Filing Flows › ServiceTitan (TTAN) › Q2 FY26
ServiceTitan (TTAN) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 10, 2025
ServiceTitan (TTAN) reported revenue of $242M for the second quarter fiscal 2026 (Q2 FY26), +25% from a year earlier and +12% from the quarter before. Operating margin was -14.4%, net loss $32.2M (13.3% of revenue).
ServiceTitan, Q2 FY26: revenue $242M (+26% year over year), operating margin -14.4%, net loss $32.2M, operating cash flow $40.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $242M | +12% | +25% |
| Operating profit | −$34.8M | — | — |
| Net earnings | −$32.2M | — | — |
| Operating cash flow | $40.3M | — | +59% |
| Free cash flow | $39.2M | — | +62% |
What changed
Revenue was $242.1M in Q2 FY26, up 25% year over year and up 12% from the previous quarter. Subscription Revenue was the largest line at 72% of revenue. Subscription Revenue added $37.1M year over year (up 27%), 75% of the total change.
Gross margin was 70.8%, up 5.1 points from a year earlier. Operating costs exceeded revenue by $34.8M, an operating margin of -14.4%. Operating expenses grew 29% against revenue growth of 25%. The fastest-growing cost line was General & admin (+64%). The quarter ended with a net loss of $32.2M, narrower than the previous quarter's $46.4M loss.
Operating cash flow was $40.3M (up 59% year over year). Non-cash charges added back $20.0M of depreciation and amortization and $49.3M of share-based compensation. Working capital and other items added $3.2M. Capital expenditures of $1.1M left free cash flow of $39.2M.
Questions
What was ServiceTitan's revenue in the second quarter fiscal 2026?
ServiceTitan (TTAN) reported revenue of $242M for the second quarter fiscal 2026 (Q2 FY26), +25% from a year earlier and +12% from the quarter before.
Was ServiceTitan profitable in the second quarter fiscal 2026?
Operating loss was $34.8M (-14.4% of revenue) and net loss $32.2M.
Source: ServiceTitan 10-Q on SEC EDGAR.