ServiceNow delivered strong Q1 2026 results with revenue growth exceeding guidance, driven by robust subscription and customer expansion, amid a strategic focus on AI and security-driven market opportunities.
- Subscription revenue increased 19% in constant currency, surpassing the high end of guidance, with 23.5% growth in RPO and a total of $28 billion.
- Customer spending over $1 million grew 130% YoY, with 16 deals over $5 million and five over $10 million in NNACV.
- Recent acquisitions like Armis and Veza accelerate ServiceNow’s AI security platform, integrating asset visibility and identity governance into a unified security stack.
- The company reinforced its strategic positioning in core IT, AI security, andworkflow automation, with a focus on expanding enterprise AI adoption.
- Full-year guidance and strategic initiatives remain on track, with upcoming Investor Day emphasizing continued growth, margin expansion, and innovation.
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