ServiceNow AI Crosses $1 Billion in Annual Contract Value in Q2 2026

ServiceNow reported on July 22, 2026 that its branded ServiceNow AI product line surpassed $1 billion in annual contract value during Q2 fiscal 2026. ACV — the yearly value of active subscription contracts — implies committed, multi-period revenue rather than pilot-stage spending. Few enterprise software vendors have shown AI product revenue at this scale.