Short answer
ServiceNow (NOW) filed its Q2 2026 10-Q quarterly report on Jul 23, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $4.0B (up 24.0% year over year) with net income of $298M.
Q2 2026 key financials · XBRL
- Revenue
- $4.0B
- +24.0% YoY · +5.8% QoQ
- Net income
- $298M
- −22.6% YoY · −36.5% QoQ
- Operating margin
- 4.1%
- Gross margin
- 70.7%
- EPS (diluted)
- $0.29
- −84.2% YoY · −35.6% QoQ
Source: XBRL data from the ServiceNow (NOW) Q2 2026 10-Q on SEC EDGAR. USD.
ServiceNow Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $3.987B, up 24% YoY from $3.215B; subscription revenue $3.877B, up 25%
- Total gross margin 71% vs 77% YoY; subscription margin 73% vs 80%; services margin negative 26% vs 3%
- Worst-performing line professional services and other, with $110M revenue and negative 26% gross margin
- Six-month operating cash flow $2.257B vs $2.393B; free cash flow $2.299B vs $2.012B
- RPO $29.0B, up 21% YoY; management expects 2026 subscription revenue growth and higher subscription costs as a percentage of revenue
Risk Factors
- No Risk Factors section provided in the submitted excerpt
- New 4.250% notes due 2028, 4.700% notes due 2031, and additional maturities through 2056
- New term loan credit agreement dated April 17, 2026
- Commercial paper financing introduced through an April 1, 2026 credit agreement
- Share repurchase authorization increased by $5.0 billion in January 2026, with no repurchases during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other ServiceNow quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.