[ad_1]
AlphaStreet Newsdesk powered by AlphaStreet Intelligence
NOW|EPS $0.90 vs $0.86 est (+4.7%)|Rev $3.99B|Net Income $298.0MServiceNow, Inc. delivered a strong second quarter, posting non-GAAP earnings per share of $0.90 that beat Wall Street’s $0.86 estimate by 4.7%. The enterprise software giant generated $3.99B in revenue for the quarter, up 24.0% from $3.21B in Q2 2025, as demand for its cloud-based workflow automation platform remained robust across enterprise customers.
The company’s subscription business continued to drive growth, with subscription revenue reaching $3.88B for the quarter, up 24.5% year-over-year. ServiceNow reported adjusted net income of $930.0M as it scaled operations efficiently while expanding its customer base. The company ended the quarter serving 658 customers with annual contract values exceeding $5M, underscoring its success in landing and expanding large enterprise deals in a competitive market for digital transformation tools.

For the third quarter, ServiceNow set subscription revenue guidance at $3.97B to $3.98B, suggesting a sequential plateau as the company navigates typical seasonal patterns. Wall Street maintains a positive outlook on the stock, with analyst consensus standing at 33 buy ratings, 5 hold ratings, and 1 sell rating.
A detailed analysis of ServiceNow, Inc.’s quarter follows shortly on AlphaStreet.
This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
[ad_2]
Source link