Tyler Technologies, Inc. (TYL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 613.5M | 575.18M | 595.88M | 596.12M | 565.16M | 541.13M | 543.34M | 540.98M | 512.36M | 480.94M | 494.68M | 504.28M | 471.85M | 452.22M | 473.19M | 468.69M | 456.11M | 433.54M | 459.87M | 404.07M |
| Revenue Growth % | 8.55% | 6.29% | 9.67% | 10.19% | 10.31% | 12.52% | 9.84% | 7.28% | 8.58% | 6.35% | 4.54% | 7.59% | 3.45% | 4.31% | 2.9% | 15.99% | 54.72% | 53.04% | 60.94% | 49.06% |
| Cost of Goods Sold | 317.07M | 327.44M | 314.43M | 336.77M | 312.22M | 318.13M | 319.73M | 317M | 306.81M | 287.34M | 288.05M | 299.47M | 290.42M | 276.99M | 283.47M | 288.84M | 278.4M | 260.21M | 277.84M | 233.43M |
| COGS % of Revenue | 51.68% | 56.93% | 52.77% | 56.49% | 55.24% | 58.79% | 58.85% | 58.6% | 59.88% | 59.75% | 58.23% | 59.39% | 61.55% | 61.25% | 59.91% | 61.63% | 61.04% | 60.02% | 60.42% | 57.77% |
| Gross Profit | 296.43M | 247.74M | 281.45M | 259.35M | 252.94M | 223M | 223.61M | 223.97M | 205.55M | 193.59M | 206.63M | 204.81M | 181.43M | 175.23M | 189.72M | 179.84M | 177.7M | 173.33M | 182.03M | 170.64M |
| Gross Margin % | 48.32% | 43.07% | 47.23% | 43.51% | 44.76% | 41.21% | 41.15% | 41.4% | 40.12% | 40.25% | 41.77% | 40.61% | 38.45% | 38.75% | 40.09% | 38.37% | 38.96% | 39.98% | 39.58% | 42.23% |
| Gross Profit Growth % | 17.19% | 11.09% | 25.87% | 15.8% | 23.06% | 15.19% | 8.22% | 9.35% | 13.29% | 10.48% | 8.91% | 13.88% | 2.1% | 1.1% | 4.22% | 5.39% | 28.03% | 30.14% | 31.8% | 35.63% |
| Operating Expenses | 196.62M | 172.76M | 183.52M | 163.75M | 163.77M | 151.32M | 140.78M | 145.94M | 138.57M | 145.84M | 142.7M | 142.94M | 136.45M | 133.72M | 128.61M | 123.09M | 120.84M | 124.47M | 122.39M | 114.47M |
| OpEx % of Revenue | 32.05% | 30.04% | 30.8% | 27.47% | 28.98% | 27.96% | 25.91% | 26.98% | 27.05% | 30.33% | 28.85% | 28.34% | 28.92% | 29.57% | 27.18% | 26.26% | 26.49% | 28.71% | 26.61% | 28.33% |
| Selling, General & Admin | 122.76M | 118.65M | 117.53M | 112.91M | 115.92M | 121.88M | 110.66M | 116.98M | 109.14M | 119.68M | 114.42M | 114.78M | 109.46M | 101.05M | 103.42M | 99.7M | 96.89M | 100.24M | 98.95M | 91.42M |
| SG&A % of Revenue | 20.01% | 20.63% | 19.72% | 18.94% | 20.51% | 22.52% | 20.37% | 21.62% | 21.3% | 24.89% | 23.13% | 22.76% | 23.2% | 22.35% | 21.86% | 21.27% | 21.24% | 23.12% | 21.52% | 22.63% |
| Research & Development | 59.73M | 54.11M | 51.79M | 50.84M | 47.84M | 29.43M | 30.12M | 28.95M | 29.43M | 26.16M | 28.28M | 28.15M | 26.99M | 32.67M | 25.19M | 23.39M | 23.94M | 24.24M | 23.45M | 23.05M |
