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ServiceNow Net Income

: $184 Mil (TTM As of Jun. 2022)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. ServiceNow's net income for the three months ended in Jun. 2022 was $20 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2022 was $184 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ServiceNow's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.10.


ServiceNow Net Income Historical Data

The historical data trend for ServiceNow's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ServiceNow Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -116.85 -26.70 627.00 119.00 230.00

ServiceNow Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.00 63.00 26.00 75.00 20.00

ServiceNow Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

ServiceNow's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=249+-19+0+0
=230

ServiceNow's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=29+-9+0+0
=20

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $184 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ServiceNow  (NYSE:NOW) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

ServiceNow's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


ServiceNow Net Income Related Terms

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ServiceNow Business Description

ServiceNow logo
Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management (ITSM), expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service (PaaS).
Executives
Caimi Lara officer: Chief Customer & Partner Ofc C/O CONFLUENT, INC. 899 W EVELYN AVENUE MOUNTAIN VIEW CA 94041
Bedi Christopher officer: Chief Information Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Smith Paul John officer: Chief Commercial Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Mcbride Kevin Thomas officer: Principal Accounting Officer 2200 MISSION COLLEGE BLVD SANTA CLARA CA 95054
Tzitzon Nicholas officer: Chief Strat & Corp Affairs Ofc 2225 LAWSON LANE SANTA CLARA CA 95054
Rathnam Sukumar director 2225 LAWSON LANE SANTA CLARA CA 95054
Canney Jacqueline P officer: Chief People Officer 702 SW 8TH STREET BENTONVILLE AR 72716
Quinlan Larry director 2225 LAWSON LANE SANTA CLARA CA 95054
Toledano Gabrielle B officer: Chief Talent Officer 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065
Jackson Lawrence director 2225 LAWSON LANE SANTA CLARA CA 95054
Haverty Kevin officer: Chief Revenue Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Mastantuono Gina officer: Chief Financial Officer 237 PARK AVENUE 14TH FLOOR NEW YORK NY 10017
Mcdermott William R director, officer: President & CEO C/O UNDER ARMOUR, INC. 1020 HULL STREET, 3RD FLOOR BALTIMORE MD 21230
Goon Fay Sien officer: Principal Accounting Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Briggs Teresa director 2225 LAWSON LANE SANTA CLARA CA 95054

ServiceNow Headlines

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