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.
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Research analysts who have asked questions during ServiceTitan earnings calls.
Dylan Becker
William Blair
5 questions for TTAN
Jason Celino
KeyBanc Capital Markets
5 questions for TTAN
Michael Turrin
Wells Fargo
5 questions for TTAN
Scott Berg
Needham & Company, LLC
5 questions for TTAN
Tyler Radke
Citigroup Inc.
4 questions for TTAN
Yun Kim
Loop Capital Markets
4 questions for TTAN
Brent Bracelin
Piper Sandler Companies
3 questions for TTAN
Parker Lane
Stifel Financial Corp.
3 questions for TTAN
Terrell Tillman
Truist Securities
3 questions for TTAN
Andrew Sherman
Cowen
2 questions for TTAN
David Hynes
Canaccord Genuity Group Inc.
2 questions for TTAN
David Hynes Jr.
Canaccord Genuity
2 questions for TTAN
Egor Tolmachev
Freedom Capital Markets
2 questions for TTAN
Josh Baer
Morgan Stanley
2 questions for TTAN
Joshua Baer
Morgan Stanley
2 questions for TTAN
Kash Rangan
Goldman Sachs
2 questions for TTAN
Kasthuri Rangan
Goldman Sachs
2 questions for TTAN
Terry Tillman
Truist Securities
2 questions for TTAN
Yun Suk Kim
Loop Capital Markets LLC
2 questions for TTAN
Hannah Rudoff
Piper Sandler Companies
1 question for TTAN
Joseph Vruwink
Baird
1 question for TTAN
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 has outlined four key priorities for FY26: expanding Enterprise capabilities, broadening Pro Product adoption, accelerating Commercial progress, and expanding into Roofing and Exterior Trades.
- The company is significantly enhancing its Pro Products with AI infusion, introducing new features like Field Assist for AI diagnosis and troubleshooting, Virtual CSRs, and advanced AI workflows for marketing and scheduling.
- ServiceTitan is expanding its Commercial strategy to become a market standard for "Specialty" or "Sub" Contractors, delivering new Commercial CRM and comprehensive construction capabilities, which has shown to drive significant customer ROI such as a 15% average revenue increase in year 2 for commercial customers.
- Key investments are also being made to enter the Roofing and Exteriors market, focusing on sales, production, and building a robust ecosystem.
- ServiceTitan held its first Pantheon event as a public company, focusing on educating investors about its business drivers and investment thesis, including its leadership in a large vertical market and multiple growth opportunities.
- The company is experiencing significant growth in the enterprise market, driven by the professionalization of the industry and private equity consolidation, with ServiceTitan's specialized workflows proving superior to horizontal solutions.
- ServiceTitan introduced a fully automated AI workflow, including Atlas, designed to revolutionize the trades by enabling jobs with zero human intervention and aiming for 30-40% margins for automated businesses.
- ServiceTitan is making deep investments in the complex commercial and construction segments, developing specialized project management tools and a B2B CRM to power profitable growth for subcontractors.
- Revenue reached $215.7 million in the first quarter, up from $170.3 million in the prior period.
- Non-GAAP income from operations improved to $16.2 million with an operating margin of 7.5%, reflecting enhanced performance.
- The company provided guidance for Q2, expecting revenue between $228–230 million, and for full FY2026, anticipating revenue of $910–920 million.
- 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.