Tyler Technologies, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.59B | 1.85B | 1.95B | 2.14B | 2.33B | 9.1% | |
| Cost of Revenue | (927.49M) | (1.13B) | (1.17B) | (1.26B) | (1.31B) | 3.4% | |
Gross Profit | 664.79M | 722.50M | 786.47M | 876.13M | 1.03B | 17.3% | |
| Operating Expenses | |||||||
| Research & Development | (93.48M) | (105.18M) | (109.58M) | (117.94M) | (204.59M) | 73.5% | |
| Selling, General & Administrative | (365.48M) | (401.07M) | (458.35M) | (458.67M) | (465.02M) | 1.4% | |
| General & Administrative | — | — | — | (300.94M) | (316.45M) | 5.2% | |
| Selling & Marketing | — | — | — | (157.73M) | (148.57M) | -5.8% | |
| Depreciation & Amortization | (145.84M) | (172.04M) | (170.77M) | (152.37M) | (147.86M) | -3.0% | |
Operating Income (EBIT) | 205.84M | 216.25M | 218.54M | 299.53M | 357.68M | 19.4% | |
| Non-Operating Items | |||||||
| Interest Income | 1.54M | 1.72M | 3.33M | 14.57M | — | -100.0% | |
| Interest Expense | (23.30M) | (28.38M) | (23.63M) | (5.93M) | (5.00M) | -15.8% | |
| Other Income/Expenses (Net) | -46.85M | -28.66M | -20.30M | 8.64M | 32.64M | 277.8% | |
Income Before Tax | 158.98M | 187.59M | 198.24M | 308.17M | 390.32M | 26.7% | |
| Income Tax Expense | (2.48M) | (23.35M) | (32.32M) | (45.14M) | (74.72M) | 65.5% | |
Net Income | 161.46M | 164.24M | 165.92M | 263.03M | 315.60M | 20.0% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $4 | $4 | $4 | $6 | $7 | 18.6% | |
| Weighted Avg Shares Outstanding | 40.85M | 41.54M | 42.02M | 42.61M | 43.09M | 1.1% | |
| Weighted Avg Shares Outstanding (Diluted) | 42.24M | 42.40M | 42.77M | 43.50M | 43.81M | 0.7% | |
EBITDA | 328.12M | 388.01M | 392.63M | 466.47M | 543.18M | 16.4% |
Explore TYL
TYL in the Technology
Large Cap