[{"data":1,"prerenderedAt":287},["ShallowReactive",2],{"triple-beat-NOW":3,"og-beat-monitoring-NOW":286},{"ticker":4,"name":5,"description":6,"epsLabel":7,"guidanceLabel":8,"stockLabel":9,"quarters":10,"tableNotes":196,"highlightQuarter":162,"highlightDescription":203,"sources":204,"latestStock":283},"NOW","ServiceNow","ServiceNow（NOW）はエンタープライズ向けワークフロー自動化「Now Platform」を展開する米国上場SaaS企業。IT・従業員・顧客・業務アプリのワークフローを単一プラットフォームで統合し、サブスクリプション売上を年+20%超で伸ばし続けている。経営の主要KPIはcRPO（current Remaining Performance Obligations）とサブスク売上で、決算ではこれらが会社ガイダンスを上回る「ガイダンス超過」が常態化。2024年以降はNow Assist（生成AI）のランプが新たな成長ドライバーとなり、$1M超のネットニューACV案件が積み上がる。一方で2025年後半〜2026年はSaaS全体のバリュエーション圧縮（ディレーティング）とマクロ要因（米連邦政府支出の不透明感、中東情勢による大型案件の遅延懸念）が重なり、決算自体は毎四半期ビート&レイズでも株価が報われない「good earnings, bad stock」の展開が続いた。2025年12月に5対1の株式分割を実施している。","EPS ($, 非GAAP・分割調整後)","次Qサブスク売上ガイド (midpoint, $B)","株価反応 ($, 分割調整後)",[11,34,55,77,98,120,140,161,180],{"quarter":12,"reportDate":13,"event":14,"revenue":15,"eps":20,"guidance":24,"stock":30},"Q2 2024","2024/7/24","cRPO $8.78B（+22.5% CC）、Pro Plus等AI製品が好調で通期サブスク・営業利益率ガイドを上方修正。翌日+13%",{"actual":16,"consensus":17,"beatPct":18,"yoyPct":19},"$2,627 M","$2,607 M",0.8,22,{"actual":21,"consensus":22,"beatPct":23},"$0.63","$0.57",9.8,{"revenue":25,"eps":29},{"company":26,"consensus":27,"beatPct":28},"$2,662.5 M","$2,675 M",-0.5,null,{"reportClose":31,"nextClose":32,"changePct":33},"$146.17","$165.76",13.4,{"quarter":35,"reportDate":36,"event":37,"revenue":38,"eps":42,"guidance":46,"stock":51},"Q3 2024","2024/10/23","サブスク売上+23%（ガイダンス上限を200bps超過）、$5M超ネットニューACV案件15件（+50% YoY）。AI製品ランプ継続",{"actual":39,"consensus":40,"beatPct":41,"yoyPct":19},"$2,797 M","$2,740 M",2.1,{"actual":43,"consensus":44,"beatPct":45},"$0.74","$0.69",7.5,{"revenue":47,"eps":29},{"company":48,"consensus":49,"beatPct":50},"$2,877.5 M","$2,850 M",1,{"reportClose":52,"nextClose":53,"changePct":54},"$181.54","$191.32",5.4,{"quarter":56,"reportDate":57,"event":58,"revenue":59,"eps":64,"guidance":68,"stock":73},"Q4 2024","2025/1/29","Q4はビートも2025通期サブスク見通しが市場期待（約$12.9B）に届かず（約$12.7B、為替逆風・連邦政府の後半偏重を織込み）。$3B自社株買い承認も翌日-11%",{"actual":60,"consensus":61,"beatPct":62,"yoyPct":63},"$2,957 M","$2,953 M",0.1,21,{"actual":65,"consensus":66,"beatPct":67},"$0.73","$0.72",2.5,{"revenue":69,"eps":29},{"company":70,"consensus":71,"beatPct":72},"$2,997.5 M","$3,035 M",-1.2,{"reportClose":74,"nextClose":75,"changePct":76},"$228.73","$202.55",-11.4,{"quarter":78,"reportDate":79,"event":80,"revenue":81,"eps":86,"guidance":90,"stock":94},"Q1 2025","2025/4/23","全トップライン・収益性指標でガイダンス超過。cRPO $10.31B（+22%）、営業利益率31%、過去最大のQ1ネットニューACV、通期ガイド上方修正で翌日+15%",{"actual":82,"consensus":83,"beatPct":84,"yoyPct":85},"$3,088 M","$3,082 M",0.2,18.5,{"actual":87,"consensus":88,"beatPct":89},"$0.81","$0.76",6.6,{"revenue":91,"eps":29},{"company":92,"consensus":93,"beatPct":62},"$3,032.5 M","$3,030 M",{"reportClose":95,"nextClose":96,"changePct":97},"$162.54","$187.71",15.5,{"quarter":99,"reportDate":100,"event":101,"revenue":102,"eps":107,"guidance":111,"stock":116},"Q2 2025","2025/7/23","ビート&レイズ。