ServiceTitan (TTAN) Operating Leases (2024 - 2026)
ServiceTitan's (TTAN) quarterly Operating Leases came in at $37.4 million in Q2 2026, down 15.56% year-over-year from $44.3 million in Q2 2025, and little changed quarter-over-quarter from $37.3 million in Q1 2026.
Analysis
ServiceTitan (TTAN) Operating Leases (2024 - 2026) Analysis & Trends
ServiceTitan has disclosed Operating Leases across 3 years of filings, most recently posting $37.4 million for Q2 2026.
- In Q2 2026, Operating Leases fell 15.56% year-over-year to $37.4 million; the TTM figure through Apr 2026 stood at $37.4 million (down 15.56% YoY), while the FY2026 annual figure was $37.3 million, down 21.14% from the prior year.
- Operating Leases came in at $37.4 million for Q2 2026 at ServiceTitan, roughly flat from $37.3 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $58.6 million in Q1 2024 to a low of $37.3 million in Q1 2026.
- Average Operating Leases over 3 years is $44.5 million, with a median of $42.6 million recorded in 2025.
- The largest YoY upside for Operating Leases was 15.56% in 2026 against a maximum downside of 21.14% in 2026.
- Over 3 years, Operating Leases stood at $50.2 million in 2024, then dropped by 19.85% to $40.2 million in 2025, then declined by 7.03% to $37.4 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $37.4 million in Q2 2026, $37.3 million in Q1 2026, and $40.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 37.40 Mn |
| Jan 31, 2026 | 37.32 Mn |
| Oct 31, 2025 | 40.23 Mn |
| Jul 31, 2025 | 40.82 Mn |
| Apr 30, 2025 | 44.30 Mn |
| Jan 31, 2025 | 47.33 Mn |
| Oct 31, 2024 | 50.20 Mn |
| Jan 31, 2024 | 58.58 Mn |