ServiceNow reported third-quarter results that exceeded Wall Street estimates, with earnings per share at $4.82 and revenue at $3.41 billion. Subscription revenues grew to $3.3 billion, beating expectations. The company raised full-year guidance to $12.84-$12.85 billion. CEO Bill McDermott highlighted AI’s role in driving growth, with CFO Gina Mastantuono projecting AI business value to surpass $500 million this year.

Net income for ServiceNow reached $502 million, with remaining performance obligations at $11.35 billion. Fourth-quarter guidance includes $3.42-$3.43 billion in subscription revenues, with a focus on U.S. government business growth despite ongoing uncertainty. A five-for-one stock split was approved to make shares more accessible to retail investors, with the stock down 13% year-to-date.

Read more at CNBC: ServiceNow (NOW) earnings Q3 2025