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ServiceNow (WBO:SNOW) Research & Development : €2,068 Mil (TTM As of Mar. 2024)


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What is ServiceNow Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ServiceNow's Research & Development for the three months ended in Mar. 2024 was €558 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €2,068 Mil.

ServiceNow Research & Development Historical Data

The historical data trend for ServiceNow's Research & Development 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 Research & Development Chart

ServiceNow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 674.10 841.73 1,236.35 1,668.99 1,947.71

ServiceNow Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial 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 459.53 480.88 514.41 515.35 557.52

ServiceNow Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,068 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  (WBO:SNOW) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

ServiceNow Research & Development Related Terms

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ServiceNow (WBO:SNOW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ServiceNow Inc (WBO:SNOW) » Definitions » Research & Development
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INTU UBER CDNS SHOP WDAY ROP SNOW TEAM ADSK CRM XTER:SAP XPAR:DSY TSX:CSU TTD DDOG ANSS FICO HUBS ZM SHSE:688111
Traded in Other Exchanges
NOW:USA NOWW:Mexico 1NOW:Italy 4S0:Germany N1OW34:Brazil
Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
Website
https://www.servicenow.com
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, 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.