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.
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ServiceTitan, Inc. is a cloud-based software platform that provides end-to-end solutions for trades businesses, enabling contractors to manage their operations and enhance customer experiences. The company operates within the software industry, focusing on automating and streamlining processes for tradespeople.
In its fiscal third quarter of 2026, ServiceTitan reported significant financial growth, showcasing a 25% year-over-year increase in total revenue, reaching $249.2 million. The company also highlighted a 22% growth in gross transaction volume, indicating a robust expansion in its market presence.
Key financial metrics from the report include a non-GAAP income from operations of $21.5 million, a substantial improvement from $1.6 million in the previous year. The non-GAAP operating margin also rose to 8.6%. Additionally, ServiceTitan achieved a non-GAAP free cash flow of $37.7 million, reflecting a strong cash generation capability. Despite a GAAP loss from operations of $42.2 million, the company’s net cash provided by operating activities improved significantly to $43.8 million.
Looking ahead, ServiceTitan’s management remains optimistic about its growth trajectory, projecting total revenue between $244 million and $246 million for the fiscal fourth quarter of 2026. The company continues to leverage its competitive advantages to democratize automation in the trades, aiming for sustained expansion and innovation in the sector.