ServiceTitan (TTAN) Operating Expenses (2023 - 2026)
ServiceTitan's (TTAN) quarterly Operating Expenses came in at $219.6 million in Q2 2026, up 10.92% year-over-year from $197.9 million in Q2 2025, and little changed quarter-over-quarter from $220.3 million in Q1 2026.
Analysis
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.
- In Q2 2026, Operating Expenses rose 10.92% year-over-year to $219.6 million; the TTM figure through Apr 2026 stood at $864.6 million (up 12.37% YoY), while the FY2026 annual figure was $842.9 million, up 15.33% from the prior year.
- Operating Expenses came in at $219.6 million for Q2 2026 at ServiceTitan, roughly flat from $220.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $238.0 million in Q1 2025 to a low of $138.9 million in Q4 2023.
- Average Operating Expenses over 4 years is $189.1 million, with a median of $197.9 million recorded in 2025.
- Year-over-year, Operating Expenses surged 60.51% in 2025 and decreased 7.44% in 2026.
- Over 4 years, Operating Expenses stood at $138.9 million in 2023, then climbed by 25.25% to $174.0 million in 2024, then climbed by 25.62% to $218.6 million in 2025, then rose 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 323.96 Mn |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | 542.90 Mn |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 248.13 Mn |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 295.47 Mn |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | 219.55 Mn |
Historic Data
Download Data
Historic 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 |