Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: +23.2% EPS YoY: +7.5% Move: -1.19%

ServiceTitan Inc

TTAN

$62.98 -1.19%

Exchange NASDAQ Sector Technology Industry Software Application

Q3 2024

Published: Jan 14, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for TTAN

Reported

Report Date

Jan 14, 2025

Quarter Q3 2024

Revenue

199.28M

YoY: +23.2%

EPS

-1.32

YoY: +7.5%

Market Move

-1.19%

Previous quarter: Q2 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $199.28M up 23.2% year-over-year
EPS of $-1.32 increased by 7.5% from previous year
Gross margin of 65.2%
Net income of -46.46M
"N/A" -

TTAN

Company TTAN

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

ServiceTitan’s QQ3 2024 results show a still-growing top line but ongoing profitability challenges. Revenue reached $199.28 million, up 23.19% year over year and 9.70% quarter over quarter. Gross profit was $129.95 million, yielding a gross margin of 65.2%. However, operating income remained negative at -$44.05 million and net income was -$46.46 million, with EPS of -$1.74 (diluted -$1.32). EBITDA was -$21.86 million, reflecting continued investment in R&D and go-to-market initiatives. Despite the negative GAAP bottom line, the company generated positive operating cash flow of $15.53 million and free cash flow of $10.57 million, supported by a cash balance of $135.09 million and modest capital expenditure.

Key Performance Indicators

Revenue

Increasing

199.28M

QoQ: 9.70% | YoY: 23.19%

Gross Profit

Increasing

129.95M

65.21% margin

QoQ: 14.95% | YoY: 29.67%

Operating Income

Increasing

-44.05M

QoQ: -2.39% | YoY: 8.41%

Net Income

Increasing

-46.46M

QoQ: -1.34% | YoY: 9.63%

EPS

Increasing

-1.74

QoQ: -18.37% | YoY: 7.45%

Revenue Trend

Margin Analysis

Financial Highlights

Overview of key metrics and trends:
- Revenue: $199.28M; YoY +23.19%; QoQ +9.70%
- Gross Profit: $129.95M; Gross Margin 65.21%
- Operating Income: -$44.05M; OpEx elevated with R&D at $65.94M and SG&A + S&M combined at $97.33M
- EBITDA: -$21.86M; EBITDA margin -10.97%
- Net Income: -$46.46M; Net margin -23.31%
- EPS: -$1.74; Diluted EPS -$1.32
- Cash Flow: Operating cash flow $15.53M; Free cash flow $10.57M
- Liquidity: Cash $135.09M; Current ratio ~1.80; Cash ratio ~0.96; Debt ratios indicate modest leverage with negative equity dynamics impacting valuation metrics
- Valuation inputs: Price-to-sales ~13.52x; other multiples indicate a high-growth, high-investment profile with profitability lagging peers

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	199.28M	23.19%	9.70%
Gross Profit	129.95M	29.67%	14.95%
Operating Income	-44.05M	8.41%	-2.39%
Net Income	-46.46M	9.63%	-1.34%
EPS	-1.74	7.45%	-18.37%

Key Financial Ratios

Gross Profit Margin

Excellent

65.20%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Weak

-0.22%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.23%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.03%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

8.06%

Return on equity is acceptable but below top-tier companies

Current Ratio

Healthy

1.80

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

-0.41

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-14.50x

Negative earnings make P/E ratio not meaningful

Price to Book

Undervalued

-4.67x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	242.12	-0.35	+33.3%	View
Q1 2026	215.69	-0.51	+0.0%	View
Q4 2024	209.28	-1.57	+15.2%	View
Q3 2024	199.28	-1.32	+23.2%	View
Q2 2024	0.00	0.00	+13.5%	View

TTAN

ServiceTitan Inc

Q2 2026 Report

ServiceTitan Inc (TTAN) QQ2 2026 Results: AI-Enabled Platform Leadership Fuels Revenue Growth, Margin Expansion, and Enterprise Commercialization...

Read full report

TTAN

ServiceTitan Inc

Q1 2026 Report

ServiceTitan Inc (TTAN) QQ1 2026 Results Analysis: Strong YoY Growth Across Subscription and Platform Revenue, AI-Enabled Expansion in Enterprise, Com...

Read full report

TTAN

ServiceTitan Inc

Q4 2024 Report

ServiceTitan Inc (TTAN) QQ4 2024 Earnings Analysis: Revenue Growth Amid Continued Investment-Driven Losses...

Read full report

TTAN

ServiceTitan Inc

Q2 2024 Report

ServiceTitan Inc (TTAN) QQ2 2024 Earnings Analysis: Revenue Growth Ahead of Margin Recovery in Field Service Software...

Read full report

ServiceTitan Inc (TTAN) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

More TTAN Quarterly Reports

TTAN

TTAN

TTAN

TTAN

Related Financial Data

Sector Analysis: Technology

TTAN Full Profile

TTAN Financial Statements

Earnings Calendar