
Tyler Technologies Inc
NYSE:TYL

Income Statement
Earnings Waterfall
Tyler Technologies Inc
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
935.8m
USD
|
Operating Expenses
|
-636.2m
USD
|
Operating Income
|
299.5m
USD
|
Other Expenses
|
-36.5m
USD
|
Net Income
|
263m
USD
|
Income Statement
Tyler Technologies Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
493
N/A
|
516
+5%
|
537
+4%
|
560
+4%
|
591
+6%
|
635
+7%
|
678
+7%
|
722
+6%
|
760
+5%
|
780
+3%
|
800
+3%
|
820
+3%
|
841
+3%
|
862
+3%
|
890
+3%
|
911
+2%
|
935
+3%
|
961
+3%
|
1 000
+4%
|
1 040
+4%
|
1 086
+5%
|
1 116
+3%
|
1 112
0%
|
1 122
+1%
|
1 117
0%
|
1 135
+2%
|
1 268
+12%
|
1 442
+14%
|
1 592
+10%
|
1 754
+10%
|
1 818
+4%
|
1 832
+1%
|
1 850
+1%
|
1 866
+1%
|
1 902
+2%
|
1 923
+1%
|
1 952
+1%
|
1 992
+2%
|
2 029
+2%
|
2 078
+2%
|
2 138
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(260)
|
(271)
|
(283)
|
(295)
|
(314)
|
(340)
|
(364)
|
(386)
|
(401)
|
(409)
|
(420)
|
(430)
|
(442)
|
(455)
|
(468)
|
(482)
|
(496)
|
(508)
|
(529)
|
(549)
|
(570)
|
(586)
|
(579)
|
(576)
|
(574)
|
(577)
|
(659)
|
(781)
|
(883)
|
(996)
|
(1 049)
|
(1 054)
|
(1 066)
|
(1 075)
|
(1 081)
|
(1 082)
|
(1 091)
|
(1 107)
|
(1 129)
|
(1 166)
|
(1 202)
|
|
Gross Profit |
233
N/A
|
245
+5%
|
255
+4%
|
265
+4%
|
277
+5%
|
295
+7%
|
314
+6%
|
336
+7%
|
359
+7%
|
372
+3%
|
380
+2%
|
391
+3%
|
399
+2%
|
408
+2%
|
422
+3%
|
429
+2%
|
440
+2%
|
453
+3%
|
471
+4%
|
491
+4%
|
517
+5%
|
530
+3%
|
533
+1%
|
546
+2%
|
543
-1%
|
558
+3%
|
608
+9%
|
661
+9%
|
710
+7%
|
758
+7%
|
769
+2%
|
778
+1%
|
784
+1%
|
791
+1%
|
821
+4%
|
842
+2%
|
861
+2%
|
885
+3%
|
900
+2%
|
912
+1%
|
936
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(139)
|
(143)
|
(146)
|
(152)
|
(169)
|
(187)
|
(204)
|
(220)
|
(222)
|
(225)
|
(227)
|
(231)
|
(237)
|
(243)
|
(257)
|
(271)
|
(287)
|
(304)
|
(323)
|
(340)
|
(360)
|
(374)
|
(373)
|
(376)
|
(370)
|
(376)
|
(411)
|
(454)
|
(501)
|
(517)
|
(523)
|
(528)
|
(565)
|
(599)
|
(630)
|
(646)
|
(636)
|
(644)
|
(643)
|
(636)
|
(636)
|
|
Selling, General & Administrative |
(108)
|
(111)
|
(114)
|
(119)
|
(133)
|
(146)
|
(157)
|
(168)
|
(165)
|
(167)
|
(168)
|
(171)
|
(176)
|
(181)
|
(190)
|
(198)
|
(208)
|
(217)
|
(230)
|
(242)
|
(257)
|
(267)
|
(264)
|
(267)
|
(260)
|
(267)
|
(294)
|
(326)
|
(362)
|
(368)
|
(372)
|
(375)
|
(397)
|
(426)
|
(447)
|
(456)
|
(451)
|
(453)
|
(455)
|
(454)
|
(457)
|
|
Research & Development |
(26)
|
(27)
|
(27)
|
(28)
|
(30)
|
(33)
|
(36)
|
(40)
|
(43)
|
(45)
|
(46)
|
(47)
|
(47)
|
(49)
|
(53)
|
(58)
|
(63)
|
(69)
|
(73)
|
(77)
|
(81)
|
(85)
|
(87)
|
(87)
|
(88)
|
(88)
|
(89)
|
(92)
|
(93)
|
(95)
|
(94)
|
(96)
|
(105)
|
(108)
|
(113)
|
(116)
|
(110)
|
(112)
|
(113)
|
(115)
|
(118)
|
|
Depreciation & Amortization |
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(8)
|
(11)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(28)
|
(37)
|
(45)
|
(54)
|
(56)
|
(57)
|
(63)
|
(65)
|
(70)
|
(73)
|
(76)
|
(74)
|
(70)
|
(65)
|
