Welcome to our dedicated page for Servicetitan news (Ticker: TTAN), a resource for investors and traders seeking the latest updates and insights on Servicetitan stock.
ServiceTitan, Inc. (Nasdaq: TTAN) is a technology company in the Software – Application industry that provides a cloud-based, end-to-end software platform for trades and field service businesses. The ServiceTitan news feed highlights announcements, customer stories, partnerships, and financial updates that illustrate how the company’s platform is used across residential and commercial markets.
Readers can find news about contractors adopting ServiceTitan as their core technology platform, including multi-location operators in roofing, pool care, and other trades that standardize operations on the software. Coverage also includes product and feature launches, such as AI-powered programs like the ServiceTitan Max Program, Atlas as an AI sidekick within the platform, and AP Automation, Tap to Pay on Mobile, and integrated financing capabilities designed for contractor financial workflows.
ServiceTitan’s news also features industry research, such as its AI in the Skilled Trades report, which examines how contractors are adopting AI and how embedded tools affect efficiency and decision-making. Workforce and ecosystem initiatives appear as well, including collaborations with programs like The Home Depot’s Path to Pro and updates from affiliated products like FieldRoutes, a ServiceTitan product for field service businesses.
Investors and contractors can follow this page for press releases on quarterly financial results, strategic partnerships, customer adoption milestones, and developments in ServiceTitan’s AI, fintech, and field service capabilities. Bookmark this news section to monitor how ServiceTitan’s platform, partnerships, and industry initiatives evolve over time.
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.
Aspire Software's 2025 Commercial Cleaning Insights Report reveals promising growth prospects for the cleaning industry amid increasing return-to-office mandates. The survey of 1,000+ commercial cleaning companies shows 90% have a positive or neutral outlook for 2025, with 50% expecting increased profits and 57% anticipating revenue growth.
Key findings include:
- 53% of revenue comes from ongoing work, while repeat customers generate 40% of sales
- 61% prioritize new customer acquisition and revenue growth
- 63% aim to expand but face recruitment challenges
- 32% plan to adopt new software and technology in 2025
The report highlights that companies are focusing on digital transformation, with 45% currently using 5-7 software applications. However, 25% feel existing software falls short, and 56% cite onboarding costs as a barrier to adoption. Companies are combating staffing challenges through wage increases, with most planning 2-3% raises.
ServiceTitan (TTAN) has released its second annual Residential Services Report, revealing that 63% of residential service contractors are experiencing growth. The study, covering over 1,000 contractors across HVAC, electrical, plumbing, and roofing sectors, shows most businesses report revenue between $1-$19 million.
Key findings indicate that thriving businesses are focusing on modernizing homeowner experience, technology investment, and equipment expansion. The report highlights that 54% of successful contractors offer three-tiered estimates (Good, Better, Best), while struggling businesses provide such options in less than 10% of jobs.
Communication trends show 64% of contractors rely on phone calls, with thriving businesses also utilizing online booking (10%) and text messaging (7%). Notable revenue generation comes from estimate follow-ups, with 47% of contractors earning 11-15% of income through this practice. Main challenges include labor costs, skilled worker shortage, and rising material prices.
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.