ServiceTitan Reports Strong Growth in Second Quarter Results

Author: Addison Perry Updated: 09-04-2025 04:28 PM

ServiceTitan Celebrates Robust Financial Results

ServiceTitan, a leading software platform for trades, recently released its financial results for the fiscal second quarter. This quarter is particularly significant as it showcases notable growth in various business metrics.

Highlights from Fiscal Second Quarter 2026

During this quarter, the company's gross transaction volume (GTV) reached a remarkable $22.9 billion, reflecting a year-over-year growth of 19%. Additionally, the total revenue surged to $242.1 million, marking an impressive 25% increase compared to the previous year.

Revenue Breakdown

Delving deeper into the revenue details, platform revenue saw a substantial rise to $232.7 million, contributing significantly to the overall growth. This growth is attributed to ServiceTitan's continued investments and commitment to meeting customer needs effectively.

CEO Insights

Ara Mahdessian, the Co-Founder and CEO, expressed gratitude towards the team for enabling customers to thrive during this busy season, emphasizing the transformative potential that ServiceTitan brings to the trades industry.

Positive Outlook for Future Quarters

Looking ahead, the company is optimistic about continuing its upward trajectory. The fiscal outlook for the third quarter anticipates total revenues between $237 million to $239 million, projecting sustained growth into the year.

Commitment to Technology and Services

ServiceTitan's efforts in enhancing their platform capabilities are evident. The company focuses on empowering contractors with innovative tools that streamline operations and improve customer service experiences. This ongoing dedication is paving the way for solid performance in key sectors of the trades.

Conference Call and Investor Engagement

To discuss these results, ServiceTitan will hold a conference call that is expected to attract a lot of attention from analysts and investors alike. This event will provide an in-depth look at the financial metrics and strategic direction for the months ahead.

About ServiceTitan

ServiceTitan stands out as the software platform that truly powers trades businesses. Their cloud-based solutions provide contractors with an integrated system that enhances every aspect of operational management.

Frequently Asked Questions

What was the gross transaction volume in the fiscal second quarter?

The gross transaction volume reached $22.9 billion, reflecting a growth of 19% compared to the previous year.

How much did ServiceTitan's total revenue increase?

Total revenue increased by 25%, amounting to $242.1 million for the quarter.

What are the expectations for the fiscal third quarter?

ServiceTitan anticipates total revenues in the range of $237 million to $239 million for the fiscal third quarter.

What is ServiceTitan's main focus area?

ServiceTitan focuses on empowering trades businesses through innovative software solutions that streamline their operations.

When will the conference call be held?

The conference call discussing these financial results will take place on September 4, 2025, at 2:00 PM Pacific Time.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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