ServiceTitan Posts Record Free Cash Flow on Strong Q2 Revenue Growth
ServiceTitan, based in Glendale, California, reported record free cash flow alongside 21% fiscal Q2 revenue growth to $292.8 million. Subscription revenue rose 22% and usage revenue 24%. Gross transaction volume increased 17% to $26.8 billion, slowing growth as lower HVAC lead volumes reduced FinTech revenue, though adoption of its agentic AI platform is progressing early. The firm expects a $2–$3 million subscription revenue headwind in fiscal 2027.