FINANCE NOTE

ServiceTitan (NASDAQ: TTAN) — Q2 FY2027 Pre Earnings

Operations

Q1 2027
Q1 Revenue ↑ 24.6% YoY $268.8M
Segments
Platform 96.9%
Professional services and other 3.1%

Key Earnings Driver

Max Platform revenue increased 25.3% year over year to $260.6M. Within Platform, Subscription revenue increased 24.2% to $202.0M, and Usage revenue increased 29.3% to $58.5M. Within Subscription, the number of locations on Max more than doubled in Q1, and the company was optimizing its internal processes, automating customer onboarding and expects to again double the number of locations on Max during Q2. Professional services and other revenue increased 7.1% to $8.3M.

Key Operating Metrics¹

METRIC

STATUS

Platform↑ 25.3%

Subscription↑ 24.2%

Max

🟢 Scaling

Usage↑ 29.3%

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from ServiceTitan website and/or SEC filings for Q1, with status based on reported data.