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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and ServiceTitan, Inc. (TTAN). Click either name above to swap in a different company.

Artisan Partners Asset Management Inc. is the larger business by last-quarter revenue ($335.5M vs $249.2M, roughly 1.3× ServiceTitan, Inc.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs -15.9%, a 51.1% gap on every dollar of revenue. On growth, ServiceTitan, Inc. posted the faster year-over-year revenue change (25.0% vs 12.9%). Artisan Partners Asset Management Inc. produced more free cash flow last quarter ($171.6M vs $42.2M).

Artisan Partners is an American asset management company headquartered in Milwaukee, Wisconsin. Outside the United States, the company has offices in Dublin, Hong Kong, London, Singapore and Sydney.

Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent holding company of Google and several former Google subsidiaries. Alphabet is listed on the large-cap section of the Nasdaq under the ticker symbols GOOGL and GOOG; both classes of stock are components of major stock market indices such as the S&P 500 and Nasdaq-100. Alphabet ha...

APAM vs TTAN — Head-to-Head

Bigger by revenue
APAM
APAM
1.3× larger
APAM
$335.5M
$249.2M
TTAN
Growing faster (revenue YoY)
TTAN
TTAN
+12.1% gap
TTAN
25.0%
12.9%
APAM
Higher net margin
APAM
APAM
51.1% more per $
APAM
35.2%
-15.9%
TTAN
More free cash flow
APAM
APAM
$129.4M more FCF
APAM
$171.6M
$42.2M
TTAN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
APAM
APAM
TTAN
TTAN
Revenue
$335.5M
$249.2M
Net Profit
$118.1M
$-39.5M
Gross Margin
70.8%
Operating Margin
39.2%
-16.9%
Net Margin
35.2%
-15.9%
Revenue YoY
12.9%
25.0%
Net Profit YoY
34.9%
14.9%
EPS (diluted)
$1.36
$-0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APAM
APAM
TTAN
TTAN
Q4 25
$335.5M
$249.2M
Q3 25
$301.3M
$242.1M
Q2 25
$282.7M
$215.7M
Q1 25
$277.1M
$209.3M
Q4 24
$297.1M
$199.3M
Q3 24
$279.6M
Q2 24
$270.8M
$170.3M
Q1 24
$264.4M
Net Profit
APAM
APAM
TTAN
TTAN
Q4 25
$118.1M
$-39.5M
Q3 25
$66.8M
$-32.2M
Q2 25
$67.6M
$-46.4M
Q1 25
$61.1M
$-100.9M
Q4 24
$87.5M
$-46.5M
Q3 24
$73.0M
Q2 24
$57.6M
$-56.0M
Q1 24
$59.5M
Gross Margin
APAM
APAM
TTAN
TTAN
Q4 25
70.8%
Q3 25
70.8%
Q2 25
68.8%
Q1 25
66.0%
Q4 24
65.2%
Q3 24
Q2 24
62.2%
Q1 24
Operating Margin
APAM
APAM
TTAN
TTAN
Q4 25
39.2%
-16.9%
Q3 25
33.8%
-14.4%
Q2 25
28.2%
-23.0%
Q1 25
31.2%
-47.7%
Q4 24
36.7%
-22.1%
Q3 24
33.3%
Q2 24
32.0%
-31.4%
Q1 24
29.4%
Net Margin
APAM
APAM
TTAN
TTAN
Q4 25
35.2%
-15.9%
Q3 25
22.2%
-13.3%
Q2 25
23.9%
-21.5%
Q1 25
22.1%
-48.2%
Q4 24
29.5%
-23.3%
Q3 24
26.1%
Q2 24
21.3%
-32.9%
Q1 24
22.5%
EPS (diluted)
APAM
