ServiceTitan, Inc. (TTAN)
ServiceTitan, Inc. specializes in providing solutions for managing various field service operations. These activities are essential for the installation, ongoing maintenance, and repair of critical infrastructure and systems within both residential dwellings and commercial establishments. The company was established by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008, and its main office is situated in Glendale, California.
Sector: Services-Prepackaged Software
Industry: Software - Application
ServiceTitan, Inc.
NASDAQ:TTANTechnology · Software - Application
+5.52%$87.76
AH$87.76+0.00%vs close
Mkt Cap$8.47B
Float61.81M
O/S96.47M
Vol
$ Vol
RVOL
Inst Own93.5%
SI13.6%
Dilution
Financials Summary
Revenue$960.97M
Net Income-$159.85M
Total Assets$1.75B
Free Cash Flow$85.07M
Debt & Equity
Debt 3%
Equity 97%
Total Debt$51.37M
Total Equity$1.53B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TTAN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.75B
Liabilities$219.82M
Accounts Receivable$113.75M
Accounts Payable$10.05M
Inventory$0
PP&E (Net)$57.53M
Goodwill$860.25M
Intangible Assets$215.99M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
| Revenue | $960.97M | $771.88M | $614.34M | $467.73M |
| YoY Growth | 24.5% | 25.6% | 31.3% | - |
| Cost of Revenue | $287.23M | $270.95M | $237.71M | $201.71M |
| Gross Profit | $673.74M | $500.93M | $376.63M | $266.02M |
| Gross Margin | 70.1% | 64.9% | 61.3% | 56.9% |
| Research and Development | $302.59M | $263.05M | $203.53M | $158.87M |
| Selling, General, and Administrative | $512.25M | $420.39M | $327.53M | $306.25M |
| Other | $21.74M | $47.44M | $28.43M | $22.76M |
| Total Operating Expenses | $836.58M | $730.88M | $559.49M | $487.88M |
| Operating Income (EBIT) | -$162.84M | -$229.95M | -$182.86M | -$221.86M |
| Operating Margin | -16.9% | -29.8% | -29.8% | -47.4% |
| Interest Expense | $7.23M | $15.52M | $16.44M | $54.54M |
| Interest Income | $19.28M | $8.77M | $7.07M | $1.62M |
| Other Income (Expense) | $5.72M | -$6.82M | -$8.14M | -$60.72M |
| Income Before Tax (EBT) | -$157.11M | -$236.78M | -$191.01M | -$282.58M |
| Income Tax Expense | $2.74M | $2.32M | $4.14M | -$13.06M |
| Net Income | -$159.85M | -$239.09M | -$195.15M | -$269.52M |
| Net Income Margin | -16.6% | -31.0% | -31.8% | -57.6% |
| Supplementary Data | ||||
| EPS | -1.73 | -8.53 | -2.93 | -3.44 |
| Diluted EPS | -1.73 | -8.53 | -2.93 | -3.44 |
| Weighted Average OS | 94.11M | 42.15M | 82.36M | 82.36M |
| EBITDA | -$66.69M | -$141.04M | -$93.58M | -$170.38M |
| EBITDA Margin | -6.9% | -18.3% | -15.2% | -36.4% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $428.77M | $441.8M | $146.71M | $202.49M |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $428.77M | $441.8M | $146.71M | $202.49M |
| Accounts Receivable | $113.75M | $90.39M | $67.38M | $50.4M |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $22.44M | $15.78M | $12.49M | $9.97M |
| Total Current Assets | $590.86M | $572.77M | $249.23M | $281.22M |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $57.53M | $80.69M | $140.44M | $143.23M |
| Goodwill | $860.25M | $845.84M | $830.87M | $830.87M |
| Intangible Assets | $215.99M | $250.73M | $280.65M | $325.37M |
| Long-Term Investments | $0 | $333K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $20.43M | $18.29M | $16.48M | $17.79M |
