ServiceNow (NOW) Announces Financial Results for Q1 2026

ServiceNow, Inc. (NYSE:NOW) is one of the Best Fundamental Stocks to Invest in According to Billionaires. On April 22, the company announced financial results for Q1 2026, with subscription revenues reaching $3,671 million, reflecting 22% YoY growth and 19% growth in constant currency. As of March 31, 2026, ServiceNow, Inc. (NYSE:NOW)’s current remaining performance obligations (cRPO) amounted to $12.64 billion, up by 22.5% YoY and 21% in constant currency.

ServiceNow (NOW) Announces Financial Results for Q1 2026

Furthermore, ServiceNow, Inc. (NYSE:NOW) had 16 transactions with more than $5 million in net new annual contract value in Q1 2026, which reflects ~80% YoY growth. It closed the quarter with 630 customers with over $5 million in ACV, reflecting ~22% YoY growth. Notably, the early close of the company’s Armis acquisition significantly expands the TAM and ramps up the subscription revenue growth trajectory.

For 2026, ServiceNow, Inc. (NYSE:NOW) raised its subscription revenues by $205 million at the midpoint to $15.735 billion – $15.775 billion. This reflects 20.5% – 21% YoY growth on a constant currency basis.

ServiceNow, Inc. (NYSE:NOW) offers cloud-based and AI-embedded end-to-end workflow automation solutions.

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