SECdecoded Read filings, not jargon.

SERVICENOW, INC. FY 2025 10-K, explained in plain English

NOW · 10-K for the period ending December 31, 2025, filed January 29, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$13.3B
Gross margin77.5%
Operating income$1.8B
Net income$1.7B
Diluted EPS$1.67
Cash & equivalents$3.7B
Total assets$26.0B
Long-term debt— not reported

Key takeaway

ServiceNow reported $13.28 billion in revenue with a 77.5% gross margin, indicating strong subscription-based profitability.

🔒 4 more takeaways in the full analysis

Beneath the surface

Despite $1.49 billion in convertible notes payable, the company's combined cash and short-term/long-term investments of over $10 billion (cash $3.73B + AFS securities $6.33B) suggest a strongly net-cash position rather than a net-debt one.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for NOW.

Read the full analysis free Free account · 5 full analyses included · no card required