Core Insights - ServiceNow (NOW) is expected to report quarterly earnings of $0.87 per share, reflecting a year-over-year increase of 19.2% [1] - Anticipated revenues for the quarter are projected to be $3.52 billion, also showing a 19.2% increase compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1][2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [2] Revenue Projections - Analysts estimate 'Revenues- Subscription' to be $3.42 billion, representing a year-over-year change of +19.5% [4] - 'Revenues- Professional services and other' are projected to reach $99.33 million, indicating a +9.2% change from the prior-year quarter [4] Performance Obligations - Current Remaining Performance Obligations (cRPO) - GAAP is estimated at $12.56 billion, up from $10.27 billion a year ago [5] - Remaining Performance Obligations (RPO) - GAAP is projected to be $27.59 billion, compared to $22.30 billion in the same quarter last year [5] Profit Estimates - Gross Profit (Non-GAAP)- Subscription is expected to be $2.85 billion, an increase from $2.42 billion reported in the same quarter last year [6] - Gross Profit (Non-GAAP)- Professional services and other is estimated at $10.21 million, up from $7.00 million a year ago [6] Stock Performance - ServiceNow shares have decreased by -15.8% in the past month, contrasting with the Zacks S&P 500 composite's +0.6% movement [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]

Financial Performance - Revenues for the third quarter of 2025 reached a record $4301529 thousand, a 16.4% increase compared to $3696924 thousand in the third quarter of 2024[16] - Operating income for the third quarter of 2025 was $405696 thousand, up 11.6% from $363538 thousand in the same period of 2024[16] - Diluted earnings per share (EPS) for the third quarter of 2025 increased by 13.3% to $6.57, compared to $5.80 in the third quarter of 2024[16] - For the nine months ended September 30, 2025, revenues increased by 15.5% to $12473301 thousand from $10796097 thousand in 2024[17] - Diluted earnings per share for the nine months ended September 30, 2025, increased by 21.8% to $18.53 from $15.21 in 2024[17] Remaining Performance Obligations (RPOs) - Record Remaining Performance Obligations (RPOs) reached $12.61 billion, a 29% increase year-over-year, and a 25% increase from December 2024[9] - Diverse RPOs of $12.61 billion; +$2.82 billion Y/Y[10] Strategic Initiatives - The planned divestiture of EMCOR UK is expected to tighten strategic focus on core end markets in the United States and slightly improve operating margins[9] - EMCOR UK currently delivers ~$500 million of annualized revenue and ~$0.45 of annualized EPS[20] - The divestiture of EMCOR UK is valued at $255 million and is expected to close by the end of 2025[20] Guidance - The company projects revenues between $16.7 billion and $16.8 billion[21] - The company projects Non-GAAP Diluted EPS between $25.00 and $25.75[21]

Core Insights - Adobe reported third-quarter fiscal 2025 non-GAAP earnings of $5.31 per share, exceeding the Zacks Consensus Estimate by 2.71% and reflecting a year-over-year increase of 14.2% [1] - Total revenues reached $5.99 billion, surpassing the consensus mark by 1.50% and showing a year-over-year growth of 10.7% on a reported basis and 10% on a constant-currency basis [1] Revenue Breakdown - Subscription revenues amounted to $5.79 billion, accounting for 96.7% of total revenues, with an 11.8% year-over-year increase [3] - Product revenues were $68 million, representing 1.1% of total revenues, down 17.1% year over year [3] - Services and other revenues totaled $129 million, or 2.2% of total revenues, down 11.6% year over year [3] Segment Performance - Digital Media segment revenues were $4.46 billion, up 12% year over year on a reported basis and 11% on a constant-currency basis [4] - Digital Experience revenues reached $1.48 billion, increasing 11% year over year, both on a reported and constant-currency basis [4] - Publishing and Advertising revenues were $50 million, down from $60 million in the year-ago quarter [4] Subscription Growth - Business Professionals and Consumers' subscription revenue was $1.65 billion, reflecting 15% year-over-year growth on a reported basis and 14% at constant currency [5] - Digital Media's annualized recurring revenues (ARR) were $18.59 billion at the end of Q3 2025, representing 11.7% year-over-year growth [5] - Creative and Marketing Professionals Group subscription revenues were $4.12 billion, showing 11% year-over-year growth on a reported basis and 10% at constant currency [5] Operating Metrics - GAAP gross margin for Q3 was 89.3%, contracting 50 basis points year over year [7] - Operating expenses were $3.17 billion, up 10.9% year over year, representing 53% of total revenues [7] - Adjusted operating margin was 46.3%, down 20 basis points year over year [7] Financial Position - As of August 29, 2025, cash and short-term investments totaled $5.94 billion, up from $5.71 billion as of May 30 [8] - Long-term debt was $6.2 billion, slightly up from $6.17 billion as of May 30 [8] - Cash generated from operations was $2.2 billion in the reported quarter, compared to $2.19 billion in the previous quarter [8] Future Guidance - For Q4 fiscal 2025, Adobe expects total revenues between $6.075 billion and $6.125 billion [11] - Digital Media revenues are projected to be between $4.53 billion and $4.56 billion, while Digital Experience segment revenues are expected to be between $1.495 billion and $1.515 billion [11] - Non-GAAP operating margin is anticipated to be roughly 45.5%, with expected earnings between $5.35 and $5.40 per share for Q4 [12] Annual Projections - For fiscal 2025, total revenues are expected to be between $23.65 billion and $23.70 billion [12] - Digital Media revenues are projected to be between $17.56 billion and $17.59 billion, with an ending ARR growth rate of 11.3% year over year [13] - Digital Experience segment revenues are expected to be between $5.84 billion and $5.86 billion [13]