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Side-by-side financial comparison of Hershey Company (The) (HSY) and ServiceNow (NOW). Click either name above to swap in a different company.

ServiceNow is the larger business by last-quarter revenue ($3.8B vs $3.1B, roughly 1.2× Hershey Company (The)). ServiceNow runs the higher net margin — 12.4% vs 10.4%, a 2.1% gap on every dollar of revenue. On growth, Hershey Company (The) posted the faster year-over-year revenue change (7.0% vs 2.8%). ServiceNow produced more free cash flow last quarter ($1.7B vs $788.5M). Over the past eight quarters, ServiceNow's revenue compounded faster (19.8% CAGR vs -2.5%).

The Hershey Company, often called just Hershey or Hershey's, is an American multinational confectionery company headquartered in Hershey, Pennsylvania, which is also home to Hersheypark and Hershey's Chocolate World. The Hershey Company is one of the largest chocolate manufacturers in the world; it also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. The Hershey Company was founded by Milton S. Hershey in 1894 as the Hers...

ServiceNow, Inc. is an American software company that supplies a cloud computing platform for the creation and management of automated business workflows. The company was founded in Santa Clara, California, United States, in 2003 by Fred Luddy. It is listed on the New York Stock Exchange and is a constituent of the S&P 100 and S&P 500 indices.

