ServiceNow beats Q2 guidance with 24.5% subscription growth, AI crosses $1B milestone

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  AI products crossed $1 billion in annual contract value during Q2 2026, demonstrating strong customer adoption of the AI platform with net new ACV growth continuing to outpace expectations.

  Exhibit 99.1 view on EDGAR →
• high

  Q2 subscription revenues of $3,877M grew 24.5% year-over-year (23% constant currency), beating the high end of guidance by 150 basis points driven by net new ACV outperformance and stronger U.S. Federal demand.

  Exhibit 99.1 view on EDGAR →
• high

  Full-year 2026 subscription revenue guidance raised to $15,760-$15,780M (22.5% growth, 21% constant currency), reflecting Q2 net new ACV strength that exceeded expectations.

  Exhibit 99.1 view on EDGAR →