ServiceNow, Inc.'s Stock Analysis

ServiceNow Files Amendment for Common Stock Resale Registration

ServiceNow, Inc. has filed an amendment to its prospectus supplement with the SEC, which pertains to the resale of shares of its common stock by certain stockholders. These stockholders acquired the shares in relation to ServiceNow's acquisition of Logik.io Inc.

The amendment includes the issuance of an additional 609 shares of common stock, which is a result of a post-closing price adjustment specified in the merger agreement. A legal opinion regarding the validity of these shares has also been included in the filing.

Sep 26, 2025 16:12:21

ServiceNow Reports Strong Second Quarter Financial Performance

ServiceNow announced its financial results for the second quarter of 2025, reporting subscription revenues of $3,113 million, which reflects a year-over-year growth of 22.5%. Total revenues reached $3,215 million, also showing a 22.5% increase compared to the same period last year. The company reported a current remaining performance obligation of $10.92 billion, up 24.5% year-over-year, indicating strong future revenue potential. Additionally, the number of customers with annual contract values exceeding $5 million grew by approximately 19.5% year-over-year, showcasing an expanding customer base.

The company highlighted significant innovations and partnerships during the quarter, including the introduction of AI-driven solutions and collaborations with major tech firms like AWS and NVIDIA. ServiceNow also completed the acquisition of data.world, enhancing its data governance capabilities. Furthermore, the company repurchased approximately 381,000 shares for $361 million as part of its ongoing share repurchase program. ServiceNow continues to expand its market presence and was recognized as a leader in various industry assessments, reflecting its strong competitive position.

Jul 23, 2025 16:11:17

ServiceNow Exceeds Q1 2025 Revenue and Profitability Guidance

ServiceNow reported its financial results for the first quarter of 2025, achieving subscription revenues of $3,005 million, which reflects a 19% increase compared to the same period last year. Total revenues reached $3,088 million, marking an 18.5% year-over-year growth. The company also reported current remaining performance obligations of $10.31 billion, a 22% increase year-over-year, and total remaining performance obligations of $22.1 billion, which is a 25% increase from the previous year. ServiceNow successfully surpassed its guidance for both subscription revenues and current remaining performance obligations.

In addition to its financial performance, ServiceNow announced plans to acquire Moveworks and Logik.ai to enhance its AI capabilities and CRM solutions. The company also repurchased approximately 316,000 shares for $298 million as part of its stock repurchase program, with about $3 billion remaining for future buybacks. Furthermore, ServiceNow received recognition as a leader in various industry assessments and accolades, affirming its commitment to innovation and excellence in the AI sector.

Apr 23, 2025 16:11:30

ServiceNow Acquires Moveworks for $2.85 Billion to Enhance AI

ServiceNow has announced its acquisition of Moveworks for $2.85 billion, aiming to enhance its agentic AI capabilities and accelerate enterprise AI adoption. The integration of Moveworks’ AI assistant and enterprise search technology is expected to improve employee experiences and productivity across various business functions, including CRM. ServiceNow has reported significant growth in its AI solutions, with nearly 1,000 AI customers and over $200 million in annual contract value for its Pro Plus AI solution as of December 2024. Moveworks has a strong customer base, including Fortune 500 companies, and its AI assistant has gained notable adoption in the market.

However, the acquisition is subject to customary regulatory approvals and closing conditions, which may pose risks to the timely completion of the transaction. Concerns also exist regarding the potential disruption to Moveworks’ current operations and customer relationships during the integration process. Additionally, the complexity of merging the two companies’ technologies and retaining Moveworks’ employees post-acquisition could present challenges for ServiceNow as it seeks to harness the full potential of this acquisition.

Mar 10, 2025 09:02:23

ServiceNow Achieves $2.9B in Q4 Subscription Revenues

On the downside, ServiceNow reported a net income of $384 million for Q4, which is lower than the $769 million reported in the same quarter the previous year. The company's professional services segment experienced a loss, with a gross profit margin of -4%. Furthermore, the company noted a foreign exchange headwind impacting future subscription revenues and remaining performance obligations. Despite the overall growth, these factors indicate potential challenges that could affect future profitability.

Jan 29, 2025 16:13:29

ServiceNow Q3 2024 Results Show Strong Growth and Innovation

ServiceNow reported impressive financial results for the third quarter of 2024, surpassing expectations with subscription revenues of $2.715 billion, marking a 23% increase year-over-year. The company also raised its full-year guidance for subscription revenues, reflecting strong demand from both existing and new customers. Additionally, ServiceNow's remaining performance obligations grew significantly, indicating a healthy pipeline. The appointment of industry veteran Amit Zavery as president and COO is expected to enhance the company’s product and engineering capabilities further.

Innovative advancements were highlighted in the release, particularly with the launch of the Now Platform Xanadu, which introduces new AI capabilities designed to improve business operations. The company is also expanding its global footprint with new partnerships and investments, including a $1.5 billion commitment to its UK operations. ServiceNow's focus on corporate responsibility was evident as it aims to positively impact 1 billion people through technology access and its philanthropic efforts. Overall, the results underscore ServiceNow's strong market position and commitment to innovation.

Oct 23, 2024 16:11:14

ServiceNow Reports Strong Q2 2024 Results and Leadership Change

ServiceNow's Q2 2024 results show impressive growth, with subscription revenues rising 23% year-over-year. The company raised its 2024 revenue guidance and highlighted significant customer engagement and AI innovations. However, a leadership transition occurred with the departure of COO CJ Desai amid an ongoing internal investigation related to hiring practices. Despite this, ServiceNow's market position remains strong, earning recognition in various industry rankings.

Jul 24, 2024 16:15:05

ServiceNow Exceeds Q1 2024 Expectations and Raises Guidance

ServiceNow's Q1 2024 results surpassed expectations with strong year-over-year growth in subscription and total revenues. The company raised its subscription revenues guidance range and highlighted significant customer trust and platform innovation. ServiceNow's GenAI offerings are performing exceptionally well, driving digital transformation. The company also announced strategic investments, acquisitions, and industry recognitions, maintaining a positive outlook. Financially, ServiceNow reported growth in gross profit, income from operations, and cash flow, showcasing solid performance.

Apr 24, 2024 16:11:12

ServiceNow Reports Strong Q4 and Full-Year 2023 Financial Results

ServiceNow exceeded Q4 2023 revenue and profitability guidance, with 27% year-over-year growth in subscription revenues. The company also raised its 2024 subscription revenues and operating margin outlook. ServiceNow's generative AI and digital transformation platform drove significant productivity gains and customer growth. The company announced strategic partnerships, product launches, and acquisitions to enhance its AI capabilities and expand its market presence. Additionally, ServiceNow achieved high rankings in workplace and industry lists, reflecting its positive organizational culture and market leadership.

Jan 24, 2024 16:11:38

ServiceNow Reports Strong Q3 2023 Financial Results and Focus on Innovation

ServiceNow reported strong financial results for Q3 2023, exceeding guidance in topline growth and profitability metrics. Subscription revenues grew by 27% year-over-year, and total revenues grew by 25% year-over-year. The company also saw a significant increase in customers with more than $20 million in annual contract value. ServiceNow's CEO highlighted the company's focus on innovation and its role as an intelligent super platform for the enterprise. The company also announced partnerships and investments in its partner ecosystem. Additionally, ServiceNow was recognized as a Best Workplace in Technology and for its commitment to environmental, social, and governance initiatives.

Oct 25, 2023 16:11:28