ServiceTitan (TTAN)


Market Price (9/10/2026): $56.1 | Market Cap: $5.4 BilSector: Information Technology | Industry: Application Software

ServiceTitan (TTAN)


Market Price (9/10/2026): $56.1
Market Cap: $5.4 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%

Megatrend and thematic drivers
Megatrends include Cloud Computing, and Automation & Robotics. Themes include Software as a Service (SaaS), and Process Automation.

Weak multi-year price returns
2Y Excs Rtn is -82%, 3Y Excs Rtn is -113%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -136 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -13%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.8%

Key risks
TTAN key risks include [1] its historical challenges in achieving sustained profitability and positive cash flow and [2] its direct reliance on a contractor customer base facing significant operational headwinds like persistent labor shortages and rising costs.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
1 Megatrend and thematic drivers
Megatrends include Cloud Computing, and Automation & Robotics. Themes include Software as a Service (SaaS), and Process Automation.
2 Weak multi-year price returns
2Y Excs Rtn is -82%, 3Y Excs Rtn is -113%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -136 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -13%
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.8%
6 Key risks
TTAN key risks include [1] its historical challenges in achieving sustained profitability and positive cash flow and [2] its direct reliance on a contractor customer base facing significant operational headwinds like persistent labor shortages and rising costs.

TTAN in ETFs

Weight = TTAN's share of each fund

VTI0.01%
ITOT0.01%
IWM0.19%
VB0.06%
IWO0.36%
SPEM0.19%
IGV0.18%
VTWO0.16%
+11 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/9/2026

ServiceTitan (TTAN) stock has lost about 20% since 5/31/2026 because of the following key factors:

1. Disappointing Fiscal Third Quarter 2027 Guidance.

ServiceTitan reported strong fiscal second quarter 2027 (which ended July 31, 2026) results, surpassing analyst expectations with $292.8 million in revenue, representing 21% year-over-year growth, and an adjusted EPS of $0.40. However, the company's forward guidance for fiscal Q3 2027 revenue, projected to be between $285 million and $287 million, fell short of the average analyst estimate of $287.8 million to $288 million. This cautious outlook for the upcoming quarter overshadowed the solid Q2 performance and contributed significantly to investor disappointment.

2. Deceleration in Gross Transaction Volume (GTV) Growth.

A key performance indicator, Gross Transaction Volume (GTV), showed a slowdown in growth during fiscal Q2 2027, increasing by 17% year-over-year to $26.8 billion, which was approximately 200 basis points slower than previous quarters. The company's CFO attributed this deceleration to softer lead volume experienced in May and June 2026, leading management to adopt a more conservative full-year outlook rather than banking on a swift rebound.

Show more
Updated on 9/9/2026

ServiceTitan (TTAN) stock has lost about 20% since 5/31/2026 because of the following key factors:

1. Disappointing Fiscal Third Quarter 2027 Guidance.

ServiceTitan reported strong fiscal second quarter 2027 (which ended July 31, 2026) results, surpassing analyst expectations with $292.8 million in revenue, representing 21% year-over-year growth, and an adjusted EPS of $0.40. However, the company's forward guidance for fiscal Q3 2027 revenue, projected to be between $285 million and $287 million, fell short of the average analyst estimate of $287.8 million to $288 million. This cautious outlook for the upcoming quarter overshadowed the solid Q2 performance and contributed significantly to investor disappointment.

2. Deceleration in Gross Transaction Volume (GTV) Growth.

A key performance indicator, Gross Transaction Volume (GTV), showed a slowdown in growth during fiscal Q2 2027, increasing by 17% year-over-year to $26.8 billion, which was approximately 200 basis points slower than previous quarters. The company's CFO attributed this deceleration to softer lead volume experienced in May and June 2026, leading management to adopt a more conservative full-year outlook rather than banking on a swift rebound.

3. Chief Revenue Officer Transition.

The announcement of a leadership change, with Rikus Pretorius named as the new Chief Revenue Officer, replacing Ross Biestman, added to investor uncertainty. While described as an orderly transition, changes in top revenue-generating leadership within a growth company are often perceived as an execution risk, particularly when accompanying a more subdued financial outlook.

4. Widespread Analyst Price Target Reductions.

Following the fiscal Q2 2027 earnings report and guidance, several investment analysts lowered their price targets for ServiceTitan. For instance, TD Cowen reduced its target from $125.00 to $100.00, BMO Capital Markets decreased its price target from $103.00 to $90.00, and Wells Fargo & Company lowered its objective from $115.00 to $105.00. These collective adjustments indicated a more cautious stance on the stock's near-term potential from the analytical community.

5. Significant Insider Selling Activity.

There was substantial insider selling of ServiceTitan shares during the period. Aggregated insider selling totaled between $11 million and $40.65 million over the past three months. This volume of insider selling, exceeding the $5 million threshold, signaled a cautious sentiment from individuals with intimate knowledge of the company's performance and prospects, further impacting investor confidence.

