Overview
- ServiceTitan reported fiscal Q1 2027 revenue of $268.8 million and adjusted EPS of $0.37, representing 25% year‑over‑year growth and beating consensus estimates.
- The company narrowed its GAAP operating loss to $25.8 million and generated $40.8 million in non‑GAAP operating income, while non‑GAAP free cash flow improved but stayed negative $9.6 million.
- Platform usage strengthened as gross transaction volume rose to $21.7 billion, up 23%, and net dollar retention remained above 110%, signaling deeper spending by existing customers.
- Management said deployments of Max more than doubled in the quarter and are set to double again, with fully ramped customers automating over 10% of jobs and reporting higher booking rates and revenue per technician.
- The beat and raised guidance sparked roughly a 16% stock jump and multiple analyst price‑target increases, and markets will watch continued Max rollouts and whether cash flow turns positive without one‑time weather and calendar tailwinds.