ServiceTitan, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | $961.0M | $771.9M | $614.3M | $467.7M |
| Cost of Revenue | $287.2M | $271.0M | $237.7M | $201.7M |
| Gross Profit | $673.7M | $500.9M | $376.6M | $266.0M |
| Gross Margin | 70.1% | 64.9% | 61.3% | 56.9% |
| Operating Expenses | ||||
| Research & Development | $302.6M | $263.1M | $203.5M | $158.9M |
| SG&A Expense | $249.5M | $214.5M | $136.0M | $132.2M |
| Operating Income | $-169.2M | $-230.0M | $-182.9M | $-221.9M |
| Operating Margin | -17.6% | -29.8% | -29.8% | -47.4% |
| Interest Expense | — | — | — | — |
| Pretax Income | $-157.1M | $-236.8M | $-191.0M | $-282.6M |
| Income Tax Expense | $2.7M | $2.3M | $4.1M | $-13.1M |
| Net Income | $-159.9M | $-239.1M | $-195.1M | $-269.5M |
| Net Margin | -16.6% | -31.0% | -31.8% | -57.6% |
| EPS (Basic) | $-1.73 | $-4.27 | $-3.62 | $-4.66 |
| EPS (Diluted) | $-1.73 | $-4.27 | $-3.62 | $-4.66 |
| Shares Outstanding (Basic) | 92.4M | 84.3M | 66.5M | 60.8M |
| Shares Outstanding (Diluted) | 92.4M | 84.3M | 66.5M | 60.8M |
| Dividends Per Share | — | — | — | — |