heavy investment in intangible assets and goodwill. The transition suggests that while early growth was driven by operational scaling, the most recent periods are defined by aggressive strategic acquisitions and expanded investment activities.