# ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street's estimates.

*business · news · 2026-04-22 · CNBC*

## Key points

- ServiceNow raised its 2026 subscription revenue forecast to $15.74-$15.78 billion, up from previous guidance.
- Delayed large on-premise deals in the Middle East caused a 75 basis point headwind to subscription growth.
- ServiceNow completed its $7.75 billion acquisition of Armis much earlier than initially projected.
- First-quarter share repurchases exceeded 20 million, more than twice the total repurchased in full-year 2025.
- ServiceNow's AI product portfolio is on track to surpass its $1 billion revenue target for 2026.

**Companies:** ServiceNow
**Countries:** United States, Israel, Palestine

[Read the full story on CNBC](https://www.cnbc.com/2026/04/22/servicenow-now-earnings-q1-2026.html)

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