ServiceNow (NOW) — Research Summary as of August 7, 2026

Key Recent Catalysts (Last ~1–3 Months)

The most significant recent catalyst was ServiceNow's Q2 2026 earnings report, released on July 22, 2026. The company reported subscription revenues of $3,877 million, representing 24.5% year-over-year growth (23% in constant currency), which beat guidance by approximately 150 basis points [1][4]. Total revenue came in at $3.99 billion, up 24% YoY [2]. EPS of $0.90 beat the $0.86 consensus estimate by 5.1% [3].