ServiceTitan (TTAN) Operating Expenses (2023 - 2026)
ServiceTitan (TTAN) posted Operating Expenses of $219.6 million for Q2 2026, little changed sequentially from $220.3 million in Q1 2026, and up 10.92% YoY from $197.9 million in Q2 2025.
ServiceTitan (TTAN) Operating Expenses (2023 - 2026) Analysis & Trends
ServiceTitan has reported Operating Expenses for 4 years, with the latest figure at $219.6 million in Q2 2026.
- Quarterly Operating Expenses rose 10.92% year-over-year to $219.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $864.6 million (up 12.37% YoY) and the FY2026 annual result came in at $842.9 million, up 15.33% from the prior year.
- Operating Expenses held at $219.6 million in Q2 2026 per TTAN's latest filing, 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.
- A 4-year average of $189.1 million and a median of $197.9 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 60.51% in 2025, then slipped 7.44% in 2026.
- Over 4 years, Operating Expenses stood at $138.9 million in 2023, then increased by 25.25% to $174.0 million in 2024, then increased by 25.62% to $218.6 million in 2025, then advanced by 0.45% to $219.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $219.6 million, $220.3 million, and $218.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | ServiceTitan | 7.48 Bn | 7.06 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 |