v3.26.1
Business Combinations (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Purchase Price Allocation The aggregate purchase price consideration for Moveworks was $2.4 billion, which was comprised of the following (in millions):
Fair Value
Fair value of common stock issued(1)
$1,467 
Cash
905 
Settlement of pre-existing loan
31 
Stock-based compensation awards attributable to pre-combination services
4 
Total purchase consideration$2,407 
(1)The fair value of the stock consideration is based on the December 15, 2025 closing price of ServiceNow common stock at $153.04 and approximately 9.6 million shares of ServiceNow common stock.
Business Combination, Recognized Asset Acquired and Liability Assumed
The allocation of the total purchase price for Armis and Veza is summarized below (in millions):
ArmisVeza
Current assets$273 $109 
Intangible assets2,530 356 
Goodwill5,323 826 
Deferred tax assets, non-current405 53 
Other assets77 1 
Assets acquired$8,608 $1,345 
Deferred revenue, current137 18 
Other liabilities
240 7 
Deferred tax liabilities, non-current 594 83 
Net assets acquired$7,637 $1,237 
Identifiable intangible assets acquired in connection with the Armis and Veza acquisitions (in millions) and the weighted-average lives are as follows:
Armis
Veza
Asset Life (years)
Developed technology$1,950 $190 
5 - 6
Customer relationships473 150 
5 - 6
Order backlog
54 16 2
Brand assets53 — 4
Total$2,530 $356 
The allocation of the total purchase price is summarized below (in millions):
Purchase Price
Allocation
Current assets$48 
Intangible assets770 
Goodwill1,748 
Other assets124 
Assets acquired$2,690 
Current liabilities assumed83 
Long-term liabilities assumed13 
Deferred tax liabilities, non-current 187 
Net assets acquired$2,407 
Identifiable intangible assets acquired in connection with the Moveworks acquisition (in millions) and the weighted-average lives are as follows:
Intangible
Assets
Asset Life (years)
Developed technology$505 5
Customer relationships220 5
Order backlog
25 2
Brand assets
20 4
Total$770