ServiceNow (NOW) — Research Summary as of August 11, 2026

Key Recent Catalysts (Last ~1–3 Months)

Q2 2026 Earnings Beat (reported late July 2026)

The dominant catalyst has been ServiceNow's strong Q2 2026 earnings report. The company posted total revenues of $3.99 billion (up 24% YoY) and subscription revenues of $3.877 billion (up 24.5% YoY, 23% in constant currency), beating the high end of guidance across all topline and profitability metrics [5][6][7]. EPS came in at $0.90 vs. $0.86 estimated, a 5.1% beat [8]. The company also raised its full-year subscription revenue outlook [6].