ServiceTitan Inc. Reports Fiscal Q2 2026 Results: Total Revenue Up 25%, Non-GAAP Income Rises to $29.2 Million

Reuters
Sep 05
ServiceTitan Inc. Reports Fiscal <a href="https://laohu8.com/S/QTWO">Q2</a> 2026 Results: Total Revenue Up 25%, Non-GAAP Income Rises to $29.2 Million

ServiceTitan Inc. $(TTAN)$ has announced its financial results for the fiscal second quarter ending July 31, 2025. The company reported a gross transaction volume (GTV) of $22.9 billion, marking a year-over-year (YOY) growth of 19% compared to $19.2 billion in the same quarter of the previous year, which saw a YOY growth of 23%. Total revenue increased to $242.1 million, a 25% rise from $193.0 million in the fiscal second quarter of 2025. Platform revenue also rose by 26% to $232.7 million from $185.0 million in the previous year. Despite these revenue gains, ServiceTitan reported a GAAP loss from operations of $34.8 million, slightly higher than the $32.6 million loss reported in the same quarter last year. However, the company achieved a non-GAAP income from operations of $29.2 million, a significant improvement from $13.5 million in the previous year, with the non-GAAP operating margin increasing to 12.1% from 7.0%. GAAP net cash provided by operating activities was $40.3 million, up from $25.3 million, and non-GAAP free cash flow increased to $34.3 million from $18.7 million. The company's net dollar retention remained above 110%. Co-Founders Ara Mahdessian and Vahe Kuzoyan highlighted the company's progress in the large enterprise commercial market, emphasizing the impact of their multi-year investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ServiceTitan Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9523050-en) on September 04, 2025, and is solely responsible for the information contained therein.

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