HSY vs NOW — Head-to-Head

Bigger by revenue
NOW
NOW
1.2× larger
NOW
$3.8B
$3.1B
HSY
Growing faster (revenue YoY)
HSY
HSY
+4.3% gap
HSY
7.0%
2.8%
NOW
Higher net margin
NOW
NOW
2.1% more per $
NOW
12.4%
10.4%
HSY
More free cash flow
NOW
NOW
$876.5M more FCF
NOW
$1.7B
$788.5M
HSY
Faster 2-yr revenue CAGR
NOW
NOW
Annualised
NOW
19.8%
-2.5%
HSY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HSY
HSY
NOW
NOW
Revenue
$3.1B
$3.8B
Net Profit
$320.0M
$469.0M
Gross Margin
37.0%
75.1%
Operating Margin
14.4%
13.3%
Net Margin
10.4%
12.4%
Revenue YoY
7.0%
2.8%
Net Profit YoY
-59.8%
-53.7%
EPS (diluted)
$1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HSY
HSY
NOW
NOW
Q1 26
$3.8B
Q4 25
$3.1B
$3.6B
Q3 25
$3.2B
$3.4B
Q2 25
$2.6B
$3.2B
Q1 25
$2.8B
$3.1B
Q4 24
$2.9B
$3.0B
Q3 24
$3.0B
$2.8B
Q2 24
$2.1B
$2.6B
Net Profit
HSY
HSY
NOW
NOW
Q1 26
$469.0M
Q4 25
$320.0M
$401.0M
Q3 25
$276.3M
$502.0M
Q2 25
$62.7M
$385.0M
Q1 25
$224.2M
$460.0M
Q4 24
$796.6M
$384.0M
Q3 24
$446.3M
$432.0M
Q2 24
$180.9M
$262.0M
Gross Margin
HSY
HSY
NOW
NOW
Q1 26
75.1%
Q4 25
37.0%
76.6%
Q3 25
32.6%
77.3%
Q2 25
30.5%
77.5%
Q1 25
33.7%
78.9%
Q4 24
54.0%
78.7%
Q3 24
41.3%
79.1%
Q2 24
40.2%
79.0%
Operating Margin
HSY
HSY
NOW
NOW
Q1 26
13.3%
Q4 25
14.4%
12.4%
Q3 25
13.7%
16.8%
Q2 25
7.4%
11.1%
Q1 25
13.2%
14.6%
Q4 24
32.5%
12.6%
Q3 24
20.5%
14.9%
Q2 24
13.9%
9.1%
Net Margin
HSY
HSY
NOW
NOW
Q1 26
12.4%
Q4 25
10.4%
11.2%
Q3 25
8.7%
14.7%
Q2 25
2.4%
12.0%
Q1 25
8.0%
14.9%
Q4 24
27.6%
13.0%
Q3 24
14.9%
15.4%
Q2 24
8.7%
10.0%
EPS (diluted)
HSY
HSY
NOW
NOW
Q1 26
$1.04
Q4 25
$-4.77
Q3 25
$2.40
Q2 25
$1.84
Q1 25
$2.20
Q4 24
$1.84
Q3 24
$2.07
Q2 24
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSY
HSY
NOW
NOW
Cash + ST InvestmentsLiquidity on hand
$2.7B
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$4.6B
$11.7B
Total Assets
$13.7B
$24.4B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSY
HSY
NOW
NOW
Q1 26
$2.7B
Q4 25
$3.7B
Q3 25
$2.7B
Q2 25
$3.1B
Q1 25
$3.4B
Q4 24
$2.3B
Q3 24
$1.9B
Q2 24
$2.2B
Total Debt
HSY
HSY
NOW
NOW
Q1 26
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$5.2B
Q1 25
$5.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.5B
Stockholders' Equity
HSY
HSY
NOW
NOW
Q1 26
$11.7B
Q4 25
$4.6B
$13.0B
Q3 25
$4.6B
$11.3B
Q2 25
$4.5B
$10.9B
Q1 25
$4.7B
$10.1B
Q4 24
$4.7B
$9.6B
Q3 24
$4.2B
$9.3B
Q2 24
$4.0B
$8.7B
Total Assets
HSY
HSY
NOW
NOW
Q1 26
$24.4B
Q4 25
$13.7B
$26.0B
Q3 25
$13.6B
$21.8B
Q2 25
$13.6B
$22.1B
Q1 25
$14.0B
$21.0B
Q4 24
$12.9B
$20.4B
Q3 24
$12.6B
$18.4B
Q2 24
$12.4B
$18.2B
Debt / Equity
HSY
HSY
NOW
NOW
Q1 26
Q4 25
1.01×
Q3 25
1.02×
Q2 25
1.15×
Q1 25
1.11×
Q4 24
0.68×
Q3 24
0.76×
Q2 24
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSY
HSY
NOW
NOW
Operating Cash FlowLast quarter
$926.6M
$1.7B
Free Cash FlowOCF − Capex
$788.5M
$1.7B
FCF MarginFCF / Revenue
25.5%
44.2%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
2.90×
3.56×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$4.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSY
HSY
NOW
NOW
Q1 26
$1.7B
Q4 25
$926.6M
$2.2B
Q3 25
$841.9M
$813.0M
Q2 25
$112.2M
$716.0M
Q1 25
$396.7M
$1.7B
Q4 24
$941.6M
$1.6B
Q3 24
$695.3M
$671.0M
Q2 24
$325.6M
$620.0M
Free Cash Flow
HSY
HSY
NOW
NOW
Q1 26
$1.7B
Q4 25
$788.5M
$2.0B
Q3 25
$756.0M
$578.0M
Q2 25
$27.1M
$526.0M
Q1 25
$251.2M
$1.5B
Q4 24
$807.1M
$1.4B
Q3 24
$567.3M
$469.0M
Q2 24
$195.5M
$358.0M
FCF Margin
HSY
HSY
NOW
NOW
Q1 26
44.2%
Q4 25
25.5%
56.1%
Q3 25
23.8%
17.0%
Q2 25
1.0%
16.4%
Q1 25
9.0%
47.7%
Q4 24
28.0%
46.7%
Q3 24
19.0%
16.8%
Q2 24
9.4%
13.6%
Capex Intensity
HSY
HSY
NOW
NOW
Q1 26
Q4 25
4.5%
6.7%
Q3 25
2.7%
6.9%
Q2 25
3.3%
5.9%
Q1 25
5.2%
6.6%
Q4 24
4.7%
8.6%
Q3 24
4.3%
7.2%
Q2 24
6.3%
10.0%
Cash Conversion
HSY
HSY
NOW
NOW
Q1 26
3.56×
Q4 25
2.90×
5.58×
Q3 25
3.05×
1.62×
Q2 25
1.79×
1.86×
Q1 25
1.77×
3.65×
Q4 24
1.18×
4.26×
Q3 24
1.56×
1.55×
Q2 24
1.80×
2.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HSY
HSY

Other$1.8B59%
North America Salty Snacks Segment$1.3B41%

NOW
NOW

Subscription revenues$3.7B97%
Other$80.5M2%
Professional services and other revenues$18.5M0%

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