Tyler Technologies Inc
NYSE:TYL
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Gross Margin
Tyler Technologies Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 25.9B USD |
Gross Margin |
44%
|
Country | US |
Market Cap | 567B USD |
Gross Margin |
62%
|
Country | US |
Market Cap | 328.5B USD |
Gross Margin |
77%
|
Country | DE |
Market Cap | 276.2B EUR |
Gross Margin |
73%
|
Country | US |
Market Cap | 196.8B USD |
Gross Margin |
89%
|
Country | US |
Market Cap | 187.9B USD |
Gross Margin |
23%
|
Country | US |
Market Cap | 180.2B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 182.8B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 114.4B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 82.7B USD |
Gross Margin |
88%
|
Country | US |
Market Cap | 75.6B USD |
Gross Margin |
80%
|
Tyler Technologies Inc
Glance View
Tyler Technologies Inc., founded in 1966 and headquartered in Plano, Texas, is a company that has masterfully positioned itself at the intersection of technology and governance, effectively becoming the digital backbone for countless municipal, county, and state agencies across the United States. Its suite of software solutions addresses a wide spectrum of administrative needs — from public safety and courts to tax appraisal and school management. Rather than simply selling off-the-shelf software, Tyler engages in a deeply consultative sale process, customizing its offerings to fit the distinctive workflows and regulatory requirements of each client. This tailored approach not only enhances operational efficiency but also fosters long-term client relationships. The revenue engine for Tyler Technologies hums on a business model that combines both upfront software licensing and a recurrent stream of subscription and maintenance fees. By securing long-term contracts, the company enjoys a steady and predictable income from its client base, which values the stability and ongoing support that Tyler provides. With governments increasingly seeking to modernize their technology infrastructures, Tyler capitalizes on this trend by offering cloud-based solutions and seamlessly integrating its products into existing systems. The dependability and security of Tyler’s offerings, coupled with its domain expertise, make it a formidable player in the public sector technology market, sustaining its growth and profitability over the years.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Tyler Technologies Inc's most recent financial statements, the company has Gross Margin of 43.9%.