ServiceNow (NOW) Q3 2025 10-Q Quarterly Report

Filed: Oct 30, 2025Period ending Sep 30, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

ServiceNow (NOW) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 30, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

ServiceNow Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $3,407M, up 22% YoY; subscription revenue $3,299M (+22%), professional services $108M (+32%) for Q3 2025 vs Q3 2024
  • Operating margin approx. 33%, total gross profit margin 77% vs 79% YoY; subscription gross margin 80% vs 82% YoY
  • Best segment: subscription with $3,299M revenue (+22%), 80% gross profit margin; worst: professional services with breakeven gross margin vs -7% YoY
  • Operating cash flow $3,206M, up 22% YoY; repurchased 1.3M shares for $1,243M YTD; investing cash outflow $1,191M lower than prior year
  • Management expects revenue growth and flat subscription % of revenue in 2025; anticipates slight decrease in subscription gross margin and slight increase in professional services gross loss percentage

Risk Factors

  • No new risk factors added this quarter, per unchanged 10-Q risk disclosure
  • Most materially updated risk: None, risk factors unchanged since 10-K
  • Regulatory risk: No new compliance or legal risks disclosed this quarter
  • Operational risk: No new operational, competitive, or market risks introduced
  • Financial risk: Liquidity and debt-related risks remain as previously disclosed

ServiceNow Q3 2025 Quarterly Financials
XBRL

Revenue

$3.4B

+21.8% YoY +6.0% QoQ

Net Income

$502M

+16.2% YoY +30.4% QoQ

Net Margin

14.7%

-71bp YoY +276bp QoQ

Source: XBRL data from ServiceNow Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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