Filing Flows › ServiceTitan (TTAN) › Q1 FY26
ServiceTitan (TTAN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 12, 2025
ServiceTitan (TTAN) reported revenue of $216M for the first quarter fiscal 2026 (Q1 FY26), +27% from a year earlier and +3% from the quarter before. Operating margin was -23.0%, net loss $46.4M (21.5% of revenue).
ServiceTitan, Q1 FY26: revenue $216M (+27% year over year), operating margin -23.0%, net loss $46.4M, operating cash flow −$14.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +3% | +27% |
| Operating profit | −$49.5M | — | — |
| Net earnings | −$46.4M | — | — |
| Operating cash flow | −$14.6M | -194% | — |
What changed
Revenue was $215.7M in Q1 FY26, up 27% year over year and up 3% from the previous quarter. Subscription Revenue was the largest line at 75% of revenue. Subscription Revenue added $36.7M year over year (up 29%), 81% of the total change.
Gross margin was 68.8%, up 6.6 points from a year earlier. Operating costs exceeded revenue by $49.5M, an operating margin of -23.0%. Operating expenses grew 24% against revenue growth of 27%. The fastest-growing cost line was General & admin (+38%). The quarter ended with a net loss of $46.4M, narrower than the previous quarter's $100.9M loss.
Operating cash flow was −$14.6M. Non-cash charges added back $20.0M of depreciation and amortization and $43.7M of share-based compensation. Working capital and other items used $31.9M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$15.9M.
Questions
What was ServiceTitan's revenue in the first quarter fiscal 2026?
ServiceTitan (TTAN) reported revenue of $216M for the first quarter fiscal 2026 (Q1 FY26), +27% from a year earlier and +3% from the quarter before.
Was ServiceTitan profitable in the first quarter fiscal 2026?
Operating loss was $49.5M (-23.0% of revenue) and net loss $46.4M.
Source: ServiceTitan 10-Q on SEC EDGAR.