ServiceTitan, Inc.
Financial Performance
ServiceTitan Revenue & Financials
Revenue
$961M (FY2026)
Market Cap
$5.7B
Employees
3,414
What is ServiceTitan's revenue?
ServiceTitan had $961M in revenue for fiscal year 2026, up 24.5% from 2025. It reported a net loss of $159.9M.
- Latest revenue
- $961M (FY2026)
- Year-over-year
- +24.5%
- Growth rate (CAGR)
- 27.1% over 3 years
- Peak revenue
- $961M (FY2026)
- Years of data
- 4
- Employees
- 3,414
- What is ServiceTitan's operating income?
- ServiceTitan reported an operating loss of $169.2M for fiscal year 2026. sec.gov
- How much profit does ServiceTitan make?
- ServiceTitan reported a net loss of $159.9M for fiscal year 2026. sec.gov
- How many employees does ServiceTitan have?
- ServiceTitan has about 3,414 employees.
Financial Analysis
ServiceTitan reported revenue of $467.7 million in fiscal 2023, $614.3 million in fiscal 2024, $771.9 million in fiscal 2025 and $961.0 million in fiscal 2026 (fiscal years end January 31). Its net loss went from $269.5 million to $159.9 million over the same period. Q4 fiscal 2026 revenue was $254 million, up 21%, with a 10.7% non-GAAP operating margin. In Q2 fiscal 2027 (quarter ended July 31, 2026), revenue rose 21% to $292.8 million, non-GAAP operating margin reached 15.2% and non-GAAP free cash flow was a record $50.5 million. Guidance after Q2 called for fiscal 2027 revenue of about $1.139 billion to $1.144 billion. ServiceTitan is a highly dominant, specialized cloud-based software platform built explicitly for the trades and home service industry, commanding a massive private market valuation over $7 billion.
Revenue Trend Analysis
YoY Change
+24.5%
3-Year CAGR
+27.1%
Peak Year
2026
Trend
Consistent Growth
ServiceTitan, Inc. has 4 full fiscal year figures on this page, compounding at +27.1% annually over 3 years. The most recent year saw a 24.5% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $961M. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2026 | $961M | -$169.2M | -$159.9M | +24.5% | ServiceTitan, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-03-25) Fiscal year ended 2026-01-31. |
| FY2025 | $771.9M | -$230M | -$239.1M | +25.6% | ServiceTitan, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-03-25) Fiscal year ended 2025-01-31. |
| FY2024 | $614.3M | -$182.9M | -$195.1M | +31.3% | ServiceTitan, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-03-25) Fiscal year ended 2024-01-31. |
| FY2023 | $467.7M | -$221.9M | -$269.5M | — | ServiceTitan, Inc. annual report (Form 10-K, SEC EDGAR, filed 2025-04-02) Fiscal year ended 2023-01-31. |
Click any row to see year details.
ServiceTitan, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2026ended Jan 31, 2026 | $110.1M | $4.7M | $1.7B | $219.8M | $1.5B | $105.4M | Form 10-K |
| FY2025ended Jan 31, 2025 | $37.1M | $3.8M | $1.8B | $314.1M | $1.5B | $33.3M | Form 10-K |
| FY2024ended Jan 31, 2024 | -$39.7M | $28.4M | $1.5B | $366.1M | -$477.9M | -$68.1M | Form 10-K |
Keep researching ServiceTitan
ServiceTitan Revenue and Financial FAQ
What is ServiceTitan's stock ticker symbol and exchange?
ServiceTitan trades publicly on the NASDAQ Global Select Market under the ticker symbol "TTAN".
What is ServiceTitan's estimated annual revenue scale?
Leading up to its public offering, ServiceTitan generated over $600 million to $700 million in annual revenue, growing at an annual rate exceeding 20% to 25% across software subscriptions and payment services.
How much total capital did ServiceTitan raise as a private company?
ServiceTitan raised over $1.1 billion in private venture and growth equity capital from elite investors including Bessemer Venture Partners, ICONIQ Growth, Index Ventures, Battery Ventures, T. Rowe Price, Sequoia, and Thoma Bravo.
What was ServiceTitan's valuation progression across its funding rounds?
ServiceTitan was valued at ~$100M in Series A (2015), ~$500M in Series B (2017), $1.65B in Series C (2018), $8.3B in Series E (2021), and reached a peak private valuation of $9.5B in late 2021 before public market tech multiples recalibrated.
What is ServiceTitan's Gross Merchandise Volume (GMV) processed on its platform?
Contractors using ServiceTitan generate tens of billions of dollars in annual Gross Merchandise Volume across repair, maintenance, and installation invoices, making ServiceTitan one of the largest transaction facilitators in the home services sector.
What is ServiceTitan's Net Revenue Retention (NRR) rate?
ServiceTitan regularly achieves an enterprise-grade Net Revenue Retention rate between 110% and 118%, driven by existing contractors adding new service vans, upgrading software tiers, and increasing payment processing volumes on Titan Pay.
How do payment processing interchange fees affect ServiceTitan's financial structure?
While pure software subscriptions boast 75%+ gross margins, payment processing carries direct card network interchange costs (Visa, Mastercard, Amex). As Titan Pay expands, total revenue surges while blended gross margin moderates toward 60%-65%.
Is ServiceTitan profitable or cash-flow positive?
As detailed in its financial filings, ServiceTitan focused primarily on top-line expansion, M&A integration, and R&D investment, prioritizing free cash flow breakeven and operating leverage improvements as it approached its public debut.
What are ServiceTitan's largest operational expenses?
The primary operating costs on ServiceTitan's income statement are Research & Development (engineering AI, mobile applications, and platform architecture) and Sales & Marketing (field sales teams, digital acquisition, and industry conferences).
How did acquisitions impact ServiceTitan's consolidated balance sheet?
Major acquisitions like Aspire Software ($440M) and FieldRoutes added substantial goodwill and intangible assets to the balance sheet, financed through a combination of equity and low-cost credit facilities.
What portion of equity is held by co-founders Ara Mahdessian and Vahe Kuzoyan?
Co-founders Ara Mahdessian and Vahe Kuzoyan retain significant multi-million-dollar equity stakes and voting control through dual-class common shares, aligning company leadership with long-term shareholder value.
How did macroeconomic interest rate hikes impact ServiceTitan's financial performance?
While high mortgage rates slowed new home sales, they increased demand for residential home repairs and HVAC replacements in aging existing homes, keeping contractor demand resilient despite macroeconomic headwinds.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "ServiceTitan Revenue & Financials." CorpDigest, https://corpdigest.com/company/service-titan/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>ServiceTitan reported $961M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/service-titan/financials" target="_blank" rel="noopener">CorpDigest — ServiceTitan financials</a></div>Related Financial Audits
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