TTGT · Techtarget Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.47M | $58.91M | $51.64M | - | $57.13M | $58.43M | $57.11M | - | $77.41M | $78.88M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $36.45M | $36.80M | $31.78M | - | $38.18M | $39.33M | $39.09M | - | $57.64M | $58.43M |
| R&D | $2.95M | $2.64M | $2.75M | - | $2.70M | $2.46M | $2.61M | - | $2.79M | $3.08M |
| SG&A | $6.61M | $7.63M | $6.70M | - | $7.38M | $7.71M | $7.92M | - | $8.52M | $7.69M |
| Total Operating Expenses | $38.30M | $39.33M | $42.75M | - | $37.71M | $38.68M | $38.78M | - | $39.26M | $39.31M |
| D&A | - | - | $3.49M | - | - | - | $2.85M | - | - | - |
| Operating Income | ($1.85M) | ($2.53M) | ($10.97M) | - | $469.0K | $650.0K | $315.0K | - | $18.38M | $19.11M |
| Interest Expense | - | - | $551.0K | - | - | - | $643.0K | - | - | - |
| Income Tax | $3.48M | ($563.0K) | $2.19M | - | $6.55M | $890.0K | $1.43M | - | $3.43M | $5.72M |
| Net Income | ($1.72M) | $1.31M | ($10.09M) | - | $1.74M | $2.67M | $1.65M | - | $14.84M | $12.41M |
| EPS - Basic | ($0.06) | $0.05 | ($0.35) | - | $0.06 | $0.10 | $0.06 | - | $0.50 | $0.42 |
| EPS - Diluted | ($0.06) | $0.05 | ($0.35) | - | $0.06 | $0.10 | $0.06 | - | $0.46 | $0.38 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $278.52M | $237.41M | $230.44M | $226.67M | $212.11M | $238.02M | $307.09M | $344.52M | $364.27M | $374.14M |
| Accounts Receivable | $40.44M | $42.77M | $36.88M | $39.24M | $43.34M | $50.99M | $51.38M | $60.36M | $60.72M | $60.18M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.62M | $6.07M | $4.36M | $5.31M | $4.92M | $3.33M | $3.05M | $3.30M | $7.21M | $7.68M |
| Current Assets | $405.86M | $388.69M | $374.45M | $371.47M | $358.42M | $391.41M | $411.84M | $430.84M | $449.86M | $460.37M |
| Total Assets | $732.97M | $717.15M | $706.16M | $699.89M | $687.60M | $730.62M | $746.80M | $764.72M | $779.43M | $799.71M |
| Current Liabilities | $38.68M | $41.57M | $43.55M | $36.99M | $38.66M | $39.77M | $47.40M | $57.89M | $59.72M | $70.37M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $483.49M | $480.34M | $482.66M | $476.96M | $478.59M | $528.32M | $536.78M | $547.24M | $549.60M | $561.31M |
| Stockholders' Equity | $249.48M | $236.81M | $223.49M | $222.93M | $209.01M | $202.30M | $210.02M | $217.47M | $229.84M | $238.40M |
| Retained Earnings | $74.34M | $76.06M | $74.74M | $84.83M | $86.43M | $84.69M | $82.02M | $80.37M | $73.18M | $58.34M |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $9.29M | - | - | - | $18.22M | - | - | - |
| Investing Cash Flow | - | - | ($5.31M) | - | - | - | ($28.85M) | - | - | - |
| Financing Cash Flow | - | - | ($139.0K) | - | - | - | ($27.43M) | - | - | - |
| CapEx | - | - | $4.15M | - | - | - | $3.55M | - | - | - |
| Free Cash Flow | - | - | $5.14M | - | - | - | $14.67M | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 62.3% | 62.5% | 61.5% | - | 66.8% | 67.3% | 68.4% | - | 74.5% | 74.1% |
| Operating margin | -3.2% | -4.3% | -21.2% | - | 0.8% | 1.1% | 0.6% | - | 23.7% | 24.2% |
| EBITDA margin | - | - | -14.5% | - | - | - | 5.5% | - | - | - |
| Net margin | -2.9% | 2.2% | -19.5% | - | 3.0% | 4.6% | 2.9% | - | 19.2% | 15.7% |
