ServiceNow
ServiceNow sells subscriptions to a cloud platform that runs companies’ internal workflows, from IT help desks to HR, customer service and security, and now adds AI agents that do the work.
Customers almost never leave.
Contracts run about three years and 98% of expiring contract value renews, so revenue compounds.
How big is ServiceNow?
Almost all revenue is subscriptions.
- Subscriptions97%$12.9B
- Professional services and other3%$395M
Start in IT. Spread across the company.
- 1IT service desk
- 2HR, customers, security
- 3AI agents on workflows
Every new department runs on the same platform and data, so each extra product is cheaper to sell than the first.
- BlackRock, Inc.8.8%
- Vanguard Capital Management7.49%
CEO: William R. (Bill) McDermott
- 2004Fred Luddy founds the company as Glidesoft
- 2012ServiceNow lists on the NYSE
- 2019Bill McDermott becomes CEO
- 2025Completes Moveworks acquisition
- 2026Completes Armis acquisition
Every number on this page comes from ServiceNow's own reports.
The rest of the story is in the app.
Point your phone at a logo.
See the company behind it.
The full story in 12 chapters · compare any two companies · 335 companies, and any other on request.
Download on the App Store
