SequelSEC

TYLER TECHNOLOGIES INC TYL

Services-Prepackaged Software · CIK 0000860731 · Fiscal year ends 1231

Revenue
$2.33B
Fiscal year ended 2025-12-31
Operating income
$357.68M
Fiscal year ended 2025-12-31
Free cash flow
$637.53M
Fiscal year ended 2025-12-31

TYLER TECHNOLOGIES INC (TYL) reported revenue of $2.33B and net income of $315.60M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from TYLER TECHNOLOGIES INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

TYLER TECHNOLOGIES INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$2.33B$2.14B$1.95B$1.85B$1.59B$1.12B$1.09B$935.28M$840.90M$759.88M
Cost of revenue$1.25B$1.20B$1.09B$1.07B$882.64M$574.15M$569.53M$495.70M$441.52M$400.69M
Gross profit$1.08B$935.76M$861.10M$783.86M$709.64M$542.51M$516.90M$439.58M$399.38M$359.19M
Operating income$357.68M$299.53M$218.54M$214.25M$180.74M$172.93M$156.37M$152.49M$162.76M$137.66M
Net income$315.60M$263.03M$165.92M$164.24M$161.46M$194.82M$146.53M$147.46M$169.57M$113.70M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 43.81Mshares 43.50Mshares 42.77Mshares 42.40Mshares 42.24Mshares 41.53Mshares 40.10Mshares 40.12Mshares 39.25Mshares 38.96M
Pretax income$390.32M$308.17M$198.24M$187.59M$158.98M$175.04M$159.84M$155.87M$163.46M$135.66M
Income tax expense$74.72M$45.14M$32.32M$23.35M-$2.48M-$19.78M$13.31M$8.41M-$6.12M$21.96M
Diluted EPS$7.20$6.05$3.88$3.87$3.82$4.69$3.65$3.68$4.32$2.92
Selling, general & administrative$465.02M$458.67M$458.34M$403.07M$390.58M$259.56M$257.75M$207.60M$175.91M$165.18M
General & administrative$316.45M$300.94M$308.58M$267.32M$271.96M$161.10MUnavailableUnavailableUnavailableUnavailable
Selling & marketing$148.57M$157.73M$149.77M$135.74M$118.62M$98.47MUnavailableUnavailableUnavailableUnavailable

Balance

TYLER TECHNOLOGIES INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$1.02B$744.72M$165.49M$173.86M$309.17M$603.62M$232.68M$134.28M$185.93M$36.15M
Total assets$5.64B$5.18B$4.68B$4.69B$4.73B$2.61B$2.19B$1.79B$1.61B$1.38B
Current assets$1.84B$1.44B$860.58M$847.24M$964.33M$1.11B$679.70M$518.86M$520.82M$282.96M
Total liabilities$1.94B$1.79B$1.74B$2.06B$2.41B$621.16MUnavailableUnavailableUnavailableUnavailable
Current liabilities$1.76B$1.07B$1.00B$889.70M$829.50M$564.28M$509.09M$423.90M$371.46M$361.50M
Total equity incl. NCI$3.70B$3.39B$2.94B$2.62B$2.32B$1.99B$1.62B$1.32B$1.19B$934.54M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$638.80M$587.63M$619.70M$577.26M$521.06M$382.32M$374.09M$298.91M$246.19M$226.80M
Goodwill$2.59B$2.53B$2.53B$2.49B$2.36B$838.43M$840.12M$753.72M$657.99M$650.24M
Long-term debt$599.66M$597.93M$596.21M$957.39M$1.31BUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$174.65M$156.82M$146.34M$104.81M$119.99M$14.01M$14.98M$6.91M$8.17M$7.30M

Cash flow

TYLER TECHNOLOGIES INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$653.54M$624.63M$380.44M$381.46M$371.75M$355.09M$254.72M$250.20M$195.76M$191.86M
Capital expenditures$16.02M$20.54M$20.52M$22.53M$33.92M$22.69M$37.24M$27.42M$43.06M$37.73M
Investing cash flow-$222.49M-$67.61M-$76.96M-$172.53M-$2.09B-$98.32M-$245.02M-$238.26M-$85.40M-$50.72M
Financing cash flow-$160.37M$22.21M-$311.84M-$344.24M$1.42B$114.17M$88.70M-$63.60M$39.42M-$138.08M
Net change in cash$270.68M$579.23M-$8.36M-$135.31M-$294.45M$370.94M$98.40M-$51.65M$149.78M$3.06M
Stock-based compensation$151.28M$122.81M$108.34M$102.98M$104.73M$67.36M$59.97M$52.74M$37.35M$29.75M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$174.65M$0$0$0$12.98M$15.48M$17.79M$146.55M$7.47M$111.84M
Depreciation & amortization$138.36M$143.44M$154.08M$159.07M$135.62M$81.66M$76.67M$61.76M$53.40M$49.77M

Derived

TYLER TECHNOLOGIES INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$637.53M$604.10M$359.92M$358.93M$337.83M$332.40M$217.48M$222.78M$152.70M$154.13M
Gross margin46.5%43.8%44.1%42.4%44.6%48.6%47.6%47.0%47.5%47.3%
Operating margin15.3%14.0%11.2%11.6%11.4%15.5%14.4%16.3%19.4%18.1%
FCF margin27.3%28.3%18.4%19.4%21.2%29.8%20.0%23.8%18.2%20.3%
SBC / revenue6.5%5.7%5.6%5.6%6.6%6.0%5.5%5.6%4.4%3.9%
Current ratio1.05x1.35x0.86x0.95x1.16x1.97x1.34x1.22x1.40x0.78x
Revenue YoY growth9.1%9.5%5.5%16.2%42.6%2.8%16.2%11.2%10.7%Unavailable
Net margin13.5%12.3%8.5%8.9%10.1%17.4%13.5%15.8%20.2%15.0%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.7%1.0%1.1%1.2%2.1%2.0%3.4%2.9%5.1%5.0%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate19.1%14.6%16.3%12.4%-1.6%-11.3%8.3%5.4%-3.7%16.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TYL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-18View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-04-25View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.