Servicenow Net Worth (Updated 2026).

Written ByEmma C Hours Published on

ServiceNow, a leading digital workflow company, was founded in 2003 by Fred Luddy in San Diego, California. Initially, it started as a workflow software company, focusing on IT service management. Luddy, with his extensive IT background, identified a gap in the market for a user-friendly, web-based ITSM solution and set out to fill it.

ServiceNow’s breakthrough came in 2007 when it introduced its SaaS-based platform, transforming the traditional, complex, and expensive on-premise software landscape. This shift allowed businesses to quickly adopt and scale ServiceNow’s services, driving its popularity and growth.

ServiceNow’s Current Net Worth (2025)

As of 2025, ServiceNow’s current net worth is estimated to be around $50 billion, according to the latest available information. This significant valuation reflects the company’s growth and success in the digital workflow industry.

Career

ServiceNow was founded in 2004 by Frank Slootman, Fred Luddy, and Chris Reckling. The company started as a spin-off from Peregrine Systems, focusing on IT service management software. Under Luddy’s leadership as CEO until 2011, ServiceNow grew rapidly. John Donahoe took over as CEO in 2011 and led the company through its IPO in 2012. Bill McDermott succeeded Donahoe in 2014 and continued to expand the company’s offerings. In 2021, ServiceNow appointed its first president, Josh Kahn, to support McDermott in leading the company.

Other Ventures

ServiceNow has made strategic acquisitions and investments to expand its capabilities and market reach. Notable acquisitions include Mirth Corporation in 2012, DxContinuum in 2014, and Parlo in 2017. The company has also invested in startups through its Ventures program, focusing on areas like AI, machine learning, and digital workflows. Additionally, ServiceNow has launched initiatives like the ServiceNow Foundation to support community development and social impact projects.

Assets

ServiceNow’s primary assets include its intellectual property, namely its proprietary Now Platform, which enables customers to create, operate, and optimize digital workflows. The company also holds substantial cash and cash equivalents, totaling over $4 billion as of 2021. ServiceNow’s global offices and data centers, as well as its customer relationships, are also valuable assets that contribute to the company’s overall worth.

Annual Income

ServiceNow’s annual revenue has consistently grown since its IPO in 2012. In 2021, the company reported total revenues of $5.9 billion, a 17% increase from the previous year. This growth can be attributed to the increasing demand for digital workflow solutions, as well as ServiceNow’s expansion into new markets and industries. The company’s subscription-based business model and recurring revenue streams contribute to its stable and growing annual income.

Frequently Asked Questions about  Servicenow

Frequently Asked Questions: ServiceNow Net Worth

1. What is ServiceNow?

ServiceNow is an American company that provides cloud-based services to automate and manage digital workflows. It was founded in 2004 and is headquartered in Santa Clara, California.

2. What does ServiceNow do?

ServiceNow offers a range of services, including IT Service Management (ITSM), IT Operations Management (ITOM), Security Operations (SecOps), and Customer Service Management (CSM). These services help businesses manage their IT infrastructure, security, and customer interactions more efficiently.

3. How does ServiceNow make money?

ServiceNow generates revenue through the subscription-based sales of its software-as-a-service (SaaS) products. It also earns money from professional services, such as implementation, training, and consulting.

4. What is the net worth of ServiceNow?

The latest estimated net worth of ServiceNow is $30 billion.

5. When did ServiceNow go public?

ServiceNow had its initial public offering (IPO) on December 30, 2012. Its stock began trading on the New York Stock Exchange (NYSE) under the ticker symbol “NOW”.

6. Who is the CEO of ServiceNow?

Bill McDermott is the current President and Chief Executive Officer (CEO) of ServiceNow. He joined the company in January 2021, succeeding John Donahoe.

7. How many employees does ServiceNow have?

As of 2021, ServiceNow has over 10,000 employees worldwide.

8. What are some of ServiceNow’s major competitors?

Some of ServiceNow’s main competitors include BMC Software, IBM, and Microsoft. However, ServiceNow’s platform is unique, and it often competes with custom-built solutions as well.

9. What is ServiceNow’s approach to artificial intelligence (AI) and machine learning (ML)?

ServiceNow has been investing in AI and ML to enhance its platform’s capabilities. It uses these technologies to automate tasks, improve decision-making, and provide predictive insights to its customers.

10. How does ServiceNow contribute to sustainability?

ServiceNow is committed to sustainability and has set goals to reduce its environmental impact. It aims to be carbon neutral by 2030 and has implemented various initiatives to achieve this, such as using renewable energy and reducing waste.

Hi, I’m Emma Chambers — writer, pop culture junkie, and full-time fangirl. I cover everything from red carpet drama to underrated indie gems, and I’m always on the lookout for the next big thing in entertainment. My blog is where I spill my thoughts, obsessions, and the occasional guilty pleasure. If you’re into celeb buzz, deep dives, and TV marathons, you’ll feel right at home here.