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ServiceTitan, Inc.

Vertical SaaS for the Trades (Field Service ManagementFounded 2012
Reviewed by Swet Parvadiya
Company data updated: October 2026
Independent Editorial Analysis
7 historical events · Editorial analysis

ServiceTitan Company Profile: Revenue, Business Model & Strategy

Research depth: 7 milestones · 10 FAQs

ServiceTitan is an American vertical software company founded in 2012 by Ara Mahdessian and Vahe Kuzoyan. It reported revenue of $961 million for fiscal year 2026 (ended January 31, 2026). It trades on Nasdaq as TTAN and is led by CEO Ara Mahdessian.

How ServiceTitan makes money: ServiceTitan sells vertical software to trade contractors and monetizes in two main ways. Subscription revenue comes from per-technician and per-module platform fees for the core system plus add-on Pro products such as…

Revenue & employeesCEO historyFoundersBusiness model
Annual Revenue (FY2026)$961M
Employees3,414
CEOAra Mahdessian
Founded2012
IndustryVertical SaaS for the Trades
By Swet ParvadiyaLast reviewed:
Data sources: annual reports, SEC filings, methodology
Industry:Vertical SaaS for the Trades

ServiceTitan, Inc. key figures

ServiceTitan, Inc. had revenue of $961M for fiscal year 2026, up 24.5% from FY2025. Net loss was $159.9M, a net margin of -16.6%.

Source: ServiceTitan, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-03-25) · Last reviewed October 2026

Revenue growth, FY2023 to FY2026
+27.1% a year
Compound annual rate, $467.7M to $961M
Peak revenue year
FY2026
The latest annual year is the highest in this series
Revenue per employee
$281,478
FY2026 revenue divided by 3,414 employees; headcount may use another date
Current chief executive
Ara Mahdessian
In the role since 2012 (14 years)
Documented transactions
3
Between 2021 and 2024
Founded
2012
14 years ago
Where was ServiceTitan founded?
ServiceTitan was founded in Glendale, California, United States in 2012.
When did ServiceTitan start?
ServiceTitan was founded in 2012.
How old is ServiceTitan?
ServiceTitan is 14 years old as of 2026.
In-Depth Analysis
273 words · 2 min read

ServiceTitan, Inc. (NASDAQ: TTAN) sells cloud software that runs trade contracting businesses. It was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan and is based in Glendale, California. Revenue rose 24% to $961 million in fiscal 2026 (year ended January 31, 2026).

What does ServiceTitan do?

ServiceTitan gives HVAC, plumbing, electrical, roofing, landscaping, pest control and commercial contractors one system for call booking, CRM, scheduling, dispatch, mobile estimates, invoicing, payments, financing, marketing and reporting. Aspire covers commercial landscaping and FieldRoutes covers pest and lawn care.

How does ServiceTitan make money?

Most revenue is subscription fees for the platform and Pro add-ons; subscription revenue grew 26% in fiscal 2026. Usage revenue, mostly payments and financing, runs at roughly 0.27% of gross transaction volume, which reached $82.1 billion in fiscal 2026. Professional services for onboarding make up the rest.

Financial performance

  • Fiscal 2023 revenue: $467.7 million
  • Fiscal 2024 revenue: $614.3 million
  • Fiscal 2025 revenue: $771.9 million
  • Fiscal 2026 revenue: $961.0 million; net loss $159.9 million
  • Q2 fiscal 2027 revenue: $292.8 million (+21%); non-GAAP free cash flow $50.5 million

IPO and ownership

ServiceTitan priced its IPO at $71 per share on December 11, 2024 and began trading on Nasdaq the next day. It has a dual-class structure in which the co-founders hold higher-vote Class B shares. Its market cap was about $5.7 billion in mid-September 2026.

Leadership

Co-founder Ara Mahdessian is CEO and co-founder Vahe Kuzoyan is President.

Competitors

ServiceTitan competes with Jobber and Housecall Pro, Salesforce Field Service, ServiceNow, BuildOps, ServiceTrade, FieldEdge and Successware.

Outlook

The company is pushing its AI-driven Max offering and guided to roughly $1.14 billion of fiscal 2027 revenue.

Table of Contents

ServiceTitan, Inc. Key Facts

CompanyServiceTitan, Inc.
Annual revenue change+24.5% (FY2025–FY2026)
Financials$961M (FY2026, last reviewed October 2026)
Market Cap$5.7B
FY2026 net incomeloss $159.9M
Last reviewedBy Swet Parvadiya, Founder & Editor - October 2026
Founded2012
Founder(s)Ara Mahdessian, Vahe Kuzoyan
CEOAra Mahdessian
HeadquartersGlendale, California, United States
IndustryVertical SaaS for the Trades
Employees3,414+

ServiceTitan Company Profile: Revenue, Business Model & Strategy

"ServiceTitan crossed a $1 billion annualized revenue run rate in early 2026, reporting fiscal 2026 revenue of $961 million, up 24%, as contractors processed $82.1 billion of jobs through its platform."

ServiceTitan is an American vertical software company founded in 2012 by Ara Mahdessian and Vahe Kuzoyan. It reported revenue of $961 million for fiscal year 2026 (ended January 31, 2026). It trades on Nasdaq as TTAN and is led by CEO Ara Mahdessian.

