ServiceNow (NOW) Revenue — Quarter Ended Mar 31, 2025
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth rate moderated from the previous quarter's pace.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased compared to the prior quarter and rose significantly versus the same quarter last year. The growth rate moderated from the previous quarter's pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+18.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.5B
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 |
|---|---|---|
| Jun 30, 2024 | $2.6B | +22.2% |
| Sep 30, 2024 | $2.8B | +22.2% |
| Dec 31, 2024 | $3B | +21.3% |
| Mar 31, 2025 | $3.1B | +18.6% |
Revenue performance
The reported revenue reflects continued expansion, with the year-over-year increase remaining robust. The sequential growth was positive but at a slower rate than the prior quarter's sequential change.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew at a moderate pace. Relative to the same quarter one year earlier, the increase was substantial, though the growth rate has decelerated from the prior quarter's year-over-year comparison.
What to watch
Monitor whether the deceleration in year-over-year growth continues in upcoming quarters.