Flagship explainer

How ServiceTitan, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$961M · 100%Cost of revenue$287M · 30%Gross profit$674M · 70%Operating income−$169M · −18%Income before tax−$157M · −16%Income tax$2.7M · 0%Net income−$160M · −17%As of 2026-01-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$961M100%
Cost of revenue$287M30%
$674M70%
−$169M−18%
Income before tax−$157M−16%
Income tax$2.7M0%
−$160M−17%
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full ServiceTitan, Inc. analysis at Buy Like Buffett

TTAN income explainer — Buy Like Buffett · Buy Like Buffett