ServiceTitan Revenue Jumps 25% in Q2
ServiceTitan (NASDAQ:TTAN), a leading cloud software platform built for the trades industry, reported its financial results for Q2 FY2026 on September 4, 2025. The company posted $242.1 million in GAAP revenue in Q2 FY2026, marking a 25% increase from the prior year and beating its own GAAP guidance range by about $13 million. Non-GAAP income from operations reached $29.2 million in Q2 FY2026, more than doubling the result from the year-ago quarter. Gross Transaction Volume (GTV), the sum of all transactions flowing through its platform, reached $22.9 billion in Q2 FY2026, up 19% from the prior year--though this was a slower pace than in previous quarters. The quarter featured strong free cash flow, expanding margins, and execution in key areas, but also included a widened GAAP operating loss and a jump in stock-based compensation compared to the prior year. Overall, it was a period of robust revenue and margin expansion on a non-GAAP basis, though investors are watching for signs of growth deceleration and ongoing pressure on GAAP profitability.
ServiceTitan provides cloud-based software designed to help contractors in industries like HVAC, plumbing, electrical, and home services to manage their businesses. Its platform combines scheduling, invoicing, payments, analytics, and customer relationship management.
The company’s success depends on boosting customer adoption of its core and add-on products, expanding into new end markets, and leveraging proprietary workflow data for automation. Recent priorities include winning large enterprise and commercial clients, increasing product attach rates, and integrating AI-driven features through its Titan Intelligence offering.
Source Fool.com
