TechTarget Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	446.51	284.9	252.1	197.09	138.89
Revenue Growth (YoY)	71.55%	13.01%	27.91%	41.91%	-
Cost of Revenue	175.45	107.26	98.83	72.31	55.96
Gross Profit	271.07	177.64	153.28	124.79	82.93
Selling, General & Admin	216.04	141.62	122.19	87.81	50.43
Research & Development	11.2	11.42	11.06	7.94	5.97
Amortization of Goodwill & Intangibles	82.8	48.02	42.15	21.55	8.29
Operating Expenses	312.07	202.67	176.3	117.92	65.1
Operating Income	-41	-25.03	-23.02	6.87	17.84
Interest Expense	-6.64	-17.74	-24.65	-10.76	-0.52
Interest & Investment Income	1.71	4.14	3.49	0.52	0.06
Currency Exchange Gain (Loss)	5.2	5.2	-1.1	-	-
Other Non Operating Income (Expenses)	-6.2	0.23	0.23	0.2	-0.15
EBT Excluding Unusual Items	-46.92	-33.2	-45.06	-3.18	17.23
Merger & Restructuring Charges	-54.77	-48.26	-6.07	-9.79	-1.95
Impairment of Goodwill	-987.84	-66.24	-139.65	-	-
Asset Writedown	-	-2.02	-0.58	-0.18	-
Other Unusual Items	22.58	20.32	123.94	-8	-
Pretax Income	-1,067	-129.4	-67.4	-21.14	15.28
Income Tax Expense	-28.4	-12.54	-9.63	-16.86	-2.67
Net Income	-1,039	-116.86	-57.78	-4.29	17.94
Net Income to Common	-1,039	-116.86	-57.78	-4.29	17.94
Shares Outstanding (Basic)	66	44	42	42	-
Shares Outstanding (Diluted)	66	44	42	42	-
Shares Change (YoY)	59.65%	5.77%	-	-	-
EPS (Basic)	-15.62	-2.65	-1.39	-0.10	-
EPS (Diluted)	-15.62	-2.65	-1.39	-0.10	-
Free Cash Flow	-24.95	-65.27	-15.09	27.65	34.91
Free Cash Flow Per Share	-0.38	-1.48	-0.36	0.66	-
Gross Margin	60.71%	62.35%	60.80%	63.31%	59.71%
Operating Margin	-9.18%	-8.79%	-9.13%	3.48%	12.84%
Profit Margin	-232.59%	-41.02%	-22.92%	-2.17%	12.92%
Free Cash Flow Margin	-5.59%	-22.91%	-5.99%	14.03%	25.13%
EBITDA	53.58	25.19	20.08	29.03	26.53
EBITDA Margin	12.00%	8.84%	7.96%	14.73%	19.10%
D&A For EBITDA	94.57	50.22	43.1	22.17	8.7
EBIT	-41	-25.03	-23.02	6.87	17.84
EBIT Margin	-9.18%	-8.79%	-9.13%	3.48%	12.84%
Advertising Expenses	-	0.3	0.7	0.5	-

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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