ServiceTitan (TTAN) Operating Expenses (2023 - 2026)
ServiceTitan (TTAN) recorded quarterly Operating Expenses of $219.6 million in Q2 2026, little changed quarter-over-quarter from $220.3 million in Q1 2026, and up 10.92% year-on-year from $197.9 million in Q2 2025.
ServiceTitan (TTAN) Operating Expenses (2023 - 2026) Analysis & Trends
ServiceTitan has disclosed Operating Expenses across 4 years of filings, most recently posting $219.6 million for Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 10.92% year-over-year to $219.6 million; the trailing twelve-month figure through Apr 2026 stood at $864.6 million (up 12.37% YoY), and the FY2026 full-year result was $842.9 million, up 15.33% from the prior year.
- Operating Expenses was $219.6 million for Q2 2026 at ServiceTitan, roughly flat from $220.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $238.0 million in Q1 2025 and troughed at $138.9 million in Q4 2023.
- The 4-year median for Operating Expenses is $197.9 million (2025), against an average of $189.1 million.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 60.51% in 2025, then fell 7.44% in 2026.
- Year by year, Operating Expenses stood at $138.9 million in 2023, then grew by 25.25% to $174.0 million in 2024, then grew by 25.62% to $218.6 million in 2025, then gained by 0.45% to $219.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $219.6 million in Q2 2026, $220.3 million in Q1 2026, and $218.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | ServiceTitan | 6.35 Bn | 5.93 Bn | 193.79 Mn | 219.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 219.55 Mn |
| Jan 31, 2026 | 220.33 Mn |
| Oct 31, 2025 | 218.57 Mn |
| Jul 31, 2025 | 206.12 Mn |
| Apr 30, 2025 | 197.93 Mn |
| Jan 31, 2025 | 238.04 Mn |
| Oct 31, 2024 | 173.99 Mn |
| Jul 31, 2024 | 159.44 Mn |
| Apr 30, 2024 | 159.41 Mn |
| Jan 31, 2024 | 148.30 Mn |
| Oct 31, 2023 | 138.91 Mn |