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ServiceTitan, Inc. TTAN Platform Revenue — Cost of Goods Sold

Other product segments

Professional Services And Other Revenue
$19.52M+13.1%

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$4M-23.1%

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:CostOfGoodsAndServicesSold.

The source filing: ServiceTitan, Inc.’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001638826-26-000047
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Professional services and other8,2607,710
Total revenue268,824215,692
Cost of revenue:
Platform55,50950,037
Professional services and other19,52417,259
Total cost of revenue75,03367,296
Gross profit193,791148,396
Operating expenses:

Item 1. Financial Statements.

FAQ

What is ServiceTitan, Inc.'s platform revenue — cost of goods sold?
ServiceTitan, Inc. (TTAN) reported platform revenue — cost of goods sold of $55.51M in Q1 2026.
How has ServiceTitan, Inc.'s platform revenue — cost of goods sold changed year-over-year?
ServiceTitan, Inc.'s platform revenue — cost of goods sold increased by 10.9% year-over-year, from $50.04M to $55.51M.
What is the long-term trend for ServiceTitan, Inc.'s platform revenue — cost of goods sold?
Over 2 years (2023 to 2026), ServiceTitan, Inc.'s platform revenue — cost of goods sold has grown at a 23.1% compound annual growth rate (CAGR), from $140.92M to $213.54M.
What does platform revenue — cost of goods sold mean?
This metric captures the direct costs associated with delivering the company's platform services, including hosting infrastructure, customer support, and third-party service integration fees. It is a critical measure of the operational efficiency and scalability of the company's technology delivery model. Monitoring this cost relative to platform revenue helps investors assess the gross margin profile and the underlying profitability of the core software business.

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