fool.comSEP 92 min read$TTAN

ServiceTitan (TTAN) Q2 2027 Earnings Call Transcript

ServiceTitan (TTAN) reported Q2 2027 revenue of $292.8M, up 21% YoY. Subscription revenue grew 22% to $212.4M, while usage revenue increased 24% to $72.1M. Gross Transaction Volume rose 17% to $26.8B. Non-GAAP operating income was $44.4M with a 15.2% margin. The company raised its incremental margin guidance to 33% for 2027 and expects to enroll 700 locations in Max by year-end. Q3 revenue guidance is $285M-$287M, with operating income of $29M-$30M. Full-year revenue guidance is $1.139B-$1.144B,

Original reporting

fool.com

Published Sep 9, 2026, 11:15 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Sep 9, 2026, 11:37 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

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ServiceTitan (TTAN) Q2 2027 Earnings Call Transcript — source image — Source · fool.com

Decision brief

The 30-second read

$TTANBullishHigh

Why it matters

The earnings beat and raised margin outlook provide a catalyst for short‑term price movement, while disclosed revenue headwinds warrant caution.

Market read

First‑time disclosure of Q2 results and FY guidance makes this a high‑impact earnings story for TTAN and the broader SaaS sector.

What to watch

Potential competitive pressure from larger ERP providers and macro‑economic slowdown affecting contractor spending.

Relevance 8/10Novelty 8/10Timing: after-hours

Background

ServiceTitan, a leading provider of software for home‑service businesses, reported Q2 FY2027 results and updated FY2027 guidance.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$TTANBullishHigh confidence

Context

Q2 FY2027 results and FY2027 guidance were disclosed for the first time, including revenue of $292.8M and raised incremental margin guidance to 33%.

Expected impact

Potential price appreciation if investors price in higher margins; short‑term volatility possible due to headwinds.

Evidence & confidence

Guidance beats prior expectations and margin expansion is material; however, disclosed $4‑5M revenue headwind could temper enthusiasm.

Market effects

Sector

Positive signal for SaaS and field‑service software sector as ServiceTitan shows scalable growth and margin expansion.

Regional

U.S. tech and software stocks may see modest lift from the earnings beat.

Global

Limited; impact confined to U.S. software and related service‑industry investors.

Counterpoint

What could challenge this read

Margin guidance may be optimistic; near‑term headwinds could lead to earnings miss if growth slows.

Key entities

Company
ServiceTitan, Inc.
Provider of SaaS solutions for home‑service trades.
Executive
Ara Mahdessian
Co‑Founder and CEO of ServiceTitan.

Read at source ← All news

OCT 2

Med

BTIG reiterates Buy rating on ServiceTitan, $110 price target

BTIG reaffirmed a Buy rating and $110 price target for ServiceTitan, implying a 63.4% upside from the Oct 1 close. The firm cites ServiceTitan's strong market position, growth potential, and attractive valuation in a $31B TAM. Recent analyst price targets range from $90 to $110.

tradingview.com2 min

SEP 20

$TTANHighAI 9/10

Can Max Turn AI Adoption into Continued Growth for ServiceTitan (TTAN) Stock?

ServiceTitan (TTAN) reported 21% YoY revenue growth to $292.8M in Q2 FY2027, exceeding expectations. Subscription revenue rose 22% to $212.4M, and non-GAAP operating income increased to $44.4M. The company's AI-driven Max system saw strong adoption, with over 700 locations expected by year-end. Despite near-term challenges, Wall Street sees long-term growth potential, with TD Cowen maintaining a 'Buy' rating and a reduced price target of $100.

insidermonkey.com3 min

SEP 16

$TTANMedAI 8/10

ServiceTitan faces second securities probe after 30% stock drop

ServiceTitan (TTAN) faces two securities fraud investigations after a 30% stock drop following weak Q2 FY27 results. The company reported slowing GTV growth, a 33.6% sequential decline in operating income guidance, and a $2–$3M revenue headwind due to Max AI platform delays. Management shifted focus to existing trades, halting new trade expansion. Despite beating EPS estimates, shares fell 20.25% in after-hours trading.

scanx.trade3 min

SEP 12

$TTANHighAI 8/10

ServiceTitan stock crashes 30% as AI creates a surprising problem

ServiceTitan (TTAN) stock fell 30% after Q3 revenue guidance missed estimates, despite beating Q2 earnings expectations. The company reported 21% revenue growth and 52% increase in operating income. However, AI product Max's faster adoption caused a temporary revenue impact of $4M-$5M, raising concerns about growth deceleration.

yahoo.com3 min

SEP 11

$TTANMed

Will Max Traction and TrussPoint Partnership Lead to Sustained Momentum for ServiceTitan (TTAN)

ServiceTitan (TTAN) reported Q2 FY27 revenue growth of 21% YoY, with subscription and usage revenue up 21.5% and 24.4% respectively. The company's AI-powered Max software improved call booking and close rates for users. ServiceTitan partnered with TrussPoint Roofing, a platform backed by Soundcore Capital Partners, to power its operations. Hedge fund ownership declined from Q1 to Q2 2026, with ICONIQ Capital as the largest institutional stakeholder.

insidermonkey.com2 min