earnings
confidence high
sentiment positive
materiality 0.85
ServiceNow Q2 beats guidance: subscription rev $3,113M (+22.5% YoY), cRPO $10.92B
ServiceNow, Inc.
2025-Q2 EPS reported
$4.04
revenue$6,303,000,000
- Total revenue $3,215M, up 22.5% YoY (21.5% cc); subscription revenue $3,113M, up 22.5% YoY.
- cRPO $10.92B, up 24.5% YoY (21.5% cc); RPO $23.9B, up 29% YoY (25.5% cc).
- Customers with >$20M ACV grew over 30% YoY; 528 customers with >$5M ACV (19.5% YoY).
- Now Assist net new ACV ahead of plan, on track for $1B ACV target by 2026; 89 deals >$1M net new ACV.
- Repurchased ~381K shares for $361M; $2.6B remaining under $4.5B buyback authorization.