Now Assist（AI）需要が牽引し売上・EPSともコンセンサスを大幅超過、翌日+4%",{"actual":103,"consensus":104,"beatPct":105,"yoyPct":106},"$3,215 M","$3,120 M",3,22.5,{"actual":108,"consensus":109,"beatPct":110},"$0.82","$0.71",14.6,{"revenue":112,"eps":29},{"company":113,"consensus":114,"beatPct":115},"$3,262.5 M","$3,210 M",1.6,{"reportClose":117,"nextClose":118,"changePct":119},"$191.29","$199.24",4.2,{"quarter":121,"reportDate":122,"event":123,"revenue":124,"eps":128,"guidance":132,"stock":137},"Q3 2025","2025/10/29","再びビート&レイズで通期サブスク売上ガイドを上方修正。同時に5対1の株式分割を発表",{"actual":125,"consensus":126,"beatPct":127,"yoyPct":19},"$3,407 M","$3,360 M",1.4,{"actual":129,"consensus":130,"beatPct":131},"$0.96","$0.84",14.5,{"revenue":133,"eps":29},{"company":134,"consensus":135,"beatPct":136},"$3,425 M","$3,410 M",0.4,{"reportClose":138,"nextClose":139,"changePct":67},"$182.34","$186.94",{"quarter":141,"reportDate":142,"event":143,"revenue":144,"eps":148,"guidance":152,"stock":157},"Q4 2025","2026/1/28","全項目でガイダンスを上回る好決算かつ$5B自社株買い追加も、SaaS全体のディレーティングで株価は下落（-10%）",{"actual":145,"consensus":146,"beatPct":127,"yoyPct":147},"$3,568 M","$3,520 M",20.5,{"actual":149,"consensus":150,"beatPct":151},"$0.92","$0.87",5.7,{"revenue":153,"eps":29},{"company":154,"consensus":155,"beatPct":156},"$3,652.5 M","$3,600 M",1.5,{"reportClose":158,"nextClose":159,"changePct":160},"$129.62","$116.73",-9.9,{"quarter":162,"reportDate":163,"event":164,"revenue":165,"eps":169,"guidance":172,"stock":176},"Q1 2026","2026/4/22","全指標でガイダンス上限を超え通期サブスク見通しも上方修正したが、中東情勢による大型オンプレ案件の遅延が嫌気され翌日約-18%急落",{"actual":166,"consensus":167,"beatPct":168,"yoyPct":19},"$3,770 M","$3,750 M",0.5,{"actual":170,"consensus":171,"beatPct":41},"$0.97","$0.95",{"revenue":173,"eps":29},{"company":174,"consensus":175,"beatPct":41},"$3,817.5 M","$3,740 M",{"reportClose":177,"nextClose":178,"changePct":179},"$103.07","$84.78",-17.8,{"quarter":181,"reportDate":182,"isForecast":183,"event":184,"revenue":185,"eps":188,"guidance":190,"stock":195},"Q2 2026","2026/7/22",true,"2026/7/22 AMC 発表予定。2026/6/22時点のアナリスト予想は当期売上 $3.93 B / 非GAAP EPS $0.86、次Q (3Q 2026) 売上 $4.12 B / EPS $1.09（Koyfin 集約コンセンサス）。",{"actual":186,"consensus":187,"beatPct":29,"yoyPct":29},"n/a","$3.93 B",{"actual":186,"consensus":189,"beatPct":29},"$0.86",{"revenue":191,"eps":193},{"company":186,"consensus":192,"beatPct":29},"$4.12 B",{"company":186,"consensus":194,"beatPct":29},"$1.09",{"reportClose":186,"nextClose":186,"changePct":29},[197,198,199,200,201,202],"Q2 2026（2026/7/22 発表予定）はアナリスト予想のみ先行入力。当期 売上$3.93 B / EPS$0.86、次Q (3Q 2026) 売上$4.12 B / EPS$1.09 はいずれも 2026/6/22 時点で参照可能な Koyfin 集約コンセンサス。会社ガイダンス・実績・反応は発表後に更新する。","売上はtotal revenue（GAAP）、EPSは非GAAP希薄化EPS。各四半期の実績はServiceNowのSEC 8-K（EX-99.1）原本で確認。","ServiceNowは2025年12月に5対1株式分割を実施。