ServiceTitan (TTAN) Operating Margin (2023 - 2026)
ServiceTitan (TTAN) recorded quarterly Operating Margin of 9.58% in Q2 2026, down 126.02% quarter-over-quarter from 36.83% in Q1 2026, and up 1338.0% year-on-year from 0.67% in Q2 2025.
ServiceTitan (TTAN) Operating Margin (2023 - 2026) Analysis & Trends
ServiceTitan has disclosed Operating Margin across 4 years of filings, most recently posting 9.58% for Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 1338.0% year-over-year to 9.58%; the trailing twelve-month figure through Apr 2026 stood at 0.91% (up 470.0% YoY), and the FY2026 full-year result was 3.43%, up 301.0% from the prior year.
- Operating Margin was 9.58% for Q2 2026 at ServiceTitan, down from 36.83% in the prior quarter.
- Over five years, Operating Margin peaked at 38.4% in Q1 2025 and troughed at 31.37% in Q2 2024.
- The 4-year median for Operating Margin is 16.95% (2025), against an average of 10.12%.
- The sharpest annual moves came in 2025 and 2026: Operating Margin soared 6813 bps in 2025, then plunged 157 bps in 2026.
- Year by year, Operating Margin stood at 22.58% in 2023, then increased by 2 bps to 22.1% in 2024, then gained by 23 bps to 16.95% in 2025, then soared by 43 bps to 9.58% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 9.58% in Q2 2026, 36.83% in Q1 2026, and 16.95% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.05% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 13.34% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | ServiceTitan | 6.35 Bn | 5.93 Bn | 193.79 Mn | -9.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -9.58% |
| Jan 31, 2026 | 36.83% |
| Oct 31, 2025 | -16.95% |
| Jul 31, 2025 | -14.36% |
| Apr 30, 2025 | -22.97% |
| Jan 31, 2025 | 38.40% |
| Oct 31, 2024 | -22.10% |
| Jul 31, 2024 | -16.90% |
| Apr 30, 2024 | -31.37% |
| Jan 31, 2024 | -29.73% |
| Oct 31, 2023 | -22.58% |