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Stock Movement Drivers

Fundamental Drivers

The -21.1% change in TTAN stock from 5/31/2026 to 9/9/2026 was primarily driven by a -27.4% change in the company's P/S Multiple.
(LTM values as of)53120269092026Change
Stock Price ($)72.3657.12-21.1%
Change Contribution By: 
Total Revenues ($ Mil)9611,06510.8%
P/S Multiple7.15.1-27.4%
Shares Outstanding (Mil)9496-1.8%
Cumulative Contribution-21.1%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/9/2026
ReturnCorrelation
TTAN-21.1% 
Market (SPY)0.8%1.8%
Sector (XLK)-1.6%-18.2%

Fundamental Drivers

The -21.1% change in TTAN stock from 2/28/2026 to 9/9/2026 was primarily driven by a -30.2% change in the company's P/S Multiple.
(LTM values as of)22820269092026Change
Stock Price ($)72.3957.12-21.1%
Change Contribution By: 
Total Revenues ($ Mil)9161,06516.2%
P/S Multiple7.45.1-30.2%
Shares Outstanding (Mil)9396-2.7%
Cumulative Contribution-21.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/9/2026
ReturnCorrelation
TTAN-21.1% 
Market (SPY)11.4%7.1%
Sector (XLK)35.6%-4.6%

Fundamental Drivers

The -46.7% change in TTAN stock from 8/31/2025 to 9/9/2026 was primarily driven by a -8.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)83120259092026Change
Stock Price ($)107.2357.12-46.7%
Change Contribution By: 
Total Revenues ($ Mil)1,0650.0%
P/S Multiple5.10.0%
Shares Outstanding (Mil)8896-8.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/9/2026
ReturnCorrelation
TTAN-46.7% 
Market (SPY)19.2%12.9%
Sector (XLK)43.7%7.2%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/9/2026
ReturnCorrelation
TTAN  
Market (SPY)75.3%25.4%
Sector (XLK)117.9%20.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
TTAN Return---2%4%-23%-19%
Peers Return9%-34%70%28%-8%-10%29%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
TTAN Win Rate---100%33%33% 
Peers Win Rate56%28%63%65%45%36% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
TTAN Max Drawdown-----34%-49% 
Peers Max Drawdown-22%-43%-19%-27%-33%-41% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PCOR, APPF, NOW, CRM, MSFT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/9/2026 (YTD)

How Low Can It Go

EventTTANS&P 500
2025 US Tariff Shock
  % Loss-16.5%-18.8%
  % Gain to Breakeven19.7%23.1%
  Time to Breakeven13 days79 days

Compare to PCOR, APPF, NOW, CRM, MSFT

In The Past

ServiceTitan's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

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Compare to PCOR, APPF, NOW, CRM, MSFT

In The Past

ServiceTitan's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About ServiceTitan (TTAN)

ServiceTitan (TTAN) offers an end-to-end, cloud-based software platform designed as the "operating system" for businesses in the skilled trades industry. The company addresses a large and historically underserved market, including plumbers, HVAC technicians, electricians, roofers, and landscapers, in the United States and Canada. Its mission is to modernize these essential field service businesses by replacing outdated, manual processes with integrated technology, enabling them to operate more efficiently, scale, and thrive in an industry estimated to have $1.5 trillion in annual spend.

The platform provides comprehensive capabilities across five critical business functions: Customer Relationship Management (CRM), Field Service Management (FSM), Enterprise Resource Planning (ERP), Human Capital Management (HCM), and FinTech. ServiceTitan generates revenue primarily through subscriptions to its Core and Pro software products, which offer functionalities like call tracking, scheduling, dispatching, marketing automation, estimating, and inventory management. Additionally, it offers usage-based services, including payment processing and third-party consumer financing solutions, which empower trades businesses to accelerate revenue, enhance operational efficiency, deliver superior customer service, and improve employee experience.

ServiceTitan serves a wide range of customers, from small, family-owned contractors to large franchises with national footprints, supporting their growth and professionalization. As of January 31, 2024, the company had approximately 8,000 active customers who processed $62.0 billion in Gross Transaction Volume (GTV) through the platform over the prior 12 months. With its solutions, ServiceTitan helps customers manage millions of jobs annually, fostering durable relationships, as evidenced by a net dollar retention rate of over 110% and a gross dollar retention rate of over 95% for the past ten fiscal quarters.

AI Analysis | Feedback

Toast for the trades.

Shopify for local service businesses.

AI Analysis | Feedback

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  • Core Product: A base-level, cloud-based software platform providing essential functionalities across key workflows for trades businesses, such as call tracking, scheduling, dispatching, and CRM.
  • Pro Products: Value-additive software modules that supplement the Core product, offering higher levels of functionality and specialized capabilities for trades businesses.
  • FinTech Products: Integrated financial technology solutions within the platform, encompassing payment processing and third-party consumer financing options for trades businesses.
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AI Analysis | Feedback

ServiceTitan (TTAN) primarily sells its cloud-based software platform to other companies, specifically "trades businesses." The provided description does not list individual names of its major customer companies, nor does it indicate that any of its direct business customers are publicly traded entities. Instead, ServiceTitan serves a broad range of privately-owned businesses within the trades industry.

Based on the provided information, the customers can be categorized by the type and size of trades business they operate:

  1. Diverse Trades Businesses: ServiceTitan's platform is designed for businesses across a wide array of field service activities. These include, but are not limited to, plumbing, electrical, HVAC (heating, ventilation, and air conditioning), garage door services, pest control, and landscaping companies.
  2. Small to Mid-Sized Contractors: Many of ServiceTitan's customers are family-owned contractors or independent businesses with a few employees. These businesses utilize the platform to manage their daily operations, from scheduling and dispatching to invoicing and payment processing.
  3. Large Franchises and Enterprise Customers: ServiceTitan also caters to larger organizations within the trades, including big franchises with national footprints. Some of these customers have over 500 locations and generate over $1 billion in annual Gross Transaction Volume (GTV) through the platform. This demonstrates the platform's scalability to support significant operations.

