NOW
ServiceNow, Inc.
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for ServiceNow, Inc..
$106.24+2.00 (+1.92%)● Live
Current Narrative
ServiceNow is caught in a valuation vise. Q4 2025 crushed estimates — subscription revenue up 21% to $3.47B, EPS beat — but conservative FY26 guidance triggered a 35%+ selloff to 52-week lows. The stock went from AI darling to proof-of-monetization scrutiny overnight. Bulls argue the platform is becoming the essential AI workflow orchestrator for enterprises, with robust adoption metrics. Bears point to stretched multiples finally normalizing. At $105 vs. $200+ highs, the debate is whether this is a generational entry point or the start of a longer reset.
Rule of 402025 Q4
76.7
✓ Passing
Revenue Growth YoY+20.7%
+
FCF Margin+56.1%
History
2024 R40 +54
2025 R40 +55
Background
Company History
ExchangeNYSE
IPO DateJun 29, 2012
Shares Outstanding1.05Bi
2004
Founding by Fred Luddy
Launched as Glidesoft, focusing on IT service management (ITSM) automation; sets foundation for cloud-based workflow disruption.
2012
IPO on NYSE
Raises $210M in June public offering; marks transition to high-growth SaaS stock amid shift from on-premise IT tools.
2015
Platform Expansion Beyond ITSM
Introduces broader workflow capabilities (HR, customer service); narrative shifts to
2019
Bill McDermott Becomes CEO
Former SAP chief takes helm; aggressive sales push and integrations drive subscription growth surge, elevating to mega-cap status.
2020
Pandemic Tailwinds and AI Acquisitions
Remote work boom accelerates adoption; acquisitions like Element AI bolster early AI capabilities, reframing as future-proof platform.
2023
Vancouver Release and Generative AI Push
Major platform update integrates GenAI tools; ignites stock rally on
2024
Series of AI-Focused Acquisitions
Multiple buys enhance AI portfolio; solidifies narrative as leading enterprise AI workflow orchestrator with massive deal wins.
2026
Q4 2025 Earnings and Valuation Correction
Strong results but cautious guidance trigger sharp selloff (-35%+); shifts sentiment from unchecked AI growth to proof-of-monetization scrutiny.
Leadership
Key Players
Bill McDermott
Chairman & CEOCEO since 2019. Former SAP CEO. Aggressive growth strategy and AI focus. Known for charismatic leadership.
Gina Mastantuono
CFOCFO since 2020. Previously CFO at Ingram Micro. Driving profitable growth and margin expansion.
CJ Desai
President & COOCOO since 2019, President since 2022. Leads product and engineering. Previously at Symantec.
Chirantan "CJ" Desai
Chief Product OfficerLeads product strategy including AI and automation. Key to Now Platform evolution.
Fred Luddy
Founder & Board MemberFounded ServiceNow in 2004. Created the original Now Platform. Still involved as board member.
Short Interest
Short interest data unavailable for NOW.
