ServiceTitan posts strong Q2 results, shares rise 5% afterhours

Published 04/09/2025, 21:26

Investing.com -- ServiceTitan reported a jump of 25% in second-quarter revenue to be at $242.1 million as growth in its platform business lifted results.

The software provider to contractors posted a profit of $0.33 per share. GAAP net loss narrowed to $32.2 million from $35.7 million.

Shares of the company were up 5% in extended trading.

Gross transaction volume rose 19% to $22.9 billion, while non-GAAP operating income more than doubled to $29.2 million. Free cash flow came in at $34.3 million, up from $18.7 million a year earlier.

For the current quarter, the company expects revenue of $237 million to $239 million, with non-GAAP operating income of $14 million to $15 million. Full-year revenue is forecast between $935 million and $940 million.

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