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ServiceTitan, Inc. TTAN Reduction In Right Of Use Asset And Lease Liability Due To Lease Modifications

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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:ReductionInRightOfUseAssetAndLeaseLiabilityDueToLeaseModifications.

The official record: ServiceTitan, Inc.’s 10-K, filed March 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ServiceTitan, Inc.'s reduction in right of use asset and lease liability due to lease modifications?
ServiceTitan, Inc. (TTAN) reported reduction in right of use asset and lease liability due to lease modifications of $121.5K in Q4 2025.
How has ServiceTitan, Inc.'s reduction in right of use asset and lease liability due to lease modifications changed year-over-year?
ServiceTitan, Inc.'s reduction in right of use asset and lease liability due to lease modifications decreased by 54.0% year-over-year, from $264.25K to $121.5K.
What does reduction in right of use asset and lease liability due to lease modifications mean?
This metric captures the decrease in both the right-of-use asset and the corresponding lease liability resulting from modifications to existing lease agreements. It provides insight into the company's ability to optimize its real estate or equipment footprint in response to changing operational needs. A reduction often indicates a strategic downsizing or a renegotiation of terms to improve cost efficiency.