NOW Q1 2024 Earnings — ServiceNow, Inc. Revenue & Financial Results | Market Cap Arena

NOWServiceNow, Inc.

$123B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$2.6B+24.2% YoY

Gross Profit

$2.1B80.0% margin

Operating Income

$332M12.8% margin

Net Income

$347M13.3% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.2B

Stock-Based Comp.

$422M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$9.4B

Stockholders' Equity

$8.1B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.1B	+24.2%
Gross Profit	$2.1B	$1.7B	+25.6%
Operating Income	$332M	$144M	+130.6%
Net Income	$347M	$150M	+131.3%

Revenue Segments

License and Service, Digital Workflow Products

$2.2B86%

License and Service, ITOM Products

$292M11%

Technology Service

$80M3%

Geographic Segments

North America

$1.6B63%

EMEA

$676M26%

Asia Pacific And Other

$290M11%