ServiceNow Inc. (NOW) reported an adjusted profit of $0.92 per share for the fourth quarter, surpassing expectations of $0.88, alongside revenue growth exceeding 20% year-over-year, totaling $3.57 billion. However, the company’s stock has declined nearly 50% from its late 2024 peak, including an 11% drop in a recent trading session. Looking ahead, ServiceNow projects subscription revenue for 2026 between $15.53 billion and $15.57 billion, reflecting optimism for future earnings even amid significant market challenges.