ServiceTitan Reports Robust Q3 2025 Financial Results

ServiceTitan, Inc. Class A ( (TTAN) ) has released its Q3 earnings. Here is a breakdown of the information ServiceTitan, Inc. Class A presented to its investors.

ServiceTitan, Inc. is a software platform specializing in providing cloud-based solutions for trades businesses, offering tools to manage and grow their operations effectively. The company reported a strong financial performance for the third quarter of fiscal 2025, with total revenue climbing 24% year-over-year to $199.3 million. While the company experienced a GAAP net loss of $46.5 million, it achieved a non-GAAP income from operations of $1.6 million, demonstrating improvements from the previous year. The company’s cash position remains robust, with $133.8 million in cash and cash equivalents.

Key financial highlights from the third quarter include a 26% year-over-year increase in platform revenue to $191.2 million and a Gross Transaction Volume of $17.8 billion, a 20% increase from the prior year. The company also saw significant early adoption of its new products, Sales Pro and Contact Center Pro. Despite a GAAP loss from operations, ServiceTitan managed to generate a positive non-GAAP income from operations and a positive free cash flow of $10.6 million.

The company continues to focus on expanding its customer base and enhancing product offerings. With net dollar retention exceeding 110%, ServiceTitan’s customer loyalty and satisfaction appear strong, supported by the integration of new technologies and services tailored to meet evolving market demands.

ServiceTitan’s management remains optimistic about the future, projecting total revenue between $199.0 million and $201.0 million for the upcoming fourth quarter. The company expects its non-GAAP income from operations to range from $3.0 million to $4.0 million, indicating continued resilience and strategic growth in the trades software sector.