TTAN

ServiceTitan (TTAN) shares rose more than 4% on June 4 after the company reported strong fiscal first quarter 2027 results, with revenue up 25% from a year ago and ahead of Wall Street expectations. That move shows investors liked what they saw, especially as the company continues to add AI tools that help contractors run their businesses more effectively and improve profits. ServiceTitan’s own industry research shows that 74% of residential contractors see AI as important for improving efficiency and supporting execution-led growth. Early users are already seeing benefits, with 48% reporting higher productivity and 45% reporting time savings, while 73% said getting in early gives them a competitive edge. Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock Billionaire Jeff Bezos Says America Needs to ‘Fix It at the Root’ Like Amazon Does Instead of Picking Villains — Bottom 50% Should Pay ‘Zero’ Taxes JPMorgan Just Dramatically Reversed Course on Tesla Because TSLA Stock Has Massive Physical AI Potential Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The same pattern is showing up on the commercial side, where AI adoption has more than doubled as businesses look for better ways to handle cost pressure and improve performance. With investors scanning for promising new names in the AI landscape beyond traditional tech leaders, could ServiceTitan be one of the more interesting long-term stories to watch? Glendale, California-based ServiceTitan delivers cloud-based software that helps home and commercial service contractors manage scheduling, dispatch, invoicing, and customer relationships. TTAN shares are down 30.81% year-to-date and 30.87% over the past 52 weeks. This pricing is tied to an equity value of about $7.37 billion and a valuation profile that includes a 7.14 times price-to-sales (TTM) multiple versus a sector median of 3.75 times and a 4.73 times price-to-book (TTM) ratio versus a sector median of 4.21 times. Their most recent earnings report on April 26 showed revenue of $268.8 million, up 25% year-over-year (YOY). It highlighted subscription revenue of $202 million, a 24% increase, with growth driven by Pro, commercial customers, and the early lift from Max, the company’s AI-powered suite designed to automate workf...

ServiceTitan, Inc. TTAN reported its first-quarter fiscal 2027 earnings call to emphasize a sharper operating story than a simple revenue beat. Management framed the quarter around stronger customer ROI, faster rollout of Max and improving internal execution. That message came with better profitability and a higher full-year outlook. Non-GAAP earnings of 37 cents topped the Zacks Consensus Estimate of 28 cents by 32.14%, whereas revenues of $268.82 million beat the estimate of $255 million by 4.89%. ServiceTitan Inc. price-consensus-eps-surprise-chart | ServiceTitan Inc. Quote Co-founder and CEO Ara Mahdessian centered the call on ServiceTitan’s effort to become what he called an agentic operating system for the trades. Mahdessian tied that strategy to multi-year growth vectors and a push to improve organizational velocity. Mahdessian used customer examples to argue that Max is moving beyond feature bundling into workflow automation across lead generation, booking and field conversion. He said that capabilities introduced in the quarter included speed-to-lead, inbound call booking automation, auto inventory replenishment and invoice protection. That framing mattered because management repeatedly positioned Max as the next leg of platform value creation, rather than an add-on product cycle. The company’s commentary suggested that automation depth, not just seat growth, is becoming the key investor focus. President Vahe Kuzoyan said that the company is still executing against its established priorities in enterprise, commercial and roofing while building out Max. In commercial, Mahdessian pointed to invoicing agents, equipment systems and enhanced CRM capabilities, while roofing work remained focused on trade-specific and insurance workflows. Enterprise remained a standout. Kuzoyan said that ServiceTitan surpassed 2,000 customers with annualized billings above $100,000, and that cohort now accounts for more than 60% of annualized billings while remaining the fastest-growing segment. In the quarter, total revenues rose 25% year over year to $268.8 million. Platform revenues also increased 25% to $260.6 million. The gross transaction volume climbed 23% to $21.7 billion, giving management a financial backdrop that supported its more expansive product narrative. Kuzoyan said that ServiceTitan more than doubled the number of locations on Max in the fiscal first qua...

