Earnings ·
Reports Q3 subscription revenue of $3.99B and raises full-year outlook
NOWServiceNow, Inc.
ServiceNow reported third-quarter subscription revenues of $3,988 million, up 21% year-over-year, beating the high end of guidance across all top-line growth and profitability metrics. The company raised its full-year 2026 subscription revenue target to $15.78–$15.79 billion and increased its free cash flow margin outlook by 100 basis points to 36%. Additionally, ServiceNow lifted its AI annual contract value target for 2026 to $1.7 billion, up from $1 billion at the start of the year. The firm operates in the enterprise software industry, providing cloud-based workflow automation and artificial intelligence platforms.