ServiceTitan Earnings Call Transcripts
Fiscal Year 2026
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Annualized revenue run rate surpassed $1B, with FY26 revenue up 24% and strong margin expansion. AI-powered Max platform showed early customer success, and FY27 guidance targets $1.11–$1.12B revenue with increased AI investment.
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Q3 2026 saw 25% revenue growth, record free cash flow, and strong adoption of AI-driven pro products. Commercial and residential segments both contributed, with guidance for continued growth and margin expansion into FY27.
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Q2 FY26 saw 25% revenue growth, record operating margins, and strong free cash flow, led by commercial and Pro Product adoption. Guidance for FY26 was raised, with new partnerships and automation milestones driving future growth.
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Q1 FY2026 saw 27% revenue growth, record operating margins, and strong expansion in enterprise, commercial, and pro product segments. Guidance for FY2026 remains robust, with prudent consideration of seasonality and macro factors.
Fiscal Year 2025
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AI-powered automation and vertical-specific workflows are driving growth across enterprise, SMB, and private equity-backed customers. New product launches, including Atlas AI and integrated CRM, target operational efficiency and expansion into commercial, construction, and exteriors markets. AI-driven innovation and deep market specialization underpin a clear path to durable growth.
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Revenue grew 26% to $772M in FY25, with Q4 up 29% year-over-year and first-time positive free cash flow. FY26 guidance targets up to $905M revenue and $53M operating income, with strong growth in core, commercial, and roofing segments.
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Q3 revenue grew 24% year-over-year to $199.3M, with strong subscription and usage growth, and net dollar retention above 110%. Guidance calls for continued 24% revenue growth in Q4 and FY25, with a focus on expanding Pro products and commercial segment maturity.