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ServiceNow Subscription Revenue Climbs 21% as Company Shifts to Hybrid AI Pricing

Summary by Subscription Insider
ServiceNow (NYSE: NOW) closed out 2024 with strong subscription revenue growth and a shift in pricing strategy, reinforcing its leadership in AI-powered enterprise SaaS. The company’s subscription revenue hit $2.866 billion in Q4, up 21% YoY, supported by a 98% renewal rate and nearly 500 enterprise customers exceeding $5 million in annual contract value (ACV). For 2025… Source
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Subscription Insider broke the news in on Friday, February 7, 2025.
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