Forensic Analysis · Technology / Software · as of Sep 25, 2026
Servicetitan, Inc. (TTAN)
A forensic read on Servicetitan, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
11.2
Distress distance
Clean
Earnings quality
3
Forensic signals
-40.2
P / E (ttm)
-10.5%
ROE
$5.9B
Market cap
0.00%
Dividend yield
24.5%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Servicetitan, Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 11.2, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-11.7%
FY2026
Return on invested capital.Return on invested capital is -11.7% in the latest fiscal year, against -15.5% in FY2025. After-tax operating profit was ($182M) in FY2025 and ($134M) in FY2026, with operating income at -29.8% of revenue in FY2025 and -17.6% in FY2026. The capital base behind it barely moved across FY2025–FY2026 ($1.2B to $1.1B, -2%), so there has been little new capital for that return to be earned on. FY2025's operating profit carried a $39M asset write-down and a $2M restructuring charge that alone took about 2.8 points off that year's return, so about 2.8 of the 3.8-point rise across FY2025–FY2026 is that charge leaving the base year rather than the capital earning more.
n/m (stock split)
FY2025–FY2026
Share count (stock split).Diluted share count changed +119% over the last 1 year to FY2026, but that includes a large one-time change around FY2026 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw +119.2%/yr figure isn't a real buyback/dilution read here.
21% of rev
FY2026
Stock-based comp load.Stock-based compensation ran 21% of revenue and 230% of free cash flow in FY2026 — about $2.13 per diluted share. It is a real cost, but it is not a cash cost — no cash left the business, which is why operating cash flow adds it back. Where a compensation charge lands instead is the share count, and this filer's count is not on file in enough years to say how the count moved.
Key fundamentals
Latest Revenue$961.0M
Revenue Growth YoY+24.5%
Net Margin-16.6%
Free Cash Flow$85.5M
Return on Equity-10.5%
Debt / Equity0.00x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Servicetitan, Inc.'s actual 10-K/10-Q/8-K filings?