In summary, ServiceTitan's customer base consists of trades businesses of varying sizes across numerous service sectors, all leveraging the platform to streamline operations and enhance their service delivery.

AI Analysis | Feedback

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AI Analysis | Feedback

Ara Mahdessian, Co-founder and CEO

Ara Mahdessian is the co-founder and CEO of ServiceTitan, which he co-founded in 2007 (initially as LinxLogic, Inc.) and has served as CEO since its inception. Born in the trades, he grew up observing his father, a residential contractor, manage his business manually. Mahdessian, an Armenian immigrant from Iran, graduated from Stanford University with degrees in Management Science and Computer Science. He and co-founder Vahe Kuzoyan started ServiceTitan to provide technology to tradespeople.

Vahe Kuzoyan, Co-founder and President

Vahe Kuzoyan is the co-founder and President of ServiceTitan. Inspired by his father, a plumber who experienced frustration with the lack of technology in the industry, Kuzoyan co-founded ServiceTitan with Ara Mahdessian to address this need. He is responsible for defining the company's overall product strategy and overseeing product development. Kuzoyan earned a Bachelor of Science in computer science, neuroscience, and business administration from the University of Southern California.

Dave Sherry, Chief Financial Officer

Dave Sherry has served as ServiceTitan's Chief Financial Officer since June 2023. Prior to joining ServiceTitan, he held CFO positions at QuintoAndar from May 2019 to June 2023 and at Lightspeed Commerce Inc. from January 2014 to February 2018. He also worked as a Growth Operating Partner at Accel, a venture capital firm, from June 2018 to May 2019, and held roles at TPG and McKinsey & Co. Sherry holds a B.B.A. from the University of Michigan and an M.B.A. from Stanford University Graduate School of Business.

Anmol Bhasin, CTO

Anmol Bhasin is the CTO at ServiceTitan, a position he has held since December 2021. His extensive background includes senior engineering roles at Salesforce, Groupon, and LinkedIn, where he specialized in AI, search technologies, and data platforms. Bhasin holds an MBA from The Wharton School and an MS in Computer Science from the University at Buffalo.

AI Analysis | Feedback

  1. Sustained Operating and Net Losses: ServiceTitan has consistently incurred significant losses from operations and net losses in recent fiscal periods. For example, the company reported operating losses of $221.9 million and $182.9 million in fiscal 2023 and fiscal 2024, respectively, along with net losses of $269.5 million and $195.1 million for the same periods. While these losses are attributed to continued investment in business growth, their persistence represents a fundamental financial risk.
  2. Normalization and Decline in Net Dollar Retention Rate: ServiceTitan has observed a gradual normalization and a decline in its quarterly net dollar retention rate. Over the last ten fiscal quarters, the rate declined by seven percentage points, with a two-percentage-point decline occurring specifically between July 31, 2023, and July 31, 2024. While the rate remains over 110%, this trend could indicate a challenge in maintaining the historical rate of revenue expansion from existing customers.

AI Analysis | Feedback

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AI Analysis | Feedback

For ServiceTitan (symbol: TTAN), the addressable market for trades services for homes and businesses in the United States and Canada is approximately $1.5 trillion annually.

AI Analysis | Feedback

ServiceTitan (TTAN) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Growth in Active Customers: ServiceTitan anticipates expanding its customer base by continuing to acquire new trades businesses. The company's focus on providing an essential operating system for the trades and its ability to scale with businesses of varying sizes position it to attract more clients, from small family-owned contractors to large franchises. The increase from approximately 6,800 Active Customers as of January 31, 2023, to approximately 8,000 Active Customers as of January 31, 2024, demonstrates a consistent trend in customer acquisition.
  2. Increased Adoption and Usage of Add-on Products (Pro and FinTech) by Existing Customers: A significant driver will be the expansion of services utilized by current customers. ServiceTitan employs a "land and expand" strategy, starting with its Core product and then offering value-additive Pro products and FinTech solutions. The company's net dollar retention rate of over 110% for each of the last ten fiscal quarters indicates that existing customers are increasing their spending on the platform through the adoption of these add-on features and increased transaction volumes.
  3. Expansion of Gross Transaction Volume (GTV) and Deeper Penetration within Existing Markets: ServiceTitan aims to capture a larger share of the substantial $1.5 trillion annual spend on trades services in the United States and Canada. This will be achieved by enabling its customers to grow their businesses, which in turn increases the total Gross Transaction Volume (GTV) processed through the ServiceTitan platform. The GTV has grown from $44.9 billion in fiscal 2023 to $62.0 billion for the 12 months ended July 31, 2024, highlighting the potential for continued growth within its served markets.
  4. Product Innovation and AI Integration: Ongoing investment in research and development, particularly in artificial intelligence (AI), is expected to enhance ServiceTitan's platform capabilities. By integrating AI into automated workflows and continuously developing new features based on customer interactions and data, ServiceTitan aims to deliver differentiated value, attract new customers, and encourage further adoption of premium services among its existing base.
  5. Strategic Acquisitions: ServiceTitan explicitly states that it has consistently grown and scaled its business operations both organically and through acquisitions. This inorganic growth strategy allows the company to expand its market reach, acquire new technologies, or integrate complementary services, thereby contributing to overall revenue growth.

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Share Repurchases

  • ServiceTitan repurchased approximately $18.963 million in shares for tax withholding related to the settlement of restricted stock units during the fiscal year ended January 31, 2026.

