TechTarget, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $486.8M | $284.9M | $252.1M | $197.1M | — |
| Cost of revenue | $193.5M | $107.3M | $98.8M | $72.3M | — |
| Gross profit | $293.3M | $177.6M | $153.3M | $124.8M | — |
| Research and development | $10.8M | $11.4M | $11.1M | $7.9M | — |
| Operating expenses | $1.3B | $296.8M | $198.6M | $135.9M | — |
| Operating income | -$1.0B | -$119.1M | -$45.4M | -$11.1M | — |
| Interest expense | — | — | $24.6M | — | — |
| Pretax income | -$1.0B | -$129.4M | -$67.4M | -$21.1M | — |
| Income tax expense | -$33.4M | -$12.5M | -$9.6M | -$16.9M | — |
| Net income | -$1.0B | -$116.9M | -$57.8M | -$4.3M | — |
| Balance Sheet | |||||
| Cash and equivalents | $40.6M | $276.0M | $10.8M | — | — |
| Current assets | $155.4M | $455.6M | $166.4M | — | — |
| Total assets | $937.3M | $2.3B | $927.5M | — | — |
| Current liabilities | $126.6M | $535.3M | $594.6M | — | — |
| Total liabilities | $342.7M | $694.6M | $981.9M | — | — |
| Stockholders' equity | $594.6M | $1.6B | -$54.3M | -$14.3M | -$194.5M |
| Cash Flow Statement | |||||
| Cash from operations | $16.3M | -$64.9M | -$12.5M | $28.1M | — |
| Depreciation and amortization | $2.4M | $1.6M | $895,000 | $620,000 | — |
| Stock-based compensation | $19.1M | $2.4M | $1.2M | $914,000 | — |
| Capital expenditure | $387,000 | $420,000 | $2.6M | $413,000 | — |
| Free cash flow | $15.9M | -$65.3M | -$15.1M | $27.6M | — |
| Impairments | $1.0B | $116.9M | $139.6M | $0 | — |
Shares outstanding 72.3M · Free float 42.0%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.