secwatch.observer — SEC 8-K summary
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Issuer:     ServiceNow, Inc. (NOW)
CIK:        0001373715
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001373715-25-000274
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ServiceNow Q2 beats guidance: subscription rev $3,113M (+22.5% YoY), cRPO $10.92B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373715/000137371525000274/0001373715-25-000274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373715/000137371525000274/now-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001373715-25-000274

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