SERVICETITAN $TTAN Q2’27 EARNINGS HIGHLIGHTS
🔹 Revenue: $292.8M (Est. $286M) 🟢; +21% YoY
🔹 Adj. EPS: $0.40 (Est. $0.35) 🟢
🔹 GTV: $26.8B; +17% YoY
🔹 Non-GAAP FCF: $50.5M
FY27 Guide:
🔹 Revenue: $1,139M-$1,144M (Est. $1.14B) 🟡
🔹 Non-GAAP Oper Income: $152M-$154M (Est. $149M) 🟢
Q3 Guide:
🔹 Revenue: $285M-$287M (Est. $288M) 🔴
🔹 Non-GAAP Oper Income: $29M-$30M (Est. $28.3M) 🟢
Other Q2 Metrics:
🔹 Platform Revenue: $284.5M; +22% YoY
🔹 Non-GAAP Operating Margin: 15.2%
🔹 Net Dollar Retention: >110%
Comments:
🔸 “Our 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 quarter”
🔸 “We 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.”
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