NOW Q1 2023 Earnings — ServiceNow, Inc. Revenue & Financial Results | Market Cap Arena

NOWServiceNow, Inc.

$123B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$2.1B+21.7% YoY

Gross Profit

$1.7B79.1% margin

Operating Income

$144M6.9% margin

Net Income

$150M7.2% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$902M

Free Cash Flow

$737M

Stock-Based Comp.

$381M

Balance Sheet

Total Assets

$13.6B

Total Liabilities

$8.0B

Stockholders' Equity

$5.6B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.7B	+21.7%
Gross Profit	$1.7B	$1.4B	+22.5%
Operating Income	$144M	$87M	+65.5%
Net Income	$150M	$75M	+100.0%

Revenue Segments

License and Service, Digital Workflow Products

$1.8B85%

License and Service, ITOM Products

$234M11%

Technology Service

$72M3%

Geographic Segments

North America

$1.3B64%

EMEA

$532M25%

Asia Pacific And Other

$220M10%