Gina Mastantuono, President and Chief Financial Officer of ServiceNow. Leigh Vogel/Getty Images for Fortune Media
ServiceNow aims to double subscription revenue to $30 billion by 2030.
ServiceNow's Now Assist product surpassed $750 million in annual contract value, its CFO said.
ServiceNow CFO Gina Mastantuono reassures investors on AI and forecasts robust profit margins.
ServiceNow made a more forceful case to investors that it can thrive in the age of AI , outlining long-term financial targets and early signs of traction on Monday.
During a meeting with analysts, ServiceNow President and CFO Gina Mastantuono said the company is targeting more than $30 billion in subscription revenue by 2030, up from an expected $15.7 billion in 2026. There's potential upside to more than $32 billion, implying a roughly 20% compound annual growth rate, the CFO added.
ServiceNow also pushed back on concerns that AI could erode profit margins.…