TechTarget, Inc (TTGT) Income Statement
TTGT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTTGT revenue and net income
Where TTGT's revenue goes
2025Each bar shows an amount and its share of revenue. TTGT kept −207.1% of revenue as net income.
TTGT profit margins
TTGT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +70.9% | +35.2% | +26.8% | +15.8% |
| Gross profit | +13.2% | +17.2% | +12.6% | +9.4% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −625.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TTGT quarterly EPS vs estimates
TechTarget beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 9, 2026 (estimate $0.26).
TTGT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $486.8M | $284.9M | $230.0M | $197.1M | $263.4M | $148.4M | $134.0M | $121.3M | $108.6M | $106.6M |
| Cost of revenue | $285.8M | $107.3M | $75,537 | $72.3M | $71.2M | $37.3M | $31.9M | $29.0M | $28.3M | $30.2M |
| Gross profit | $201.0M | $177.6M | $154,426 | $124.8M | $192.2M | $111.0M | $102.1M | $92.4M | $80.2M | $76.4M |
| Research & development | $10.8M | $11.4M | $10,911 | $7.9M | $11.6M | $7.8M | $8.1M | $8.9M | $8.2M | $8.0M |
| Sales, general & admin | $222.4M | $141.6M | $131,258 | $87.8M | $130.7M | $74.4M | $66.5M | $62.3M | $57.0M | $56.7M |
| Total operating expenses | $233.2M | $296.8M | $142,169 | $135.9M | $157.9M | $88.2M | $79.4M | $75.8M | $69.8M | $69.6M |
| Operating income | −$32.2M | −$119.1M | −$2,269 | −$11.1M | $34.4M | $22.8M | $22.7M | $16.6M | $10.4M | $6.8M |
| Interest income | $936,000 | $4.1M | $11.7M | $861,000 | $61,000 | — | $691,000 | $1.8M | $693,000 | $1.8M |
| Interest expense | $9.3M | $17.7M | $11,655 | $10.8M | $23.3M | $317,000 | $691,000 | $1.8M | $693,000 | $1.8M |
| Income before taxes | −$1.04B | −$129.4M | $14,419 | −$21.1M | $11.1M | $22.5M | $22.0M | $14.8M | $9.7M | $5.0M |
| Income taxes | −$33.4M | −$12.5M | $9,958 | −$16.9M | $10.1M | $5.4M | $5.2M | $1.9M | $2.9M | $2.6M |
| Net income | −$1.01B | −$116.9M | $4,461 | −$4.3M | $949,000 | $17.1M | $16.9M | $13.0M | $6.8M | $2.4M |
| EBITDA | −$927.5M | −$61.4M | −$2,269 | $11.8M | $43.0M | $29.8M | $27.7M | $21.2M | $15.0M | $11.7M |
| EPS (diluted) | −$7.14 | $1.36 | $1.71 | $2.57 | $2.21 | $1.23 | $0.98 | $0.67 | $0.43 | $0.31 |
| Gross margin | 41.3% | 62.4% | 0.1% | 63.3% | 73.0% | 74.8% | 76.2% | 76.1% | 73.9% | 71.7% |
| Operating margin | −6.6% | −41.8% | −0.0% | −5.6% | 13.0% | 15.4% | 17.0% | 13.7% | 9.6% | 6.4% |
| Net margin | −207.1% | −41.0% | 0.0% | −2.2% | 0.4% | 11.5% | 12.6% | 10.7% | 6.3% | 2.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $106.0M | $140.7M | $274,000 | $119.9M | $104.8M | $100.4M | $58.5M | $63.0M | $58.7M | $57.3M | $57.1M |
| Cost of revenue | $51.7M | $70.7M | $50.9M | −$74.7M | $51.2M | $34.6M | $32.8M | $22.0M | $26.7M | $24.0M | $23.2M | $18.9M |
| Gross profit | $64.5M | $35.4M | $89.8M | $74.9M | $68.8M | $70.2M | $67.6M | $36.5M | $36.3M | $34.7M | $34.1M | $38.2M |
| Research & development | $3.4M | $3.7M | $2.6M | $2.9M | $2.6M | $2.5M | $2.9M | $2.9M | $2.9M | $3.0M | $3.1M | $2.7M |
| Sales, general & admin | $51.6M | $52.3M | $52.0M | $56.9M | $56.0M | $49.3M | $45.6M | $28.9M | $31.5M | $32.0M | $34.6M | $31.3M |
