Servicetitan Stock Price, News & Analysis

FieldRoutes, a ServiceTitan (NYSE:TTAN) product, has released its annual State of the Pest Industry Report, revealing significant challenges and opportunities in the pest control sector. The comprehensive study, surveying over 1,000 pest control company employees, shows that 89% of businesses are struggling with rising material and equipment costs.

Key findings indicate that 35% of businesses view recession as a major threat (up 15% from 2024), while 89% plan to increase technician wages. Despite economic pressures, the industry shows resilience with 35% expecting market improvement, 43% anticipating stability, and 23% forecasting decline. The report highlights technology adoption as crucial for growth, though only 20% of companies plan to invest in new software this year, with the same percentage planning to implement AI solutions.

[ "44% of companies reported decreases in lead times, indicating supply chain improvements", "89% of companies plan to increase wages for technicians to improve retention", "Companies prioritizing technology adoption see improvements in operational efficiency and margins", "35% of businesses expect market improvement in the coming year" ]

ServiceTitan (Nasdaq: TTAN) has announced a strategic partnership with Pine Services Group, a leading holding company specializing in Enterprise Resource Planning (ERP) services. Pine Services Group, part of Evergreen Services Group, manages over 12 companies with 1,000+ employees and serves more than 10,000 businesses.

The partnership will create an integrated ecosystem of field service management, accounting, and ERP solutions. Key initiatives include establishing ServiceTitan as a preferred FSM solution, providing strategic accounting integrations, and expanding market reach for both companies. Pine will leverage ServiceTitan's technology suite to serve commercial and construction industries while extending its accounting and IT services to ServiceTitan's residential customers.

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.