Image source: The Motley Fool. Thursday, June 4, 2026 at 5 p.m. ET Co-Founder and Chief Executive Officer — Ara Mahdessian Co-Founder and President — Vahe Kuzoyan Chief Financial Officer — Dave Sherry Head of Investor Relations — Jason Rechel Need a quote from a Motley Fool analyst? Email [email protected] Jason Rechel: Thank you, operator, and welcome, everyone, to ServiceTitan's Fiscal First Quarter 2027 Earnings Conference Call. With me are ServiceTitan's Co-Founder and CEO, Ara Mahdessian; Co-Founder and President, Vahe Kuzoyan; and CFO, Dave Sherry. During today's call, we will review our fiscal first quarter 2027 results. We will also discuss our guidance for the second fiscal quarter and full fiscal year 2027. Before we get started, we want to draw your attention to the safe harbor statement included in today's press release and emphasize that information discussed on this call, including our guidance, is based on information as of today and contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact could be deemed to be forward-looking. Forward-looking statements reflect our views as of today only, and except as required by law, we undertake no obligation to update or revise these forward-looking statements. Please take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ. We also want to point out that we present non-GAAP measures in addition to and not as a substitute for financial measures prepared in accordance with generally accepted accounting principles. Definitions of these non-GAAP financial measures, along with reconciliations to our GAAP financial measures are included in our earnings release which we've furnished with the SEC and is available on our website at investors.servicetitan.com. Unless otherwise stated, all references on this call to platform gross margin, total gross margin, operating income, operating margin, free cash flow and related growth rates are on a non-GAAP basis. Finally, we've posted an updated investor presentation that can be found on the Investor Relations website at investors.servicetitan.com, along with a replay of this call. And with that, let me turn the call over to Ara. Ara? Ara Mahdessian: Thank you, Jason, and thank you for joining us. Our customers are off to a strong start in...

ServiceTitan reports better-than-expected earnings and revenue for its fiscal first quarter and lifts its guidance.

This article first appeared on GuruFocus. Release Date: June 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ServiceTitan Inc (NASDAQ:TTAN) reported a 25% year-over-year revenue growth, demonstrating strong financial performance. The company successfully doubled the number of locations using its MAX platform in Q1 and plans to double it again in Q2, indicating strong demand and adoption. ServiceTitan Inc (NASDAQ:TTAN) achieved a significant milestone with over 2000 customers having annualized billings greater than $100,000, representing over 60% of their ARR. The introduction of new features like speed to lead, inbound call booking automation, and auto inventory replenishment has enhanced the platform's capabilities. The company's focus on AI and automation is driving efficiency and scalability, with virtual agents experiencing strong early customer adoption. Despite strong growth, ServiceTitan Inc (NASDAQ:TTAN) reported a negative free cash flow of $9.6 million in Q1, though it was an improvement from the previous year. The company faces challenges in scaling the MAX platform efficiently, requiring significant manual work and executive involvement in the initial phases. Weather and business day variations contributed to revenue fluctuations, making it difficult to predict future performance accurately. The company is experiencing a mix shift towards commercial operations, which has lower monetization due to different payment methods. There is a potential risk of AI-driven gross margin compression as customers increase their usage of AI functionalities. Warning! GuruFocus has detected 8 Warning Signs with BBCP. Is TTAN fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide insights and key takeaways from your private equity symposium? A: Our role as the operating system for the trades is to help operators thrive and sponsors earn higher returns. The symposium highlighted the standardization of operations on ServiceTitan by large operators and sponsors. This is due to our platform's ability to leverage data and ecosystem advantages, making us the natural destination for execution, orchestration, and interaction layers. The excitement for AI's potential in the trades was reiterated, and private equity remains a fast-growing part of our business. - Ara Medesian, Co-Founder a...

