Tyler Technologies Income Statement
TYL / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Tyler Technologies reported $2.3B in revenue and $316M in net income for FY2025. Revenue has grown at a 16.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | $2.0B | $1.1B | $1.6B | $935.3M | $840.9M | $759.9M | $591.0M | $759.9M | $591.0M | $112.6M | $309.4M | $288.6M | $290.3M |
| Cost of Revenue | $1.2B | $1.2B | $1.1B | $574.2M | $882.6M | $495.7M | $441.5M | $400.7M | $313.8M | $400.7M | $313.8M | $259.7M | $167.5M | $160.3M | $161.5M |
| Gross Profit | $1.1B | $935.8M | $861.1M | $542.5M | $709.6M | $439.6M | $399.4M | $359.2M | $277.2M | $359.2M | $277.2M | $233.4M | $141.9M | $128.3M | $128.8M |
| SG&A Expense | $316.4M | $300.9M | $308.6M | $161.1M | $390.6M | $207.6M | $175.9M | $165.2M | $133.3M | $165.2M | $133.3M | $108.3M | $75.7M | $69.5M | $70.1M |
| Operating Income | $357.7M | $299.5M | $218.5M | $172.9M | $180.7M | $152.5M | $162.8M | $137.7M | $108.0M | $137.7M | $108.0M | $94.8M | $46.5M | $41.6M | $44.8M |
| Interest Expense | - | - | - | -$1.0M | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $74.7M | $45.1M | $32.3M | -$19.8M | -$2.5M | $8.4M | -$6.1M | $22.0M | $43.6M | $22.0M | $43.6M | $35.5M | $16.6M | $14.8M | $17.6M |
| Net Income | $315.6M | $263.0M | $165.9M | $194.8M | $161.5M | $147.5M | $169.6M | $113.7M | $64.9M | $113.7M | $64.9M | $58.9M | $27.6M | $25.1M | $27.0M |
| EPS (Basic) | $3.95 | $3.95 | $3.95 | $4.87 | $3.79 | $3.84 | $4.55 | $3.12 | $1.90 | $1.79 | $1.23 | $1.09 | $0.88 | $0.74 | $0.77 |
| EPS (Diluted) | $3.88 | $3.87 | $3.82 | $4.69 | $3.65 | $3.68 | $4.32 | $2.92 | $1.77 | $1.66 | $1.13 | $1.00 | $0.83 | $0.71 | $0.74 |
| Shares Outstanding | 42.8M | 42.4M | 42.2M | 41.5M | 40.1M | 40.1M | 39.2M | 39.0M | 36.6M | 35.4M | 34.6M | 32.9M | 33.2M | 33.7M | 36.6M |
| Gross Margin | 46.5% | 43.8% | 44.1% | 48.6% | 44.6% | 47.0% | 47.5% | 47.3% | 46.9% | 47.3% | 46.9% | 207.2% | 45.9% | 44.5% | 44.4% |
| Operating Margin | 15.3% | 14.0% | 11.2% | 15.5% | 11.3% | 16.3% | 19.4% | 18.1% | 18.3% | 18.1% | 18.3% | 84.2% | 15.0% | 14.4% | 15.4% |
| Profit Margin | 13.5% | 12.3% | 8.5% | 17.4% | 10.1% | 15.8% | 20.2% | 15.0% | 11.0% | 15.0% | 11.0% | 52.3% | 8.9% | 8.7% | 9.3% |