ServiceNow raises 2026 AI annual contract value target to $1.7 billion

Bitget2026/10/28 21:31

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ServiceNow raised its 2026 AI annual contract value target to $1.7 billion, up 70% from the start of the year.
President and CFO Gina Mastantuono cited stronger-than-expected AI sales; year-to-date agentic AI consumption in production rose more than 13-fold year over year.
The full-year free cash flow margin target increased 100 basis points to 36%, reflecting reduced capital expenditure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ServiceNow Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001373715-26-000095), on October 28, 2026, and is solely responsible for the information contained therein.

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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ServiceNow raises 2026 AI annual contract value target to $1.7 billion

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