secwatch.observer — SEC 8-K summary
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Issuer:     ServiceNow, Inc. (NOW)
CIK:        0001373715
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001373715-22-000239
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ServiceNow Q2 subscription revenues up 25% YoY to $1,658M; cRPO $5.75B (+21%)
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- Subscription revenues $1,658M, +25% YoY (29.5% constant currency); total revenues $1,752M (+24%).
- Non-GAAP subscription gross margin 86%; operating margin 23%; net income $329M, diluted EPS $1.62.
- cRPO $5.75B (+21% YoY, +27% cc); RPO $11.5B. Surpassed 100 >$10M ACV customers (+50% YoY).
- CEO says 'beat expectations'; CFO reaffirms target of $16B+ subscription revenue in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373715/000137371522000239/0001373715-22-000239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373715/000137371522000239/now-20220725.htm
  HTML page:      https://secwatch.observer/filing/0001373715-22-000239

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