ServiceTitan Q1 Revenue Jumps 25% to $268.8M, Lifts FY2027 Guidance
TTAN•ServiceTitan delivered Q1 revenue of $268.8 million and EPS of $0.37, surpassing consensus estimates of $256.7 million and $0.28. The company raised FY2027 revenue guidance to $1.13–$1.14 billion and increased operating income outlook to $142–$147 million while forecasting Q2 revenue of $284–$286 million.
1. Strong First-Quarter Results
ServiceTitan reported Q1 revenue of $268.8 million, up from $215.7 million a year earlier, beating the $256.7 million estimate. EPS climbed to $0.37, more than doubling last year’s $0.18 and exceeding the $0.28 consensus, while gross transaction volume rose to $21.7 billion.
2. Elevated Full-Year and Q2 Guidance
The company lifted its fiscal 2027 revenue outlook to $1.13–$1.14 billion from $1.11 billion and raised operating income guidance to $142–$147 million. For Q2, ServiceTitan expects $284–$286 million in revenue and $38–$39 million in operating income, both above consensus forecasts.
3. Market Reaction
Shares climbed 2.3% during regular trading and surged over 14% in after-hours trading following the earnings release and guidance upgrade, reflecting investor optimism around the company’s growth trajectory and profitability targets.
4. Growth Initiatives in Max
Co-founder and president Vahe Kuzoyan highlighted momentum in the Max offering, noting a doubling of locations onboarded during Q1. The company is automating customer onboarding processes with plans to double Max locations again in Q2 to accelerate adoption and revenue expansion.
