Filing Flows › ServiceTitan (TTAN) › Q2 FY27
ServiceTitan (TTAN) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 8, 2026
ServiceTitan (TTAN) reported revenue of $293M for the second quarter fiscal 2027 (Q2 FY27), +21% from a year earlier and +9% from the quarter before. Operating margin was -9.4%, net loss $24.9M (8.5% of revenue).
ServiceTitan, Q2 FY27: revenue $293M (+21% year over year), operating margin -9.4%, net loss $24.9M, operating cash flow $58.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | +9% | +21% |
| Operating profit | −$27.6M | — | — |
| Net earnings | −$24.9M | — | — |
| Operating cash flow | $58.0M | — | +44% |
| Free cash flow | $56.9M | — | +45% |
What changed
Revenue was $292.8M in Q2 FY27, up 21% year over year and up 9% from the previous quarter. Subscription Revenue was the largest line at 73% of revenue. Subscription Revenue added $37.6M year over year (up 22%), 74% of the total change. Professional Services and Other Revenue declined 12%.
Gross margin was 71.4%, up 0.6 points from Q2 FY26. Operating costs exceeded revenue by $27.6M, an operating margin of -9.4%. Operating expenses grew 15% against revenue growth of 21%. The fastest-growing cost line was Research & development (+38%). The quarter ended with a net loss of $24.9M, wider than the previous quarter's $22.8M loss.
Operating cash flow was $58.0M (up 44% year over year). Non-cash charges added back $19.9M of depreciation and amortization and $60.6M of share-based compensation. Capital expenditures of $1.1M left free cash flow of $56.9M.
Questions
What was ServiceTitan's revenue in the second quarter fiscal 2027?
ServiceTitan (TTAN) reported revenue of $293M for the second quarter fiscal 2027 (Q2 FY27), +21% from a year earlier and +9% from the quarter before.
Was ServiceTitan profitable in the second quarter fiscal 2027?
Operating loss was $27.6M (-9.4% of revenue) and net loss $24.9M.
Source: ServiceTitan 10-Q on SEC EDGAR.