SERVICENOW, INC. NOW Income Statement

Servicenow, inc. (NOW)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11
Revenues:
Total revenues
1,046,340	951,774	885,833	833,904	788,926	715,441	673,097	631,056	589,222	549,093	492,372	448,258	428,771	386,138	357,656	341,312	305,879	285,650	261,150	246,716	211,964	198,004	178,712	166,757	139,090	125,230	111,259	102,222	85,939	75,162	64,345	56,774	47,431	39,178	34,197	29,485
Cost of revenues:
Total cost of revenues
223,366	211,453	200,793	198,147	186,252	168,162	157,858	153,165	143,473	134,164	127,486	122,128	116,084	105,249	102,837	96,649	94,260	90,909	81,888	79,717	76,899	70,638	66,086	58,938	53,114	45,378	41,575	35,998	32,308	32,308	27,574	22,891	21,236	15,991	11,932	9,487
Gross profit
822,974	740,321	685,040	635,757	602,674	547,279	515,239	477,891	445,749	414,929	364,886	326,130	312,687	280,889	254,819	244,663	211,619	194,741	179,262	166,999	135,065	127,366	112,626	107,819	85,976	79,852	69,684	66,224	53,631	42,854	36,771	33,883	26,195	23,187	22,265	19,998
Operating expenses:
Sales and marketing
441,234	416,005	362,975	393,895	361,409	319,163	289,323	310,869	283,701	250,979	217,866	222,393	203,739	148,376	166,491	186,506	158,610	133,909	117,899	136,574	110,057	95,764	84,002	91,937	69,416	57,337	47,336	52,291	38,226	29,481	28,140	26,909	19,307	18,521	13,980	12,086
Research and development
226,657	202,328	190,099	183,420	172,522	148,662	135,655	127,916	117,268	104,559	98,465	90,005	84,489	73,933	75,018	70,364	65,924	58,443	55,822	53,276	49,848	42,026	39,683	35,439	31,110	23,869	20,819	17,951	16,039	13,235	10,783	9,272	6,043	4,273	2,757	2,361
General and administrative
105,748	93,476	75,642	85,442	84,456	79,176	80,693	71,095	65,063	60,291	52,465	51,526	46,251	41,543	40,085	36,071	41,237	33,247	33,581	30,384	29,392	26,260	23,440	24,914	21,631	18,007	16,179	15,325	12,279	9,676	11,195	6,819	6,427	5,575	4,509	3,282
Legal settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	270,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
773,639	711,809	628,716	662,757	618,387	547,001	505,671	509,880	466,032	415,829	368,796	363,924	334,479	263,852	281,594	292,941	535,771	225,599	207,302	220,234	189,297	164,050	147,125	152,290	122,157	99,213	84,334	85,567	66,544	52,392	50,118	43,000	31,777	28,369	21,246	17,729
Income (loss) from operations
49,335	28,512	56,324	-27,000	-15,713	278	9,568	-31,989	-20,283	-900	-3,910	-37,794	-21,792	17,037	-26,775	-48,278	-324,152	-30,858	-28,040	-53,235	-54,232	-36,684	-34,499	-44,471	-36,181	-19,361	-14,650	-19,343	-12,913	-9,538	-13,347	-9,117	-5,582	-5,182	1,019	2,269
Interest expense
8,570	8,475	8,371	8,269	8,168	8,938	11,233	15,498	17,064	16,813	16,566	11,337	8,678	8,532	8,389	8,248	8,109	7,973	7,839	7,707	7,578	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income and other income, net
7,597	14,149	12,817	18,954	12,425	10,615	8,895	6,638	29,987	4,561	579	-8,485	7,729	282	1,783	2,260	702	3,177	-3,952	521	4,704	22,497	-5,949	-5,231	-5,963	-828	600	-1,323	119	456	615	41	492	-717	-729	65
Income (loss) before income taxes
48,362	34,186	60,770	-16,315	-11,456	1,955	7,230	-40,849	-7,360	-13,152	-19,897	-57,616	-22,741	8,787	-33,381	-54,266	-331,559	-35,654	-39,831	-60,421	-57,106	-43,246	-40,448	-49,702	-42,144	-23,687	-14,050	-20,666	-12,794	-9,082	-12,732	-9,076	-5,090	-5,899	290	2,334
Provision for (benefit from) income taxes
100	-564,613	20,200	-5,200	-9,900	-5,020	-1,200	11,900	-18,000	4,194	2,285	-1,812	-1,227	3,821	2,877	-4,641	1,773	1,724	1,199	1,504	987	1,417	602	661	1,167	545	663	739	564	849	321	-352	550	906	169	298
Net Income (Loss) Attributable to Parent
48,231	598,724	40,598	-11,079	-1,545	7,015	8,405	-52,746	10,622	-17,346	-22,182	-55,804	-21,514	4,966	-36,258	-49,625	-333,332	-37,378	-41,030	-61,925	-58,093	-44,663	-41,050	-50,363	-43,311	-24,232	-14,713	-21,405	-13,358	-9,931	-13,053	-8,724	-5,640	-6,805	121	2,036
