ServiceNow debt and dilution80

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$7,517M

Cash & equivalents

USD millions

$2,503M

Net debt

USD millions

$5,014M

Debt / equity

0.6×

Debt / assets

23.74%

Net debt / EBITDA

× · TTM

1.82×

Debt / FCF

× · TTM

1.64×

Interest coverage

× · TTM

—

Current ratio

0.7×

Diluted shares

Million shares

1,034.33M shares

Basic shares

Million shares

1,031.35M shares

Share count growth

-0.43%

Share repurchases

USD millions

$0M

Quarterly data

ServiceNow capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	7,517	2,503	5,014	0.6×	23.74%	1.82×	1.64×	—	0.7×	1,034.33	1,031.35	-0.43%	0
FY 2026 Q1	Mar 31, 2026	—	2,702	—	—	—	—	—	—	0.84×	1,039.88	1,035.14	0.1%	2,225
FY 2025 Q4	Dec 31, 2025	1,491	3,726	-2,235	0.12×	5.73%	-0.87×	0.33×	—	1×	1,046.22	1,039.05	0.68%	597
FY 2025 Q3	Sep 30, 2025	—	2,725	—	—	—	—	—	—	1.06×	1,047.53	1,038.15	0.71%	584
FY 2025 Q2	Jun 30, 2025	—	3,124	—	—	—	—	—	—	1.09×	1,046.61	1,035.82	0.74%	361
FY 2025 Q1	Mar 31, 2025	—	3,369	—	—	—	—	—	—	1.12×	1,046.86	1,034.1	0.83%	298
FY 2024 Q4	Dec 31, 2024	—	2,304	—	—	—	—	—	—	1.1×	1,048.35	1,032.07	0.86%	296
FY 2024 Q3	Sep 30, 2024	—	1,885	—	—	—	—	—	—	1.13×	1,042.76	1,030.79	0.83%	225
FY 2024 Q2	Jun 30, 2024	—	2,159	—	—	—	—	—	—	1.12×	1,039	1,028.22	0.8%	0
FY 2024 Q1	Mar 31, 2024	—	2,056	—	—	—	—	—	—	1.05×	1,038.42	1,025.54	0.85%	175
FY 2023 Q4	Dec 31, 2023	—	1,897	—	—	—	—	—	—	1.06×	1,033.85	1,023.3	1%	256
FY 2023 Q3	Sep 30, 2023	—	1,112	—	—	—	—	—	—	1.08×	1,031.39	1,022.32	1.2%	282
FY 2023 Q2	Jun 30, 2023	—	1,663	—	—	—	—	—	—	1.14×	1,026.76	1,020.1	1.53%	0
FY 2023 Q1	Mar 31, 2023	—	1,852	—	—	—	—	—	—	1.17×	1,021.32	1,016.93	1.65%	0
FY 2022 Q4	Dec 31, 2022	1,486	1,470	16	0.3×	11.17%	0.02×	0.68×	13.15×	1.11×	1,020.42	1,013.14	1.66%	0
FY 2022 Q3	Sep 30, 2022	—	1,248	—	—	—	—	—	8.7×	1.24×	1,015.61	1,010.22	1.73%	—
FY 2022 Q2	Jun 30, 2022	—	1,664	—	—	—	—	—	8.38×	1.12×	1,015.09	1,004.78	1.59%	—
FY 2022 Q1	Mar 31, 2022	—	2,252	—	—	—	—	—	9.15×	1.12×	1,014	1,000.44	1.76%	—
FY 2021 Q4	Dec 31, 2021	—	1,728	—	—	—	—	—	9.18×	1.05×	1,022.33	996.61	3.4%	—
FY 2021 Q3	Sep 30, 2021	1,577	1,400	177	0.45×	16.64%	0.26×	0.98×	8.36×	1.13×	1,015.62	993	2.78%	—
FY 2021 Q2	Jun 30, 2021	1,582	1,362	220	0.48×	17.22%	0.35×	1.03×	7.92×	1.08×	1,011.37	989.08	3.4%	—
FY 2021 Q1	Mar 31, 2021	—	1,821	—	—	—	—	—	7.91×	1.23×	1,011.34	983.12	3.4%	—
FY 2020 Q4	Dec 31, 2020	1,640	1,676.79	-36.79	0.58×	18.82%	-0.07×	1.2×	6.07×	1.21×	1,007.04	963.89	2.1%	—
