ServiceNow builds cloud software that helps large organizations manage work across IT, customer service, human resources, and security. Its applications handle tasks such as resolving support tickets, onboarding employees, and responding to customer requests. Businesses configure forms, approval steps, and automation through visual tools on a common platform, connecting existing systems and using AI to assist workers or carry out tasks. The company sells subscriptions to its applications and platform, with professional services helping customers implement and use the software. Founded in 2004, ServiceNow is headquartered in Santa Clara, California.
Work here?Claim your company
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
2004
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$4.3B
Above
Industry Average
Funded Over
8 Rounds
ServiceNow spent about $7.75 billion in cash on Armis as it aims to lead enterprise security. Chief executive officer Bill McDermott said on September 9 that the company is "now the eighth largest with an ambition to be #1." The company reports third-quarter results after the close on October 28, its first earnings since that claim. Investors will look for a disclosed security growth rate. BNP Paribas estimates security and risk could reach about $1.5 billion in annual contract value, growing 30% to 40%. ServiceNow has not confirmed this. Acquisitions are weighing on margins. Third-quarter guidance is an 8% GAAP operating margin against 31% non-GAAP. Revenue beat estimates in each of the last five quarters, yet the stock fell after the last three reports. Consensus expects revenue of about $4.09 billion, up about 20%.
StockStory, a stock research service, named two large-cap stocks to watch and one to avoid. It advises steering clear of Moderna, which has a market cap of $96.65 billion. Sales fell 20.5% annually over five years, and earnings per share dropped 24.5% annually. Its free cash flow margin fell 95.9 percentage points. The stock trades at $241.71, or 44.1x forward price-to-sales. ServiceNow ($154.6 billion market cap) grew annual recurring revenue 22.3% over the last year and has a free cash flow margin of 33.4%. It trades at $148.56 per share. Kinder Morgan ($74.75 billion market cap) reported $17.96 billion in revenue. Its shares trade at $33.64, or 22.5x forward earnings.
ServiceNow president and chief financial officer Gina Mastantuono says overwork does not make a better leader. Speaking at the Fortune Most Powerful Women Summit, she said recovery is a prerequisite for high performance, not a distraction from it. She criticised the idea that 14-hour days and four hours of sleep show commitment. "That is such a terrible example for the people around us," she said. Prioritising recovery helped her listen more thoughtfully, stay composed under pressure, and improve her work-life balance. Fellow panellist Alicia Hatch of Deloitte said 94% of female C-suite executives played sports growing up. Deloitte projects global women's sports revenue will reach at least $3 billion in 2026, a 340% rise over four years.
ServiceNow is growing revenue faster than Workday, according to an analysis of the two software companies' last eight quarters. ServiceNow's second-quarter revenue reached $4.0 billion, up 24% year over year. Workday's hit $2.7 billion, up 13%. ServiceNow's AI offerings passed $1 billion in annual contract value (ACV) during the quarter. Customers with more than $5 million in ACV rose 23%. Workday said AI capabilities drove more than 25% of its new ACV in its fiscal second quarter.
More than 25% of S&P 500 stocks are down 40% or more from their highs, even with the index near record levels, as of October 8, 2026. The Motley Fool sees that as a chance to hunt for bargains in tech. It names four picks. Netflix trades at about 18.5 times 2027 analyst earnings estimates, and advertising should drive its growth. Oracle has a $664 billion backlog in cloud infrastructure, but carries heavy debt and burns cash. ServiceNow, hit by the 2026 software sell-off, trades at 7.5 times forward sales as it pushes into agentic AI. AppLovin trades at 13 times 2027 earnings estimates. Its revenue rose 53% last quarter to $1.9 billion.
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
2004
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs