Earnings release
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servicenow . ServiceNow Reports Second Quarter 2021 Financial Results Subscription revenues of $ 1,330 million in Q2 2021 , representing 31 % year - over - year growth , 27 % adjusted for constant currency Current remaining performance obligations of $ 4.7 billion as of Q2 2021 , representing 34 % year - over - year growth , 31 % adjusted for constant currency 1,201 total customers with over $ 1 million in annual contract value , representing 25 % year - over - year growth SANTA CLARA , Calif . - July 28 , 2021 - 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 , 2021 , with subscription revenues of $ 1,330 million in Q2 2021 , representing 31 % year - over - year growth , 27 % adjusted for constant currency . As of June 30 , 2021 , current remaining performance obligations ( " cRPO " ) , contract revenue that will be recognized as revenue in the next 12 months , was $ 4.7 billion , representing 34 % year - over - year growth , 31 % adjusted for constant currency . The company now has 1,201 total customers with more than $ 1 million in annual contract value , representing 25 % year - over - year growth in customers . " I'm so proud of our team's performance , significantly exceeding the high end of our guidance across all metrics , which is reflected in our strong full - year guidance raise , " said Bill McDermott , ServiceNow president and CEO . " Business leaders worldwide are facing ' do or die ' moments in a forever changed world . They are leveraging the flexibility of the Now Platform to create innovative digital solutions needed to solve the biggest challenges of our time . In partnership with our customers , we workflow a better world . " ServiceNow CFO Gina Mastantuono said , " Q2 was a tremendous quarter , showcasing the power of our business model and our ability to drive a balance of growth and profitability . The team demonstrated exceptional execution , and we saw strong demand across all regions and workflows . We are the platform for digital business , and we are well on our way to becoming a $ 15 + billion revenue company . " During the quarter , ServiceNow hosted Knowledge 2021 , where customers , partners , and developers from 141 countries came together to address how they are using digital workflows to grow their business , become more resilient , and reshape their industries . At Knowledge 21 , ServiceNow released new solutions to power the manufacturing and healthcare and life sciences industries by helping customers increase their agility , resilience , and productivity . In Q2 , the company also acquired next - generation observability leader Lightstep to help customers accelerate digital transformation with insight - driven , action - oriented workflows . To support customers as they prepare for a hybrid workplace , ServiceNow recently announced an integration with Microsoft's new Windows 365 solution to let users easily access Cloud PCs directly through Microsoft Teams . The company also launched enhancements to its Workplace Service Delivery solution to give customers consumer - grade employee experiences and optimize real estate planning , enabling productivity and flexibility in the new world of work . 1