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# ServiceNow grows Q3 subscription revenue 21% to $3.988B and raises its AI target to $1.7B
- URL: https://www.enterprisey.com/servicenow-grows-q3-subscription-revenue-21-to-3-988b-and-raises-its-ai-target-to/
- Published: 2026-10-29T02:14:03.000Z
- Updated: 2026-10-29T02:14:03.000Z
- Description: ServiceNow's Q3 subscription revenue rose 21% to $3,988M, and it raised its 2026 AI contract value target to $1.7B, but shares fell after hours.
- Author: Enterprisey Admin
- Tags: News, Earnings

ServiceNow's third-quarter subscription revenue rose 21% to $3,988M and total revenue rose 20.5% to $4,106M. Current remaining performance obligations reached $13.65B, up 20.5%. ([ServiceNow via Yahoo Finance](https://uk.finance.yahoo.com/news/servicenow-reports-third-quarter-2026-201000609.html?ref=enterprisey.com))

GAAP EPS was $0.27 and non-GAAP EPS was $1.00\. The company set full-year 2026 subscription revenue guidance at $15,780M to $15,790M and raised its 2026 AI annual contract value target to $1.7B from $1B. Shares fell sharply in after-hours trading. ([ServiceNow via Yahoo Finance](https://uk.finance.yahoo.com/news/servicenow-reports-third-quarter-2026-201000609.html?ref=enterprisey.com); [Yahoo Finance](https://finance.yahoo.com/markets/stocks/live/earnings-live-updates-servicenow-stock-plunges-on-q3-earnings-miss-202539714.html?ref=enterprisey.com))