earnings
confidence high
sentiment positive
materiality 0.75
ServiceNow Q1 subscription rev $3B, up 19% YoY; cRPO beats guidance; President Paul Smith resigns
ServiceNow, Inc.
2025-Q1 EPS reported
$2.20
revenue$3,088,000,000
- Subscription rev $3,005M (+19% YoY, +20% cc); total rev $3,088M (+18.5% YoY, +19.5% cc)
- cRPO $10.31B (+22% YoY, +22% cc), beating guidance by 250 bps; RPO $22.1B (+25% YoY)
- 508 customers >$5M ACV (+20% YoY); 72 transactions >$1M net new ACV in Q1
- President Paul Smith resigns effective Apr 23; Paul Fipps appointed President of Global Customer Operations