SERVICETITAN $TTAN Q2โ27 EARNINGS HIGHLIGHTS
๐น Revenue: $292.8M (Est. $286M) ๐ข; +21% YoY
๐น Adj. EPS: $0.40 (Est. $0.35) ๐ข
๐น GTV: $26.8B; +17% YoY
๐น Non-GAAP FCF: $50.5M
FY27 Guide:
๐น Revenue: $1,139M-$1,144M (Est. $1.14B) ๐ก
๐น Non-GAAP Oper Income: $152M-$154M (Est. $149M) ๐ข
Q3 Guide:
๐น Revenue: $285M-$287M (Est. $288M) ๐ด
๐น Non-GAAP Oper Income: $29M-$30M (Est. $28.3M) ๐ข
Other Q2 Metrics:
๐น Platform Revenue: $284.5M; +22% YoY
๐น Non-GAAP Operating Margin: 15.2%
๐น Net Dollar Retention: >110%
Comments:
๐ธ โOur strong momentum delivering the Agentic Operating System to the Trades resulted in 21% year-over-year revenue growth and over $50 million of non-GAAP free cash flow this quarterโ
๐ธ โWe exceeded our goal of doubling Max locations during Q2. As a result of strong execution with existing customers and progress with select new customers, we now expect to end this fiscal year with over 700 enrolled Max locations.โ