ServiceNow Q4 beat meets AI doubts as NOW slips despite upbeat 2026 subscription forecast
ServiceNow forecast 2026 subscription revenue of $15.53 billion to $15.57 billion, sending shares down over 2% after hours. Fourth-quarter subscription revenue rose 21% to $3.466 billion, with net income at $401 million. The company expanded AI partnerships with Anthropic and OpenAI, and added $5 billion to its share buyback program. ServiceNow plans to acquire Armis and Veza in 2026.