Added to YB: 2026-07-27
Pitch date: 2026-07-23
NOW [neutral]
ServiceNow, Inc.
Author Info
No bio for this author
Company Info
ServiceNow, Inc. provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.
Market Cap
$94.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.28
P/E
57.44
EV/Sales
6.55
Sector
Software
Category
growth
ServiceNow 2Q26 Earnings: Who Governs the Agents?
NOW (earnings): Q2 subscription rev $3.877B (+23% cc), cRPO +21.5% cc beat guide, 98% renewals, AI ACV crossed $1B (+40% seq). Agents consuming platform (ITOM/security/data pulled into deals), 50% net new non-seat based. But sub gross margin fell to 80.5% (from 83%), SBC 16.5%, goodwill $9.84B post-Armis. Constructive, not monopoly multiple.
Read full article (8 min)