ServiceTitan (NASDAQ: TTAN) shares surged 8.71% in after-hours trading on Thursday following the release of the company's fiscal second quarter 2026 financial results, which significantly exceeded analyst expectations. The software platform provider for trades businesses also raised its full-year guidance and announced a strategic partnership with Roto-Rooter, North America's largest provider of plumbing and water cleanup services.
The company reported quarterly earnings of $0.33 per share on a non-GAAP basis, handily beating the analyst consensus estimate of $0.18. Revenue for the quarter came in at $242.1 million, surpassing the expected $229.51 million and representing a 25% year-over-year increase. These strong results demonstrated ServiceTitan's continued growth and market penetration in the trades industry.
Adding to investor enthusiasm, ServiceTitan raised its full-year revenue guidance to a range of $935 million to $940 million, up from the previous analyst consensus of $917.1 million. This upward revision suggests continued strong growth prospects for the company. The announced strategic partnership with Roto-Rooter aims to equip the plumbing giant's U.S. branches with ServiceTitan's technology, potentially opening up new revenue streams and operational efficiencies for both companies.