servicenow revenue 2020

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Adjusted billings and the corresponding growth rates are derived by applying the average exchange rates in effect during the comparison period rather than the actual average exchange rates in effect during the current period, and by replacing the portion of multi-year billings in excess of twelve months during the current period with the portion of multi-year billings in excess of twelve months during the comparison period. See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP measures, and the table entitled “Reconciliation of Non-GAAP Financial Guidance” for a reconciliation of GAAP to non-GAAP measures. See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP measures, and the table entitled “Reconciliation of Non-GAAP Financial Guidance” for a reconciliation of GAAP to non-GAAP measures. Purchases of property and equipment as % of total revenues

Reduce spend, mitigate risk, and drive action across IT with intelligent operations.Use a web-based integrated development environment to build, deploy, and manage your apps.Cut overages and unexpected costs with increased visibility into your ServiceNow subscriptions.Drive continual service improvement with feedback and assessment results for any service.Manage and optimize vendor services from a single destination.Resolve issues faster with virtual agents that understand simple, human language.Assign customer requests and tasks to other departments with visual task boards.Boost customer satisfaction by providing an efficient face-to-face IT support experience.Modernize your campus IT to create amazing experiences for all.Modernize your campus IT to create amazing experiences for all.Deliver better business outcomes today for a healthier tomorrow by connecting your teams, workflows, and systems.Redefine citizen services and improve mission outcomes with a trusted cloud platform.Build customer loyalty, outpace fin-techs, and speed innovation while curbing risks and costs.Embrace "manufacturing as a service" to build new revenue streams.Develop new service lines to complement core product offerings.Work smarter and make better business decisions with Now Intelligence—powered by the Now Platform.See how companies like yours make the most out of their ServiceNow investment. Connect customer service with other teams to resolve issues quickly and proactively.Make IT a proactive business partner. We include stock awards with performance conditions not yet satisfied for non-GAAP weighted average diluted shares at forecasted attainment levels to the extent we believe it is probable that the performance condition will be met. © 2000-2020 Investor's Business Daily, Inc. All rights reservedHow do you build a more profitable portfolio?

Non-GAAP adjusted subscription revenues are adjusted for constant currency. ServiceNow (NYSE: NOW), the leading digital workflow company making work, work better for people, today announced financial results for its second quarter ended June 30, 2020, with subscription revenues of $1,016 million in Q2 2020, representing 30% year-over-year growth, 32% adjusted for constant currency.

With our recurring revenue model, we are in a strong financial position to manage through near-term uncertainties and for long-term growth. Amortization of debt discount and issuance costs for the convertible senior notes An audio replay of the conference call and webcast will be available two hours after its completion and will be accessible for 30 days. ServiceNow annual revenue for 2018 was $2.609B, a 35.98% increase from 2017. We continue to focus on customer‑driven innovation and remain confident in our path to $10 billion in revenue and beyond.”The following table summarizes our financial results for the first quarter 2020:Professional services and other gross profit (loss)While we believe we are in a strong financial position to weather impacts caused to our business by COVID‑19, many of our customers are now operating under very challenging circumstances, especially those in industries highly affected by COVID‑19, and may re‑evaluate their spend. The company’s future performance and financial results are subject to risks and uncertainties, and actual results could differ materially from the guidance set forth below. Please check your download folder. Explore tools and resources to drive business outcomes and achieve success faster.Learn how you can make your next upgrade easier and better.Discover new ways to transform the world of work and inspire innovation. Non-GAAP adjusted professional services and other billings Non-GAAP adjusted subscription billings are adjusted for constant currency and constant billings duration. Stock-based compensation as % of subscription revenues Stock-based compensation expense as % of total revenues Non-GAAP professional services and other gross profit We are further assuming that economic conditions will begin to open up more broadly by the end of the year. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness.