ServiceNow delivered strong financial results for Q3 2024, with total revenue reaching $2.8 billion, up 22% year-over-year. Subscription revenue grew 23% to $2.7 billion, while net income surged 78% to $432 million. The company maintained a robust renewal rate of 98% and expanded its customer base to 2,020 customers with annual contract value exceeding $1 million.Operating performance showed significant improvement with operating income increasing 81% to $418 million. The company's remaining performance obligations (RPO) grew 36% year-over-year to $19.5 billion, with current RPO representing 48% of the total. Digital workflow products generated $2.4 billion in subscription revenue, while ITOM products contributed $317 million.Looking ahead, ServiceNow continues to demonstrate strong market momentum and operational efficiency. The company generated $2.6 billion in operating cash flow for the first nine months, up 47% year-over-year, and maintained $9.1 billion in total cash and investments. Management remains focused on expanding its intelligent platform capabilities and driving customer value through workflow automation and AI integration.

ServiceNow delivered strong financial results for Q3 2024, with total revenue reaching $2.8 billion, up 22% year-over-year. Subscription revenue grew 23% to $2.7 billion, while net income surged 78% to $432 million. The company maintained a robust renewal rate of 98% and expanded its customer base to 2,020 customers with annual contract value exceeding $1 million.Operating performance showed significant improvement with operating income increasing 81% to $418 million. The company's remaining performance obligations (RPO) grew 36% year-over-year to $19.5 billion, with current RPO representing 48% of the total. Digital workflow products generated $2.4 billion in subscription revenue, while ITOM products contributed $317 million.Looking ahead, ServiceNow continues to demonstrate strong market momentum and operational efficiency. The company generated $2.6 billion in operating cash flow for the first nine months, up 47% year-over-year, and maintained $9.1 billion in total cash and investments. Management remains focused on expanding its intelligent platform capabilities and driving customer value through workflow automation and AI integration.