Key Points ServiceNow said its AI products crossed $1 billion in annual contract value in the second quarter of 2026. Reaching $3 billion before 2029 implies about 55% annual growth. Management's own 2030 targets call for AI to reach 30% of the company's total annual contract value. 10 stocks we like better than ServiceNow › When enterprise software company ServiceNow (NYSE:NOW) reported second-quarter results in July, one disclosure stood out from the usual run of strong numbers. The company's artificial intelligence (AI) products crossed $1 billion in annual contract value (ACV), the yearly value of its signed contracts. A billion dollars is still a small piece of a company expecting nearly $16 billion of subscription revenue this year.
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