ServiceTitan (TTAN) raised its fiscal 2027 guidance after reporting Q1 results that exceeded expecta

LOS ANGELES, June 04, 2026 (GLOBE NEWSWIRE) -- ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, today announced financial results for the fiscal first quarter ended April 30, 2026. “Our customers are off to a strong start in fiscal year 2027,” said Ara Mahdessian, Co-Founder and CEO. “We continue to execute on our core multi-year growth vectors, we’re delivering the Agentic Operating System to the Trades, and we’re improving our organizational velocity.” “I am excited about our progress so far this year,” said Vahe Kuzoyan, Co-Founder and President, “During Q1, we more than doubled the number of locations on Max; we're optimizing our internal processes, automating customer onboarding and expect to again double the number of locations on Max during Q2.” Fiscal First Quarter 2027 Financial and Operational Highlights: _________________________ (1) Gross Transaction Volume (“GTV”) represents the sum of total dollars invoiced by our customers through the ServiceTitan platform in a given period, which is intended to be a proxy for the total revenue our customers generate.(2) This press release uses non-GAAP financial measures that adjust GAAP financial measures for the impact of various items. See the section titled “Non-GAAP Financial Measures” and the tables entitled “GAAP to Non-GAAP Reconciliation” below for additional information. Fiscal Second Quarter and Fiscal Year 2027 Financial Outlook:For fiscal second quarter 2027 and for the full fiscal year 2027, the company currently expects: _________________________(3) ServiceTitan is not able, at this time, to provide an outlook for GAAP loss from operations or a reconciliation of expected non-GAAP income from operations to GAAP loss from operations for the fiscal second quarter 2027 or for the full fiscal year 2027 because of the difficulty of estimating certain items excluded from non-GAAP income from operations that cannot be reasonably calculated or predicted without unreasonable efforts. For example, charges related to stock-based compensation expense require additional inputs, such as the number and value of awards granted, that are not currently ascertainable. Conference Call Information:The financial results and business highlights will be discussed on a conference call and webcast scheduled at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Thursday, June 4, 2026. Online regi...

ServiceTitan Inc. (TTAN) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +32.14%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.27, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. ServiceTitan Inc., which belongs to the Zacks Internet - Software industry, posted revenues of $268.82 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 4.89%. This compares to year-ago revenues of $215.69 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ServiceTitan Inc. shares have lost about 31.8% since the beginning of the year versus the S&P 500's gain of 10.4%. While ServiceTitan Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ServiceTitan Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today'...

First-quarter revenue came in at $268.8 million, ahead of analyst estimates of $256.7 million. The company forecast second-quarter revenue well above consensus expectations. Full-year operating income guidance was increased to a range of $142 million to $147 million. Shares of ServiceTitan (TTAN) gained more than 14% in after-hours trading on Thursday after the company reported fiscal first-quarter results that topped Wall Street expectations and raised its outlook for the remainder of fiscal 2027. The stock had already gained 2.34% during the regular trading session before extending those gains following the earnings release. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox ServiceTitan reported first-quarter earnings of $0.37 per share, more than double the $0.18 posted in the same period last fiscal year and ahead of the $0.28 per share consensus estimate, according to Fiscal.ai. Revenue rose to $268.8 million, compared to $215.7 million in the fiscal first quarter of 2026, and also exceeded analyst expectations of $256.66 million, according to Fiscal.ai The software platform provider with a focus on contractors also reported first-quarter gross transaction volume of $21.7 billion, up from $17.7 billion in Q1 fiscal 2026. “Our customers are off to a strong start in fiscal year 2027,” said Ara Mahdessian, co-founder and CEO, adding, “We continue to execute on our core multi-year growth vectors, we’re delivering the Agentic Operating System to the Trades, and we’re improving our organizational velocity.” ServiceTitan raised its fiscal 2027 revenue forecast to a range of $1.13 billion to $1.14 billion, up from its previous outlook of $1.11 billion. The updated forecast is above the analyst consensus estimate of $1.12 billion. The company also raised its fiscal 2027 operating income outlook and now expects income from operations of $142 million to $147 million. For the second quarter, ServiceTitan expects revenue between $284 million and $286 million, ahead of the consensus estimate of $280 million, according to Fiscal.ai. The company expects second-quarter income from operations of $38 million to $39 million. Co-founder and president Vahe Kuzoyan pointed to continued momentum in the company's Max offering. “During Q1, we more than doubled the number of locations on Max. We’re op...