Share Issuance

  • In March 2021, ServiceTitan completed a Series F funding round, raising $500 million at a post-money valuation of $7.8 billion.
  • The company raised an additional $200 million in a Series G round in June 2021, achieving a post-money valuation of $9.5 billion.
  • ServiceTitan launched its initial public offering (IPO) in December 2024, offering 8,800,000 shares of Class A common stock at $71.00 per share and raising $625 million.

Inbound Investments

  • Prior to its initial public offering, ServiceTitan raised almost $1.4 billion in total equity capital across eight funding rounds from venture and crossover investors.
  • Key investors in these funding rounds included Iconiq Capital, Bessemer Venture Partners, TPG Inc., Index Ventures, and Mucker Capital.

Outbound Investments

  • In 2021, ServiceTitan acquired Aspire Software, a company specializing in software for landscapers, and ServicePro, which provides software for pest control and lawn care contractors.
  • In January 2022, ServiceTitan acquired FieldRoutes, a mobile software-as-a-service provider for the lawn care and pest control industries.
  • The company further expanded with the acquisition of Convex, a sales and marketing platform for construction professionals, in April 2024, and Conduit Tech, an HVAC sales and design platform, in September 2025.

Capital Expenditures

  • ServiceTitan's capital expenditures were $89 million in 2023, $44 million in 2024, and $22 million in 2025.

Peer Outperformance in Application Software

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Share of Application Software constituents that TTAN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
26%
of 152 industry peers · -52.2% return
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Information Technology sector, ranked by 5Y. Application Software is TTAN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 62.0%191.8%304.2% TTMI 816% · FLEX 745% · SANM 424%
Semiconductor Materials & Equipment 27 129.2%82.9%106.7% AEHR 845% · AXTI 647% · LRCX 456%
Technology Distributors 9 31.8%69.9%87.2% CLMB 337% · AVT 168% · SNX 133%
Communications Equipment 35 21.0%92.3%74.4% AAOI 1353% · LITE 1052% · ANET 780%
Electronic Components 26 39.3%59.6%64.6% CLS 3713% · BELFA 1314% · COHR 394%
Semiconductors 55 23.0%26.0%27.9% POET 1864% · MU 1334% · NVDA 897%
Technology Hardware, Storage & Peripherals 21 30.2%79.4%23.5% DELL 1128% · STX 1125% · WDC 1018%
Internet Services & Infrastructure 6 19.5%33.5%13.9% DOCN 89% · VRSN 32% · GDDY 24%
Electronic Equipment & Instruments 27 -13.0%6.7%-10.7% PI 210% · OSIS 108% · NSSC 97%
IT Consulting & Other Services 28 -27.5%-14.5%-31.2% CHRN 478321% · APLD 1264% · TSSI 657%
Application Software ← 122 -28.4%-15.9%-46.0% VIDA 205355% · INLX 4774% · PLTR 545%
Systems Software 67 -15.1%-1.0%-57.2% QNC 469% · ZETA 340% · PANW 328%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

TTANPCORAPPFNOWCRMMSFTMedian
NameServiceT.Procore .AppFolio ServiceN.Salesfor.Microsoft 
Mkt Price57.1254.13205.65131.11244.16491.65168.38
Mkt Cap5.58.27.30.1200.23,651.07.7
Rev LTM1,0651,4221,04114,73243,938331,8398,077
Op Inc LTM-136-681821,6809,455155,237931
FCF LTM1142802664,57115,15466,9872,425
FCF 3Y Avg441721983,80913,03770,8902,003
CFO LTM1413682735,30815,750182,9352,838
CFO 3Y Avg702452074,62813,664145,8822,437

Growth & Margins

TTANPCORAPPFNOWCRMMSFTMedian
NameServiceT.Procore .AppFolio ServiceN.Salesfor.Microsoft 
Rev Chg LTM22.9%15.4%20.7%22.2%11.2%17.8%19.2%
Rev Chg 3Y Avg-19.8%25.3%22.5%9.9%16.1%19.8%
Rev Chg Q20.9%15.8%19.3%24.0%10.8%17.7%18.5%
QoQ Delta Rev Chg LTM5.0%3.7%4.6%5.5%2.6%4.3%4.4%
Op Inc Chg LTM37.1%59.9%30.4%4.9%12.8%20.8%25.6%
Op Inc Chg 3Y Avg-25.5%117.1%55.3%31.8%20.6%31.8%
Op Mgn LTM-12.8%-4.8%17.5%11.4%21.5%46.8%14.5%
Op Mgn 3Y Avg-20.2%-10.0%15.8%11.8%20.6%45.7%13.8%
QoQ Delta Op Mgn LTM1.4%2.8%0.5%-2.0%-0.3%-0.0%0.2%
CFO/Rev LTM13.2%25.9%26.2%36.0%35.8%55.1%31.0%
CFO/Rev 3Y Avg7.2%19.4%23.4%38.0%34.1%50.6%28.7%
FCF/Rev LTM10.7%19.7%25.5%31.0%34.5%20.2%22.8%
FCF/Rev 3Y Avg4.2%13.6%22.3%31.1%32.5%25.3%23.8%

