ServiceTitan expects fiscal 2027 revenue of $1.139 billion to $1.144 billion, up from its prior guidance of $1.13 billion to $1.14 billion, as the company accelerates its shift toward its Max product, which it now expects to have over 700 enrolled locations by year-end. In its fiscal second quarter, ServiceTitan reported revenue of $292.8 million, up 21% year-over-year, and free cash flow of $50.5 million, up 47%. The company guided third-quarter revenue to $285 million to $287 million, below analysts' estimate of $287.9 million, citing more moderate gross transaction volume growth and revenue recognition headwinds from Max. CFO Dave Sherry said the mix shift to Max will lower subscription revenue by $2 million to $3 million and professional services revenue by roughly $2 million over the remainder of the fiscal year, but the company now expects operating income of $152 million to $154 million for the full year, up from its prior outlook of $142 million to $147 million.
ServiceTitan, Inc. Class A Common StockRaises FY2027 revenue guidance and increases full-year operating income outlook, despite Q3 revenue miss.
