ServiceNow CEO Bill McDermott looks on during an "Invest America" roundtable discussion with US President Donald Trump in the State Dining Room of the White House in Washington, DC on June 9, 2025.
ServiceNow topped Wall Street's fourth-quarter estimates after the bell on Wednesday, but shares fell more than 3%.
Here's how the company performed versus LSEG estimates:
Earnings per share : 92 cents adjusted vs. 88 cents expected
: 92 cents adjusted vs. 88 cents expected Revenue: $3.57 billion vs. $3.53 billion expected.
Revenues grew 20.5% from $2.96 billion in the year-ago period. Net income came in at $401 million, or 38 cents per share, up slightly from $384 million, or 37 cents per share, a year ago.
"Hopefully these results continue to demonstrate the fact that the strength of our business really is unwavering, and we're truly a one-of-one company in the software space," finance chief Gina Mastantuono told CNBC.
The board also approved additional $5 billion for share buybacks.
ServiceNow is forecasting subscription revenues between $3.65 billion and $3.66 billion in the first quarter and $15.53 billion and $15.57 billion for the 2026 fiscal year.
The enterprise software company said its acquisition of artificial intelligence company Moveworks will contribute 100 basis points to full-year and first-quarter subscription revenue growth and first-quarter current remaining performance obligations growth, which accounts for backlog.