Valuation

TTANPCORAPPFNOWCRMMSFTMedian
NameServiceT.Procore .AppFolio ServiceN.Salesfor.Microsoft 
Mkt Cap5.58.27.30.1200.23,651.07.7
P/S5.15.87.00.04.611.05.5
P/Op Inc-40.1-121.039.90.121.223.510.6
P/EBIT-45.2-207.039.90.115.821.67.9
P/E-42.4-210.746.20.120.727.310.4
P/CFO38.922.326.70.012.720.021.1
Total Yield-2.4%-0.5%2.2%1,235.0%5.6%4.4%3.3%
Dividend Yield0.0%0.0%0.0%0.0%0.8%0.7%0.0%
FCF Yield 3Y Avg-2.3%2.8%2,084.2%7.1%2.2%2.8%
D/E0.00.00.062.50.20.00.0
Net D/E-0.1-0.1-0.028.00.2-0.0-0.0

Returns

TTANPCORAPPFNOWCRMMSFTMedian
NameServiceT.Procore .AppFolio ServiceN.Salesfor.Microsoft 
1M Rtn-34.3%-7.0%3.1%2.9%23.6%-2.7%0.1%
3M Rtn-20.0%24.3%22.2%23.6%43.2%24.0%23.8%
6M Rtn-27.2%-3.5%14.9%13.4%26.4%21.9%14.1%
12M Rtn-52.2%-22.7%-26.4%-29.8%-2.3%-0.5%-24.6%
3Y Rtn-43.4%-17.7%6.5%9.2%10.5%50.5%7.9%
1M Excs Rtn-32.8%-5.5%4.6%4.4%25.1%-1.2%1.6%
3M Excs Rtn-22.6%15.0%18.1%19.2%36.2%18.7%18.4%
6M Excs Rtn-39.3%-18.3%-1.5%-0.2%13.3%9.1%-0.9%
12M Excs Rtn-69.6%-41.2%-45.8%-47.8%-20.0%-18.1%-43.5%
3Y Excs Rtn-112.5%-89.5%-63.0%-58.2%-57.0%-16.0%-60.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2026202520242023
End-to-end, Artificial Intelligence (AI)-powered cloud-based software platform that helps customers961772614 
Professional services and other   24
Subscription   332
Usage   111
Total961772614468


Price Behavior

Price Behavior
Market Price$57.12 
Market Cap ($ Bil)5.4 
First Trading Date12/12/2024 
Distance from 52W High-52.2% 
   50 Days200 Days
DMA Price$84.94$79.56
DMA Trendindeterminateup
Distance from DMA-32.7%-28.2%
 3M1YR
Volatility85.5%62.4%
Downside Capture235.24175.38
Upside Capture78.6154.83
Correlation (SPY)-0.6%13.6%
TTAN Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta1.84-0.45-0.330.110.51-0.11
Up Beta0.54-1.98-0.88-0.170.220.29
Down Beta0.37-2.18-1.23-0.590.24-0.64
Up Capture367%169%91%67%50%14%
Bmk +ve Days10213268138427
Stock +ve Days14253768125211
Down Capture135%-80%-64%15%92%77%
Bmk -ve Days11213259113324
Stock -ve Days7172759126216

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TTAN
TTAN-52.1%62.2%-0.92-
Sector ETF (XLK)42.7%26.2%1.327.3%
Equity (SPY)18.6%12.8%1.0614.0%
Gold (GLD)20.6%29.2%0.64-1.5%
Commodities (DBC)46.3%20.4%1.76-4.9%
Real Estate (VNQ)7.3%13.6%0.279.3%
Bitcoin (BTCUSD)-29.8%43.8%-0.6814.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TTAN
TTAN-10.9%56.9%-0.37-
Sector ETF (XLK)19.7%25.9%0.6820.3%
Equity (SPY)12.5%17.2%0.5525.5%
Gold (GLD)18.9%18.8%0.820.4%
Commodities (DBC)11.1%19.5%0.441.4%
Real Estate (VNQ)1.2%18.9%-0.0420.4%
Bitcoin (BTCUSD)10.8%52.6%0.3914.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TTAN
TTAN-5.6%56.9%-0.37-
Sector ETF (XLK)24.3%25.0%0.8820.3%
Equity (SPY)15.1%17.9%0.7225.5%
Gold (GLD)12.3%16.3%0.620.4%
Commodities (DBC)8.1%18.1%0.371.4%
Real Estate (VNQ)4.7%20.7%0.1920.4%
Bitcoin (BTCUSD)63.6%66.2%1.0314.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity7.3 Mil
Short Interest: % Change Since 7312026-24.2%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest6.1 days
Basic Shares Quantity95.9 Mil
Short % of Basic Shares7.6%

Earnings Returns History

Updated 9/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/2026-30.0%  
6/4/20264.1%-8.2%7.2%
3/12/2026-6.4%-9.4%-24.2%
12/4/202510.5%10.9%10.6%
9/4/202513.6%16.7%1.4%
6/5/2025-6.9%-10.2%-4.0%
3/13/202512.9%14.3%22.5%
1/13/2025-3.9%-3.0%-1.8%
SUMMARY STATS   
# Positive434
# Negative443
Median Positive11.7%14.3%8.9%
Median Negative-6.7%-8.8%-4.0%
Max Positive13.6%16.7%22.5%
Max Negative-30.0%-10.2%-24.2%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/2026-30.0%  
6/4/20264.1%-8.2%7.2%
3/12/2026-6.4%-9.4%-24.2%
12/4/202510.5%10.9%10.6%
9/4/202513.6%16.7%1.4%
6/5/2025-6.9%-10.2%-4.0%
3/13/202512.9%14.3%22.5%
1/13/2025-3.9%-3.0%-1.8%
SUMMARY STATS   
# Positive434
# Negative443
Median Positive11.7%14.3%8.9%
Median Negative-6.7%-8.8%-4.0%
Max Positive13.6%16.7%22.5%
Max Negative-30.0%-10.2%-24.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
07/31/202609/08/202610-Q
04/30/202606/05/202610-Q
01/31/202603/25/202610-K
10/31/202512/09/202510-Q
07/31/202509/10/202510-Q
04/30/202506/12/202510-Q
01/31/202504/02/202510-K
10/31/202401/14/202510-Q
07/31/202412/12/2024424B4
Collapse to Preview
Report DateFiling DateFiling
07/31/202609/08/202610-Q
04/30/202606/05/202610-Q
01/31/202603/25/202610-K
10/31/202512/09/202510-Q
07/31/202509/10/202510-Q
04/30/202506/12/202510-Q
01/31/202504/02/202510-K
10/31/202401/14/202510-Q
07/31/202412/12/2024424B4

