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Stock impact report

New ServiceTitan Research: 63% of Residential Services Businesses Are Experiencing Consistent Growth

ServiceTitan, Inc. - Class A (TTAN) 
Company Research Source: GlobeNewswire
LOS ANGELES, March 25, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today released its second annual Residential Services Report, providing valuable insights into the current state of the industry. The report, based on a study of over 1,000 residential service contractors across the US in HVAC, electrical, plumbing, roofing, and other sectors, indicates that the majority of the industry (63%) is thriving or experiencing consistent growth and is positioned for continued success. ServiceTitan users are more likely to report their businesses thriving compared to those using competing platforms, with, notably, no ServiceTitan users reporting their businesses as struggling. "Residential contractors benefit from an exceptionally resilient market. When critical home components break down, they often become a top priority in household budgets," said Chris Petros, General Manager of Residential Construction at ServiceTitan. "That said, Show less Read more
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