ServiceNow, Inc. R&D Expense 2010-2025 | NOW
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is ServiceNow, Inc.'s current r&d expense?
ServiceNow, Inc. (NOW) annual r&d expense for 2025 was $2.96B, a 16.40% increase from 2024. ServiceNow, Inc. r&d expense for the quarter ending December 31, 2025 was $773.0M.
What was ServiceNow, Inc.'s r&d expense in 2024?
ServiceNow, Inc. annual r&d expense for 2024 was $2.54B, a 19.73% increase from 2023.
What was ServiceNow, Inc.'s r&d expense in 2023?
ServiceNow, Inc. annual r&d expense for 2023 was $2.12B, a 20.14% increase from 2022.
What is ServiceNow, Inc.'s 5-year r&d expense CAGR?
ServiceNow, Inc. r&d expense grew at a compound annual growth rate (CAGR) of 23.65% from FY2020 to FY2025, going from $1.02B to $2.96B over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+23.7%
FY2020
$1.02B
→
FY2025
$2.96B
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $2.96B | +16.4% | 10-K |
| FY2024 | $2.54B | +19.7% | 10-K |
| FY2023 | $2.12B | +20.1% | 10-K |
| FY2022 | $1.77B | +26.6% | 10-K |
| FY2021 | $1.40B | +36.4% | 10-K |
| FY2020 | $1.02B | +36.7% | 10-K |
| FY2019 | $749.0M | +41.5% | 10-K |
| FY2018 | $529.5M | +40.3% | 10-K |
| FY2017 | $377.5M | +32.4% | 10-K |
| FY2016 | $285.2M | +31.2% | 10-K |
| FY2015 | $217.4M | +46.6% | 10-K |
| FY2014 | $148.3M | +88.4% | 10-K |
| FY2013 | $78.7M | +100.0% | 10-K |
| FY2012 | $39.3M | +461.6% | 10-K |
| FY2011 | $7.0M | +154.0% | 10-K |
| FY2010 | $2.8M | - | 10-K |
Company: ServiceNow, Inc.Ticker: NOWSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →