# ServiceNow announced its first quarter earnings yesterday, beating consensus Wall Street forecasts for revenue and exceeding the high end of its own guidance.

*genai · news · 2026-04-23 · Fortune*

## Key points

- ServiceNow raised its 2026 AI sales projection to $1.5 billion, 50% above previous estimates.
- The company completed its $7.75 billion acquisition of cybersecurity firm Armis in April 2024.
- Now Assist customers spending over $1 million annually grew more than 130% year over year.
- ServiceNow attributed slower subscription growth to economic uncertainty from the Iran war, cutting growth by 0.75%.
- ServiceNow has achieved $500 million in AI-driven value and redeployed 85% of service desk staff to higher-value roles.

**Companies:** ServiceNow
**Countries:** USA, Israel

[Read the full story on Fortune](https://fortune.com/2026/04/23/servicenow-earnings-forecast-blistering-growth-ai-product-sales/)

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