ServiceTitan announced a partnership with SPS PoolCare, the nation’s largest residential swimming‑pool services platform, to standardize its 30‑plus branch locations across Texas, Florida, Arizona, Nevada, and Georgia on the ServiceTitan cloud platform. The agreement positions ServiceTitan as the technology backbone for a customer that employs more than 1,000 staff and is on track to perform over two million weekly recurring pool services in 2026.
SPS PoolCare, founded in 2021 and backed by Storr Group, has grown rapidly through acquisitions and is ranked #1 on the Pool and Spa News Top 50 Service list. The company’s operations span five Sun Belt states and its workforce exceeds 1,000 employees, underscoring the scale of the enterprise client that ServiceTitan will support.
ServiceTitan’s platform delivers enterprise visibility, route optimization, and integrated project management—capabilities that enable SPS to unify operations, accelerate its high‑velocity acquisition strategy, and scale its platform across multiple locations. The partnership also demonstrates ServiceTitan’s ability to support large, multi‑location businesses in a highly fragmented industry, reinforcing its strategy of targeting verticals with significant addressable markets such as the $360 billion commercial GTV and the growing roofing sector.
On March 12, 2026, ServiceTitan reported Q4 FY2026 results that showed revenue of $254 million, up 21% year‑over‑year, and an adjusted EPS of $0.27, beating the consensus estimate of $0.18. The company also announced full‑year revenue of $961 million, up 24% YoY, and an annualized revenue run rate that surpassed $1 billion. Gross transaction volume reached $19.8 billion, up 16% YoY, while non‑GAAP operating income remained positive and EBITDA margins improved from 18% to 30% thanks to AI integration. Despite these gains, investors focused on growth deceleration, persistent GAAP losses, insider selling, and analyst price‑cutting, which tempered the market’s reaction to the earnings release.
The partnership with SPS PoolCare comes at a time when ServiceTitan’s enterprise footprint is expanding, with recent wins including Vertex and Southern Home Services. Management emphasized the strategic fit: "Our vision and mission from the beginning have been simple: to inflect our customers' revenue and margins by automating their operations," said CEO Ara Mahdessian. President Vahe Kuzoyan added, "In FY27, we're planning to continue executing on our multi‑year growth opportunities, to bring the Agentic Operating System for the trades to life, and to make a step‑function change in the velocity at which we execute." SPS executives also highlighted the benefits: "Standardizing on ServiceTitan gives us the operational visibility, integration speed, and performance discipline required to scale responsibly and create long‑term value," said Lance Martin, CEO of SPS PoolCare. "From inception, our thesis at Storr Group has been to build the pool industry's first scaled category‑defining operating platform. Technology is not ancillary to that vision – it is foundational. ServiceTitan provides the infrastructure necessary to integrate acquisitions efficiently, drive operational consistency, and support disciplined expansion," added Fraser Ramseyer, CEO of Storr Group.
The deal strengthens ServiceTitan’s competitive position against other field‑service management providers by showcasing its ability to win and integrate large enterprise clients. It also diversifies the company’s vertical exposure beyond HVAC, plumbing, and electrical, positioning it to capture growth in the pool services market and other high‑margin trades. While investor sentiment remains cautious due to recent earnings concerns, the partnership signals continued traction in ServiceTitan’s enterprise expansion strategy and adds a substantial new recurring revenue stream.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.