| Free cash flow margin | - | - | 10.0% | - | - | - | 25.7% | - | - | - |
| FCF / Net income | - | - | -0.51 | - | - | - | 8.92 | - | - | - |
| R&D / Revenue | 5.0% | 4.5% | 5.3% | - | 4.7% | 4.2% | 4.6% | - | 3.6% | 3.9% |
| SG&A / Revenue | 11.3% | 12.9% | 13.0% | - | 12.9% | 13.2% | 13.9% | - | 11.0% | 9.7% |
| Effective tax rate | 197.4% | -75.2% | - | - | 79.0% | 25.0% | 46.5% | - | 18.8% | 31.5% |
| Return on assets | -0.2% | 0.2% | -1.4% | - | 0.3% | 0.4% | 0.2% | - | 1.9% | 1.6% |
| Return on equity | -0.7% | 0.6% | -4.5% | - | 0.8% | 1.3% | 0.8% | - | 6.5% | 5.2% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 10.49 | 9.35 | 8.60 | 10.04 | 9.27 | 9.84 | 8.69 | 7.44 | 7.53 | 6.54 |
| Quick ratio | 10.49 | 9.35 | 8.60 | 10.04 | 9.27 | 9.84 | 8.69 | 7.44 | 7.53 | 6.54 |
| Cash ratio | 7.20 | 5.71 | 5.29 | 6.13 | 5.49 | 5.99 | 6.48 | 5.95 | 6.10 | 5.32 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | -19.9x | - | - | - | 0.5x | - | - | - |
| Equity multiplier | 2.94 | 3.03 | 3.16 | 3.14 | 3.29 | 3.61 | 3.56 | 3.52 | 3.39 | 3.35 |
| Liabilities / Assets | 0.66 | 0.67 | 0.68 | 0.68 | 0.70 | 0.72 | 0.72 | 0.72 | 0.71 | 0.70 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | 0.08 | 0.07 | - | 0.08 | 0.08 | 0.08 | - | 0.10 | 0.10 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 252d | 265d | 261d | - | 277d | 319d | 328d | - | 286d | 278d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 623.4x | - | - | 506.0x | 311.3x | 602.0x | - | 128.7x | 172.9x |
| P / B | 2.8x | 3.8x | 4.2x | - | 4.1x | 4.9x | 5.0x | - | 8.7x | 9.4x |
| P / S | 12.1x | 15.3x | 18.3x | - | 15.0x | 17.1x | 18.3x | - | 26.0x | 28.6x |
| EV / EBITDA | - | - | - | - | - | - | 233.8x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.4% | 0.8% | -9.6% | - | -26.2% | -25.9% | -16.2% | - | 11.0% | 23.8% |
| Revenue CAGR (3y) | -5.7% | -2.6% | -0.8% | - | 16.4% | 18.9% | 22.0% | - | 31.8% | 32.0% |
| Revenue CAGR (5y) | 11.6% | 11.4% | 11.5% | - | 15.3% | 17.0% | 15.9% | - | 22.5% | 24.2% |
| Gross profit growth (YoY) | -4.5% | -6.4% | -18.7% | - | -33.8% | -32.7% | -21.1% | - | 10.5% | 27.5% |
| Operating income growth (YoY) | - | - | - | - | -97.4% | -96.6% | -97.1% | - | 157.7% | 60.2% |
| Net income growth (YoY) | - | -51.0% | - | - | -88.3% | -78.5% | -77.0% | - | 48.6% | 142.5% |
| EPS growth (YoY) | - | -50.0% | - | - | -87.0% | -73.7% | -73.9% | - | 43.8% | 123.5% |
| EPS CAGR (3y) | - | -33.5% | - | - | -37.0% | -16.2% | -9.1% | - | 34.3% | 36.3% |
| EPS CAGR (5y) | - | -19.7% | - | - | -14.3% | -7.8% | -3.0% | - | 45.7% | 50.0% |
| FCF growth (YoY) | - | - | -65.0% | - | - | - | -38.8% | - | - | - |
| FCF CAGR (5y) | - | - | -8.4% | - | - | - | 65.1% | - | - | - |
| Book value growth (YoY) | 19.4% | 17.1% | 6.4% | 2.5% | -9.1% | -15.1% | -12.9% | -2.4% | 10.2% | 23.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Geographic
$429.39M totalUS$175.04M · 40.8%
North America$153.95M · 35.9%
Non Us$76.01M · 17.7%
GB$24.38M · 5.7%
Peer comparison
Same SIC group: Telegraph & Other Message Communications
Comparing TechTarget Inc against the 5 most active filers in the same SIC group.