ServiceNow delivered a solid QQ1 2025 with revenue of $3.089B, up 18.63% year over year and 4.43% quarter over quarter. The company posted a gross margin of approximately 78.9% and an operating margin near 14.6%, supported by disciplined cost management and continued investment in R&D and go-to-market activities. Net income of $460M and diluted EPS of $2.20, alongside free cash flow (FCF) of about $1.472B, underscores the company’s standout cash generation in a subscription-driven model. The balance sheet remains highly liquid, with net cash positioning and a substantial deferred revenue base, signaling durable customer commitments and visibility. Absent explicit forward guidance in the provided materials, the QQ1 print suggests ServiceNow remains well-positioned to leverage its Now platform for continued automation across enterprises, albeit at a premium valuation relative to some peers.