On September 9, ServiceTitan declined 20.27% overnight, trading at $65.04/share, with turnover of $2,995.48. The selloff was triggered by the company's fiscal second-quarter earnings release, which delivered a mixed picture — strong top- and bottom-line beats overshadowed by softer-than-expected third-quarter revenue guidance.

ServiceTitan reported fiscal Q2 adjusted EPS of $0.40, beating the consensus estimate of $0.35 by 14.3%, while revenue came in at $292.8 million versus the $285.9 million expected, representing 21% year-over-year growth. However, the company guided fiscal Q3 revenue to $285 million–$287 million, with a midpoint of $286 million falling short of the analyst consensus of $287.9 million. Full-year fiscal 2027 revenue guidance was narrowed to $1.139 billion–$1.144 billion, roughly in line with the prior range of $1.13 billion–$1.14 billion.

The market's sharp reaction reflects growing concerns over decelerating growth momentum, as Q2 revenue growth of 21% marked a notable slowdown from Q1's 25% pace. The company also announced the appointment of Rikus Pretorius as next Chief Revenue Officer, succeeding Ross Biestman, who will transition to an advisory role.

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