The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,748 | 1,425 | 1,731 | 325 |
| Depreciation and amortization | 738 | 564 | 562 | 433 |
| Amortization of deferred commissions | 621 | 550 | 459 | 358 |
| Amortization of debt discount and issuance costs | - | - | - | 0 |
| Stock-based compensation | 1,955 | 1,746 | 1,604 | 1,401 |
| Deferred income taxes | -249 | -98 | 857 | -15 |
| Repayments of convertible senior notes attributable to debt discount | - | - | - | 0 |
| Loss on extinguishment of 2022 notes | - | - | - | 0 |
| Other | 104 | -51 | 0 | 17 |
| Accounts receivable | 312 | 254 | 300 | 340 |
| Deferred commissions | 758 | 713 | 717 | 566 |
| Prepaid expenses and other assets | 384 | 332 | 203 | 39 |
| Accounts payable | 55 | -52 | -142 | 172 |
| Deferred revenue | 1,179 | 1,179 | 1,085 | 904 |
| Accrued expenses and other liabilities | 249 | 107 | 176 | 43 |
| Net cash provided by operating activities | 5,444 | 4,267 | 3,398 | 2,723 |
| Purchases of property and equipment | 868 | 852 | 694 | 550 |
| Business combinations, net of cash acquired | 1,084 | 113 | 282 | 91 |
| Purchases of other intangibles | 43 | 40 | - | 0 |
| Purchases of marketable securities | 2,814 | 5,031 | 4,634 | 4,038 |
| Purchases of non-marketable investments | - | - | - | 167 |
| Purchases of strategic investments | 1,056 | 181 | 75 | - |
| Sales and maturities of marketable securities | 4,138 | 3,752 | 3,522 | 2,245 |
| Other | -38 | 36 | 4 | -18 |
| Net cash used in investing activities | -1,689 | -2,501 | -2,167 | -2,583 |
| Net proceeds from borrowings on 2030 notes | - | - | - | 0 |
| Repayments of convertible senior notes attributable to principal | - | 0 | 0 | 94 |
| Net proceeds from unwind of 2022 note hedge | - | - | - | 0 |
| Proceeds from employee stock plans | 270 | 237 | 194 | 177 |
| Repurchases of common stock | 1,840 | 696 | 538 | - |
| Taxes paid related to net share settlement of equity awards | 770 | 700 | 459 | 427 |
| Business combination | 0 | 184 | - | - |
| Net cash used in financing activities | -2,340 | -1,343 | -803 | -344 |
| Foreign currency effect on cash, cash equivalents and restricted cash | 7 | -17 | 1 | -53 |
| Net change in cash, cash equivalents and restricted cash | 1,422 | 406 | 429 | -257 |
| Cash and cash equivalents at beginning of period | 2,310 | 1,904 | 1,475 | 1,732 |
| Cash and cash equivalents at end of period | 3,732 | 2,310 | 1,904 | 1,475 |
ServiceNow, Inc. (NOW)
ServiceNow, Inc. (NOW)