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NOW Earnings Date: Next ~late October · Last Move +5.0% vs ±11.6%

ServiceNow (NOW) reports Q2 2026 earnings on Wednesday, July 22, 2026, after the market close. Options priced ±13.0% going in — here’s the move history and what it means for options.

EarningsWatcher Research 7 min read Data as of July 2026 · Education, not advice
Next report NOW's next earnings date is not confirmed yet; based on its quarterly cadence the next report is expected around late October 2026. This page updates the moment the date is confirmed. Last report (July 22, 2026): the stock moved +5.0% against a ±11.6% move options had priced in.
Earnings date ServiceNow reported on July 22, 2026 (after market close). Options had priced a ±13.0% move going in. Same night as TSLA and IBM.

ServiceNow (NOW) is a high-dispersion software earnings name with a heating two-year regime (±12.6% vs ±9.0% decade). Below is its earnings behaviour as of July 16, 2026.

NOW earnings at a glance

±9.0%
Avg move (10yr)
peak, day of release
±12.6%
Avg move (2yr)
regime: heating
±16.7%
95th-pct tail
software gaps possible

NOW’s decade average is about ±9.0%; the last two years average about ±12.6%. The 95th-percentile tail is about ±16.7%; April 2026 peaked near −18.9% against ~±17% implied.

Does NOW beat its implied move?

Among the recent quarters with tracked implied moves, NOW’s actual peak has cleared the implied in both tracked cases (2 of 2) — a tiny sample, so weigh it lightly against the live ±13.0% print.

2/2
Tracked beats
small implied sample
Near
2yr avg
Near-term pricing
live ~13.0% vs ~12.6% 2yr
What this implies Options priced ±13.0% going in matches the heated two-year average (±12.6%). Recent prints (−18.9%, −12.7%) show software can still gap hard through a rich implied.

How NOW’s moves are distributed

0% 5% 10% 15% 20% 10-yr avg ±9.0% ±3.0% 5th ±5.0% 20th ±7.9% median ±12.5% 80th ±16.7% 95th
The spread of NOW’s earnings-day peak moves. Median ~±7.9%; 95th-percentile ~±16.7%.

The distribution is moderate-to-wide and heating — decade averages understate the last two years.

Recent NOW earnings

April 2026 peaked near −18.9% vs ~±17% implied. January 2026 peaked near −12.7% vs ~±8.5% implied.

See the full history The complete report-by-report record — every past implied vs actual move, open/peak/close behaviour and post-earnings drift, plus the live implied move as the next date approaches — lives in the EarningsWatcher app.

IV rush and IV crush on NOW

Implied volatility builds into the report (the IV rush) and collapses afterward (the IV crush).

What NOW’s earnings data means for options

These figures are a reference point, not a signal. Compare the live implied in the EarningsWatcher app.

On the “next” implied move ServiceNow reported July 22, 2026 (after market close). Options priced a ±13.0% move into this report.
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This week's implied-move card: every notable earnings release placed by its options-implied move

Frequently asked questions

When is ServiceNow (NOW) earnings date in July 2026?

ServiceNow reported on Wednesday, July 22, 2026, after the market close (AMC).

What is NOW's implied move for earnings July 22, 2026?

Options priced a plus or minus 13.0% move into the July 22, 2026 report. The realised move is published once the following full session completes. — close to the plus or minus 12.6% two-year average.

How much does NOW move on earnings?

Over the last 10 years, ServiceNow's average earnings-day peak move was about plus or minus 9.0%, with the last two years averaging about plus or minus 12.6%. The 95th-percentile move is about plus or minus 16.7%.

Does NOW usually beat its implied move?

In the small sample of recent reports with tracked implied moves, both cleared the implied (2 of 2). Treat that as thin evidence and compare each quarter's live implied to the fuller move history.

See NOW’s live earnings data

Get ServiceNow’s July 22 report date, live implied move and full move history.

Open NOW in the app →