ServiceNow Inc. (NOW) delivered mixed results in Q2 FY2026 on revenue of $4.0B versus the $3.9B estimate (+24.0% YoY) and EPS of $0.90. The next ServiceNow Inc. (NOW) earnings date is Oct 28, 2026. Below is the full ServiceNow Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
ServiceNow Inc. (NOW) Earnings Analysis — key stats
Next earnings date
Oct 28, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Mixed
EPS beat rate
5 of last 8 (quarters above estimate)
Avg next-day move
±10.1% (over the last 8 reports)
Post-earnings direction
Up 3 / Down 5 (of the last 8 reports)
Implied move (next report)
±29.5% (options-derived · into Oct 28, 2026)
Institutional ownership
80.5% (13F as of 2026-06-30)
Top 10 holders
34.0% (of shares outstanding)
Insider activity
4 buys / 8 sells (recent Form 4 filings)
Revenue
$4.0B (vs $3.9B est · +1.5% surprise · +24.0% YoY)
EPS
$0.90 (vs $0.86 est · +4.7% surprise · -21.6% YoY)
Share price
$124.00 (-2.5%)
Market cap
$128.2B
ServiceNow Inc. (NOW) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$4.0B vs $3.9B est
$0.90 vs $0.86 est
+4.7%
-9.9%
Mixed
Q2 FY2026
$3.8B vs $3.7B est
$0.97 vs $0.97 est
+0.0%
-15.3%
In line
Q1 FY2026
$3.6B vs $3.5B est
$0.92 vs $0.89 est
+4.0%
-11.4%
Mixed
Q4 FY2025
$3.4B vs $3.4B est
$0.96 vs $0.85 est
+13.3%
-0.3%
Mixed
Q3 FY2025
$3.2B vs $3.1B est
$0.82 vs $0.71 est
+14.7%
+3.5%
Beat
Q2 FY2025
$3.1B vs $3.1B est
$0.81 vs $0.77 est
+5.5%
+22.4%
Mixed
Q1 FY2025
$3.0B vs $3.0B est
$0.73 vs $0.73 est
+0.5%
-13.5%
In line
Q4 FY2024
$2.8B vs $2.7B est
$0.41 vs $0.69 est
-40.0%
+4.2%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
9.3%
96.1M
$9.5B
-1.5%
Vanguard Capital Management LLC
6.5%
67.4M
$6.7B
-0.9%
State Street Corp
4.7%
49.0M
$4.9B
+2.0%
Morgan Stanley
2.6%
26.6M
$2.6B
+14.1%
Undisclosed filer
2.4%
25.2M
$2.5B
+0.0%
Geode Capital Management, LLC
2.3%
24.3M
$2.4B
-0.6%
Ubs Asset Management Americas INC
1.6%
16.6M
$1.7B
+16.6%
Susquehanna International Group, Llp
1.6%
16.4M
$1.6B
+73.6%
Price T Rowe Associates INC /Md/
1.6%
16.1M
$1.6B
-52.9%
Susquehanna International Group, Llp
1.4%
14.7M
$1.5B
+96.1%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Buy
4K
—
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Buy
910
—
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Buy
330
—
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Buy
75
—
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Sell
30
$3746
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Sell
132
$16484
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Sell
364
$45456
Fipps Paul
officer: President, Global Customer Ops
2026-08-07
Sell
2K
$205552
What you'll find
Next ServiceNow Inc. (NOW) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment ServiceNow Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in ServiceNow Inc. (NOW)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is ServiceNow Inc.'s next earnings date?
ServiceNow Inc.'s (NOW) next scheduled earnings date is Oct 28, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did ServiceNow Inc. (NOW) beat or miss earnings?
In Q2 FY2026, ServiceNow Inc. (NOW) posted mixed results — revenue of $4.0B versus the $3.9B estimate (+1.5% surprise) and EPS of $0.90 versus $0.86 expected (+4.7% surprise). Magnisto decodes every ServiceNow Inc. (NOW) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does ServiceNow Inc. beat earnings estimates?
Over its last 8 reported quarters, ServiceNow Inc. (NOW) beat Wall Street EPS estimates 5 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every ServiceNow Inc. (NOW) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does ServiceNow Inc. stock move after earnings?
Over its last 8 quarterly reports, ServiceNow Inc. (NOW) moved an average of ±10.1% the day after earnings — ranging from -15.3% (Q2 FY2026) to +22.4% (Q2 FY2025). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Oct 28, 2026, options-implied volatility is pricing in a move of roughly ±29.5% (derived). Magnisto tracks the realized post-earnings move for every ServiceNow Inc. (NOW) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of ServiceNow Inc.?
Institutions hold about 80.5% of ServiceNow Inc.'s (NOW) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.3%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.7%). Magnisto lists ServiceNow Inc.'s (NOW) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling ServiceNow Inc. (NOW)?
In the most recent Form 4 filings Magnisto tracks, ServiceNow Inc. (NOW) insiders recorded 4 purchases and 8 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for ServiceNow Inc. (NOW) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for ServiceNow Inc. (NOW), anchored to the current $124.00 share price, so you can weigh the bull, base and bear cases for ServiceNow Inc. side by side.
Is ServiceNow Inc. (NOW) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether ServiceNow Inc. fits your own thesis and risk profile. This is research, not investment advice.