ServiceNow projects annual subscription revenue below estimates as strong dollar bites
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ServiceNow has projected its annual subscription revenue below Wall Street estimates due to the impact of a strong U.S. dollar and a planned shift in its monetization model.

January 29, 2025 | 9:30 pm
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ServiceNow's forecast for annual subscription revenue is below Wall Street estimates, influenced by a strong U.S. dollar and a shift in its monetization model.
The strong U.S. dollar can negatively impact international revenue when converted back to USD, and changes in monetization models can create uncertainty. Both factors contribute to a lower revenue forecast, likely leading to short-term stock price pressure.
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