Revenue

$961.0M

Founded

2012

Author: CorpDigest Research DeskCompany Research

Recorded annual revenue change

ServiceTitan, Inc. had $771.9M of annual revenue in FY2025 and $961.0M in FY2026. Revenue rose 24.5% between those fiscal years.

Source for FY2026

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Explore ServiceTitan In Depth

Detailed research across every dimension of ServiceTitan — history, financials, leadership, and strategy.

Company History

ServiceTitan provides an end-to-end platform that runs the front office, field work and back office of trade contracting businesses.

Full ServiceTitan history →

Revenue & Financials

ServiceTitan had $961M in revenue for fiscal year 2026. Data covers 4 fiscal years. Market capitalization stands at approximately $6B.

ServiceTitan financials →

Founders

ServiceTitan was founded by Ara Mahdessian, Vahe Kuzoyan in 2012. Explore each founder's background, motivations, and their role in building the company.

ServiceTitan founders →

CEO & Leadership

ServiceTitan is currently led by Ara Mahdessian. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.

ServiceTitan CEO history →

Business Model

ServiceTitan sells vertical software to trade contractors and monetizes in two main ways. Subscription revenue comes from per-technician and per-module platform fees for the core system plus add-on Pro products such as…

How ServiceTitan makes money →

Acquisitions

ServiceTitan has completed 3 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.

ServiceTitan acquisitions →

Competitive Strategy

ServiceTitan grows by adding contractors, selling more Pro products and Max AI features to existing customers, expanding into commercial trades and adjacent verticals through acquisitions such as Aspire (2021),…

ServiceTitan strategy →

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CorpDigest Research Desk

 Research Profile

Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.

About the Author →Our Methodology →

Sources & References

All data point citations [1], [2], etc. in the tables above refer to these primary sources.

Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->

Editorial Methodology

Company Research

We use company filings, annual reports, company statements and press reports, with primary sources preferred where available. Each financial row shows its recorded source. Full-year figures are separated from annualized run-rates, partial periods and forecasts; unaudited figures carry a label. Source detail varies by company, so check the linked material when the reporting basis matters.

1. Primary Sources

Public companies may provide filings and annual reports. Private-company figures may come from statements or press coverage. A missing figure stays missing, and a source link should identify where its number came from.

2. Expert Curation

We organize company records and review claims for strategic context, source quality and clarity. Pages show a review date where one is recorded.

3. Multi-Pass Audit

Technical checks flag inconsistent figures and missing links. Editorial review of the underlying source remains necessary for claims those checks cannot verify.

Swet Parvadiya
SEC filings & public records methodology
Sourced from public financial records

Frequently Asked Questions About ServiceTitan

How does ServiceTitan make money?

ServiceTitan makes money mainly from subscriptions to its contractor software platform and Pro add-ons, plus usage fees from payments and financing on jobs that run through the platform. Fiscal 2026 revenue was $961 million, with subscription revenue growing 26%.

Who owns ServiceTitan?

ServiceTitan is a public company listed on Nasdaq as TTAN since December 2024, so it is owned by its shareholders, including institutional investors, early venture backers and co-founders Ara Mahdessian and Vahe Kuzoyan, who hold super-voting Class B shares under its dual-class structure.

Who is the CEO of ServiceTitan?

Ara Mahdessian, who co-founded the company in 2012, is ServiceTitan's CEO. Co-founder Vahe Kuzoyan is President.

Who are ServiceTitan's competitors?

Main competitors include Jobber and Housecall Pro for smaller contractors, Salesforce Field Service and ServiceNow for enterprises, and specialist tools such as BuildOps, ServiceTrade, FieldEdge and Successware.

What is ServiceTitan's revenue?

ServiceTitan reported $961.0 million of revenue for fiscal 2026 (ended January 31, 2026), up 24.5%, and guided to roughly $1.14 billion for fiscal 2027.

When did ServiceTitan go public?

ServiceTitan priced its IPO at $71 per share on December 11, 2024 and began trading on Nasdaq under TTAN on December 12, 2024.

How many customers and employees does ServiceTitan have?

It had about 10,800 active customers and 3,414 employees at the end of fiscal 2026 (January 31, 2026).

What is ServiceTitan's market cap?

ServiceTitan's market capitalization was about $5.7 billion in mid-September 2026, down from roughly $8.9 billion at its first-day close in December 2024.

What is ServiceTitan used for?

ServiceTitan is the absolute industry-standard ERP software used by massive plumbing, HVAC, and electrical companies to manage dispatching, invoicing, scheduling, and payroll.

Who founded ServiceTitan?

ServiceTitan was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan, two college students who originally built the software simply to help their immigrant fathers manage their plumbing businesses.

Strategic Face-Off

Head-to-Head Comparisons

How does ServiceTitan, Inc. stack up against its biggest rivals? Compare revenue, business models, SWOT, and competitive moats side by side.

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ServiceTitan, Inc. vs Salesforce, Inc.

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ServiceTitan, Inc. vs Intuit Inc.

Revenue scale, margin comparison, and long-term moat analysis.

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RivalryVS

ServiceTitan, Inc. vs Toast, Inc.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.