ServiceNow raises 2026 AI annual contract value target to $1.7 billion
NOW•ServiceNow raised its 2026 AI annual contract value target to $1.7 billion, up 70% from the start of the year, and increased its full-year free cash flow margin target by 100 basis points to 36%.
1. Higher AI target
ServiceNow raised its 2026 AI annual contract value target to $1.7 billion, up 70% from the start of the year. President and CFO Gina Mastantuono cited stronger-than-expected AI sales, while year-to-date agentic AI consumption in production rose more than 13-fold year over year. The company also increased its full-year free cash flow margin target by 100 basis points to 36%, reflecting reduced capital expenditure.
