Service $NOW Q2 Earnings Breakdown $SPY $QQQ ✅ EPS: $0.90 vs $0.85 estimate ✅ Revenue: $3.99B vs $3.93B estimate (+24% YoY) ✅ Subscription Revenue: $3.88B (+24.5% YoY) ✅ Raised full-year subscription revenue outlook to $15.76B -$15.78B ✅ Remaining Performance Obligations: $29B in contracted future revenue ServiceNow continues to execute despite heavy pressure on software stocks from AI disruption fears. 🤖 AI momentum is accelerating: The company reported a 9x increase in agentic AI deployments over the last nine months as enterprises adopt AI powered workflows. 🔐 Cybersecurity is becoming a major growth driver: ServiceNow is expanding its AI governance and security capabilities, helping companies manage the growing number of AI agents and digital identities. CEO Bill McDermott highlighted the challenge ahead: “The attack surface is exploding.” ServiceNow is positioning itself as the platform enterprises use to manage, secure, and govern AI across their organizations.
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