Servicenow Shares Sink After Q3 Results, Weak Q4 Outlook

WHO:

Bloomberg - ServiceNow Inc. reported its third-quarter results and provided an outlook.

Yahoo Finance - Whirlpool CFO Roxanne Warner discussed inflation, demand, and the company’s response.

WHAT:

Bloomberg - ServiceNow’s third-quarter subscription revenue increased 21% year over year to $3.99 billion.

Bloomberg - ServiceNow forecast fourth-quarter current remaining performance obligations below estimates. Its outlook for quarterly subscription sales met analysts’ estimates.

Bloomberg - ServiceNow shares fell more than 15% in after-hours trading following the outlook.

Yahoo Finance - Whirlpool’s third-quarter revenue declined nearly 9% to $3.68 billion, below the $3.91 billion estimate.

Yahoo Finance - Whirlpool reported an adjusted loss of $0.21 per share, compared with an estimated adjusted earnings of $0.76 per share, according to Bloomberg consensus data.

Yahoo Finance - Whirlpool revenue in its North America major appliances business fell 8.3% year over year to $2.5 billion, below Wall Street expectations.

Yahoo Finance - Whirlpool’s small domestic appliance business fell almost 1% to $286 million, below the $314 million expected.

Yahoo Finance - Whirlpool said some items sold out in the third quarter, contributing to roughly 40% year-over-year growth in U.S. orders in October.

Yahoo Finance - Whirlpool planned a 7% price increase in the fourth quarter. It had raised prices by 10% in April and increased list prices by 4% in July.

WHERE:

Yahoo Finance - Warner cited softer demand in the North American industry; Whirlpool’s major appliance revenue figures refer to its North America business.

Yahoo Finance - Whirlpool reported roughly 40% year-over-year growth in U.S. orders in October.

WHY:

Yahoo Finance - Warner attributed pressure on Whirlpool to an increasingly inflationary environment from the second to the third quarter and to volume deleveraging driven by softer North American industry demand.

Yahoo Finance - Warner said the industry had not caught up to the “full impact of the inflationary pressures from 2022,” and said inflation was up 12% since then.

HOW:

Yahoo Finance - Warner said Whirlpool’s team was focusing on what it could control; the company planned another price increase in the fourth quarter.

(UPDATED October 28, 2026 22:05 UTC)

ServiceNow’s subscription revenue rose 21% to $3.99 billion, but its forecast for fourth-quarter remaining performance obligations fell short of estimates, sending shares down more than 15% in after-hours trading. Whirlpool’s third-quarter revenue fell nearly 9% to $3.68 billion, and it reported an adjusted loss of 21 cents per share as softer North American demand and rising inflation pressured results. CFO Roxanne Warner said U.S. orders grew about 40% in October after some products sold out, and Whirlpool plans to raise prices 7% in the fourth quarter.