ServiceTitan Inc. (TTAN) reported $268.82 million in revenue for the quarter ended April 2026, representing a year-over-year increase of 24.6%. EPS of $0.37 for the same period compares to $0.18 a year ago. The reported revenue represents a surprise of +4.89% over the Zacks Consensus Estimate of $256.3 million. With the consensus EPS estimate being $0.28, the EPS surprise was +32.14%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ServiceTitan Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Gross Transaction Volume: $21.70 billion versus $20.42 billion estimated by four analysts on average. Revenue- Platform: $260.56 million versus the six-analyst average estimate of $246.92 million. The reported number represents a year-over-year change of +25.3%. Revenue- Professional services and other: $8.26 million compared to the $8.01 million average estimate based on six analysts. The reported number represents a change of +7.1% year over year. Revenue- Platform- Subscription: $202.04 million versus the four-analyst average estimate of $194.85 million. Revenue- Platform- Usage: $58.53 million versus the four-analyst average estimate of $51.47 million. Non-GAAP gross profit- Professional Services & Other: $-9.34 million versus the five-analyst average estimate of $-7.77 million. Non-GAAP gross profit- Platform: $211.72 million versus $198.36 million estimated by five analysts on average. View all Key Company Metrics for ServiceTitan Inc. here>>> Shares of ServiceTitan Inc. have returned +15.6% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ServiceTitan Inc. (TTAN) : Free Stock Analysis Report...

ServiceTitan Inc. (NASDAQ:TTAN) is set to report fiscal first-quarter results after the market close on Thursday, with investors closely watching whether the company can maintain the momentum generated by its artificial intelligence initiatives. Analysts currently expect earnings per share of $0.05, down from the $0.27 reported in the previous quarter, setting up an important test for the software provider as it seeks to demonstrate that recent growth trends remain intact. The company delivered fiscal fourth-quarter revenue of $254 million in March and surpassed a $1 billion annualized revenue run rate, a significant milestone for the Los Angeles-based business following its public market debut in late 2024. Despite that progress, ServiceTitan shares have retreated roughly 37% from their 52-week high of $119.99 and recently traded around $75.01. Even so, Wall Street sentiment remains constructive, with 18 analysts maintaining a Strong Buy consensus rating and an average price target of $99.75, implying meaningful upside from current levels. One of the key areas of attention will be ServiceTitan’s Max platform, the company’s agentic AI offering. Management has previously indicated that customers fully adopting the platform can generate roughly double the subscription revenue compared with standard users, making adoption trends a major focus for investors. “We believe the key incremental growth drivers are the Max program, Voice Agents, commercial, and roofing,” Piper Sandler analyst Billy Fitzsimmons wrote ahead of the earnings release, adding that “we see a path to low-20%s growth” despite management’s more cautious outlook. Investors will be looking for evidence that AI-related products are gaining traction and contributing to accelerating revenue growth. ServiceTitan’s Virtual Agents solution, which automates customer interactions through AI-powered call center technology, is also expected to attract significant attention. The product has begun generating additional usage-based revenue while helping customers address labor shortages and staffing volatility. KeyBanc analyst Jason Celino said discussions with customers evaluating the technology were “bullish” and noted that “we could see near-term revenue upside from better than expected GTV growth”. Market participants will be keen to hear whether adoption rates continue to improve and whether management se...

ServiceTitan (TTAN) reported a fiscal Q1 non-GAAP net income late Thursday of $0.37 per diluted shar