Filing Flows › ServiceTitan (TTAN) › Q2 FY27 › vs Q1 FY27
ServiceTitan (TTAN) Q2 FY27 vs Q1 FY27 (quarter over quarter)
ServiceTitan's revenue rose $23.9M (+9%) from $269M in Q1 FY27 to $293M in Q2 FY27. The biggest changes: Platform Revenue +$23.9M (+9%); Professional Services and Other Revenue +$0 (0%).
ServiceTitan, Q2 FY27: revenue $293M (+21% year over year), operating margin -9.4%, net loss $24.9M, operating cash flow $58.0M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Free cash flow margin | 19.4% | -0.8% | +20.2 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Subscription Revenue | $212M | $202M | $10.3M | +5% |
| Usage Revenue | $72.1M | $58.5M | $13.6M | +23% |
| Platform Revenue | $284M | $261M | $23.9M | +9% |
| Professional Services and Other Revenue | $8.3M | $8.3M | $0 | 0% |
| Revenue | $293M | $269M | $23.9M | +9% |
| Other income, net | $4.0M | $3.9M | $124K | +3% |
| Net loss | $24.9M | $22.8M | $2.1M | +9% |
| Costs & expenses | $322M | $296M | $26.2M | +9% |
| Operating costs | $320M | $295M | $25.7M | +9% |
| Income tax | $1.4M | $951K | $437K | +46% |
| Cost of revenue | $83.7M | $75.0M | $8.7M | +12% |
| Research & development | $101M | $88.0M | $12.6M | +14% |
| Sales & marketing | $77.0M | $73.1M | $3.9M | +5% |
| General & admin | $59.0M | $58.5M | $561K | +1% |
| Operating cash sources | $82.9M | $21.3M | $61.7M | +290% |
| Depreciation & amortization | $19.9M | $19.6M | $348K | +2% |
| Share-based compensation | $60.6M | $54.6M | $6.0M | +11% |
| Working capital & other | $2.4M | −$52.9M | $55.3M | — |
| Net loss absorbed | $24.9M | $22.8M | $2.1M | +9% |
| Operating cash flow | $58.0M | −$1.6M | $59.6M | — |
| Free cash flow (OCF − capex) | $56.9M | −$2.2M | $59.0M | — |
| Capital expenditures | $1.1M | $596K | $512K | +86% |
Questions
How much did ServiceTitan's revenue grow quarter over quarter in Q2 FY27?
ServiceTitan's revenue rose $23.9M (+9%) from $269M in Q1 FY27 to $293M in Q2 FY27.
What drove ServiceTitan's revenue change in Q2 FY27?
Platform Revenue +$23.9M (+9%); Professional Services and Other Revenue +$0 (0%).