ServiceNow, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on October 28, 2026, reporting total revenues of $4,106 million and net income of $277 million for the third quarter.

Key Highlights

  • Total Q3 2026 revenues: $4,106 million, up from $3,407 million in Q3 2025, according to the filing.
  • Subscription revenue: $3,988 million for the three months ended September 30, 2026, compared with $3,299 million in the prior-year period.
  • Net income: $277 million for Q3 2026, down from $502 million in Q3 2025.
  • Diluted net income per share: $0.27 for the three months ended September 30, 2026, versus $0.48 in the same period of 2025.
  • Nine-month total revenues: $11,863 million for the nine months ended September 30, 2026, compared with $9,710 million for the same period in 2025.
  • Total assets: $31,830 million as of September 30, 2026, up from $26,038 million as of December 31, 2025, driven in part by goodwill rising to $10,012 million from $3,578 million.
  • Shares outstanding: approximately 1,038 million shares of common stock as of September 30, 2026, as reported in the filing.

ServiceNow Q3 2026 Financial Results: Revenue Growth, Higher Costs, and Expanded Balance Sheet

According to the Form 10-Q filed with the SEC for the quarter ended September 30, 2026, ServiceNow, Inc. (NYSE:NOW) reported total revenues of $4,106 million for the three months ended September 30, 2026, compared with $3,407 million in the same quarter of 2025. Subscription revenue accounted for $3,988 million of the Q3 2026 total, with professional services and other revenue contributing $118 million. For the nine-month period, the company reported total revenues of $11,863 million against $9,710 million in the prior-year nine-month period.

Total cost of revenues increased to $1,211 million in Q3 2026 from $774 million in Q3 2025, the filing disclosed, resulting in gross profit of $2,895 million for the quarter versus $2,633 million a year earlier. Total operating expenses rose to $2,510 million from $2,061 million. Income from operations for Q3 2026 was $385 million, compared with $572 million in Q3 2025. After accounting for interest income of $69 million, interest expense of $81 million, and other expense, net, of $3 million, income before income taxes was $370 million. A provision for income taxes of $93 million resulted in net income of $277 million, down from $502 million in Q3 2025. Diluted earnings per share were $0.27 versus $0.48 a year earlier.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $31,830 million, up from $26,038 million as of December 31, 2025. The filing attributed a substantial portion of the increase to goodwill, which rose to $10,012 million from $3,578 million, and intangible assets, net, which increased to $3,594 million from $1,121 million, reflecting business combination activity disclosed in Note 5. Long-term debt, net, increased to $5,438 million from $1,491 million, and short-term debt, net, of $2,086 million appeared on the balance sheet where none was reported at year-end 2025. Treasury stock stood at $5,366 million as of September 30, 2026, reflecting repurchase activity during the period. Stock-based compensation included in operating expenses totaled $282 million for research and development and $175 million for sales and marketing in Q3 2026 alone, according to the filing.

What Was Disclosed

ServiceNow filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing revenues, earnings, balance sheet data, and details on business combinations, debt, equity awards, and stock repurchase activity for the period.