NOW Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), NOW reported revenue of $4.0B, gross profit of $2.8B (70.7% gross margin), operating income of $162M, and net income of $298M (7.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NOW was profitable; revenue grew 24.0% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +24.0% | −22.6% | −4.5 pp |
| Quarter over quarter | +5.8% | −36.5% | −5.0 pp |
Consensus estimate data is not available for this report.
NOW Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $4.0B | 100% |
| Cost of Revenue | −$1.2B | 29.3% |
| Gross Profit | $2.8B | 70.7% |
| Research & Development | −$915M | 22.9% |
| Selling, General & Administrative | −$1.7B | 43.7% |
| Operating Income | $162M | 4.1% |
| Other Income, net | $276M | 6.9% |
| Income Tax Expense | −$140M | 3.5% |
| Net Income | $298M | 7.5% |
Source: NOW filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.