ServiceTitan Q1 FY27 revenue up 25% to $268.8M; non-GAAP operating margin 15.2%

ServiceTitan, Inc.

Total revenue $268.8M (+25% YoY); GTV $21.7B (+23% YoY).
GAAP loss from operations narrowed to $25.8M from $49.5M; non-GAAP income from operations $40.8M vs $16.2M.
Non-GAAP operating margin improved to 15.2% from 7.5% YoY; free cash flow improved to $(9.6)M from $(22.3)M.
More than doubled locations on Max in Q1; expect to double again in Q2.
Net dollar retention >110% for the period.

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