ServiceTitan, Inc.TTAN
NasdaqGS•Technology•Software - Application
ServiceTitan, Inc. provides an end-to-end cloud-based software platform in the United States, Armenia, and Canada. Its platform connects and manages a range of business workflows, such as advertising, job scheduling and management, dispatching, generating estimates and invoices, payment processing and others. The company offers ServiceTitan, a platform for contractors; FieldRoutes, pest control software; and Aspire, a business management software that offers real-time reports, precise data, accurate job costing for the landscape and clean industries. In addition, the company offers FinTech products that include payment processing and third-party financing solutions. It serves HVAC, plumbing, electrical, garage door, chimney sweep, roofing, irrigation, water treatment, septic, painting, pool service, landscape, lawn care, pest control, air duct cleaning, commercial food equipment, audio visual, alarm, appliance repair, residential remodeling, locksmith, refrigeration, handyman, gutter, siding, dock and door, fire and life safety industries. The company was formerly known as Linxlogic, Inc. and changed its name to ServiceTitan, Inc. in June 2014. The company was incorporated in 2007 and is based in Glendale, California.
ServiceTitan, Inc. (TTAN) reported trailing twelve months revenue of $960.97M as of January 2026, a Infinity% increase year-over-year. Quarterly revenue reached $253.99M, reflecting continued top-line momentum.
ServiceTitan, Inc. reported a TTM net loss of $159.85M, with quarterly EBITDA of $20.57M. The operating margin expanded from -32.5% to -16.8%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-16.8%) and net margin (-16.4%) indicates tight cost control with minimal non-operating drag. Net margin has improved from -33.6% a year ago, signaling stronger bottom-line efficiency.
TTAN trades at a P/S of 7.7x. The price-to-book ratio of 4.8x reflects a moderate premium to book value.
The company generated $39.88M in free cash flow over the trailing twelve months, a 176.4% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $1.75B in total assets with no in long-term debt against $1.53B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 6 quarters of fundamental data
Operating margins are under pressure, averaging -20.9%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
5 of the last 6 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 6 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg -0.5x) — earnings may be inflated by non-cash items or aggressive accounting.
D/E ratio is 0.1 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 34.2% — significant dilution, likely from stock compensation or capital raises.