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ServiceTitan, Inc. TTAN Contract Assets

Contract Assets at other companies

Guidewire Software logo
Guidewire SoftwareGWRE
$224.77M+34.7%
Henry (Jack) & Associates logo
Henry (Jack) & AssociatesJKHY

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$6.13B-50.1%
Enterprise value$5.76B-52.3%
P/S-9.0×

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:ContractWithCustomerAssetNetCurrent.

The official record: ServiceTitan, Inc.’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ServiceTitan, Inc.'s contract assets?
ServiceTitan, Inc. (TTAN) reported contract assets of $64.55M in Q1 2026.
How has ServiceTitan, Inc.'s contract assets changed year-over-year?
ServiceTitan, Inc.'s contract assets increased by 36.6% year-over-year, from $47.27M to $64.55M.
What is the long-term trend for ServiceTitan, Inc.'s contract assets?
Over 2 years (2024 to 2026), ServiceTitan, Inc.'s contract assets has grown at a 21.2% compound annual growth rate (CAGR), from $39.33M to $57.78M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.