ServiceTitan (NASDAQ: TTAN) — Q2 FY2027 Post Earnings

ServiceTitan q2 27 post earnings finance note

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 website and/or SEC filings for Q, with status based on reported data.

ServiceTitan (NASDAQ: TTAN) — Q2 FY2027 Pre Earnings

ServiceTitan q2 27 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 website and/or SEC filings for Q, with status based on reported data.