Revenue segments as reported by the company.

Subscription

Professional Services & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

ServiceNow

ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. The firm delivers digital workflows on a single enterprise cloud platform called the Now Platform. Its product portfolio is focused on providing Information Technology, Employee and Customer workflows. It offers its solutions for the industries under the categories of government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil & gas, education, and consumer products. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ServiceNow beats Q4 expectations, eyes growth in key regions

ServiceNow delivered a strong Q4 performance, surpassing guidance with robust subscription revenue growth and high renewal rates, showcasing leadership in digital transformation.
While facing challenges like margin pressures and NRR scrutiny, the company remains focused on simplicity, innovation, and sustainable growth strategies to navigate market complexities.
Opportunities in key regions, strategic hiring, and product optimization present avenues for continued expansion and market leadership, supported by a clear vision for becoming a defining enterprise software company.
Analysts' inquiries and management responses highlighted strategic insights, addressing concerns effectively and reinforcing confidence in ServiceNow's ability to drive growth and value creation.

ServiceNow surpasses Q1 expectations, eyes growth amid uncertainties

ServiceNow's Q1 showcased exceptional performance, exceeding expectations across key metrics. With a focus on innovation, growth, and profitability, the company is well-positioned as a leader in digital transformation. While facing macroeconomic uncertainties, ServiceNow is actively pursuing opportunities for expansion and market differentiation.

ServiceNow surpasses Q2 expectations, focuses on generative AI growth

ServiceNow's Q2 performance exceeded expectations, driven by strong subscription revenue growth and a focus on generative AI.
The company's loyalty effect, robust pipeline, and strategic differentiation in offerings position it well for continued success.
While challenges around pricing power and operational efficiencies exist, ServiceNow's opportunities lie in AI innovation and market expansion.
With a focus on customer value realization and strategic partnerships, ServiceNow is poised for sustained growth and market leadership.

ServiceNow excels in Q3, eyes gen AI growth opportunities

ServiceNow delivered robust Q3 results, showcasing strong growth in subscription revenues, new deals, and operational efficiency.
Despite challenges related to federal deals and gen AI integration, the company's strategic strengths and market positioning offer promising growth opportunities.
With a focus on innovation, partnerships, and market expansion, ServiceNow remains confident in its long-term goals and is well-prepared for future success.

ServiceNow exceeds Q4 expectations, poised for growth in 2024

ServiceNow's outstanding Q4 2023 performance, driven by strong subscription revenue growth, key partnerships, and focus on gen AI products, positions the company for continued success. With a strategic emphasis on innovation, operational efficiency, and customer value, ServiceNow is well-positioned to capitalize on market opportunities and drive growth in 2024. Challenges in maintaining innovation pace and balancing investment priorities highlight areas for strategic focus and operational alignment.

ServiceNow excels in Q1 2024, eyes GenAI expansion and global growth

ServiceNow's Q1 2024 performance reflects robust growth, driven by strong subscription revenues, large deal signings, and expanding global presence. Strategic strengths in AI platform adoption, partnerships, and platform breadth position the company for continued success. Challenges in migration, talent management, and resource allocation require attention, while opportunities in GenAI adoption, partnerships, and regional expansion offer avenues for future growth.

ServiceNow excels in Q2 2024, eyes growth through AI and partnerships

ServiceNow's Q2 2024 showcased robust financial performance, strong market demand, and strategic growth initiatives, positioning the company for continued success.
While facing leadership changes and competitive challenges, ServiceNow's focus on innovation, partnerships, and market expansion presents opportunities for sustained growth and market leadership.
By leveraging its strengths in AI integration, strategic partnerships, and market expansion, ServiceNow can navigate challenges, capitalize on opportunities, and drive long-term value for stakeholders.

ServiceNow excels in Q3 with strategic partnerships and AI innovations

ServiceNow's Q3 showcased strong performance, emphasizing elite execution and strategic partnerships. With a focus on AI innovation and market expansion, the company raised their 2024 outlook with confidence in continued growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ServiceNow, Inc. engages in the provision of an end-to-end workflow automation platform for digital businesses. Its Now Platform is a cloud-based solution embedded with artificial intelligence (AI) and machine learning (ML). The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.

Advanced Micro Devices

CrowdStrike

Fiserv

Palantir Technologies

Atlassian

Uber

As the mega-cap tech rally stalls, investors are starting to think about what stocks could make up the next “Magnificent Seven.” Ritholtz Wealth Management‘s Josh Brown used a stock screener and came up with seven names he calls the “Mag 7 Bench.

The 'Mag 7 Bench': Josh Brown Picks The Next Magnificent 7 Stocks - CrowdStrike Holdings (NASDAQ:CRWD), Advanced Micro Devices (NASDAQ:AMD)

In the latest trading session, ServiceNow (NOW) closed at $776.88, marking a -1.61% move from the previous day.

ServiceNow (NOW) Suffers a Larger Drop Than the General Market: Key Insights

ServiceNow exceeds fourth quarter 2023 revenue and earnings guidance and raised subscription revenue guidance for 2024 due to strong adoption of AI products. The company benefits from customers seeking digital transformation solutions. It is in an excellent position to maintain or increase revenue growth while keeping costs in line during 2024 and beyond.

ServiceNow: A Strong Investment Opportunity For The AI Era

Adobe

ASML Hld

Broadcom

Salesforce

Eli Lilly

Netflix

Taiwan Semiconductor Manufacturing

Visa

The Magnificent 7 stocks of Microsoft, Apple, NVIDIA, Alphabet, Amazon, Meta, and Tesla have become the talk of the market.

