| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.4K | 6.0% | 21.8% |
| Total Income | 3.4K | 6.0% | 21.8% |
| Expenditure | 2.8K | 0.8% | 19.2% |
| PBT | 694.00 | 47.4% | 34.5% |
| Net Profit | 502.00 | 30.4% | 16.2% |
| OPM | 16.79% | 5.65pp | 1.84pp |
| NPM | 14.73% | 2.76pp | 0.71pp |
| EPS | 2.42 | 30.1% | 15.8% |
ServiceNow Reports Q3 2025 Financial Results; Authorizes Stock Split
04 May 2026 · 4 May, 8:32 am
Summary
ServiceNow announced its Q3 2025 financial results, showcasing strong growth in subscription revenues, total revenues, and remaining performance obligations. Subscription revenues grew by 21.5% year-over-year to $3,299 million, while total revenues increased by 22% to $3,407 million. The company's current remaining performance obligations reached $11.35 billion, a 21% increase year-over-year. ServiceNow also announced a five-for-one stock split, subject to shareholder approval. Management highlighted the company's AI platform and multiple growth vectors as key drivers of the exceptional quarter.
Key Highlights
- 1
ServiceNow's Q3 2025 subscription revenues reached $3,299 million, reflecting a 21.5% year-over-year growth, or 20.5% in constant currency.
- 2
Total revenues for Q3 2025 amounted to $3,407 million, representing a 22% year-over-year increase, or 20.5% in constant currency.
- 3
The company's current remaining performance obligations stood at $11.35 billion as of Q3 2025, a 21% increase year-over-year, or 20.5% in constant currency.
- 4
Remaining performance obligations totaled $24.3 billion as of Q3 2025, indicating a 24% year-over-year growth, or 23% in constant currency.
- 5
ServiceNow's Board of Directors has authorized a five-for-one split of the company’s common stock, pending shareholder approval.
- 6
The company had 103 transactions over $1 million in net new annual contract value in Q3.
- 7
ServiceNow ended the quarter with 553 customers with more than $5 million in ACV, representing 18% year-over-year growth.
Management Comments
Bill McDermott
This outstanding Q3 performance is the clearest demonstration yet that ServiceNow is the AI platform for business transformation. Every enterprise in every industry is focused on AI as the innovation opportunity of our generation. Leaders work with ServiceNow because they trust this proven platform as the core of their technology estate for decades to come. From autonomous workflows to AI-driven CRM, ServiceNow is putting AI to work for people, driving massive value creation for customers and shareholders.
Gina Mastantuono
Q3 was an exceptional quarter, with standout performances across the board. Now Assist, U.S. Federal, Workflow Data Fabric, and RaptorDB were all ahead of plan. These results underscore the power of the ServiceNow AI Platform and our multiple growth vectors, from core workflow expansion to the accelerating adoption of our innovative new products. Massive platform demand, combined with AI-driven efficiencies, not only fueled fantastic results but also reinforced our ability to scale with accelerating margin expansion.
Informational and educational content only. Not investment advice.