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TechTarget (TTGT) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 11, 2026

TechTarget (TTGT) reported revenue of $141M for the fourth quarter 2025 (Q4 2025), +40% from a year earlier and +15% from the quarter before. Operating margin was -10.5%, net loss $9.5M (6.7% of revenue).

Revenue$141M
Year over year+40%
Quarter over quarter+15%
Operating margin-10.5%
Net earnings−$9.5M

TechTarget, Q4 2025: revenue $141M (+40% year over year), operating margin -10.5%, net loss $9.5M, operating cash flow $11.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$141M+15%+40%
Operating profit−$14.8M——
Net earnings−$9.5M——
Operating cash flow$11.8M——
Free cash flow$11.6M——

What changed

Revenue was $140.7M in Q4 2025, up 40% year over year and up 15% from the previous quarter. Marketing Advertising Services and Sponsorship was the largest line at 76% of revenue.

Gross margin was 63.8%, down 3.5 points from a year earlier. Operating costs exceeded revenue by $14.8M, an operating margin of -10.5%. Operating expenses fell 9% while revenue rose 40%. The fastest-growing cost line was Sales & marketing (+62%). The quarter ended with a net loss of $9.5M, narrower than the previous quarter's $76.8M loss.

Operating cash flow was $11.8M. Non-cash charges added back $26.0M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items used $8.2M. Capital expenditures of $175K left free cash flow of $11.6M.

Questions

What was TechTarget's revenue in the fourth quarter 2025?

TechTarget (TTGT) reported revenue of $141M for the fourth quarter 2025 (Q4 2025), +40% from a year earlier and +15% from the quarter before.

Was TechTarget profitable in the fourth quarter 2025?

Operating loss was $14.8M (-10.5% of revenue) and net loss $9.5M.

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Source: TechTarget 10-K on SEC EDGAR.