EPS・株価は全四半期を分割調整後ベースに統一（分割前の四半期は実値÷5）。ビート率・YoY・騰落率は率のため分割の影響を受けない。","次Qガイダンスはサブスクリプション売上（subscription revenue）のmidpoint。ServiceNowはサブスク売上・営業利益率・cRPOでガイドする方針で、次Q EPSガイダンスは公表しない。","次Qサブスク売上ガイドに対するアナリストコンセンサスは Q4 2025発表分（→Q1 2026ガイド）と Q4 2025 のみ Bloomberg/IBES 等の明示引用から取得していたが、2026/6/26 に X-search（Grok）で各決算当日の決算速報アカウント（@GermanFinGuy / @MartyChargin / @EagleInvestors / @marketsday / @SMM_Newsletter / @Earnings4sight / @StockSavvyShay / @iqrastocks / @hataf_capital / @TheValueist / @Sam_Badawi 等）の複数投稿を突合し残り7四半期も中央値で確定（Q2 2024=$2,675M, Q3 2024=$2,850M, Q4 2024=$3,035M, Q1 2025=$3,030M, Q2 2025=$3,210M, Q3 2025=$3,410M, Q1 2026=$3,740M）。投稿者により Bloomberg / IBES / FactSet を引用先として明示しているケースもあり、3ソース以上で一致する中央値を採用。","EPSコンセンサスはZacks Consensus Estimate（非GAAP）を分割調整後に換算した代表値。売上コンセンサスはZacksのサプライズ率等から復元した代表値で、配信元により数Mの差異がありうる。","ServiceNowを象徴するのは **Q1 2026（2026年4月22日発表）**。売上$3,770M（予想$3,750M、+0.5%）、非GAAP EPS $0.97（予想$0.95、+2.1%）で全指標がコンセンサスを上回り、次Qサブスク売上ガイドも市場予想を超え、通期見通しも上方修正という文句なしの「ビート&レイズ」だった。それにもかかわらず、中東情勢（イラン紛争）に伴う大型オンプレミス案件の遅延への懸念が嫌気され、翌日株価は$103.07→$84.78へ**約-17.8%急落**した。これはServiceNowが2024年以降ほぼ毎四半期サブスク売上・cRPO・利益率でガイダンスを上回り続けているにもかかわらず、2025年後半からのSaaS全体のディレーティング（Q4 2024の-11%、Q4 2025の-10%、Q1 2026の-18%）の中で「良い決算が株価で報われない」局面に入ったことを最も鋭く示した四半期。ファンダメンタルズ（連続ビート）と株価反応（連続下落）の乖離こそが、この銘柄のビートモニタリング上の見どころとなっている。",[205,208,211,214,217,220,223,226,229,232,235,238,241,244,247,250,253,256,259,262,265,268,271,274,277,280],{"label":206,"url":207},"SEC 8-K ServiceNow Q2 FY2024 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371524000269/erq2fy24.htm",{"label":209,"url":210},"SEC 8-K ServiceNow Q3 FY2024 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371524000342/erq3fy24.htm",{"label":212,"url":213},"SEC 8-K ServiceNow Q4 FY2024 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371525000007/erq4fy24.htm",{"label":215,"url":216},"SEC 8-K ServiceNow Q1 FY2025 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371525000124/erq1fy25.htm",{"label":218,"url":219},"SEC 8-K ServiceNow Q2 FY2025 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371525000274/erq2fy25.htm",{"label":221,"url":222},"SEC 8-K ServiceNow Q3 FY2025 earnings release（5:1分割発表）","https://www.sec.gov/Archives/edgar/data/1373715/000137371525000305/erq3fy25.htm",{"label":224,"url":225},"SEC 8-K ServiceNow Q4 FY2025 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371526000005/erq4fy25.htm",{"label":227,"url":228},"SEC 8-K ServiceNow Q1 FY2026 earnings release","https://www.sec.gov/Archives/edgar/data/1373715/000137371526000054/erq1fy26.htm",{"label":230,"url":231},"Zacks: ServiceNow Tops Q3 2024 Earnings & Revenue Estimates","https://www.zacks.com/stock/news/2356214/servicenow-now-tops-q3-earnings-and-revenue-estimates",{"label":233,"url":234},"Zacks: ServiceNow Q4 2024 Earnings Beat, Shares Fall on Weak 2025 View","https://www.zacks.com/stock/news/2406892/now-q4-earnings-beat-estimates-shares-fall-on-weak-2025-view",{"label":236,"url":237},"Seeking