Research and Development Expense in USD of ServiceTitan, Inc. from 2022 to Q2 2025

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
ServiceTitan, Inc. quarterly/annual Research and Development Expense history and growth rate from 2022 to Q2 2025.
  • ServiceTitan, Inc. Research and Development Expense for the quarter ending July 31, 2025 was $73.1M, a 17% increase year-over-year.
  • ServiceTitan, Inc. Research and Development Expense for the twelve months ending July 31, 2025 was $284M.
  • ServiceTitan, Inc. annual Research and Development Expense for 2024 was $263M, a 29.2% increase from 2023.
  • ServiceTitan, Inc. annual Research and Development Expense for 2023 was $204M, a 28.1% increase from 2022.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Growth (%)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)

ServiceTitan, Inc. Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2025 $284M $73.1M +$10.6M +17% May 1, 2025 Jul 31, 2025 10-Q 2025-09-10
Q1 2025 $274M $69.1M +$10.5M +18% Feb 1, 2025 Apr 30, 2025 10-Q 2025-06-12
Q4 2024 $263M $76.1M Nov 1, 2024 Jan 31, 2025 10-K 2025-04-02
Q3 2024 $65.9M +$16.8M +34.3% Aug 1, 2024 Oct 31, 2024 10-Q 2025-01-14
Q2 2024 $62.4M May 1, 2024 Jul 31, 2024 10-Q 2025-09-10
Q1 2024 $58.6M Feb 1, 2024 Apr 30, 2024 10-Q 2025-06-12
Q3 2023 $49.1M Aug 1, 2023 Oct 31, 2023 10-Q 2025-01-14

ServiceTitan, Inc. Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $263M +$59.5M +29.2% Feb 1, 2024 Jan 31, 2025 10-K 2025-04-02
2023 $204M +$44.7M +28.1% Feb 1, 2023 Jan 31, 2024 10-K 2025-04-02
2022 $159M Feb 1, 2022 Jan 31, 2023 10-K 2025-04-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.