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ServiceTitan, Inc. TTAN Noncash Operating Lease Expense

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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%

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 ttan:NoncashOperatingLeaseExpense.

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 noncash operating lease expense?
ServiceTitan, Inc. (TTAN) reported noncash operating lease expense of $1.51M in Q1 2026.
How has ServiceTitan, Inc.'s noncash operating lease expense changed year-over-year?
ServiceTitan, Inc.'s noncash operating lease expense increased by 11.8% year-over-year, from $1.35M to $1.51M.
What does noncash operating lease expense mean?
This captures the non-cash portion of operating lease expenses recognized under accounting standards for right-of-use assets. It represents the systematic reduction of the lease liability and the corresponding amortization of the right-of-use asset. Tracking this helps analysts distinguish between cash-based lease payments and accounting-driven non-cash charges.