ServiceNow Expects AI Deployment Investments to Trim Q4 Subscription Revenue Growth by 50 Basis Points
Bitget2026/10/28 21:08- ServiceNow forecasts 2026 subscription revenue of $15.78 billion to $15.79 billion, representing 22.5% growth.
- Fourth-quarter subscription revenue growth is projected at 21.5% in constant currency, with current remaining performance obligations growth of 18.5%.
- Non-GAAP operating margin is forecast at 32% for the fourth quarter, versus 31.5% for the full year.
- AI deployment investments are expected to shift 50 basis points of fourth-quarter subscription revenue growth into professional services, versus 25 basis points previously.
- Termination-for-convenience provisions are expected to exclude approximately 50 basis points of year-over-year subscription backlog growth from current remaining performance obligations at year-end.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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