FINANCE NOTE

ServiceTitan (NASDAQ: TTAN) — Q2 FY2027 Post Earnings

Operations

Q2 2027
Q2 Revenue ↑ 20.9% YoY $292.8M
Segments
Platform 97.2%
Professional services and other 2.8%

Key Earnings Driver

Max Platform revenue increased 22.2% year over year to $284.5M, with Subscription revenue increasing 21.5% to $212.4M, and Usage revenue increasing 24.4% to $72.1M. Within Subscription, the company exceeded its goal of doubling Max locations. Professional services and other revenue declined 12.1% to $8.3M.

Key Operating Metrics¹

METRIC

STATUS

Platform↑ 22.2%

Subscription↑ 21.5%

Max

🟢 Scaling

Usage↑ 24.4%

Key Financial Metrics

Gross Margin 71.41% +0.65 pp YoY
Backlog / Revenue N/A
CapEx Intensity 2.56% 0.02x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from ServiceTitan website and/or SEC filings for Q2, with status based on reported data.