ServiceNow Board Approves 5-for-1 Stock Split

ServiceNow enters this corporate-action notice after a period of strong subscription-led growth. For the nine months ended Sept. 30, 2025, subscription revenues totaled $9,417 million, representing roughly 97% of total revenues and about 21% year-over-year subscription growth. Total revenues for FY 2025 are reported at $13,278 million, compared with $10,984 million in FY 2024. The company reported robust cash generation: nine‑month free cash flow was $2,604 million (up 27% year-over-year), and cash & equivalents stood at $2,725 million in Q3 2025 with $3,732 million reported at year-end FY 2025. Remaining Performance Obligations (RPO) were $24.3 billion (47% cRPO), up 24% year-over-year—an indicator of contract visibility for future revenue recognition. These metrics—subscription mix, RPO growth and free cash flow—frame the operational context in which the board has approved the split. ServiceNow continues to position its Now Platform and AI-enabled product suite (including Now Assist and platform data fabric investments) as strategic growth drivers per its filings.

The board’s approval is conditional on shareholder approval. Investors should monitor: - Proxy materials and the shareholder meeting notice for the vote date and record date; these will provide the official timetable and implementation details if approved. - Subsequent SEC filings (e.g., Form 8-K, proxy statements) for management commentary and mechanics of the split. - Ongoing quarterly disclosures (Q4 and subsequent 10-Q/10-K) for any related capital‑management commentary and to assess whether the company ties the split to broader capital-allocation plans. Given ServiceNow’s subscription-heavy revenue base and multi-year RPO, changes to share structure may be administrative in nature; any investor interpretation should be grounded in forthcoming company disclosures rather than the board action alone.