ServiceNow (NOW) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to the preceding quarter. Revenue also grew compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to the preceding quarter. Revenue also grew compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
+21.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$11B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $2.6B | +24.2% |
| Jun 30, 2024 | $2.6B | +22.2% |
| Sep 30, 2024 | $2.8B | +22.2% |
| Dec 31, 2024 | $3B | +21.3% |
Revenue performance
Revenue rose from the immediately preceding quarter, extending the upward trend observed over the past four quarters. The year-over-year growth rate, however, moderated relative to the prior quarter's year-over-year comparison.
Quarterly comparison
Compared with the quarter immediately prior, revenue increased. Versus the same quarter one year earlier, revenue also increased, though the pace of annual growth narrowed from the prior year-over-year rate.
What to watch
Monitor whether the decelerating year-over-year growth rate continues in upcoming quarters.