Alpha: ServiceNow Q1 2026 sub guidance $3.65-3.66B vs cons $3.6B","https://seekingalpha.com/news/4510947-servicenow-raises-2025-subscription-revenue-and-margin-targets-amid-ai-led-growth-and-5",{"label":239,"url":240},"CNBC: ServiceNow Q1 2026 earnings — stock falls on Iran-war subscription headwind","https://www.cnbc.com/2026/04/22/servicenow-now-earnings-q1-2026.html",{"label":242,"url":243},"Q3 2024 sub rev guide $2.66-2.67B vs IBES $2.68B（X/@GermanFinGuy, 2024/7/24）","https://x.com/GermanFinGuy/status/1816205770616152518",{"label":245,"url":246},"Q3 2024 sub rev guide vs Analyst ~$2.67B（X/@MartyChargin, 2024/7/24）","https://x.com/MartyChargin/status/1816255827357098210",{"label":248,"url":249},"Q4 2024 sub rev guide $2.875-2.880B vs Consensus $2.85B（X/@Earnings4sight, 2024/10/24）","https://x.com/Earnings4sight/status/1849529877797482614",{"label":251,"url":252},"Q4 2024 sub rev guide $2.88B vs Est $2.85B（X/@marketsday, 2024/10/24）","https://x.com/marketsday/status/1849410508996415960",{"label":254,"url":255},"Q1 2025 sub rev guide $2.995-3.000B vs IBES $3,035M（X/@GermanFinGuy, 2025/1/29）","https://x.com/GermanFinGuy/status/1884710978727678162",{"label":257,"url":258},"Q1 2025 sub rev guide $3.0B vs $3.04B expected（X/@EagleInvestors, 2025/1/29）","https://x.com/EagleInvestors/status/1884715536011129155",{"label":260,"url":261},"Q2 2025 sub rev guide $3.03B vs Est $3.03B（X/@SMM_Newsletter, 2025/4/23）","https://x.com/SMM_Newsletter/status/1915142816843386959",{"label":263,"url":264},"Q2 2025 sub rev guide $3.04B vs $3.02B est（X/@_Investinq, 2025/4/23）","https://x.com/_Investinq/status/1915139524616744997",{"label":266,"url":267},"Q3 2025 sub rev guide $3.27B vs Est $3.21B（X/@StockSavvyShay, 2025/7/23）","https://x.com/StockSavvyShay/status/1948117588300706186",{"label":269,"url":270},"Q3 2025 sub rev guide $3.27B vs $3.21B est（X/@iqrastocks, 2025/7/24）","https://x.com/iqrastocks/status/1948498332348817760",{"label":272,"url":273},"Q4 2025 sub rev guide $3.42-3.43B vs consensus $3.41B（X/@hataf_capital, 2025/10/30）","https://x.com/hataf_capital/status/1983902494444155094",{"label":275,"url":276},"Q4 2025 sub rev guide $3.42-3.43B vs consensus $3.41B（X/@TheValueist, 2025/10/29）","https://x.com/TheValueist/status/1983755061366026433",{"label":278,"url":279},"Q2 2026 sub rev guide $3.82B vs Est $3.74B（X/@StockSavvyShay, 2026/4/22）","https://x.com/StockSavvyShay/status/2047047360409440470",{"label":281,"url":282},"Q2 2026 sub rev guide $3.88B vs $3.75B est（total rev、X/@QualCompounders, 2026/4/22）","https://x.com/QualCompounders/status/2047047766119976967",{"date":284,"close":285},"2026-06-18","$95.04","https://log.eurekapu.com/og/pages/general/beat-monitoring-NOW.png?title=NOW%20ServiceNow%20-%20%E3%83%93%E3%83%BC%E3%83%88%E3%83%A2%E3%83%8B%E3%82%BF%E3%83%AA%E3%83%B3%E3%82%B0&sig=6eaceeea8d7764ea",1782528865562]