Why Did ServiceTitan Plunge 10.96% Despite Q1 Revenue Surge?

On June 6, 2025, ServiceTitan's stock experienced a significant drop of 10.96% in pre-market trading, reflecting investor concerns and market dynamics.

ServiceTitan Inc. reported robust revenue growth and improved margins for the first quarter of 2026, despite navigating economic uncertainties and expanding into new markets. The company's platform revenue saw a notable 27% increase, highlighting consistent growth and strong retention rates.

In addition to revenue growth, ServiceTitan's operating income jumped by 391%, reaching $17.7 billion in Gross Transaction Value (GTV). The company's platform revenue reached $208 million, further solidifying its financial performance.

ServiceTitan's strong financial performance in Q1 2026 was driven by significant growth, with a 27% revenue increase and record-high operating margins. The company's strategic partnerships and new product launches have bolstered its market position and operational efficiency.