Prediction: A New Stock Will Join the Magnificent 7

SAN JOSE, Calif.--(BUSINESS WIRE)-- #AIForService--Neuron7, the leader in AI for service resolution intelligence, today announced that its partner, ServiceNow, has made a strategic investment in the company through ServiceNow Ventures. Neuron7 released Resolution Intelligence on the ServiceNow Store, bringing value to joint customers across ITSM, CSM, and FSM workflows. Neuron7's Resolution Intelligence helps enterprise organizations resolve issues across the service continuum. By learning from data and people.

Neuron7.ai Announces Strategic Investment from ServiceNow Ventures and Debuts Resolution Intelligence on ServiceNow Store

MercadoLibre

Super Micro Computer

So far in 2024 shares of Tesla (NASDAQ: TSLA ) and Apple (NASDAQ: AAPL ) haven't done well at all, falling 28% and 11.5%, respectively. As a result, it appears that they aren't so “magnificent” and their spots in the Magnificent 7 should probably be taken by other tech stocks.

3 Tech Stocks With the Potential to Be ‘Magnificent 7' Worthy

AI play ServiceNow is setting up, while three other stocks are flashing buy signals.

ServiceNow Setting Up As Three Stocks Flash Buy Signals

NVIDIA

Autodesk

Dell Technologies

Microsoft

Nutanix

Oracle

SAP SE

Snowflake

Workday

Generative AI, hailed for more than a year now as tech's new frontier, is steadily scoring enterprise sales. And it isn't just Nvidia Corp. NVDA, -5.55% that is racking up stratospheric revenue and margins.

It's not just Nvidia: These companies are finally making real money from AI

ServiceNow is a leader in several software markets, including AI for IT operations and digital process automation. ServiceNow infuses its products with generative AI, creating tailwinds for the business.

A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Now and Hold Long-Term

Cloudflare

Grand View Research expects spending on artificial intelligence (AI) hardware, software, and services to increase 820% by 2030. Cloudflare's leadership among edge development platforms leaves the company well positioned to benefit as more businesses run AI applications in the cloud.

The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term

ASML has a monopoly on a critial part of the semiconductor supply chain. ServiceNow has withstood recent headwinds in the subscriptions software space.

The Best Stocks To Invest $1,000 in Right Now

Chipotle

e.l.f. Beauty

Billionaires reach high net worths by putting their capital to use. They invest in stocks, real estate and other assets that can achieve higher returns than savings accounts.

The Billionaire's Bet: 3 Stocks Poised for Parabolic Profits

Apollo Global Management

British American Tobacco

Enbridge

Lear

Altria

MPLX

TC Energy

A long-term retirement portfolio strategy built around specific needs is critical to achieving financial security. The Zen Portfolio strategy combines ETFs with high-conviction stock ideas to boost returns, yield, income growth, and provide diversification.

10 Blue-Chip Bargains That Could Potentially Boost Your Retirement Portfolio Yield

NEW YORK & NOIDA, India--(BUSINESS WIRE)-- #GenAI--HCLTech and ServiceNow have announced a partnership to deliver new generative AI (GenAI)-led solutions.

HCLTech and ServiceNow Partner to Deliver GenAI-led Solutions

ServiceNow (NOW) reachead $741.06 at the closing of the latest trading day, reflecting a +0.12% change compared to its last close.

ServiceNow (NOW) Rises But Trails Market: What Investors Should Know

Caterpillar

Constellation Energy Corp

CNBC's Jim Cramer on Wednesday said new tech and artificial intelligence are going to be at the heart of market gains over the next few years.

Jim Cramer names companies and sectors poised to rally on the AI wave

SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow named a Leader in Third-Party Risk Management Platforms by independent research firm.

ServiceNow named a Leader in Third-Party Risk Management Platforms by Independent Research Firm

Datadog

Gartner

MongoDB

The Nasdaq rebounded sharply in 2023 after a precipitous decline in 2022. Further gains could be in store for investors thanks to exciting opportunities in the software market.

History Says the Nasdaq Will Soar in 2024: Here Are My Top 5 Software Growth Stocks to Buy Before It Does

The ongoing global digital transformation provides opportunities for NOW to penetrate new workflow niches. ServiceNow dominates the U.S. market and has potential for expansion in Europe and Asia. My target price is $931.

ServiceNow: Successfully Absorbing Global Digital Transformation

ServiceNow, Inc. (NYSE:NOW ) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 5:10 PM ET Company Participants Gina Mastantuono - CFO Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us this afternoon.

ServiceNow, Inc. (NOW) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Is generative AI more than hype? For Nvidia comes, the answer is yes.

ServiceNow: GenAI Cuts Service Time 37%, May Add 20% To Client Revenue

ServiceNow and four big recent earnings movers fill out this weekend's watchlist of stocks in or near a buy zone

ServiceNow And This AI Play Lead 5 Stocks Near Buy Points

Microsoft and ServiceNow are competitively advantaged businesses that regularly report strong financial results. Microsoft has a strong presence in enterprise software and cloud computing services.

Potential Stock Splits in 2024: 2 Top Growth Stocks Up 264% and 216% in 5 Years to Buy Now

Alphabet

Discovering technological innovations and finding industry leaders can help investors outperform the stock market. This strategy worked well for investors who focused on companies with exposure to artificial intelligence.

3 Cloud Computing Titans That Will Lead the Digital Era

RESTON, Va.--(BUSINESS WIRE)-- #IntactTechnology--Intact Technology, Inc., a ServiceNow Elite Partner, has been named the ServiceNow U.S. Federal Partner of the Year. The prestigious award recognizes Intact's dedication to excellence, innovation, and unparalleled delivery to federal government customers. ServiceNow, a global leader in cloud-based workflow and digital transformation platforms, awards partners who demonstrate exceptional performance, customer satisfaction, and innovation in leveraging ServiceNow sol.

News for ServiceNow Stock (NOW)