# ServiceNow is executing strongly, delivering 22% YoY subscription revenue growth despite negative sentiment and AI disruption fears.

*business · news · 2026-04-29 · Seeking Alpha*

## Key points

- ServiceNow has shifted 50% of new business to a usage-based pricing model.
- The platform achieved a 97% gross renewal rate, highlighting its mission-critical status.
- Long-term net margins are projected at 40–50% due to AI-led operational efficiencies.
- ServiceNow's valuation is considered undemanding relative to its growth and resilience.

**Companies:** ServiceNow, Inc., Adobe Inc., Microsoft Corporation
**Countries:** United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/article/4896117-servicenow-ai-control-tower-market-is-ignoring)

---

Canonical: https://newsio.io/n/156130d0-b918-4f2b-9f88-9fe511fa0e2c/servicenow-is-executing-strongly-delivering-22-yoy-subscription-revenue-growth-d
Summarized by Newsio from Seeking Alpha. https://newsio.io/how-it-works