RaoscaffResearch
Prediction Series · Lock · Issue P-135
Prediction Series · P-135

ServiceNow's Q2 floor — ≥$3.80bn subscription, locked at 92%.

92% probability ServiceNow's Q2 2026 subscription revenue lands at or above $3.80bn — just under its own $3.815–$3.820bn guide (21–21.5% cc growth). A guidance-floor call on highly recurring SaaS revenue. Resolves 29 Jul 2026.

Type · Prediction Lock · guidance-floor threshold Locked · 2026-06-26 · before the Q2 results Resolves · 2026-07-29 · ServiceNow Q2 2026 results (servicenow.com) Scored · binary: Q2 2026 subscription revenue ≥$3.80bn yes/no
ServiceNow Q2 2026 subscription revenue · our locked floor
≥ $3.80bn
subscription revenue · vs $3.815–3.820bn guide

ServiceNow guided Q2 2026 subscription revenue to $3.815–$3.820bn (21–21.5% YoY constant-currency growth, ~125bps from the Armis deal). Our $3.80bn floor sits just below the low end of that guide. SaaS subscription revenue is highly recurring and predictable. Source: ServiceNow Q2 2026 results, 29 Jul 2026 (investor.servicenow.com).

— 1 · The Locked Call

ServiceNow Q2 2026 subscription revenue lands ≥$3.80bn — P = 0.92.

We lock a binary: ServiceNow reports Q2 2026 subscription revenue at or above $3.80 billion, per the company's results release. Confidence 92%.

— 2 · Why it's nail-able

Recurring SaaS revenue is the most predictable line there is — and the bar is below guidance.

ServiceNow's subscription revenue is contracted and recurring, making it one of the most forecastable lines in software; the company guided $3.815–$3.820bn and our $3.80bn floor sits just below that. Confidence 92%, not higher, for the residual of an FX swing or an unusually large early-churn event. Resolves against the reported subscription revenue.

Locked on 2026-06-26 — scored against ServiceNow's reported Q2 2026 subscription revenue.

RAOSCAFF locks P-135 on 2026-06-26, before the Q2 release. Scored against ServiceNow's reported Q2 2026 subscription revenue versus a $3.80bn floor.

Locked
2026-06-26 (commit timestamp on origin/main)
Resolves
2026-07-29 — ServiceNow Q2 2026 results
Source
ServiceNow Q2 2026 earnings release / 8-K (investor.servicenow.com)
Scored by
Binary: YES if Q2 2026 subscription revenue ≥$3.80bn; NO otherwise

Floor sits just below the company's own $3.815–$3.820bn guide — a cushioned guidance-floor on recurring revenue.