What are ServiceNow’s (NYSE:NOW) Q2 2026 revenue figures?

ServiceNow (NYSE:NOW) reported subscription revenue of $3.88 billion and total revenue of $3.99 billion. These figures represented respective year-over-year increases of 24.5% and 24%.

What does ServiceNow’s (NYSE:NOW) $13.20 billion cRPO mean?

ServiceNow’s (NYSE:NOW) $13.20 billion cRPO represents contracted revenue expected to be recognized during the next 12 months. The balance increased 21% year over year and 21.5% in constant currency.

How is ServiceNow’s (NYSE:NOW) AI business performing?

ServiceNow (NYSE:NOW) said its AI products crossed $1 billion in annual contract value during Q2 2026. Annual contract value measures the annualized value of active customer contracts.

What does ServiceNow’s (NYSE:NOW) raised outlook mean?

ServiceNow (NYSE:NOW) increased its full-year subscription revenue forecast after exceeding Q2 guidance. Its previous outlook was $15.735 billion–$15.775 billion, although the supplied results summary did not include the revised range.

Technology

Image for illustrative purposes only. Not a real photo.

ServiceNow subscription revenue rises 24.5% to $3.88B

Written by Isaac FrancisPublished Jul 22, 2026, 8:19 AM

ServiceNow reported Q2 subscription revenue of $3.88 billion, up 24.5%, while total revenue increased 24% to $3.99 billion.
The stock closed 6.5% lower at $95.41 before the after-market earnings announcement.
ServiceNow raised its full-year subscription revenue outlook after its AI business crossed $1 billion in annual contract value.

ServiceNow (NYSE:NOW) reported second-quarter subscription revenue of $3.88 billion, up 24.5%, as total revenue increased 24% to $3.99 billion.

Subscription revenue exceeded ServiceNow’s previous $3.815 billion–$3.820 billion guidance and rose from $3.11 billion one year earlier.

Current remaining performance obligations increased 21% to $13.20 billion, including constant-currency growth of 21.5%.

Total remaining performance obligations reached $29 billion, up 21%, while ServiceNow said its AI products crossed $1 billion in annual contract value.

ServiceNow generated $3.67 billion in subscription revenue during Q1, when current and total remaining performance obligations reached $12.64 billion and $27.7 billion.

ServiceNow raised its full-year subscription revenue outlook above the $15.735 billion–$15.775 billion range issued after its first-quarter results.