ServiceNow said its RPO as of March 31, 2025 was $22.1 billion, of which 47% represented cRPO. RPO and cRPO increased by 25% and 22%, respectively, compared to March 31, 2024.

1. 01

   ServiceNow said its RPO as of March 31, 2025 was $22.1 billion, of which 47% represented cRPO. RPO and cRPO increased by 25% and 22%, respectively, compared to March 31, 2024.

2. 02

   The company said subscription revenues for the 3 months ended March 31, 2025 increased by $482 million compared to the same period in the prior year, citing increased purchases by new and existing customers as factors. Subscription gross profit percentage was 81% compared to 83% for the same period in the prior year.

3. 03

   ServiceNow said net cash provided by operating activities for the 3 months ended March 31, 2025 was $1,677 million, an increase from $1,341 million for the same period in the prior year. It cited increased collections from revenue growth as a factor.

4. 04

   The company repurchased 0.3 million shares of common stock on the open market for $298 million during the 3 months ended March 31, 2025. ServiceNow said approximately $3.0 billion remained available under its authorization as of March 31, 2025.

Key figures

Quarter ended March 31, 2025

Revenue

$3.1B

Operating income

$451M

Net income

$460M

EPS

$2.20

Gross profit

$2.4B

Operating cash flow

$1.7B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.