Servicetitan Stock Price, News & Analysis

Aspire Software has released its first annual 2025 Landscape Industry Report, surveying over 1,000 commercial landscaping professionals. Despite 42% experiencing revenue decreases in 2024, the industry shows optimism with 44% forecasting revenue increases in 2025.

Key findings include:

• 93% of contractors use software, primarily for accounting (77%), invoicing (72%), and estimating (61%)
• 73% view digital transformation as important
• 57% face impact from rising material costs, 69% from equipment costs
• 51% cite staffing as a major business risk
• 55% plan wage increases of 2-9% to attract talent

Growth strategies for 2025 include increased sales and marketing efforts (38%), team expansion (21%), new offices (16%), and technology investment (14%). While 71% won't introduce new services, commercial maintenance firms show interest in expansion, with 51% planning to enter commercial bid-build construction services.

ServiceTitan (NASDAQ: TTAN) reported its Q4 and full-year fiscal 2025 results, showing strong growth despite operational losses. Q4 revenue increased 29% year-over-year to $209.3 million, with platform revenue up 30% to $200.1 million.

The company posted a Q4 GAAP loss of ($99.9) million, while achieving non-GAAP income of $6.9 million. For full-year fiscal 2025, total revenue grew 26% to $771.9 million, with a GAAP net loss of ($239.1) million but non-GAAP net income of $16.5 million.

Key operational metrics include:

• Net dollar retention >110% in Q4 2025
• Gross dollar retention >95% for fiscal 2025
• Active customers reached ~9,500, up 18% year-over-year
• Gross Transaction Volume hit $68.5B for fiscal 2025, up 23%

For fiscal 2026, ServiceTitan projects revenue between $895-905 million with non-GAAP operating income of $48-53 million.

ServiceTitan (TTAN) has been selected as the preferred customer relationship management (CRM) solution for exterior contractors by GAF, North America's largest roofing and waterproofing manufacturer. The partnership integrates GAF QuickMeasure™ reports within ServiceTitan's platform, enabling contractors to generate accurate roof measurements and estimates in under an hour.

The collaboration marks GAF's first official CRM provider endorsement, with Master Elite contractors using ServiceTitan eligible for a 3% rebate on their core roofing subscription. The integration aims to streamline business operations, eliminate manual data entry errors, and enhance estimating efficiency through auto-populated measurement forms.

ServiceTitan (Nasdaq: TTAN) has announced it will release its fiscal fourth quarter and full year 2025 financial results after market close on Thursday, March 13, 2025. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the financial results and provide the fiscal year 2026 outlook. A webcast replay will be available for twelve months following the event on the company's investor relations website.

ServiceTitan (NASDAQ: TTAN) reported its Q3 FY2025 financial results, showing notable growth with total revenue increasing 24% year-over-year to $199.3 million. Platform revenue grew 26% to $191.2 million. The company reported a GAAP loss from operations of ($44.0 million), while achieving non-GAAP operating income of $1.6 million.

Key metrics include net dollar retention above 110% and Gross Transaction Volume of $17.8 billion, up 20% year-over-year. Cash and equivalents stood at $133.8 million, with operating activities generating $15.5 million in cash. For Q4 FY2025, ServiceTitan projects revenue between $199.0-201.0 million and expects full-year FY2025 revenue of $761.6-763.6 million.

ServiceTitan (Nasdaq: TTAN) has announced a rescheduling of its fiscal Q3 2025 earnings conference call to Monday, January 13, 2025, after market close. The company will host the conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

The change in schedule is due to the observance of the National Day of Mourning for former President Jimmy Carter. The earnings release will cover financial results for the fiscal third quarter ended October 31, 2024. A webcast replay will be available on the company's investor relations website for twelve months following the event.

ServiceTitan (Nasdaq: TTAN) has announced it will release its fiscal third quarter 2025 financial results after market close on Thursday, January 9, 2025. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the quarterly results, business operations, and outlook. A webcast replay will be available for twelve months following the event on the company's investor relations website.

ServiceTitan (NASDAQ: TTAN) has announced the successful completion of its underwriters' option to purchase additional shares following its IPO. The underwriters exercised their full 30-day option to purchase 1,320,000 additional shares of Class A common stock at the IPO price of $71.00 per share, generating gross proceeds of $93,720,000 before deducting underwriting costs.

The offering was led by Goldman Sachs and Morgan Stanley as lead book-running managers, with several other financial institutions participating in various roles. The SEC declared the registration statement effective on December 11, 2024.

ServiceTitan announced the pricing of its initial public offering (IPO) of 8,800,000 shares of Class A common stock at $71.00 per share. The company granted underwriters a 30-day option to purchase up to an additional 1,320,000 shares. Trading is expected to begin on December 12, 2024, on the Nasdaq Global Select Market under the ticker symbol TTAN.

The offering, set to close on December 13, 2024, is led by Goldman Sachs and Morgan Stanley as lead book-running managers, with Wells Fargo Securities and Citigroup serving as additional book-running managers. Several other firms are participating as passive bookrunners and co-managers.