ServiceNow Earnings Reports

ServiceNow reported strong Q4 2024 results, with subscription revenues up 21% year-over-year to $2.866 billion and total revenues reaching $2.957 billion, also a 21% increase. The company is focusing on AI-driven growth, with significant advancements in its platform and strategic partnerships.

ServiceNow reported strong Q3 2024 results, exceeding guidance for topline growth and profitability. Subscription revenues reached $2,715 million, representing a 23% year-over-year growth. Total revenues amounted to $2,797 million, a 22% increase year-over-year. The company raised its full-year topline guidance due to these robust results.

ServiceNow reported strong second-quarter results, exceeding guidance for topline growth and profitability. Subscription revenues grew by 23% year-over-year, and total revenues increased by 22%. The company raised its full-year subscription revenue guidance.

ServiceNow reported strong first quarter results, exceeding guidance across topline growth and profitability metrics. Subscription revenues grew 25% year-over-year to $2,523 million, and total revenues increased 24% year-over-year to $2,603 million. The company is experiencing strong demand for its GenAI offerings and has raised its full-year subscription revenues guidance.

ServiceNow reported strong Q4 2023 results, exceeding guidance across all topline growth and profitability metrics. Subscription revenues grew by 27% year-over-year, and the company raised its 2024 subscription revenues and operating margin outlook.

ServiceNow reported strong Q3 2023 results, exceeding guidance for topline growth and profitability. Subscription revenues grew 27% year-over-year to $2,216 million, and total revenues increased by 25% to $2,288 million. The company raised its 2023 subscription revenues and operating margin guidance, highlighting the strength of its digital transformation solutions and the potential unlocked by generative AI.

ServiceNow reported strong Q2 2023 financial results, exceeding guidance for topline growth and profitability. Subscription revenues reached $2,075 million, representing 25% year-over-year growth. Total revenues amounted to $2,150 million, a 23% increase year-over-year. The company is raising its 2023 subscription revenues and operating margin guidance.

ServiceNow reported strong Q1 2023 results, exceeding guidance for topline growth and profitability. Subscription revenues grew 24% year-over-year to $2,024 million, and total revenues increased by 22% year-over-year to $2,096 million. The company is focused on balancing innovation with cost management and profitability.

ServiceNow reported strong Q4 2022 results, exceeding guidance with subscription revenues of $1.86 billion, representing 22% year-over-year growth (27.5% adjusted for constant currency). Total revenues reached $1.94 billion, a 20% increase year-over-year (25.5% adjusted for constant currency). The company's performance was driven by strong net expansion and NNACV growth from new logos.

ServiceNow reported strong Q3 2022 results, exceeding expectations for both revenue and earnings. Subscription revenues grew 22% year-over-year, and the company saw a significant increase in customers paying over $10 million in annual contract value.

ServiceNow reported strong Q2 2022 financial results, exceeding expectations with significant growth in subscription revenues, total revenues, and current remaining performance obligations. The company also saw a substantial increase in customers with over $1 million in annual contract value and surpassed 100 customers paying over $10 million in annual contract value.

ServiceNow reported strong Q1 2022 results, exceeding guidance across all metrics. Subscription revenues grew 26% year-over-year to $1,631 million, and total revenues increased 27% to $1,722 million. The company raised its mid-point of 2022 subscription revenues guidance and expects growth to accelerate year-over-year on a constant currency basis.

ServiceNow reported strong Q4 2021 results, exceeding the high end of guidance across all metrics. Subscription revenues reached $1,523 million, representing 29% year-over-year growth. The company closed 135 transactions with over $1 million in net new annual contract value, and now has 1,359 total customers with more than $1 million in annual contract value. ServiceNow expects strong 2022 subscription revenues growth with constant currency subscription revenues growth acceleration year-over-year in Q1 2022.

ServiceNow reported a strong Q3 2021 with subscription revenues reaching $1,427 million, a 31% year-over-year increase. The company's current remaining performance obligations (cRPO) stood at $5.0 billion, representing a 32% year-over-year growth. ServiceNow now has 1,266 customers with over $1 million in annual contract value, marking a 25% increase year-over-year.

ServiceNow announced its Q2 2021 financial results, with subscription revenues reaching $1,330 million, a 31% year-over-year growth. The company's current remaining performance obligations (cRPO) stood at $4.7 billion, representing a 34% year-over-year increase. ServiceNow now has 1,201 customers with over $1 million in annual contract value, marking a 25% year-over-year growth in this customer segment.

ServiceNow reported a strong start to 2021, with significant growth in subscription revenues and remaining performance obligations. The company's focus on digital transformation and continuous innovation drove the results, with subscription revenues increasing by 30% year-over-year and current remaining performance obligations growing by 33%.

ServiceNow reported strong Q4 2020 results, with subscription revenues growing 32% year-over-year. The company closed 89 transactions with more than $1 million in net new ACV and now has 1,093 total customers with more than $1 million in ACV. ServiceNow beat expectations and is focused on becoming the defining enterprise software company of the 21st century.