ServiceTitan (TTAN) Operating Expenses (2023 - 2026)
ServiceTitan recorded quarterly Operating Expenses of $220.3 million in Q1 2026, up 0.8% quarter-over-quarter from $218.6 million in Q4 2025, and down 7.44% year-over-year from $238.0 million in Q1 2025.
ServiceTitan's Operating Expenses history runs 4 years deep, the most recent figure standing at $220.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 7.44% year-over-year to $220.3 million; the TTM figure through Jan 2026 stood at $842.9 million (up 15.33% YoY), while the FY2026 annual figure was $842.9 million, up 15.33% from the prior year.
- Operating Expenses came in at $220.3 million for Q1 2026 at ServiceTitan, up from $218.6 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.
- A 4-year average of $186.1 million and a median of $186.0 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 60.51% in 2025 and decreased 7.44% in 2026, its largest moves.
- ServiceTitan's 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 0.8% to $220.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $220.3 million, $218.6 million, and $206.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | ServiceTitan | 5.84 Bn | 5.41 Bn | 177.65 Mn | 220.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |