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ServiceTitan, Inc. TTAN Payments to Develop Software

Payments to Develop Software at other companies

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$5.75M+50.6%
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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/S6×-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 / equity0×-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:PaymentsToDevelopSoftware.

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 payments to develop software?
ServiceTitan, Inc. (TTAN) reported payments to develop software of $6.66M in Q1 2026.
How has ServiceTitan, Inc.'s payments to develop software changed year-over-year?
ServiceTitan, Inc.'s payments to develop software increased by 3.0% year-over-year, from $6.47M to $6.66M.
What is the long-term trend for ServiceTitan, Inc.'s payments to develop software?
Over 2 years (2023 to 2026), ServiceTitan, Inc.'s payments to develop software has grown at a 13.3% compound annual growth rate (CAGR), from $15.48M to $19.88M.
What does payments to develop software mean?
This captures the cash outflows dedicated to the internal development of software assets that are capitalized rather than expensed. It reflects the company's investment in long-term product innovation and platform scalability. High levels of this metric indicate a strong commitment to maintaining a competitive technological advantage.