ServiceNow grows Q3 subscription revenue 21% to $3.988B and raises its AI target to $1.7B

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.

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)

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; Yahoo Finance)