Net loss attributable to common stockholders - basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41,050	-50,363	-43,311	-24,232	-14,713	-21,405	-13,358	-9,931	-13,053	-8,878	-5,794	-	-	-
Net loss attributable to common stockholders - diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41,050	-50,363	-43,311	-24,232	-14,713	-21,405	-13,358	-9,931	-13,053	-8,878	-5,794	-	-	-
Net loss per share - basic and diluted (in dollars per share)
-	-	-	-0.06	-	-	-	-0.30	-	-	-	-0.33	-0.13	0.06	-0.22	-0.30	-2.06	-0.23	-0.26	-0.40	-0.38	-0.30	-0.28	-0.35	-0.30	-0.17	-0.11	-0.16	-0.10	-	-	-	-	-	-	-
Net income (loss) per share - basic (in dollars per share)
0.25	-	0.22	-	-0.01	-	0.05	-	0.06	-	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-0.32	-0.23	-0.35	-	0.02
Net income (loss) per share - diluted (in dollars per share)
0.24	-	0.21	-	-0.01	-	0.04	-	0.06	-	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-0.32	-0.23	-0.35	-	0.02
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	186,677	-	-	-	177,343	-	-	-	170,419	-	166,850	165,378	163,838	162,067	159,828	156,930	154,465	151,601	148,569	146,335	144,456	142,060	139,970	137,456	134,454	129,782	125,024	117,698	27,788	25,123	-	-	-
Weighted-average shares used to compute net income (loss) per share - basic (in shares)
190,163	-	188,074	-	182,062	-	178,719	-	175,482	-	171,883	-	168,742	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,515	20,693	19,668
Weighted-average shares used to compute net income (loss) per share - diluted (in shares)
199,938	-	197,878	-	182,062	-	192,190	-	190,249	-	171,883	-	168,742	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,081	32,126	29,584
Other comprehensive income (loss):
Foreign currency translation adjustments
-20,393	5,807	5,507	-410	9,635	-2,115	1,655	6,992	-8,435	681	5,237	14,351	2,795	-5,381	203	-1,989	680	-149	-2,689	3,720	-4,059	-5,003	-6,710	511	175	306	758	-201	-1,166	-351	57	-468	-68	561	246	-35
Unrealized gain (loss) on investments, net of tax
-19,242	-183	582	3,629	4,723	-502	922	1,983	-3,068	133	-2,864	524	7,583	-935	-615	505	1,633	-1,661	-111	-314	494	-788	-212	365	25	-87	412	-475	13	-71	-17	-17	0	-	-	-
Tax provision (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-33	-	0	0	60	-22	-	48
Other Comprehensive Income (Loss), Net of Tax
-39,635	5,624	6,089	3,219	14,358	-2,617	2,577	8,975	-11,503	814	2,373	14,875	10,378	-6,316	-412	-1,484	2,313	-1,810	-2,800	3,406	-3,565	-5,791	-6,922	876	200	186	1,170	-676	-1,120	-362	40	-485	-128	535	246	-83
Comprehensive income
8,596	604,348	46,687	-7,860	12,813	4,398	10,982	-43,771	-881	-16,532	-19,809	-40,929	-11,136	-1,350	-36,670	-51,109	-331,019	-39,188	-43,830	-58,519	-61,658	-50,454	-47,972	-49,487	-43,111	-24,046	-13,543	-22,081	-14,478	-10,293	-13,013	-9,209	-5,768	-6,270	367	1,953
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,111	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription
Total revenues
994,702	899,194	834,910	780,989	739,986	666,139	626,567	585,282	543,325	499,738	449,506	402,672	387,584	357,035	318,934	290,679	267,422	244,702	223,208	200,461	179,907	166,751	150,367	132,724	117,375	104,878	92,992	80,376	71,558	62,886	55,279	46,820	39,541	34,555	30,331	24,776
Total cost of revenues
159,721	148,244	139,330	135,479	126,589	113,503	106,821	101,699	95,398	87,524	81,878	75,793	70,375	64,707	61,566	56,360	52,781	49,511	46,053	45,392	42,444	40,330	37,925	33,243	31,189	25,968	23,429	20,219	18,312	20,076	17,931	14,239	11,012	8,750	6,323	4,764
Professional services and other
Total revenues
51,638	52,580	50,923	52,915	48,940	49,302	46,530	45,774	45,897	49,355	42,866	45,586	41,187	29,103	38,722	50,633	38,457	40,948	37,942	46,255	32,057	31,253	28,345	34,033	21,715	20,352	18,267	21,846	14,381	12,276	9,066	9,954	7,890	4,623	3,866	4,709
Total cost of revenues
63,645	63,209	61,463	62,668	59,663	54,659	51,037	51,466	48,075	46,640	45,608	46,335	45,709	40,542	41,271	40,289	41,479	41,398	35,835	34,325	34,455	30,308	28,161	25,695	21,925	19,410	18,146	15,779	13,996	12,232	9,643	8,652	10,224	7,241	5,609	4,723