ServiceNow's Q1 FY26 8-K reports $3,671M in subscription revenue, up 22% YoY (19% in constant currency), and current remaining performance obligations of $12.64B, up 22.5% — with management framing the platform as customers' 'AI control tower' and saying AI growth is exceeding internal expectations. It's a primary-source counter-signal to the 'AI eats SaaS' narrative: the largest workflow incumbents are still compounding, repositioning the agent layer as a defense rather than a threat.