SF Jul 22, 2026 · 9:21 PM

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ServiceNow beats Q2 revenue estimates with 22% growth as Now Assist AI deals surge 70%

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ServiceNow beats Q2 revenue estimates with 22% growth as Now Assist AI deals surge 70%

ServiceNow reported Q2 2026 revenue beating the $3.92 billion consensus estimate, with multi-product Now Assist AI deals growing nearly 70% year over year. CEO Bill McDermott reiterated the company's $1.5 billion AI annual contract value target for 2026, giving enterprise software bulls their clearest data point yet that AI is producing durable, recurring revenue at scale.

Julian Lim

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