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ServiceNow, Inc. (NOW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Total revenues  7,245.05,896.04,519.03,460.02,608.81,918.51,391.01,005.5
            Total revenues growth  22.9%30.5%30.6%32.6%36.0%37.9%38.3%47.3%
Cost of revenues:          
Total cost of revenues  1,573.01,353.0987.0796.0622.7499.9399.0329.4
    Gross profit  5,672.04,543.03,532.02,664.01,986.21,418.6992.0676.1
            Gross margin  78.3%77.1%78.2%77.0%76.1%73.9%71.3%67.2%
   
Operating expenses:          
Sales and marketing  2,814.02,292.01,855.01,534.01,203.1895.0660.0498.4
Research and development  1,768.01,397.01,024.0749.0529.5377.5285.2217.4
General and administrative  735.0597.0454.0339.0296.0210.5158.9126.6
    Total operating expenses  5,317.04,286.03,333.02,622.02,028.61,483.01,374.2842.4
    Income from operations  355.0257.0199.042.0-42.4-64.4-382.2-166.4
            Operating margin  4.9%4.4%4.4%1.2%-1.6%-3.4%-27.5%-16.5%
Interest expense  -27.0-28.0-33.0-33.0-52.7-53.4-33.3-31.1
Other income, net  -71.020.0-16.058.056.1   
    Income before income taxes   249.0150.067.0    
Provision for income taxes  74.019.031.0-560.0-12.33.43.85.4
    Net income  325.0230.1118.5626.7-26.7-116.8-414.2-198.4
   
Net income per share - basic (in USD per share)  $1.61$1.16$0.61$3.36($0.15)($0.68)($2.52)($1.27)
Net income per share - diluted (in USD per share)  $1.60$1.13$0.59$3.18($0.15)($0.68)($2.52)($1.27)
   
Weighted-average shares used to compute net income per share - basic (in shares)  201.0198.1193.1186.5177.8171.2164.5155.7
Weighted-average shares used to compute net income per share - diluted  204.0203.2202.5197.2177.8171.2164.5155.7
   
Other comprehensive income (loss):          
Foreign currency translation adjustments   -41.066.020.0-1.923.1-6.5-3.2
   
    Other comprehensive income (loss)          
    Comprehensive income (loss)   170.0188.0656.0-29.3-88.4-420.1-203.2

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