ServiceNow, Inc. 8K

ServiceNow announced better‑than‑expected Q2 2026 results, highlighted rapid AI‑driven growth, and raised its full‑year subscription revenue outlook while providing updated financial guidance and partnership updates.

ServiceNow, Inc. reported strong financial results for the quarter ended June 30, 2026, disclosing that it exceeded the high end of its guidance across all key topline and profitability metrics, with subscription revenues of $3,877 million (24.5% year-over-year growth), total revenues of $3,987 million (24% year-over-year growth), and current remaining performance obligations of $13.20 billion and total remaining performance obligations of $29.0 billion, both up 21% year-over-year. The company highlighted rapid growth in its AI offerings, including ServiceNow AI surpassing $1 billion in annual contract value, and detailed numerous product innovations such as the launch of ServiceNow Otto, expansion of its AI Control Tower, and new AI specialists and developer tools. Management raised full‑year 2026 subscription revenue guidance to $15.76–$15.78 billion, with strong non-GAAP operating and free cash flow margin targets, while noting foreign exchange headwinds and continued momentum from large enterprise and public sector customers. The filing also described expanded strategic partnerships with NVIDIA, Microsoft, AWS, Accenture, Experian, TeamViewer, FedEx, and Lenovo, provided outlook tables for Q3 and full‑year 2026, and included reconciliations of GAAP to non‑GAAP metrics, as well as details on recent recognition from Gartner, Forrester, IDC, and Fortune.

Filing Facts

CIK

1373715

Ticker

NOW

Form

8K

Source Type

sec

Accession

0001373715-26-000072

Alert Tier

7