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Filing Flows › ServiceTitan (TTAN) › Q2 FY27 › vs Q2 FY26

ServiceTitan (TTAN) Q2 FY27 vs Q2 FY26 (year over year)

ServiceTitan's revenue rose $50.6M (+21%) from $242M in Q2 FY26 to $293M in Q2 FY27. The biggest changes: Platform Revenue +$51.8M (+22%); Professional Services and Other Revenue −$1.1M (-12%).

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 Q2 FY26, the increases inside each band.

ServiceTitan: what changed, Q2 FY27 vs Q2 FY26ServiceTitan: what changed, Q2 FY27 vs Q2 FY26Platform Revenue$51.8MCosts & expenses$44.4MOperating costs$43.4MSubscription Revenue$37.6MResearch & development$27.6MFree cash flow (OCF − capex)$17.7MOperating cash flow$17.6MUsage Revenue$14.2MCost of revenue$12.9MShare-based compensation$11.3M

Margins

Q2 FY27Q2 FY26Change
Free cash flow margin19.4%16.2%+3.2 pts

Every line

LineQ2 FY27Q2 FY26Change%
Subscription Revenue$212M$175M$37.6M+22%
Usage Revenue$72.1M$58.0M$14.2M+24%
Platform Revenue$284M$233M$51.8M+22%
Professional Services and Other Revenue$8.3M$9.4M−$1.1M-12%
Revenue$293M$242M$50.6M+21%
Other income, net$4.0M$2.9M$1.1M+38%
Net loss$24.9M$32.2M−$7.3M-23%
Costs & expenses$322M$277M$44.4M+16%
Operating costs$320M$277M$43.4M+16%
Income tax$1.4M$364K$1.0M+281%
Cost of revenue$83.7M$70.8M$12.9M+18%
Research & development$101M$73.1M$27.6M+38%
Sales & marketing$77.0M$69.5M$7.4M+11%
General & admin$59.0M$63.5M−$4.5M-7%
Operating cash sources$82.9M$72.6M$10.3M+14%
Depreciation & amortization$19.9M$20.0M−$137K-0.7%
Share-based compensation$60.6M$49.3M$11.3M+23%
Working capital & other$2.4M$3.2M−$786K-24%
Net loss absorbed$24.9M$32.2M−$7.3M-23%
Operating cash flow$58.0M$40.3M$17.6M+44%
Free cash flow (OCF − capex)$56.9M$39.2M$17.7M+45%
Capital expenditures$1.1M$1.1M−$2K-0.2%

Questions

How much did ServiceTitan's revenue grow year over year in Q2 FY27?

ServiceTitan's revenue rose $50.6M (+21%) from $242M in Q2 FY26 to $293M in Q2 FY27.

What drove ServiceTitan's revenue change in Q2 FY27?

Platform Revenue +$51.8M (+22%); Professional Services and Other Revenue −$1.1M (-12%).

Q2 FY27 results → · Compare in the interactive Sankey →