ServiceNow Historical Income Statement

NOW Stock  USD 1,041  28.67  2.68%   
Historical analysis of ServiceNow income statement accounts such as Total Revenue of 9.4 B can show how well ServiceNow performed in making a profits. Evaluating ServiceNow income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ServiceNow's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ServiceNow latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ServiceNow is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

About ServiceNow Income Statement Analysis

ServiceNow Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ServiceNow shareholders. The income statement also shows ServiceNow investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ServiceNow Income Statement Chart

At this time, ServiceNow's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 6.6 B in 2024, despite the fact that Income Tax Expense is likely to grow to (686.9 M).

Total Revenue

Total revenue comprises all receipts ServiceNow generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ServiceNow minus its cost of goods sold. It is profit before ServiceNow operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ServiceNow. It is also known as ServiceNow overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from ServiceNow's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ServiceNow current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.At this time, ServiceNow's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 6.6 B in 2024, despite the fact that Income Tax Expense is likely to grow to (686.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.5B5.7B7.1B7.4B
Total Revenue5.9B7.2B9.0B9.4B

ServiceNow income statement Correlations

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ServiceNow Account Relationship Matchups

ServiceNow income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K271M388M342M526M552.3M
Interest Expense33.3M32.7M28M27M25M21.0M
Selling General Administrative339.0M454.2M597M735M863M906.2M
Total Revenue3.5B4.5B5.9B7.2B9.0B9.4B
Gross Profit2.7B3.5B4.5B5.7B7.1B7.4B
Other Operating Expenses3.4B4.3B5.6B6.9B8.2B8.6B
Operating Income100.5M198.9M257M355M762M800.1M
Ebit352.4M181.9M(131M)426M762M800.1M
Research Development748.4M1.0B1.4B1.8B2.1B2.2B
Ebitda352.6M452.9M257M768M1.3B1.4B
Cost Of Revenue796.6M987.1M1.4B1.6B1.9B2.0B
Total Operating Expenses2.6B3.3B4.3B5.3B6.3B6.6B
Income Before Tax67.2M149.2M249M399M1.0B1.1B
Total Other Income Expense Net(33.3M)(49.7M)(8M)44M246M258.3M
Net Income626.7M119M230M325M1.7B1.8B
Income Tax Expense(559.5M)30.7M19M74M(723M)(686.9M)
Selling And Marketing Expenses1.5B1.9B2.3B2.8B3.3B3.5B
Net Income Applicable To Common Shares626.7M118.5M230M325M373.8M392.4M
Net Income From Continuing Ops626.7M118.5M230M325M1.6B1.7B
Non Operating Income Net Other56.1M58.3M(16.9M)20M23M12.1M
Tax Provision(559.5M)30.7M19M74M(742M)(704.9M)
Interest Income55.4M49.7M28M27M255M267.8M
Net Interest Income22.1M(32.7M)(28M)(27M)230M241.5M
Reconciled Depreciation252.1M336.4M472M433M526M358.8M

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Additional Tools for ServiceNow Stock Analysis

When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.