| Total operating expenses | $86.6M | $55.9M | $77.3M | $257.5M | $479.1M | $130.6M | $96.7M | $38.3M | $70.7M | $57.1M | $37.8M | $37.7M |
| Operating income | −$22.1M | −$20.5M | $12.5M | −$182.5M | −$410.3M | −$60.4M | $3.7M | −$1.8M | −$34.4M | −$22.5M | −$3.7M | $469,000 |
| Interest income | $51,000 | $52,000 | $22,000 | $26,000 | $62,000 | $826,000 | $800,000 | $3.6M | $3.3M | $3.1M | — | $2.8M |
| Interest expense | $2.2M | $2.1M | $2.2M | $2.4M | $2.8M | $17.7M | $424,000 | $5.8M | $6.2M | $6.2M | $3,192 | $2.8M |
| Income before taxes | −$23.7M | −$82.1M | −$16.7M | −$109.7M | −$418.3M | −$64.7M | −$42.0M | $1.8M | −$39.2M | −$27.2M | −$511,000 | $8.3M |
| Income taxes | −$2.0M | −$11.4M | −$7.3M | −$33.0M | −$19.6M | −$9.3M | — | $3.5M | $966,000 | −$7.7M | $1.1M | $6.6M |
| Net income | −$21.7M | −$70.8M | −$9.5M | −$76.8M | −$398.7M | −$55.4M | −$39.7M | −$1.7M | −$40.2M | −$19.5M | −$1.6M | $1.7M |
| EBITDA | $4.7M | −$54.2M | $11.5M | −$81.0M | −$389.1M | −$42.8M | — | $12.3M | −$21.3M | −$9.7M | $5.0M | $13.7M |
| EPS (diluted) | −$0.18 | −$0.26 | $0.06 | −$0.09 | −$7.32 | $0.21 | $0.21 | $0.42 | $0.42 | $0.31 | $0.42 | $0.43 |
| Gross margin | 55.5% | 33.4% | 63.8% | 27,348.9% | 57.3% | 67.0% | 67.4% | 62.3% | 57.6% | 59.1% | 59.5% | 66.8% |
| Operating margin | −19.0% | −19.4% | 8.9% | −66,611.7% | −342.1% | −57.6% | 3.7% | −3.2% | −54.7% | −38.3% | −6.5% | 0.8% |
| Net margin | −18.7% | −66.7% | −6.7% | −28,021.2% | −332.4% | −52.9% | −39.6% | −2.9% | −63.8% | −33.3% | −2.8% | 3.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TTGT's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TTGT financial results
In fiscal year 2025 (ended December 31, 2025), TechTarget reported revenue of $486.8 million, up 70.9% from the year before. It had a net loss of $1.0 billion, a net profit margin of −207.1%. Diluted earnings per share came to −$7.14. Over five years revenue grew at an average rate of 26.8% a year.
See the TTGT stock overview for the latest quote and news, or the TTGT chart for price history and technical indicators.
TTGT income statement FAQ
What is TechTarget's annual revenue?
TechTarget reported total revenue of $486.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 70.9% from $284.9 million the previous year.
Is TechTarget profitable?
No. TechTarget reported a net loss of $1.0 billion in fiscal 2025, a net profit margin of −207.1%; its operating margin was −6.6%.
What is TechTarget's gross margin?
TechTarget's gross margin was 41.3% in fiscal 2025: for every $100 of revenue, TechTarget kept $41 after the direct cost of its products and services.
How much does TechTarget spend on research and development?
TechTarget spent $10.8 million on research and development in fiscal 2025, 2.2% of revenue.
How fast is TechTarget growing?
Revenue grew 26.8% a year on average over the last five fiscal years, from $148.4 million to $486.8 million.
What are TechTarget's earnings per share?
TechTarget earned $-7.14 per diluted share in fiscal 2025, compared with $1.36 a year earlier.
When will TechTarget report its next earnings?
TechTarget is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does TechTarget's fiscal year end?
TechTarget's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.