Tyler Technologies, Inc. (TYL) — Financial statements
Income statement, balance sheet, and cash flow for Tyler Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,332↑9.1% | 2,138↑9.5% | 1,952↑5.5% | 1,850↑16.2% | 1,592 | |
| Cost of Revenue | 1,305↑3.4% | 1,262↑8.3% | 1,165↑3.3% | 1,128↑21.6% | 927 | |
| Gross Profit | 1,027↑17.3% | 876↑11.4% | 786↑8.9% | 723↑8.7% | 665 | |
| Operating Expenses | ||||||
| R&D Expenses | 205↑73.5% | 118↑7.6% | 110↑4.2% | 105↑12.5% | 93 | |
| General & Administrative Expenses | 316↑5.2% | 301 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 149↓5.8% | 158 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 465↑1.4% | 459↑0.1% | 458↑14.3% | 401↑9.7% | 365 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 670↑16.1% | 577↑1.5% | 568↑12.2% | 506↑10.3% | 459 | |
| Total Costs & Expenses | 1,975↑7.4% | 1,838↑6.1% | 1,733↑6.1% | 1,634↑17.9% | 1,386 | |
| Operating Results | ||||||
| Operating Income | 358↑19.4% | 300↑37.1% | 219↑1.1% | 216↑5.1% | 206 | |
| Depreciation & Amortization | 148↓3.0% | 152↓10.8% | 171↓0.7% | 172↑18.0% | 146 | |
| EBITDA | 506↑8.4% | 466↑18.8% | 393↑1.2% | 388↑18.3% | 328 | |
| EBIT | 358↑13.9% | 314↑41.6% | 222↑2.7% | 216↑18.5% | 182 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5↓157.8% | 9↑142.6% | -20↑23.8% | -27↓22.5% | -22 | |
| Interest Income | 0.00↓100.0% | 15↑337.9% | 3↑93.2% | 2↑11.6% | 2 | |
| Interest Expense | 5↓15.8% | 6↓74.9% | 24↓16.7% | 28↑21.8% | 23 | |
| Non-Operating Income | 0.00↑100.0% | -15↓337.9% | -3↓1301.4% | 0.28↓98.8% | 24 | |
| Other Income / Expenses | 33↑277.8% | 9↑142.6% | -20↑29.2% | -29↑38.8% | -47 | |
| Income Before Tax | 390↑26.7% | 308↑55.5% | 198↑5.7% | 188↑18.0% | 159 | |
| Income Tax Expense | 75↑65.5% | 45↑39.7% | 32↑38.4% | 23↑1042.8% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 316↑20.0% | 263↑58.5% | 166↑1.0% | 164↑1.7% | 161 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 316↑20.0% | 263↑58.5% | 166↑1.0% | 164↑1.7% | 161 | |
| Bottom-Line Net Income | 316↑20.0% | 263↑58.5% | 166↑1.0% | 164↑1.7% | 161 | |
| EPS (Basic) | 7.32↑18.6% | 6.17↑56.2% | 3.95↑0.0% | 3.95↑0.0% | 3.95 | |
| EPS (Diluted) | 7.20↑19.0% | 6.05↑55.9% | 3.88↑0.3% | 3.87↑1.3% | 3.82 | |
| Weighted Average Shares | 43↑1.1% | 43↑1.4% | 42↑1.2% | 42↑1.7% | 41 | |
| Weighted Average Diluted Shares | 44↑0.7% | 43↑1.7% | 43↑0.9% | 42↑0.4% | 42 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.