ServiceNow, Inc. (NOW) Releases Q2 Financial Results; Beats Expectations

ServiceNow, Inc. (NYSE:NOW) secures a place on our list of the 12 Best Ethical Companies to Invest in 2025.

A close-up of a laptop screen displaying a data driven workflow for onboarding new employees.

On July 23, 2025, ServiceNow, Inc. (NYSE:NOW) reported financial results for Q2, beating guidance across all areas. The company reported subscription revenues of $3.11 billion, a 22.5% YoY growth, while its total revenues reached $3.22 billion, increasing at a similar growth rate. Furthermore, its remaining performance obligations reached $10.92 billion, an increase of 24.5%. Meanwhile, its customer base expanded with a 30% increase in customers, generating $20 million in annual contract value (ACV). It reported EPS of $4.09, beating expectations by 14.63%.

Looking ahead, analysts remain positive following the company’s strong quarter. On the same day as the earnings release, Jefferies increased its price target on ServiceNow, Inc. (NYSE:NOW) from $1,025 to $1,150, maintaining a ‘Buy’ rating. Stifel also increased its target to $1,200 on the same day.

With its Now platform, ServiceNow, Inc. (NYSE:NOW) offers a cloud-based solution for digital workflows globally. It is one of the best ESG stocks.

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Disclosure: None.