| Total Long-Term Assets | $1.15B | $1.2B | $1.27B | $1.32B |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $1.75B | $1.77B | $1.52B | $1.6B |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $10.05M | $6.03M | $5.82M | $8.32M |
| Short-Term Debt | $0 | $1.07M | $1.8M | $1.35M |
| Current Income Tax Payable | $0 | $17.14M | $19.7M | $20.05M |
| Current Unearned Revenue | $18.68M | $16.8M | $11.16M | $10.79M |
| Other Current Liabilities | $66.72M | $63.55M | $36.85M | $42.99M |
| Total Current Liabilities | $169.45M | $153.12M | $125.27M | $136.39M |
| Long-Term Liabilities | ||||
| Long-Term Debt | $0 | $104.01M | $174.58M | $176.24M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $13.05M | $9.61M | $7.68M | $6.11M |
| Total Long-Term Liabilities | $50.37M | $160.95M | $240.84M | $249.46M |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $219.82M | $314.06M | $366.11M | $385.85M |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $0 | $1.63B | $1.55B |
| Common Stock | $95K | $90K | $34K | $33K |
| Retained Earnings | -$1.27B | -$1.11B | -$866.64M | -$671.49M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $2.79B | $2.56B | $2.02B | $1.89B |
| Total Equity | $1.53B | $1.45B | $1.15B | $1.21B |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.75B | $1.77B | $1.52B | $1.6B |
| Supplementary Data | ||||
| Total Debt | $51.37M | $165.41M | $245.96M | $253.12M |
| Net Debt | -$377.39M | -$276.39M | $99.25M | $50.63M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
| Operating Activities | ||||
| Net Income | -$159.85M | -$239.09M | -$195.15M | -$269.52M |
| Depreciation & Amortization | $83.19M | $80.22M | $80.99M | $57.65M |
| Deferred Income Tax | $1.69M | $1.18M | $1.83M | -$14.51M |
| Stock-Based Compensation | $197.12M | $163.73M | $102.45M | $64.15M |
| Changes in Working Capital: | ||||
| Accounts Receivable | -$32.68M | -$40.06M | -$19.63M | -$14.63M |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $12.1M | -$8.98M | -$2.77M | $6.88M |
| Other Working Capital | -$34.32M | $19.01M | -$30.33M | $14.97M |
| Total Working Capital Change | -$54.9M | -$30.03M | -$52.73M | $7.22M |
| Other Non-Cash Items | $42.88M | $61.05M | $22.9M | $34.27M |
| Net Cash from Operating | $110.13M | $37.05M | -$39.7M | -$120.75M |
| Investing Activities | ||||
| Capital Expenditures | -$5.18M | -$3.8M | -$28.87M | -$76.49M |
| Acquisitions | -$19.78M | -$1.18M | $0 | -$589.73M |
| Purchases of Investments | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$19.88M | -$17.8M | -$11.47M | -$14.96M |
| Net Cash from Investing | -$44.84M | -$22.78M | -$40.35M | -$681.18M |
| Financing Activities | ||||
| Debt Repaid | $107.03M | $71.62M | $1.35M | -$180M |
| Common Stock Issuance | $28.84M | $682.95M | $0 | $0 |
| Common Stock Repurchases | $0 | -$18.96M | -$16.51M | -$3.38M |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$599K | -$2.1M | $8.13M | -$11.55M |
| Net Cash from Financing | -$78.79M | $279.71M | $24.27M | $889.03M |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$13.49M | $293.98M | -$55.78M | $87.1M |
| Supplementary Data | ||||
| Operating Cash Flow | $110.13M | $37.05M | -$39.7M | -$120.75M |
| Capital Expenditure | -$25.06M | -$21.6M | -$44.62M | -$91.97M |
| Free Cash Flow | $85.07M | $15.45M | -$84.32M | -$212.72M |
| Cash at Beginning | $442.85M | $148.86M | $204.64M | $117.54M |
| Cash at End | $429.35M | $442.85M | $148.86M | $204.64M |