Stock Track | ServiceTitan Soars 13.02% on Strong Q1 Earnings Beat and Raised Full-Year Guidance

Stock Track
06/05

ServiceTitan's stock surged 13.02% during post-market trading, driven by the company's release of fiscal first-quarter 2027 financial results that significantly exceeded analyst expectations and an upward revision to its full-year revenue outlook.

The software platform reported non-GAAP earnings per share of $0.37, beating the consensus estimate of $0.27, while revenue reached $268.8 million, a 25% year-over-year increase that surpassed the $256.7 million expectation. The strong performance was attributed to robust expansion of its Max product, with the company more than doubling the number of locations on the platform during the quarter and expecting to double it again in the second quarter.

Adding to investor optimism, ServiceTitan raised its fiscal 2027 revenue guidance to a range of $1.13 billion to $1.14 billion, up from its previous forecast of $1.11 billion to $1.12 billion, reflecting confidence in continued business momentum and customer adoption of its platform solutions.

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