Servicetitan Stock Price, News & Analysis

ServiceTitan (Nasdaq: TTAN), a software platform for trades professionals, has announced a strategic partnership with Associated Builders and Contractors (ABC), joining their Tech Marketplace. This collaboration aims to provide ABC's 23,000 members with access to ServiceTitan's comprehensive construction management software platform.

As part of this partnership, ABC members will receive an exclusive benefit of three complimentary months of ServiceTitan subscription. The platform combines construction capabilities with service functionality, offering tools for scheduling, billing, and real-time tracking, designed to help specialty contractors manage both long-term projects and short-term services.

The partnership reinforces ServiceTitan's commitment to advancing technology adoption in the construction industry, providing contractors with digital solutions to enhance operational efficiency and project management capabilities.

ServiceTitan (Nasdaq: TTAN) has announced that its SuiteApp has achieved 'Built for NetSuite' status, marking a significant integration milestone. The SuiteApp, developed using Oracle NetSuite's SuiteCloud Platform, is designed to help enterprise, commercial service, and construction contractors optimize their operations.

The integration enables organizations to seamlessly connect ServiceTitan's field service platform with NetSuite's unified business suite, enhancing financial visibility and workflow efficiency. Key benefits include improved financial reporting accuracy, better decision-making insights, and optimized cash flow management for increased profitability.

ServiceTitan (TTAN) has announced a strategic integration with ABC Supply Co., North America's largest wholesale distributor of roofing and building products. The partnership aims to provide roofing contractors with real-time access to accurate product catalogs, pricing, and order status directly within the ServiceTitan platform. Key features include branch-specific pricing updated nightly, location-aware estimates, real-time purchase validation, seamless estimate-to-order workflow, and enriched catalog content. The integration addresses critical challenges in the industry, where 64% of contractors cite material prices as a potential growth hindrance. This collaboration is designed to streamline operations, reduce manual entry errors, and improve profitability for contractors. The integration will be available to all ServiceTitan roofing and exterior customers in summer 2025.

ServiceTitan (TTAN) has announced a strategic integration with EagleView, a leading aerial roofing measurement provider. The partnership combines EagleView's precise aerial property data with ServiceTitan's estimating and proposal tools, enabling roofing and exterior contractors to streamline their operations. EagleView's technology, which covers 94% of U.S. homes with 98.77% measurement accuracy, is now directly integrated into ServiceTitan's platform. The integration allows contractors to access detailed property measurements, create precise bids, and eliminate manual measurement errors. Key benefits include faster estimate delivery (4x faster), enhanced accuracy in material ordering, and improved operational efficiency. The solution is currently available to all ServiceTitan roofing and exterior customers.

ServiceTitan (NASDAQ: TTAN) reported strong Q1 FY2026 results with total revenue reaching $215.7M, up 27% YoY. The company's platform revenue grew to $208.0M, also up 27% YoY. Gross Transaction Volume (GTV) increased 22% to $17.7B. While maintaining a GAAP operating loss of $49.5M, the company improved its non-GAAP operating income to $16.2M with a 7.5% margin. Net dollar retention remained strong at >110%. Looking ahead, ServiceTitan forecasts Q2 FY2026 revenue between $228-230M and full-year revenue of $910-920M, with expected non-GAAP operating income of $17-18M for Q2 and $54-59M for the full year.

ServiceTitan (Nasdaq: TTAN) announced it will release its fiscal first quarter 2026 financial results on June 5, 2025, after market close. The company will host a conference call at 2:00 PM PT (5:00 PM ET) on the same day to discuss the Q1 results and provide outlook for fiscal year 2026. A webcast replay will be available for twelve months on the company's investor relations website.

ServiceTitan (TTAN) has released its second annual Exterior Services Report, surveying over 1,000 contractors in the roofing, gutters, siding, and windows industries. The study reveals that 76% of exterior contractors aim to grow revenue in 2025, though only 56% expect this growth to materialize. Major challenges include increasing material prices (64%), labor shortage (58%), and rising labor and overhead costs (53%).

To counter these challenges, contractors are focusing on optimization strategies: 62% aim to optimize overhead costs, 56% target labor costs, and 37% seek better marketing efficiency. Growth initiatives include expansion into metal roofing (23%), adding new locations (21%), and business acquisitions (6%). The industry shows interest in diversification, with contractors considering siding (40%), roofing insurance claims (22%), doors (11%), and solar (11%) as new trade opportunities.

ServiceTitan (TTAN) has announced a strategic partnership with Cobalt Service Partners, an access solutions platform backed by Alpine Investors. Cobalt, which has grown to 12 market-leading brands in just over a year, will utilize ServiceTitan's business management platform to enhance growth and efficiency across its commercial contractor portfolio.

The partnership will provide Cobalt access to ServiceTitan's comprehensive technology suite, including:

• Property intelligence powered by Convex for identifying high-intent commercial prospects
• Project management with AI-powered profit predictors
• Real-time customer access to estimates and work status
• Inventory management and accounting automation
• Mobile-first field applications
• Integration capabilities with platforms like Sage Intacct and Inova

ServiceTitan (TTAN) has released its Commercial Specialty Contractor Industry Report, surveying over 1,000 specialty contractors in plumbing, HVAC, and electrical sectors. The study reveals significant challenges facing the industry, with 93% of contractors focused on winning new projects despite major hurdles.

Key findings show that 64% of contractors anticipate rising material prices, while 63% cite rising labor and overhead costs as top business risks. The report highlights that only 50% of contractors factor volatile material costs into planning, and 36% regularly adjust budgets mid-project. The average bid conversion rate stands at 17.9%, with 70% of contractors converting less than 20% of their bids.

To combat these challenges, contractors are adopting technology solutions: 80% use communication tools, 51% use project management software, and 40% employ specialized workforce management software. Notably, 17% of contractors report AI already impacting their business, with document management (57%) and reporting (41%) identified as key areas for AI transformation.