secwatch.observer — SEC 8-K summary
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Issuer:     ServiceNow, Inc. (NOW)
CIK:        0001373715
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001373715-22-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ServiceNow Q1 subscription revs $1.63B (+26% YoY); raises FY2022 guidance mid-point
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- GAAP EPS $0.37 diluted; non-GAAP EPS $1.73 diluted; total revs $1.722B (+27% YoY).
- cRPO $5.69B (+29% YoY); 52 deals over $1M net new ACV (+41% YoY).
- Raised mid-point of 2022 subscription revenues guidance; expects constant-currency growth acceleration.
- Subscription gross margin 83% GAAP, 86% non-GAAP; operating income $87M GAAP, $437M non-GAAP.
- Free cash flow $770M (45% of revs); cash from operations $863M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373715/000137371522000132/0001373715-22-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373715/000137371522000132/now-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001373715-22-000132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer