STOCK TITAN

ServiceTitan, Inc. 10-Q Filings

TTAN NASDAQ

Every 10-Q that ServiceTitan, Inc. (TTAN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow TTAN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TTAN filings page.

Rhea-AI Summary

ServiceTitan, Inc. (TTAN) filed Amendment No. 1 to its Quarterly Report for the quarter ended April 30, 2026 to replace the principal executive and principal financial officer certifications. The change corrects an inadvertent omission of required internal control over financial reporting language under Item 601(b)(31)(i) of Regulation S-K.

The amendment includes only the cover page, an explanatory note, limited paragraphs of the revised certifications, the exhibits list and signatures, and does not modify any financial statements or other disclosures from the original Quarterly Report.

Rhea-AI Summary

ServiceTitan, Inc. (TTAN) reported strong top-line growth in the quarter ended July 31, 2026 while remaining loss-making as it continues to invest in its AI-powered trades platform. Total revenue rose to $292.8 million from $242.1 million a year earlier, driven by platform revenue of $284.5 million, including subscription revenue of $212.4 million and usage revenue of $72.1 million.

Gross profit reached $209.1 million, but higher sales and marketing and R&D spending led to a loss from operations of $27.6 million and a net loss of $24.9 million, or $0.26 per share, an improvement from a $32.2 million loss a year prior. For the first six months, revenue was $561.6 million with a net loss of $47.7 million.

Liquidity remains solid: cash and cash equivalents were $479.5 million and total assets $1.80 billion, against total liabilities of $198.5 million and no borrowings under a $250 million revolving credit facility. Operating activities provided $56.4 million of cash in the first half. Remaining performance obligations were $527.4 million, about half expected to be recognized as revenue in the next 12 months, and the company processed $26.8 billion of gross transaction volume in the quarter.

Rhea-AI Summary

ServiceTitan, Inc. reported strong top-line growth but continued losses for the quarter ended April 30, 2026. Total revenue rose to $268.8 million from $215.7 million a year earlier, driven by platform revenue of $260.6 million and professional services and other revenue of $8.3 million.

Gross profit increased to $193.8 million, but higher spending on sales and marketing, research and development, and general and administrative functions led to an operating loss of $25.8 million, improving from a $49.5 million loss. Net loss narrowed to $22.8 million, or $0.24 per share, compared with $46.4 million, or $0.51 per share.

The company ended the quarter with $421.5 million in cash and cash equivalents and modest net cash used in operating activities of $1.6 million, significantly better than the prior year period. Total assets were $1.75 billion and stockholders’ equity was $1.56 billion, reflecting a largely unlevered balance sheet and an undrawn $250 million revolving credit facility.

Rhea-AI Summary

ServiceTitan, Inc. (TTAN) reported operational and corporate updates in its Form 10-Q, emphasizing growth in transaction volume, capital structure actions and continuing risk disclosures. The company disclosed processing $22.9 billion and $40.7 billion of gross transaction volume (GTV) for the three and six months ended July 31, 2025, up from $19.2 billion and $33.7 billion in the comparable 2024 periods, respectively, showing higher platform usage. Post-IPO actions included reclassifying pre-IPO common stock, converting preferred stock to Class A, redeeming non-convertible preferred stock and using IPO proceeds to address capital needs. The company amended its credit facilities, converting term and revolver arrangements and repaid all revolver borrowings by July 31, 2025; the effective interest rate on its loan facility was 7.88% as of July 31, 2025. Management notes a history of losses, substantial stock-based compensation expense tied to performance RSUs, remediated material weaknesses identified in prior years, and numerous operational, regulatory and cybersecurity risks that could affect future results.