The Anatomy of a SaaS Meltdown: Why ServiceTitan’s 30% Plunge Tells a Cautionary Tale for the Entire Software Sector

Executive Overview In the high-stakes arena of vertical Software-as-a-Service (SaaS), few names have commanded the respect and valuation multiples of ServiceTitan. Often hailed as the undisputed leader of "Vertical SaaS for the Trades," the company powers the operational backbones of millions of contractors, plumbers, and HVAC technicians. On paper, ServiceTitan’s fiscal second-quarter earnings report for…

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