ServiceNow Reports Q3 Revenue of $4.106 Billion and Announces Armis Acquisition
ServiceNow reported Q3 2026 revenue of $4.106 billion, up 20.5% year over year, including subscription revenue of $3.988 billion. It also announced a $7.75 billion acquisition of Armis. The report says adjusted EPS missed estimates and Q4 guidance was weaker than expected.
ServiceNow, Inc. reported Q3 2026 total revenue of $4.106 billion, a 20.5% increase year-over-year, with subscription revenue reaching $3.988 billion. Despite the revenue growth, the company missed adjusted EPS estimates and provided weaker-than-expected Q4 guidance, leading to a significant decline in its share price. Concurrently, the company announced the $7.75 billion acquisition of cybersecurity company Armis.
Management noted that early contract renewals contributed to the quarterly performance, while analysts expressed mixed views on the company's AI monetization strategy and near-term growth outlook.