Recent Forward Guidance

Updated 9/9/2026

Latest: Q2 2027 Earnings Reported 9/8/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2027 Non-GAAP income from operationsReported29.00 Mil29.50 Mil30.00 Mil-23.4% Lower NewGuidance: 38.50 Mil for Q2 2027
Q3 2027 Total revenueReported285.00 Mil286.00 Mil287.00 Mil0.4% Higher NewGuidance: 285.00 Mil for Q2 2027
2027 Enrolled Max LocationsReported700700    
2027 Non-GAAP income from operationsReported152.00 Mil153.00 Mil154.00 Mil5.9% RaisedGuidance: 144.50 Mil for 2027
2027 Total revenueReported1.14 Bil1.14 Bil1.14 Bil0.6% RaisedGuidance: 1.14 Bil for 2027


Prior: Q1 2027 Earnings Reported 6/4/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2027 Non-GAAP income from operationsReported38.00 Mil38.50 Mil39.00 Mil40.0% Higher NewGuidance: 27.50 Mil for Q1 2027
Q2 2027 Total revenueReported284.00 Mil285.00 Mil286.00 Mil11.3% Higher NewGuidance: 256.00 Mil for Q1 2027
2027 Non-GAAP income from operationsReported142.00 Mil144.50 Mil147.00 Mil10.7% RaisedGuidance: 130.50 Mil for 2027
2027 Total revenueReported1.13 Bil1.14 Bil1.14 Bil1.8% RaisedGuidance: 1.11 Bil for 2027

Q4 2026 Earnings Reported 3/12/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2027 Non-GAAP income from operationsReported27.00 Mil27.50 Mil28.00 Mil66.7% Higher NewGuidance: 16.50 Mil for Q4 2026
Q1 2027 Total revenueReported255.00 Mil256.00 Mil257.00 Mil4.5% Higher NewGuidance: 245.00 Mil for Q4 2026
2027 Non-GAAP income from operationsReported128.00 Mil130.50 Mil133.00 Mil56.3% Higher NewGuidance: 83.50 Mil for 2026
2027 Total revenueReported1.11 Bil1.11 Bil1.12 Bil17.1% Higher NewGuidance: 952.00 Mil for 2026

Q3 2026 Earnings Reported 12/4/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Non-GAAP income from operationsReported16.00 Mil16.50 Mil17.00 Mil13.8% Higher NewGuidance: 14.50 Mil for Q3 2026
Q4 2026 RevenueReported244.00 Mil245.00 Mil246.00 Mil2.9% Higher NewGuidance: 238.00 Mil for Q3 2026
2026 Non-GAAP income from operationsReported83.00 Mil83.50 Mil84.00 Mil11.3% RaisedGuidance: 75.00 Mil for 2026
2026 RevenueReported951.00 Mil952.00 Mil953.00 Mil1.5% RaisedGuidance: 937.50 Mil for 2026

