ServiceTitan Reports Strong Q1 Results with 25% Revenue Growth and Positive FY27 Guidance
TTAN sits 44% above its 52-week low of $54.17 on elevated volume (2.2× avg).
Summary
ServiceTitan announced robust fiscal first quarter 2027 financial results, featuring 25% year-over-year revenue growth and a significant increase in non-GAAP operating income, alongside optimistic full fiscal year 2027 guidance.
Key Events · Earnings and Guidance · TTAN
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Strong Q1 Revenue Growth
Reported total revenue of $268.8 million for Q1 2027, marking a 25% increase year-over-year.
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Significant Profitability Improvement
Non-GAAP income from operations surged to $40.8 million in Q1 2027, more than doubling from $16.2 million in the prior year quarter. GAAP loss from operations also narrowed significantly.
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Positive FY27 Revenue Guidance
Issued full fiscal year 2027 revenue guidance in the range of $1.13 billion to $1.14 billion, reflecting continued growth expectations.
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Improved Cash Flow
GAAP net cash used in operating activities improved to $(1.6) million from $(14.6) million in the prior year, indicating better cash management.
Analysis · TTAN · Technology
This filing details ServiceTitan's strong start to fiscal year 2027, with revenue growing 25% and non-GAAP operating income more than doubling compared to the prior year. The substantial improvement in profitability, coupled with a positive full-year revenue guidance of over $1.1 billion, indicates continued strong execution and a healthy growth trajectory for the company. This performance builds on the positive momentum from fiscal year 2026, reinforcing investor confidence in its operational efficiency and market position.
At the time of this filing, TTAN was trading at $78.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $54.17 to $119.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.