(61)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(2)
|
0
|
|
Operating Income |
95
N/A
|
102
+8%
|
108
+6%
|
113
+4%
|
108
-4%
|
109
+1%
|
110
+1%
|
116
+5%
|
138
+19%
|
146
+6%
|
153
+4%
|
160
+5%
|
163
+2%
|
165
+1%
|
165
0%
|
158
-4%
|
153
-3%
|
149
-2%
|
149
0%
|
151
+2%
|
158
+4%
|
156
-1%
|
161
+3%
|
170
+6%
|
173
+2%
|
181
+5%
|
197
+9%
|
207
+5%
|
209
+1%
|
241
+15%
|
246
+2%
|
249
+1%
|
219
-12%
|
192
-12%
|
191
-1%
|
196
+3%
|
225
+15%
|
241
+7%
|
257
+7%
|
276
+7%
|
300
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(5)
|
(11)
|
(23)
|
(20)
|
(21)
|
(25)
|
(28)
|
(31)
|
(31)
|
(28)
|
(24)
|
(18)
|
(13)
|
(8)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(4)
|
(23)
|
(26)
|
(28)
|
(42)
|
(30)
|
(28)
|
(5)
|
11
|
18
|
16
|
(7)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
0
|
1
|
1
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
1
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
4
|
4
|
5
|
4
|
2
|
2
|
(6)
|
(6)
|
2
|
(6)
|
1
|
1
|
2
|
3
|
3
|
4
|
3
|
4
|
5
|
9
|
15
|
|
Pre-Tax Income |
95
N/A
|
102
+8%
|
109
+6%
|
114
+5%
|
108
-5%
|
109
+0%
|
109
+0%
|
114
+4%
|
136
+19%
|
145
+7%
|
152
+5%
|
160
+5%
|
164
+2%
|
166
+2%
|
167
+0%
|
161
-3%
|
156
-3%
|
152
-3%
|
150
-1%
|
152
+1%
|
160
+5%
|
160
0%
|
165
+3%
|
174
+6%
|
175
+0%
|
178
+2%
|
163
-9%
|
164
+1%
|
159
-3%
|
172
+8%
|
197
+14%
|
197
+0%
|
188
-5%
|
175
-7%
|
180
+3%
|
187
+4%
|
198
+6%
|
226
+14%
|
249
+10%
|
276
+11%
|
308
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(36)
|
(38)
|
(40)
|
(42)
|
(44)
|
(43)
|
(37)
|
(27)
|
(22)
|
(17)
|
(17)
|
(21)
|
(20)
|
(18)
|
(11)
|
(7)
|
(10)
|
(16)
|
(22)
|
(21)
|
(13)
|
7
|
24
|
13
|
20
|
6
|
(7)
|
(3)
|
2
|
(8)
|
(18)
|
(9)
|
(23)
|
(20)
|
(16)
|
(29)
|
(32)
|
(37)
|
(41)
|
(39)
|
(45)
|
|
Income from Continuing Operations |
59
|
64
|
68
|
72
|
65
|
66
|
72
|
87
|
114
|
128
|
135
|
138
|
144
|
149
|
156
|
154
|
146
|
135
|
128
|
131
|
147
|
167
|
189
|
188
|
195
|
184
|
156
|
161
|
161
|
164
|
179
|
188
|
164
|
155
|
164
|
158
|
166
|
189
|
208
|
237
|
263
|
|
Net Income (Common) |
59
N/A
|
64
+9%
|
68
+6%
|
72
+5%
|
65
-9%
|
66
+1%
|
72
+9%
|
87
+21%
|
114
+30%
|
128
+13%
|
135
+5%
|
138
+3%
|
170
+23%
|
175
+3%
|
182
+4%
|
182
+0%
|
148
-19%
|
137
-7%
|
130
-5%
|
131
+1%
|
147
+12%
|
167
+14%
|
189
+13%
|
188
-1%
|
195
+4%
|
184
-5%
|
156
-15%
|
161
+3%
|
161
+0%
|
164
+2%
|
179
+9%
|
188
+5%
|
164
-13%
|
155
-6%
|
164
+6%
|
158
-4%
|
166
+5%
|
189
+14%
|
208
+10%
|
237
+14%
|
263
+11%
|
|
EPS (Diluted) |
1.66
N/A
|
1.81
+9%
|
1.91
+6%
|
1.98
+4%
|
1.77
-11%
|
1.68
-5%
|
1.85
+10%
|
2.23
+21%
|
2.92
+31%
|
3.3
+13%
|
3.46
+5%
|
3.54
+2%
|
4.32
+22%
|
4.38
+1%
|
4.52
+3%
|
4.49
-1%
|
3.67
-18%
|
3.45
-6%
|
3.26
-6%
|
3.25
0%
|
3.65
+12%
|
4.05
+11%
|
4.55
+12%
|
4.5
-1%
|
4.69
+4%
|
4.37
-7%
|
3.7
-15%
|
3.8
+3%
|
3.82
+1%
|
3.89
+2%
|
4.22
+8%
|
4.43
+5%
|
3.87
-13%
|
3.66
-5%
|
3.84
+5%
|
3.71
-3%
|
3.88
+5%
|
4.39
+13%
|
4.8
+9%
|
5.41
+13%
|
6.05
+12%
|