ServiceTitan Inc
NASDAQ:TTAN

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ServiceTitan Inc
NASDAQ:TTAN
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Price: 86.04 USD 1.26% Market Closed
Market Cap: 8B USD

ServiceTitan Inc
Investor Relations

ServiceTitan, Inc. engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company is headquartered in Glendale, California. The company went IPO on 2024-12-12. The Company’s end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, the Company is equipping tradespeople with the technology they need to keep the world running. Its cloud-based software platform that connects and manages an array of business workflows such as advertising, job scheduling and management, dispatching, generating estimates and invoices, payment processing and more. Its platform offers customers real-time insights into key business workflows through customizable dashboards that can be accessed essentially anywhere, anytime. Its platform offerings include Core, Pro and FinTech products. Its Core product offers base-level functionality across all key workflows.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Sep 4, 2025
AI Summary
Q2 2026

Revenue Beat: ServiceTitan reported Q2 revenue of $242.1 million, growing 25% year-over-year and outpacing expectations, driven by strong usage revenue and new customer growth.

Operating Margin Record: Operating margin reached a record 12.1%, up 510 basis points year-over-year, with operating income of $29.2 million.

Guidance Raised: Full-year fiscal 2026 revenue guidance increased to $935–$940 million, and operating income guidance raised to $74–$76 million.

AI and Automation Progress: Management highlighted a milestone with a fully automated job using Titan Intelligence AI, demonstrating the platform's advanced automation capabilities.

Enterprise Wins: Announced a new partnership with Roto-Rooter, a major commercial/residential brand, expected to go live in early 2026.

Pro Product Growth: Pro products are the fastest-growing area, with increasing customer adoption driving both top-line and margin improvement.

Gross Margins Up: Platform gross margin reached 80.7%, up 280 basis points year-over-year, reflecting operational efficiencies and some expense reclassification.

Strong Free Cash Flow: Q2 free cash flow was $34.3 million, nearly doubling from the prior year.

Key Financials
Gross Transaction Volume
$22.9B
Revenue
$242.1M
Subscription Revenue
$174.8M
Usage Revenue
$58M
Total Platform Revenue
$232.7M
Professional Services Revenue
$9.4M
Net Dollar Retention
greater than 110%
Platform Gross Margin
80.7%
Total Gross Margin
74.4%
Operating Income
$29.2M
Operating Margin
12.1%
Free Cash Flow
$34.3M
Fiscal Year-to-Date Free Cash Flow
$12M
Q3 Revenue Guidance
$237M–$239M
Q3 Operating Income Guidance
$14M–$15M
Earnings Call Recording
Other Earnings Calls

Management

Mr. Ara Mahdessian
Co-Founder, Chairman of the Board & CEO
No Bio Available
Mr. Vahe Kuzoyan
Co-Founder, President & Director
No Bio Available
Mr. Dave Sherry
Chief Financial Officer
No Bio Available
Mr. Doug Myers
Senior Vice President of Operations
No Bio Available
Ms. Michele O'Connor
Chief Accounting Officer
No Bio Available
Mr. Anmol Bhasin
Chief Technology Officer
No Bio Available
Ms. Olive Huang
General Counsel & Secretary of the Board
No Bio Available
Mr. Rikus Pretorius
Vice President of Worldwide Sales
No Bio Available
Mr. Chris Trombetta
Chief People Officer
No Bio Available
Mr. Ross Biestman
Chief Revenue Officer
No Bio Available

Contacts

Address
CALIFORNIA
Glendale
800 N. Brand Blvd, Suite 100
Contacts