Tyler Technologies, Inc. (TYL)

Tyler Technologies Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,138	1,952	1,850	1,592	1,117
Revenue Growth (YoY)	9.53%	5.49%	16.20%	42.59%	2.78%
Cost of Revenue	1,202	1,091	1,066	882.64	574.15
Gross Profit	935.76	861.1	783.86	709.64	542.51
Selling, General & Admin	429.67	458.35	403.07	390.58	259.56
Research & Development	117.94	109.59	105.18	93.48	88.36
Operating Expenses	607.24	642.56	569.61	528.91	369.59
Operating Income	328.53	218.54	214.25	180.74	172.93
Interest Expense	-5.93	-23.63	-28.38	-23.3	-1.01
Interest & Investment Income	14.57	3.33	1.72	1.54	3.13
EBT Excluding Unusual Items	337.17	198.24	187.59	158.98	175.04
Merger & Restructuring Charges	-29	-	-	-	-
Pretax Income	308.17	198.24	187.59	158.98	175.04
Income Tax Expense	45.14	32.32	23.35	-2.48	-19.78
Net Income	263.03	165.92	164.24	161.46	194.82
Net Income to Common	263.03	165.92	164.24	161.46	194.82
Net Income Growth	58.53%	1.02%	1.72%	-17.13%	32.96%
Shares Outstanding (Basic)	43	42	42	41	40
Shares Outstanding (Diluted)	43	43	42	42	42
Shares Change (YoY)	1.70%	0.87%	0.37%	1.73%	3.54%
EPS (Basic)	6.17	3.95	3.95	3.95	4.87
EPS (Diluted)	6.05	3.88	3.87	3.82	4.69
EPS Growth	55.93%	0.26%	1.31%	-18.55%	28.49%
Free Cash Flow	604.1	359.92	358.93	337.83	332.4
Free Cash Flow Per Share	13.89	8.41	8.46	8.00	8.01
Gross Margin	43.77%	44.12%	42.37%	44.57%	48.58%
Operating Margin	15.37%	11.20%	11.58%	11.35%	15.49%
Profit Margin	12.30%	8.50%	8.88%	10.14%	17.45%
Free Cash Flow Margin	28.26%	18.44%	19.40%	21.22%	29.77%
EBITDA	414.59	323	313.2	268.43	221.42
EBITDA Margin	19.39%	16.55%	16.93%	16.86%	19.83%
D&A For EBITDA	86.07	104.46	98.95	87.7	48.5
EBIT	328.53	218.54	214.25	180.74	172.93
EBIT Margin	15.37%	11.20%	11.58%	11.35%	15.49%
Effective Tax Rate	14.65%	16.30%	12.45%	-	-
Revenue as Reported	2,138	1,952	1,850	1,592	1,117

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q