ServiceTitan Q4 revenue beats, helped byhigher platform sales growth

ServiceTitan

12/03/2026 20:19

Overview

US trades software platform's fiscal Q4 revenue rose 21% yr/yr, beating analyst expectations

Non-GAAP net income and EPS positive, but company reported a GAAP net loss for the quarter

Company saw strong growth in gross transaction volume and active customers

Outlook

ServiceTitan expects Q1 2027 revenue between $255 mln and $257 mln

Company sees full-year 2027 revenue between $1.11 bln and $1.12 bln

ServiceTitan plans to double Max capacity this quarter

Result Drivers

PLATFORM REVENUE GROWTH - Co said Q4 revenue growth was driven by increased adoption of its software platform among trades businesses

GROSS TRANSACTION VOLUME - Co cited higher gross transaction volume processed through its platform as a key driver

PRODUCT INNOVATION - Co pointed to ongoing investment in its Agentic Operating System and expansion of 'Max' as supporting future growth

Company press release: ID:nGNX9Bwq0r

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$254 mln
$245.48 mln (17 Analysts)
Q4 Net Income
-$41.74 mln
Q4 Basic EPS
-$0.44
Q4 Gross Profit
$177.65 mln
Q4 Income from Operations
-$42.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for ServiceTitan Inc is $130.00, about 65.6% above its March 11 closing price of $78.49

The stock recently traded at 71 times the next 12-month earnings vs. a P/E of 95 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)