Insider Activity

Updated 8/13/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kuzoyan, VahePresidentthe K-A Family Trust dated December 6, 2021Sell813202688.9516,388  Form
2Kuzoyan, VahePresidentthe K-A Family Trust dated December 6, 2021Sell813202688.84114,732  Form
3Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell805202684.8938,287  Form
4Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell805202684.7549,766  Form
5Deeter, Byron B See FootnotesSell71720260.000  Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kuzoyan, VahePresidentthe K-A Family Trust dated December 6, 2021Sell813202688.9516,388  Form
2Kuzoyan, VahePresidentthe K-A Family Trust dated December 6, 2021Sell813202688.84114,732  Form
3Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell805202684.8938,287  Form
4Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell805202684.7549,766  Form
5Deeter, Byron B See FootnotesSell71720260.000  Form
6Deeter, Byron B See FootnotesSell71720260.000  Form
7Sherry, DavidChief Financial OfficerDirectSell716202679.312,276180,51031,387,468Form
8Deeter, Byron B See FootnotesSell71620260.000  Form
9Deeter, Byron B See FootnotesSell71620260.000  Form
10Deeter, Byron B See FootnotesSell71420260.000  Form
11Deeter, Byron B See FootnotesSell71420260.000  Form
12Deeter, Byron B See FootnotesSell71020260.000  Form
13Deeter, Byron B See FootnotesSell71020260.000  Form
14Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell708202680.9851,947  Form
15O'Connor, MicheleChief Accounting OfficerDirectSell708202680.934,910397,3665,800,739Form
16Deeter, Byron B See FootnotesSell70720260.000  Form
17Deeter, Byron B See FootnotesSell70720260.000  Form
18Deeter, Byron B See FootnotesSell70720260.000  Form
19Deeter, Byron B See FootnotesSell70220260.000  Form
20Deeter, Byron B See FootnotesSell70220260.000  Form
21Deeter, Byron B See FootnotesSell63020260.000  Form
22Deeter, Byron B See FootnotesSell63020260.000  Form
23Deeter, Byron B DirectSell625202665.268,845577,225322,189Form
24Deeter, Byron B DirectSell625202663.358,845560,331873,090Form
25Griffith, William JG ICONIQ Strategic Partners V, L.P.Sell624202663.4340,3292,558,00328,112,785Form
26Griffith, William JG ICONIQ Strategic Partners V-B, L.P.Sell624202663.4354,0863,430,58737,702,137Form
27Iconiq, Strategic Partners V, LP ICONIQ Strategic Partners V, L.P.Sell624202663.4340,3292,558,00328,112,785Form
28Iconiq, Strategic Partners V, LP ICONIQ Strategic Partners V-B, L.P.Sell624202663.4354,0863,430,58737,702,137Form
29Griffith, William JG ICONIQ Strategic Partners V, L.P.Sell624202663.01855,35630,468,486Form
30Griffith, William JG ICONIQ Strategic Partners V-B, L.P.Sell624202663.011157,24640,861,418Form
31Iconiq, Strategic Partners V, LP DirectSell624202663.01855,35630,468,486Form
32Iconiq, Strategic Partners V, LP ICONIQ Strategic Partners V-B, L.P.Sell624202663.011157,24640,861,418Form
33Mahdessian, AraChief Executive OfficerDirectSell617202666.193,028200,440116Form
34Kuzoyan, VahePresidentDirectSell617202666.193,208212,33883Form
35Sherry, DavidChief Financial OfficerDirectSell617202666.1920,1921,336,54226,345,788Form
36O'Connor, MicheleChief Accounting OfficerDirectSell617202666.195,304351,1055,069,227Form
37Deeter, Byron B See footnoteSell61520260.000  Form
38O'Connor, MicheleChief Accounting OfficerDirectSell610202669.1410,000691,4005,661,909Form
39O'Connor, MicheleChief Accounting OfficerDirectSell413202658.935,000294,6504,680,014Form
40Mahdessian, AraChief Executive OfficerDirectSell318202669.862,288159,87570Form
41Kuzoyan, VahePresidentDirectSell318202669.863,220224,98487Form
42Sherry, DavidChief Financial OfficerDirectSell318202669.8617,7781,241,93621,867,944Form
43O'Connor, MicheleChief Accounting OfficerDirectSell318202669.865,154360,0765,897,337Form
44Sherry, DavidChief Financial OfficerDirectSell122202688.2614512,79829,196,651Form
45Sherry, DavidChief Financial OfficerDirectSell122202691.3083376,05530,216,404Form
46Mahdessian, AraChief Executive OfficerDirectSell115202692.4932,0002,959,68046Form
47Mahdessian, AraChief Executive OfficerDirectSell115202698.5032,0003,152,00049Form
48Kuzoyan, VahePresidentDirectSell107202699.7316,3881,634,37575Form
49Kuzoyan, VahePresidentDirectSell1072026100.6216,3881,649,02675Form
50Deeter, Byron B See footnoteSell122320250.000  Form
51Deeter, Byron B See footnoteSell122320250.000  Form
52Deeter, Byron B See footnoteSell121920250.000  Form
53Deeter, Byron B See footnoteSell121920250.000  Form
54Kuzoyan, VahePresidentDirectSell12182025105.303,038319,95479Form
55Mahdessian, AraChief Executive OfficerDirectSell12182025105.303,038319,95453Form
56Sherry, DavidChief Financial OfficerDirectSell12182025105.3011,6721,229,06234,936,513Form
57O'Connor, MicheleChief Accounting OfficerDirectSell12182025105.301,678176,6679,431,800Form
58Kuzoyan, VahePresidentDirectSell12172025103.9916,3881,704,18826Form
59Kuzoyan, VahePresidentDirectSell12172025102.8216,3881,685,01426Form
60Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell12112025106.8542,666  Form
61Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell12112025107.5688,525  Form
62Deeter, Byron B See footnoteSell121020250.000  Form
63O'Connor, MicheleChief Accounting OfficerDirectSell12102025104.252,500260,6259,512,656Form
64Deeter, Byron B See footnoteSell121020250.000  Form
65Sherry, DavidChief Financial OfficerDirectSell1204202592.7983377,29431,868,981Form
66Sherry, DavidChief Financial OfficerDirectSell1204202590.0583375,01231,002,932Form
67Sherry, DavidChief Financial OfficerDirectSell1119202585.6983371,38029,573,226Form
68Sherry, DavidChief Financial OfficerDirectSell1119202586.2083371,80529,821,041Form
69Kuzoyan, VahePresidentDirectSell1113202592.5216,3881,516,21823Form
70Kuzoyan, VahePresidentDirectSell1113202592.0316,3881,508,18823Form
71Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell1106202591.4046,542  Form
72Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell1106202591.7214,263  Form
73Sherry, DavidChief Financial OfficerDirectSell1022202596.3985382,22133,426,582Form
74Sherry, DavidChief Financial OfficerDirectSell1022202593.0483377,50232,344,216Form
75Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell1015202596.0332,000  Form
76Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell1015202597.8532,000  Form
77Deeter, Byron B See footnoteSell101420250.000  Form
78Bessemer, Venture Partners Viii LP See footnoteSell10142025101.3349249,854718,408,927Form
79Deeter, Byron B See footnoteSell101420250.000  Form
80Bessemer, Venture Partners Viii LP See footnoteSell10142025101.3740,7634,132,145718,742,393Form
81Kuzoyan, VahePresidentDirectSell10092025100.7416,3881,650,92725Form
82Kuzoyan, VahePresidentDirectSell1009202599.9516,3881,637,98125Form
83Kuzoyan, VahePresidentDirectSell9252025104.8116,6901,749,27926Form
84Kuzoyan, VahePresidentDirectSell9252025107.8316,5041,779,62627Form
85Deeter, Byron B See footnoteSell92320250.000  Form
86Bessemer, Venture Partners Viii LP See footnoteSell9232025118.2128,2453,338,944842,987,271Form
87Bessemer, Venture Partners Viii LP See footnoteSell9182025117.327,039825,815839,928,489Form
88Deeter, Byron B See footnoteSell91820250.000  Form
89Kuzoyan, VahePresidentDirectSell9182025116.043,059354,93729Form
90Mahdessian, AraChief Executive OfficerDirectSell9182025116.043,059  Form
91Sherry, DavidChief Financial OfficerDirectSell9182025116.0411,7461,363,06440,373,536Form
92O'Connor, MicheleChief Accounting OfficerDirectSell9182025116.055,188602,05110,879,208Form
93Bessemer, Venture Partners Viii LP See footnoteSell9182025117.1857,6886,759,880839,751,018Form
94Deeter, Byron B See footnoteSell91820250.000  Form
95Deeter, Byron B See footnoteSell91620250.000  Form
96Bessemer, Venture Partners Viii LP See footnoteSell9162025117.139,4951,112,149846,149,697Form
97Bessemer, Venture Partners Viii LP See footnoteSell9122025117.107,048825,307847,030,374Form
98Deeter, Byron B See footnoteSell91220250.000  Form
99Bessemer, Venture Partners Viii LP See footnoteSell9122025117.5314,5791,713,478850,987,470Form
100Deeter, Byron B See footnoteSell91220250.000  Form
101Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell9112025116.0142,666  Form
102Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell9112025118.4242,666  Form
103Deeter, Byron B See footnoteSell91020250.000  Form
104Bessemer, Venture Partners Viii LP See footnoteSell9102025118.89340,63340,497,925862,565,502Form
105Deeter, Byron B See footnoteSell91020250.000  Form
106Bessemer, Venture Partners Viii LP See footnoteSell9102025117.79370,55743,649,326894,735,625Form
107Sherry, DavidChief Financial OfficerDirectSell9042025102.961,499154,33737,032,061Form
108Sherry, DavidChief Financial OfficerDirectSell9042025103.901,499155,74637,525,901Form
109Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell8212025103.7145,185  Form
110Mahdessian, AraChief Executive Officerthe AMKE Trust dated February 1, 2019Sell8212025102.7140,147  Form
111Sherry, DavidChief Financial OfficerDirectSell813202598.601,499147,80135,759,484Form
112Sherry, DavidChief Financial OfficerDirectSell8132025100.331,499150,39536,537,302Form
113Kuzoyan, VahePresidentDirectSell8062025112.0224,582  Form
114Kuzoyan, VahePresidentDirectSell8062025114.4624,598  Form

