Why did ServiceNow growth decelerate (or hold) in 2025?
Direct Answer ServiceNow didn't really decelerate in 2025 — it held, and that's the whole story. Subscription revenue grew ~24% in FY24 (~$10.6B), ~20% in FY25 (~$12.7B), and the FY26 guide is ~$13.0-$13.1B implying ~21% — meaning the back-…
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