ServiceNow Research and Development Expenses 2010-2024 | NOW

ServiceNow annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • ServiceNow research and development expenses for the quarter ending September 30, 2024 were $0.626B, a 14.03% increase year-over-year.
  • ServiceNow research and development expenses for the twelve months ending September 30, 2024 were $2.437B, a 20.88% increase year-over-year.
  • ServiceNow annual research and development expenses for 2023 were $2.124B, a 20.14% increase from 2022.
  • ServiceNow annual research and development expenses for 2022 were $1.768B, a 26.56% increase from 2021.
  • ServiceNow annual research and development expenses for 2021 were $1.397B, a 36.43% increase from 2020.
ServiceNow Annual Research and Development Expenses
(Millions of US $)
2023 $2,124
2022 $1,768
2021 $1,397
2020 $1,024
2019 $749
2018 $530
2017 $378
2016 $285
2015 $217
2014 $148
2013 $79
2012 $39
2011 $
2011 $7
2010 $
2010 $7
2009 $
2009 $2
ServiceNow Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $626
2024-06-30 $643
2024-03-31 $606
2023-12-31 $562
2023-09-30 $549
2023-06-30 $521
2023-03-31 $492
2022-12-31 $454
2022-09-30 $456
2022-06-30 $444
2022-03-31 $414
2021-12-31 $392
2021-09-30 $358
2021-06-30 $333
2021-03-31 $314
2020-12-31 $284
2020-09-30 $268
2020-06-30 $245
2020-03-31 $227
2019-12-31 $203
2019-09-30 $190
2019-06-30 $183
2019-03-31 $173
2018-12-31 $149
2018-09-30 $136
2018-06-30 $128
2018-03-31 $117
2017-12-31 $105
2017-09-30 $98
2017-06-30 $90
2017-03-31 $84
2016-12-31 $74
2016-09-30 $75
2016-06-30 $70
2016-03-31 $66
2015-12-31 $58
2015-09-30 $56
2015-06-30 $53
2015-03-31 $50
2014-12-31 $42
2014-09-30 $40
2014-06-30 $35
2014-03-31 $31
2013-12-31 $24
2013-09-30 $21
2013-06-30 $18
2013-03-31 $16
2012-12-31 $13
2012-09-30 $11
2012-06-30 $9
2012-03-31 $6
2011-12-31
2011-09-30 $3
2011-06-30 $2
2011-03-31
2010-06-30
2009-06-30
Sector Industry Market Cap Revenue
Computer and Technology Information Technology Services $210.553B $8.971B
ServiceNow Inc. provides cloud computing services that automate digital workflows to accelerate enterprise IT operations. The company's Now Platform enables enterprises to enhance productivity by streamlining system processes. By utilizing its product portfolio, customers can reduce the manual time taken by complex processes and consequently optimize total cost of ownership. Its solutions address the needs of many departments within an enterprise, including IT, HR, facilities, field service, marketing, customer service, security, legal & finance. The company has 3 product suites for IT management and operations: IT Service Management, IT Operations Management and IT Business Management solutions. Non-IT products include Customer Service, HR and Security Operations. Its end-markets include financial services, consumer products, IT services, health care, government, education and technology. ServiceNow derives revenues from two sources: subscriptions and professional services & others.
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