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operating-expenses-chart

NOW Operating Expenses

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In Q1'26, ServiceNow's (NOW) total operating expenses reached $2.327B USD, with R&D expenses at $823M USD and SG&A expenses at $1.504B USD, reflecting a quarterly increase driven primarily by sustained investments in both categories. Over the period from Q2'23 to Q1'26, operating expenses exhibited a consistent upward trend, growing from $1.561B USD to $2.327B USD, with an average quarterly increase of approximately 6-8%. R&D expenses rose steadily from $521M USD, showing minor fluctuations like a dip in Q3'24 but accelerating in later quarters, while SG&A expenses, the dominant component, expanded from $1.041B USD with notable spikes in Q2'25 and Q4'25, underscoring expanding operational scale amid business growth. The stacked bar chart highlights SG&A as consistently comprising over 60% of total expenses, indicating a focus on sales, general, and administrative functions to support revenue expansion, though the overall trajectory suggests potential margin pressures if not offset by top-line gains.