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ServiceTitan, Inc. TTAN Acquired in-process research and development

Acquired in-process research and development at other companies

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ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$684.75K

Other financials

Income statement

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Revenue$268.8M+24.6%
Gross profit$193.8M+30.6%
Operating income-$25.8M+48.0%
Net income-$22.8M+50.8%
EPS (diluted)-$0.24+52.9%

Balance sheet

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Cash & equivalents$421.5M+0.3%
Total debt$51.0M-68.4%
Total equity$1.6B+7.3%
Total assets$1.7B+1.2%

Cash flow

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Operating cash flow-$1.6M+89.3%
CapEx$596.0K-53.9%
Free cash flow-$2.2M+86.4%

Valuation

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Market cap$8.17B-20.3%
Enterprise value$7.79B-21.5%
P/S8.1×-3.8×

Profitability

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Gross margin70.9%+4.4pp
Operating margin-14.3%-4.7pp
Net margin-13.4%-4.6pp
FCF margin11.7%+7.2pp

Returns & leverage

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Return on equity-9%
Debt / equity-0.1×
Current ratio4.4×-0.4×

Where this comes from

Reported directly by ServiceTitan, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfIntangibleAssets.

The source filing: ServiceTitan, Inc.’s 10-K, filed March 25, 2026.

Filed
Mar 25, 2026, 12:00 AM EDT
Fiscal year
FY2026
Accession
0001638826-26-000028
Line itemFiscal / 2026Fiscal / 2025Fiscal / 2024
Cash flows provided by (used in) investing activities
Capitalized internal-use software(19,877)(17,799)(15,743)
Purchase of property and equipment(4,704)(3,800)(28,354)
Cash received for sale of intangible assets2,739
Deposits for property and equipment(477)(518)
Repayment of loan to employee1,529
Acquisition of business, net of cash acquired(19,781)(1,184)
Net cash used in investing activities(44,839)(22,783)(40,347)

Item 8. Financial Statements and Supplementary Data

FAQ

What is ServiceTitan, Inc.'s acquired in-process research and development?
ServiceTitan, Inc. (TTAN) reported acquired in-process research and development of $684.75K in Q4 2023.
What does acquired in-process research and development mean?
This represents the cash paid for the acquisition of in-process research and development projects from other entities. It highlights the company's strategy of buying external innovation to accelerate product development cycles. Investors use this to evaluate the effectiveness of inorganic growth strategies in the R&D pipeline.

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