Tyler Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	315.6	263.03	165.92	164.24	161.46
Depreciation & Amortization	138.36	143.44	154.08	159.07	135.62
Stock-Based Compensation	151.28	122.81	108.34	102.99	104.73
Other Adjustments	68.08	-27	-48.31	-71.4	-0.22
Change in Receivables	-61.69	28.8	-39.88	-51.41	17.61
Changes in Accounts Payable	17.84	10.51	41.49	-17.54	-44.95
Changes in Accrued Expenses	-3.34	43.39	13.07	-24.34	-24.82
Changes in Income Taxes Payable	-12	-14.44	-41.2	61.94	10.26
Changes in Unearned Revenue	70.29	90.78	58.51	59.46	44.87
Changes in Other Operating Activities	-30.87	-36.66	-31.58	-1.55	-32.8
Operating Cash Flow	653.54	624.63	380.44	381.46	371.75
Operating Cash Flow Growth	4.63%	64.19%	-0.27%	2.61%	4.69%
Capital Expenditures	-16.02	-20.54	-20.52	-22.53	-33.92
Purchases of Intangible Assets	-16.78	-29.4	-32.49	-27.62	-21.69
Purchases of Investments	-228.47	-32.45	-10.62	-29.94	-77.45
Proceeds from Sale of Investments	121.89	15.99	49.41	71.03	131.45
Payments for Business Acquisitions	-83.65	-1.4	-62.76	-163.92	-2,090
Other Investing Activities	0.53	0.17	0.01	0.44	0.38
Investing Cash Flow	-222.49	-67.61	-76.96	-172.53	-2,091
Long-Term Debt Issued	-	-	-	-	1,500
Long-Term Debt Repaid	-	-50	-345	-360	-145
Net Long-Term Debt Issued (Repaid)	-	-50	-345	-360	1,355
Issuance of Common Stock	21.99	74.84	33.16	15.76	109.87
Repurchase of Common Stock	-174.65	-	-	-	-12.98
Net Common Stock Issued (Repurchased)	-152.66	74.84	33.16	15.76	96.9
Other Financing Activities	-7.71	-2.64	-	-	-27.17
Financing Cash Flow	-160.37	22.21	-311.84	-344.24	1,425
Net Cash Flow	270.68	579.23	-8.36	-135.31	-294.45
Free Cash Flow	637.53	604.1	359.92	358.93	337.83
Free Cash Flow Growth	5.53%	67.84%	0.28%	6.24%	1.64%
FCF Margin	27.33%	28.26%	18.44%	19.40%	21.22%
Free Cash Flow Per Share	14.55	13.89	8.42	8.47	8.00
Levered Free Cash Flow	479.86	429.49	-5.23	18.75	1,571
Unlevered Free Cash Flow	453.47	472.12	356.76	402.09	237.82

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.