ServiceTitan Report Finds 74% of Residential Contractors See AI as Key to Efficiency as Industry Shifts Toward Execution-Led Growth
ServiceTitan, Inc. - Class A (TTAN)
Company Research
Source: GlobeNewswire
LOS ANGELES, April 07, 2026 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today released its 2026 Residential State of the Trades Report, a survey of 1,000 residential contractors. The report finds that 74% of contractors view AI as an efficiency engine, signaling a major shift toward technology-driven operations. However, only about 25% of contractors are currently using AI, highlighting a gap between interest and adoption. Early adopters are already seeing measurable results, including 48% reporting increased productivity and 45% reporting time savings. "The winning contractors this year won't be the ones with the longest list of potential customers,” said Amer Mkhalalati, SVP and GM of Residential at ServiceTitan. “They’ll be the ones who ensure every technician, every hour on the clock, and every conversation with a client actually moves the needle and boosts the bottom line." AI Momentum Builds as Early Results EmergeAI adoptio
Show less
Read more
Impact Snapshot
Event Time:
TTAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTAN alerts
High impacting ServiceTitan, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
TTAN
News
- Landscape Workshop Scales Multi-State Operations with Aspire SoftwareGlobeNewswire
- ServiceTitan (TTAN) was given a new $100.00 price target by Piper Sandler.MarketBeat
- New Research Reveals Busy Is Not the Same as Profitable for Commercial Landscaping Contractors in 2026GlobeNewswire
- ServiceTitan (TTAN) Reports FY25 Revenue of $771.9M, Up 26% Year-over-Year [Yahoo! Finance]Yahoo! Finance
- Best Choice Roofing Surpasses One Billion Shingles Installed, Accelerates National Growth with ServiceTitanGlobeNewswire
TTAN
Earnings
- 3/12/26 - Beat
TTAN
Sec Filings
- 4/13/26 - Form 4
- 3/27/26 - Form SCHEDULE
- 3/25/26 - Form S-8
- TTAN's page on the SEC website