APAM
TTAN
TTAN
Q4 25
$1.36
$-0.42
Q3 25
$0.93
$-0.35
Q2 25
$0.94
$-0.51
Q1 25
$0.82
$-3.34
Q4 24
$0.99
$-1.74
Q3 24
$1.03
Q2 24
$0.80
$-2.02
Q1 24
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APAM
APAM
TTAN
TTAN
Cash + ST InvestmentsLiquidity on hand
$493.2M
Total DebtLower is stronger
$190.0M
$103.6M
Stockholders' EquityBook value
$438.8M
$1.5B
Total Assets
$1.6B
$1.8B
Debt / EquityLower = less leverage
0.43×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
TTAN
TTAN
Q4 25
$493.2M
Q3 25
$471.5M
Q2 25
$420.3M
Q1 25
$441.8M
Q4 24
$133.8M
Q3 24
Q2 24
$116.2M
Q1 24
Total Debt
APAM
APAM
TTAN
TTAN
Q4 25
$190.0M
$103.6M
Q3 25
$190.0M
$103.7M
Q2 25
$200.0M
$103.9M
Q1 25
$200.0M
$104.0M
Q4 24
$200.0M
$174.2M
Q3 24
$200.0M
Q2 24
$200.0M
Q1 24
$200.0M
Stockholders' Equity
APAM
APAM
TTAN
TTAN
Q4 25
$438.8M
$1.5B
Q3 25
$402.1M
$1.5B
Q2 25
$381.8M
$1.5B
Q1 25
$356.5M
$1.5B
Q4 24
$388.9M
$-576.8M
Q3 24
$372.1M
Q2 24
$341.2M
$-506.0M
Q1 24
$320.3M
Total Assets
APAM
APAM
TTAN
TTAN
Q4 25
$1.6B
$1.8B
Q3 25
$1.6B
$1.8B
Q2 25
$1.4B
$1.7B
Q1 25
$1.4B
$1.8B
Q4 24
$1.6B
$1.5B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
APAM
APAM
TTAN
TTAN
Q4 25
0.43×
0.07×
Q3 25
0.47×
0.07×
Q2 25
0.52×
0.07×
Q1 25
0.56×
0.07×
Q4 24
0.51×
Q3 24
0.54×
Q2 24
0.59×
Q1 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APAM
APAM
TTAN
TTAN
Operating Cash FlowLast quarter
$172.0M
$43.8M
Free Cash FlowOCF − Capex
$171.6M
$42.2M
FCF MarginFCF / Revenue
51.2%
16.9%
Capex IntensityCapex / Revenue
0.1%
0.6%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$420.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
TTAN
TTAN
Q4 25
$172.0M
$43.8M
Q3 25
$40.4M
$40.3M
Q2 25
$50.9M
$-14.6M
Q1 25
$157.9M
Q4 24
$372.8M
$15.5M
Q3 24
$112.8M
Q2 24
$75.9M
$-19.2M
Q1 24
$147.0M
Free Cash Flow
APAM
APAM
TTAN
TTAN
Q4 25
$171.6M
$42.2M
Q3 25
$40.4M
$39.2M
Q2 25
$50.9M
$-15.9M
Q1 25
$157.7M
Q4 24
$371.3M
$14.5M
Q3 24
$112.4M
Q2 24
$75.2M
$-19.9M
Q1 24
$146.9M
FCF Margin
APAM
APAM
TTAN
TTAN
Q4 25
51.2%
16.9%
Q3 25
13.4%
16.2%
Q2 25
18.0%
-7.4%
Q1 25
56.9%
Q4 24
125.0%
7.3%
Q3 24
40.2%
Q2 24
27.8%
-11.7%
Q1 24
55.6%
Capex Intensity
APAM
APAM
TTAN
TTAN
Q4 25
0.1%
0.6%
Q3 25
0.0%
0.5%
Q2 25
0.0%
0.6%
Q1 25
0.1%
Q4 24
0.5%
0.5%
Q3 24
0.1%
Q2 24
0.2%
0.4%
Q1 24
0.0%
Cash Conversion
APAM
APAM
TTAN
TTAN
Q4 25
1.46×
Q3 25
0.60×
Q2 25
0.75×
Q1 25
2.58×
Q4 24
4.26×
Q3 24
1.54×
Q2 24
1.32×
Q1 24
2.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APAM
APAM

Segment breakdown not available.

TTAN
TTAN

Subscription Revenue$182.8M73%
Usage Revenue$56.8M23%
Professional Services And Other Revenue$9.6M4%

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