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TTAN is a software platform provider primarily serving the trades industry. The company offers a range of software solutions designed to enhance the operations of small- and medium-sized businesses (SMBs) as well as larger enterprises in the trades sector. TTAN's offerings include subscription-based access to its platform and usage-based financial technology solutions, catering to various business needs within the industry.
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Platform Revenue - Generates the majority of TTAN's revenue through subscription and usage-based models.
- Subscription Revenue - Provides access to TTAN's platform, including Core and Pro products, offering essential and advanced functionalities for business operations.
- Usage-Based Revenue - Involves transactions using TTAN's FinTech solutions and usage of certain Pro products, including payment processing and third-party financing solutions.
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Professional Services and Other Revenue - Contributes a smaller portion of TTAN's revenue, primarily from onboarding new customers and additional services.
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Convex Labs Inc. | 2024 | The acquisition was completed for a total purchase price of $25.8 million using both ServiceTitan common stock and cash, including holdback shares for post-closing adjustments. The deal’s strategic rationale was to enhance data-driven solutions for modernizing the commercial services industry, with significant allocations to goodwill ($14.96M) and identifiable intangible assets ($9.53M)—covering customer relationships and developed technology. |
Recent press releases and 8-K filings for TTAN.
- ServiceTitan Inc delivered strong Q4 2025 performance with total revenue of $209M representing 29% YoY growth and a robust GTV of $17B with 26% YoY growth.
- The company achieved a non-GAAP platform gross margin of 77% and a non-GAAP operating margin of 3%, underscoring its efficient operating model and platform leadership.
- Q4 2025 revenue increased 29% year-over-year to $209.3 million, with platform revenue growing 30% to $200.1 million.
- The company reported a GAAP net loss of ($100.9 million) in Q4 2025 compared to ($51.4 million) in Q4 2024, while non‐GAAP net income reached $7.5 million versus a loss of ($0.8 million).
- For the full fiscal year 2025, total revenue rose 26% to $771.9 million and platform revenue increased 27% to $739.5 million, with improvements in non‐GAAP operating performance.