Investor Activity (13F)

Updated Sep 10, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Deer Management Co. LLC$321.6 Mil51.7%10TRIM -12.6%13F
Battery Management Corp.$209.4 Mil49.2%5Hold13F
ICONIQ Capital, LLC$731.5 Mil16.4%96Hold13F
Cypress Point Investment Management LP$25.6 Mil6.0%32ADD +1091.7%13F
Greenoaks Capital Partners LLC$79.0 Mil3.4%10TRIM -19.8%13F
Scge Management, L.P.$78.0 Mil2.4%21Hold13F
Dragoneer Investment Group, LLC $63.5 Mil2.1%17Hold13F
No Street GP LP$25.7 Mil1.7%31New13F
Sands Capital Alternatives, LLC$5.7 Mil1.4%21Hold13F
Generation Investment Management LLP$111.1 Mil1.0%29Hold13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
No Street GP LP$25.7 Mil1.7%31New13F
Cypress Point Investment Management LP$25.6 Mil6.0%32ADD +1091.7%13F
Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
Atreides Management, LP$84.4 Mil1.8%49ExitedDec 31, 202513F
Greenoaks Capital Partners LLC$79.0 Mil3.4%10TRIM -19.8%Mar 31, 202613F
Deer Management Co. LLC$321.6 Mil51.7%10TRIM -12.6%Mar 31, 202613F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
ICONIQ Capital, LLC$731.5 Mil16.4%96Hold13F
Deer Management Co. LLC$321.6 Mil51.7%10TRIM -12.6%13F
Battery Management Corp.$209.4 Mil49.2%5Hold13F
Generation Investment Management LLP$111.1 Mil1.0%29Hold13F
Greenoaks Capital Partners LLC$79.0 Mil3.4%10TRIM -19.8%13F
Scge Management, L.P.$78.0 Mil2.4%21Hold13F
Dragoneer Investment Group, LLC $63.5 Mil2.1%17Hold13F
No Street GP LP$25.7 Mil1.7%31New13F
Cypress Point Investment Management LP$25.6 Mil6.0%32ADD +1091.7%13F
Sands Capital Alternatives, LLC$5.7 Mil1.4%21Hold13F
Core Cache Last Updated: 9/9/2026