# ServiceNow plans to double its annual subscription revenue by 2030.

*business · news · 2026-05-06 · Fortune*

## Key points

- ServiceNow raised its 2030 subscription revenue target to over $30 billion, double its current revenue.
- ServiceNow expects AI products to contribute over 30% of total ACV by 2030.
- Now Assist's annual contract value target for 2025 was raised from $1 billion to $1.5 billion.
- AI-driven cost savings totaled $500 million in 2025, including $100 million in OpEx reductions.
- AI inference costs remain under 10% of ServiceNow's cost to serve, preserving gross margins above 80%.

**Companies:** ServiceNow
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/05/06/servicenow-30-billion-revenue-not-crazy-why/)

---

Canonical: https://newsio.io/n/e994ef7e-4b2d-421b-8fe2-6eddfdf6c911/servicenow-plans-to-double-its-annual-subscription-revenue-by-2030-the-company-s
Summarized by Newsio from Fortune. https://newsio.io/how-it-works
