earnings
confidence high
sentiment positive
materiality 0.85
ServiceNow Q2 subscription revenue $1.33B, +31% YoY; raises full-year guidance
ServiceNow, Inc.
2021-Q2 EPS reported
$0.70
revenue$2,769,000,000
- Subscription revenues $1,330M, 31% YoY growth (27% constant currency); total revenues $1,409M, +32%.
- cRPO of $4.7B, +34% YoY; RPO $9.5B, +35%; 1,201 customers with >$1M ACV, +25% YoY.
- GAAP net income $59M ($0.29 diluted EPS); non-GAAP net income $287M ($1.42 diluted EPS).
- Non-GAAP operating margin 25%; free cash flow $268M, 19% margin.
- Raised full-year guidance; acquired Lightstep for observability; integrated with Microsoft Windows 365.