ServiceNow vs Workday — Free Cash Flow Comparison

ServiceNow (NOW) free cash flow was $4.5B in FY2025 (+34% YoY); Workday (WDAY) free cash flow was $2.8B in FY2026 (+27% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	ServiceNow	Workday
2026	—	$2.8B
2025	$4.5B	$2.2B
2024	$3.4B	$1.9B
2023	$2.7B	$1.3B
2022	$2.2B	$1.4B
2021	$1.8B	$1.0B
2020	$1.4B	$620M
2019	$898M	$394M
2018	$562M	$313M
2017	$486M	$230M
2016	$35M	$125M
2015	$229M	-$2M
2014	$87M	-$29M
2013	$26M	-$5M
2012	$7M	-$19M
2011	$29M	—
2010	-$9M	-$19M

ServiceNow — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$4.5B	+34%
2024	$3.4B	+25%
2023	$2.7B	+24%
2022	$2.2B	+21%
2021	$1.8B	+32%
2020	$1.4B	+51%
2019	$898M	+60%
2018	$562M	+16%
2017	$486M	+1297%
2016	$35M	-85%
2015	$229M	+164%
2014	$87M	+228%
2013	$26M	+294%
2012	$7M	-77%
2011	$29M	+415%
2010	-$9M

Workday — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2026	$2.8B	+27%
2025	$2.2B	+15%
2024	$1.9B	+48%
2023	$1.3B	-6%
2022	$1.4B	+36%
2021	$1.0B	+63%
2020	$620M	+57%
2019	$394M	+26%
2018	$313M	+36%
2017	$230M	+84%
2016	$125M	+7706%
2015	-$2M	+94%
2014	-$29M	-529%
2013	-$5M	+75%
2012	-$19M	+1%
2010	-$19M

Source: NOW on EDGAR · WDAY on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.