FY 2020 Q3	Sep 30, 2020	—	1,348.29	—	—	—	—	—	6.25×	1.4×	1,009.31	966.19	2.75%	—
FY 2020 Q2	Jun 30, 2020	—	837.31	—	—	—	—	—	5.79×	1.17×	1,007.27	956.59	2.49%	—
FY 2020 Q1	Mar 31, 2020	—	808.73	—	—	—	—	—	3.18×	1.03×	999.69	950.82	4.45%	—
FY 2019 Q4	Dec 31, 2019	—	775.78	—	—	—	—	—	1.27×	1.03×	993.3	944.05	5.03%	—
FY 2019 Q3	Sep 30, 2019	—	622.93	—	—	—	—	—	0.41×	1.05×	989.39	940.37	5.23%	—
FY 2019 Q2	Jun 30, 2019	—	583.58	—	—	—	—	—	-0.9×	1.1×	933.39	933.39	—	—
FY 2019 Q1	Mar 31, 2019	—	639.72	—	—	—	—	—	-0.86×	1.13×	910.31	910.31	3.75%	—
FY 2018 Q4	Dec 31, 2018	—	566.2	—	—	—	—	—	-0.8×	1.17×	898.84	898.84	3.55%	0
FY 2018 Q3	Sep 30, 2018	—	703.63	—	—	—	—	—	-0.92×	1.26×	960.95	893.6	3.98%	0
FY 2018 Q2	Jun 30, 2018	—	704.85	—	—	—	—	—	-1.1×	1.28×	—	—	—	—
FY 2018 Q1	Mar 31, 2018	—	682.85	—	—	—	—	—	-1.28×	1.19×	951.25	877.41	3.99%	—
FY 2017 Q4	Dec 31, 2017	—	726.5	—	—	—	—	—	-1.9×	1.15×	867.99	867.99	—	0
FY 2017 Q3	Sep 30, 2017	—	1,104.87	—	—	—	—	—	-2.48×	1.66×	859.42	859.42	—	0
FY 2017 Q2	Jun 30, 2017	—	1,173.46	—	—	—	—	—	-3.56×	1.73×	—	—	—	—
FY 2017 Q1	Mar 31, 2017	—	439.92	—	—	—	—	—	-4.17×	1.22×	843.71	843.71	—	—
FY 2016 Q4	Dec 31, 2016	—	401.24	—	—	—	—	—	-12.71×	1.25×	—	—	—	0
FY 2016 Q3	Sep 30, 2016	—	325.07	—	—	—	—	—	-13.14×	1.25×	—	—	—	0
FY 2016 Q2	Jun 30, 2016	—	289.11	—	—	—	—	—	-13.41×	1.29×	—	—	—	—
FY 2016 Q1	Mar 31, 2016	—	453.45	—	—	—	—	—	-13.79×	1.14×	—	—	—	—
FY 2015 Q4	Dec 31, 2015	—	412.31	—	—	—	—	—	-5.35×	1.48×	—	—	—	—
FY 2015 Q3	Sep 30, 2015	—	349.07	—	—	—	—	—	—	1.55×	—	—	—	—
FY 2015 Q2	Jun 30, 2015	—	325.35	—	—	—	—	—	—	1.61×	—	—	—	—
FY 2015 Q1	Mar 31, 2015	—	307.98	—	—	—	—	—	—	1.82×	—	—	—	—
FY 2014 Q4	Dec 31, 2014	—	252.46	—	—	—	—	—	-5.23×	1.79×	—	—	—	—
FY 2014 Q3	Sep 30, 2014	—	235.09	—	—	—	—	—	—	1.96×	—	—	—	—
FY 2014 Q2	Jun 30, 2014	—	329.28	—	—	—	—	—	—	2.1×	—	—	—	—
FY 2014 Q1	Mar 31, 2014	—	337.92	—	—	—	—	—	—	2.27×	—	—	—	—
FY 2013 Q4	Dec 31, 2013	—	366.3	—	—	—	—	—	-18.94×	2.43×	—	—	—	—
FY 2013 Q3	Sep 30, 2013	—	121.09	—	—	—	—	—	—	1.28×	—	—	—	—
FY 2013 Q2	Jun 30, 2013	—	120.23	—	—	—	—	—	—	1.51×	—	—	—	—
FY 2013 Q1	Mar 31, 2013	—	144.78	—	—	—	—	—	—	1.95×	—	—	—	—
FY 2012 Q4	Dec 31, 2012	—	118.99	—	—	—	—	—	—	1.99×	620	620	—	—
FY 2012 Q3	Sep 30, 2012	—	116.98	—	—	—	—	—	—	1.99×	588.49	588.49	—	—
FY 2012 Q2	Jun 30, 2012	—	65.48	—	—	—	—	—	—	1×	138.94	138.94	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · NOW, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.