ServiceNow Beat Expectations

ServiceNow (NOW) reported earnings of $4.12 per share on revenue of $3.09 billion for the first quarter ended March 2025. The consensus earnings estimate was $3.83 per share on revenue of $3.08 billion. The Earnings Whisper number was $3.98 per share. The company beat expectations by 3.52% while revenue grew 18.63% on a year-over-year basis.

The company said it expects 2025 subscription revenue of $12.640 billion to $12.680 billion. The company's previous guidance was subscription revenue of $12.635 to $12.675 billion and the current consensus estimate is total revenue $13.00 billion for the year ending December 31, 2025.

ServiceNow Inc is a provider of cloud-based solutions that define, structure, manage and automate services across the enterprise. Its services include a suite of applications built on proprietary platform.