"One of the things that drew me to ServiceTitan is the huge opportunity for its software. The trades industry is enormous, with businesses in the U.S. generate an estimated $1.5 trillion in annual revenue. ServiceTitan currently offers software that could serve companies generating about $650 billion in annual revenue. However, its current collection of customers only produces about $75 billion in revenue."
"The company currently generates less than $900 million in annual revenue. With a fully deployed platform, it estimates that revenue from existing customers could hit $1.5 billion. Looking ahead, it sees a $13 billion opportunity with its current platform, and more than $30 billion in annual revenue potential as it expands into new trades and markets. The company is actively capitalizing on this opportunity. Revenue grew 25% in its fiscal second quarter of 2026 to $242 million."
ServiceTitan provides cloud-based software to contractors in HVAC, plumbing, and electrical trades, targeting a U.S. trades industry that generates about $1.5 trillion annually. The company’s software could serve businesses generating roughly $650 billion, while current customers produce about $75 billion, indicating substantial room for expansion. Annual revenue is under $900 million; full deployment could raise existing-customer revenue to $1.5 billion, with a $13 billion opportunity from the current platform and over $30 billion potential as services and markets expand. The company reported 25% revenue growth in fiscal Q2 2026 to $242 million. Klarna Group is also identified as an IPO with growth potential.
Read at The Motley Fool
Unable to calculate read time
Collection
[
|
...
]