ServiceNow Inc. (NOW) Financial Statements (2024 and earlier)

Company Profile

Business Address 2225 LAWSON LANE
SANTA CLARA, CA 95054
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,2803,3043,0921,6911,4981,779
Cash and cash equivalents1,4701,7281,677776566726
Short-term investments2,8101,5761,4159159321,053
Restricted cash and investments543221
Receivables1,7251,3901,009835575435
Contract with customer, asset, after allowance for credit loss369303229175140
Deferred costs      119
Other undisclosed current assets27521918912313076
Total current assets:6,6545,2204,5222,8272,3452,411
Noncurrent Assets
Operating lease, right-of-use asset682591454 
Property, plant and equipment1,053766660468347245
Long-term investments and receivables2,1171,6301,4681,036582391
Long-term investments2,1171,6301,4681,036582391
Intangible assets, net (including goodwill)1,0561,064394301249216
Goodwill824777241157149129
Intangible assets, net (excluding goodwill)23228715314410187
Contract with customer, asset, after allowance for credit loss742623444333282
Deferred costs      86
Deferred income tax assets636692673 
Other noncurrent assets359212100787350
Other undisclosed noncurrent assets    980  
Total noncurrent assets:6,6455,5784,1933,1961,534987
TOTAL ASSETS:13,29910,7988,7156,0223,8793,398
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,249939702514361277
Accounts payable2748934533132
Accrued liabilities975850668461330245
Deferred revenue4,6603,8362,963 
Debt  92 53 543
Deferred revenue and credits1,280
Contract with customer, liability2,1861,652
Other undisclosed current liabilities968272   
Total current liabilities:6,0054,9493,7372,7532,0132,101
Noncurrent Liabilities
Long-term debt and lease obligation1,4862,0402,063695662630
Long-term debt, excluding current maturities1,4861,4841,640695662630
Liabilities, other than long-term debt77611481649483
Deferred revenue and credits40
Deferred revenue706345 
Contract with customer, liability4039
Other liabilities565135235543
Operating lease, liability650556423 
Other undisclosed noncurrent liabilities    383  
Total noncurrent liabilities:2,2622,1542,1431,142755713
Total liabilities:8,2677,1035,8813,8942,7682,814
Equity
Equity, attributable to parent5,0323,6952,8342,1281,111584
Common stock   0000
Treasury stock, value      
Additional paid in capital4,7963,6652,9742,4552,0941,731
Accumulated other comprehensive income (loss)(102)349425(4)(1)
Retained earnings (accumulated deficit)338(4)(234)(352)(979)(1,147)
Total equity:5,0323,6952,8342,1281,111584
TOTAL LIABILITIES AND EQUITY:13,29910,7988,7156,0223,8793,398

Income Statement (P&L) ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues7,2455,8964,5193,4602,6091,933
Revenue, net1,933
Cost of revenue(1,573)(1,353)(987)(797)(623)(500)
Cost of goods and services sold      (500)
Gross profit:5,6724,5433,5322,6641,9861,433
Operating expenses(5,317)(4,286)(3,334)(2,622)(2,029)(1,535)
Operating income (loss):35525719942(42)(101)
Nonoperating income (expense)7120(17)58566
Other nonoperating income (expense)7120(17)   
Interest and debt expense (27)(28)(33)(33)(53)(53)
Income (loss) from continuing operations before equity method investments, income taxes:39924914967(39)(149)
Other undisclosed income from continuing operations before income taxes      
Income (loss) from continuing operations before income taxes:39924914967(39)(149)
Income tax expense (benefit)(74)(19)(31)56012(0)
Income (loss) from continuing operations:325230119627(27)(149)
Income (loss) before gain (loss) on sale of properties:230119627(27)(149)
Net income (loss):325230119627(27)(149)
Other undisclosed net income attributable to parent  0    
Net income (loss) available to common stockholders, diluted:325230119627(27)(149)

Comprehensive Income ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):325230119627(27)(149)
Other comprehensive income (loss)(136)(60)6929(3)20
Comprehensive income (loss), net of tax, attributable to parent:189170187656(29)(129)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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