Servicenow

ServiceNow Expanding Data-Driven AI With Pyramid Analytics Acquisition

ServiceNow, led by CEO Bill McDermott, reported fourth-quarter earnings that surpassed Wall Street expectations, with subscription revenue of $3.47 billion, up 21% year-over-year. The company raised its 2026 subscription revenue guidance to between $15.53 billion and $15.57 billion. McDermott emphasized that ServiceNow is distinct from typical SaaS companies, aiming to be a central hub for AI and cybersecurity solutions. Notably, the company has made significant acquisitions, including a $7.75 billion deal for Armis, to enhance its capabilities.