ServiceTitan (TTAN) Earnings: Revenue Up 25%, Net Loss Persists

ServiceTitan Inc. (TTAN) — Q3 2026 Results

ServiceTitan reported strong top-line growth and meaningful cash improvement, while continuing to record an operating loss and negative net income for the quarter.

Revenue: $249.2 million (up 25.0% year‑over‑year).

Gross profit: $176.3 million (up 35.7% year‑over‑year).

Cost of sales: $72.8 million (up 5.0% year‑over‑year).

Operating profit (loss): -$42.2 million (down 4.1% year‑over‑year).

Net income attributable to common shareholders: -$39.5 million (worse by 35.3% year‑over‑year).

Diluted EPS: -$0.42 (down 75.9% year‑over‑year).

Liquidity and cash flow highlights:

Cash from operating activities: $40.3 million (up 159.7% year‑over‑year), reflecting sharply improved operating cash generation.

Purchases of property, plant and equipment: -$0.9 million (change of -112.5% year‑over‑year).

Cash and cash equivalents on the balance sheet: $493.2 million (up 268.6% year‑over‑year).

Total liabilities: $311.7 million (down 16.6% year‑over‑year).

Against analyst expectations:

Revenue beat the consensus estimate of $243.3 million by about $5.9 million (roughly 2.4% above the estimate).

EPS missed the estimate of $0.16, with actual diluted EPS of -$0.42, a shortfall of about -$0.58 per share.

Overall, ServiceTitan (TTAN) showed durable revenue and gross margin expansion alongside a much stronger cash position, while profitability on the operating and net income lines remains negative for the quarter.

ServiceTitan Inc. Insider Trading Activity

ServiceTitan Inc. insiders have traded $TTAN stock on the open market 203 times in the past 6 months. Of those trades, 0 have been purchases and 203 have been sales.

Here’s a breakdown of recent trading of $TTAN stock by insiders over the last 6 months:

VENTURE PARTNERS VIII L.P. BESSEMER has made 0 purchases and 41 sales selling 1,913,776 shares for an estimated $212,169,137.
ARA MAHDESSIAN (Chief Executive Officer) has made 0 purchases and 42 sales selling 408,259 shares for an estimated $43,015,945.
VAHE KUZOYAN (President) has made 0 purchases and 36 sales selling 176,192 shares for an estimated $18,404,335.
WILLIAM J.G. GRIFFITH has made 0 purchases and 6 sales selling 90,917 shares for an estimated $10,000,103.
STRATEGIC PARTNERS V, L.P. ICONIQ has made 0 purchases and 6 sales selling 90,917 shares for an estimated $10,000,103.
DAVID SHERRY (Chief Financial Officer) has made 0 purchases and 41 sales selling 46,503 shares for an estimated $4,969,641.
BYRON B DEETER has made 0 purchases and 22 sales selling 31,187 shares for an estimated $3,511,656.
MICHELE O'CONNOR (Chief Accounting Officer) has made 0 purchases and 9 sales selling 6,919 shares for an estimated $784,238.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

ServiceTitan Inc. Hedge Fund Activity

We have seen 170 institutional investors add shares of ServiceTitan Inc. stock to their portfolio, and 147 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

TPG GP A, LLC removed 5,107,469 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $547,418,527
VANGUARD GROUP INC added 3,735,968 shares (+538.4%) to their portfolio in Q3 2025, for an estimated $376,697,653
ICONIQ CAPITAL, LLC removed 2,432,257 shares (-17.4%) from their portfolio in Q3 2025, for an estimated $245,244,473
DEER MANAGEMENT CO. LLC removed 1,851,014 shares (-22.7%) from their portfolio in Q3 2025, for an estimated $186,637,741
JPMORGAN CHASE & CO added 1,569,136 shares (+118.4%) to their portfolio in Q3 2025, for an estimated $158,215,982
TIGER GLOBAL MANAGEMENT LLC removed 1,301,398 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $139,483,837
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 909,131 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $97,440,660

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

ServiceTitan Inc. Congressional Stock Trading

Members of Congress have traded $TTAN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $TTAN stock by members of Congress over the last 6 months:

REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 06/11.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

ServiceTitan Inc. Analyst Ratings

Wall Street analysts have issued reports on $TTAN in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BMO Capital issued a "Outperform" rating on 11/20/2025
Piper Sandler issued a "Overweight" rating on 09/19/2025
Baird issued a "Outperform" rating on 09/05/2025
Wells Fargo issued a "Overweight" rating on 09/05/2025
Stifel issued a "Buy" rating on 09/05/2025

To track analyst ratings and price targets for ServiceTitan Inc., check out Quiver Quantitative's $TTAN forecast page.

ServiceTitan Inc. Price Targets

Multiple analysts have issued price targets for $TTAN recently. We have seen 11 analysts offer price targets for $TTAN in the last 6 months, with a median target of $140.0.

Here are some recent targets:

Daniel Jester from BMO Capital set a target price of $115.0 on 11/20/2025
Brent Bracelin from Piper Sandler set a target price of $155.0 on 09/19/2025
David Hynes from Canaccord Genuity set a target price of $140.0 on 09/19/2025
Parker Lane from Stifel set a target price of $145.0 on 09/19/2025
Michael Turrin from Wells Fargo set a target price of $140.0 on 09/19/2025
Tyler Radke from Citigroup set a target price of $123.0 on 09/09/2025
Josh Baer from Morgan Stanley set a target price of $118.0 on 09/05/2025