ServiceTitan’s QQ3 2024 results show a still-growing top line but ongoing profitability challenges. Revenue reached $199.28 million, up 23.19% year over year and 9.70% quarter over quarter. Gross profit was $129.95 million, yielding a gross margin of 65.2%. However, operating income remained negative at -$44.05 million and net income was -$46.46 million, with EPS of -$1.74 (diluted -$1.32). EBITDA was -$21.86 million, reflecting continued investment in R&D and go-to-market initiatives. Despite the negative GAAP bottom line, the company generated positive operating cash flow of $15.53 million and free cash flow of $10.57 million, supported by a cash balance of $135.09 million and modest capital expenditure.