| R&D % of Revenue | 9.74% | 9.41% | 8.69% | 8.53% | 8.47% | 5.44% | 5.54% | 5.35% | 5.74% | 5.44% | 5.72% | 5.58% | 5.72% | 7.22% | 5.32% | 4.99% | 5.25% | 5.59% | 5.1% | 5.7% |
| Other Operating Expenses | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 99.81M | 74.97M | 97.93M | 95.6M | 89.17M | 71.69M | 82.83M | 78.03M | 66.98M | 47.75M | 63.94M | 61.87M | 44.98M | 41.51M | 61.11M | 56.76M | 56.87M | 48.85M | 59.64M | 56.17M |
| Operating Margin % | 16.27% | 13.04% | 16.43% | 16.04% | 15.78% | 13.25% | 15.24% | 14.42% | 13.07% | 9.93% | 12.92% | 12.27% | 9.53% | 9.18% | 12.92% | 12.11% | 12.47% | 11.27% | 12.97% | 13.9% |
| Operating Income Growth % | 11.93% | 4.59% | 18.24% | 22.5% | 33.14% | 50.13% | 29.55% | 26.12% | 48.91% | 15.02% | 4.62% | 9.02% | -20.9% | -15.03% | 2.47% | 1.04% | 48.84% | 1.7% | 20.11% | 35.87% |
| EBITDA | 128.55M | 111.75M | 128.06M | 132.49M | 126.08M | 108.03M | 119.75M | 114.52M | 107.07M | 92.06M | 108.07M | 102.28M | 86.9M | 87.36M | 106.33M | 96.5M | 98.1M | 89.81M | 99.51M | 96.05M |
| EBITDA Margin % | 20.95% | 19.43% | 21.49% | 22.23% | 22.31% | 19.96% | 22.04% | 21.17% | 20.9% | 19.14% | 21.85% | 20.28% | 18.42% | 19.32% | 22.47% | 20.59% | 21.51% | 20.72% | 21.64% | 23.77% |
| EBITDA Growth % | 1.96% | 3.44% | 6.94% | 15.69% | 17.75% | 17.35% | 10.81% | 11.97% | 23.22% | 5.38% | 1.64% | 5.99% | -11.42% | -2.73% | 6.86% | 0.47% | 65.41% | 30.26% | 41.89% | 55.86% |
| D&A (Non-Cash Add-back) | 28.74M | 36.77M | 30.13M | 36.89M | 36.91M | 36.34M | 36.93M | 36.48M | 40.1M | 44.31M | 44.14M | 40.4M | 41.92M | 45.85M | 45.22M | 39.74M | 41.23M | 40.96M | 39.87M | 39.88M |
| EBIT | 92.14M | 74.97M | 108.79M | 103.78M | 96.54M | 78.03M | 87.33M | 79.92M | 68.82M | 48.4M | 64.72M | 62.52M | 46.23M | 41.72M | 61.04M | 56.97M | 56.23M | 48.35M | 56.63M | 38.53M |
| Net Interest Income | -1.07M | -1.25M | -1.24M | -1.26M | -1.25M | -1.26M | -1.24M | -1.25M | -2.18M | -3.75M | -5.81M | -6.39M | -7.68M | -8.1M | -9.26M | -6.21M | -4.8M | -4.69M | -5.4M | -11.95M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 295K | 0 | 492K |
| Interest Expense | 1.07M | 1.25M | 1.24M | 1.26M | 1.25M | 1.26M | 1.24M | 1.25M | 2.18M | 3.75M | 5.81M | 6.39M | 7.68M | 8.1M | 9.26M | 6.21M | 4.8M | 4.99M | 5.4M | 12.44M |
| Other Income/Expense | 6.61M | 9.99M | 9.62M | 6.92M | 6.12M | 5.08M | 3.27M | 630K | -339K | -3.1M | -5.02M | -5.74M | -6.44M | -7.89M | -9.33M | -6M | -5.44M | -5.49M | -8.41M | -30.08M |
| Pretax Income | 106.42M | 84.96M | 107.55M | 102.51M | 95.29M | 76.77M | 86.1M | 78.67M | 66.64M | 44.65M | 58.91M | 56.13M | 38.54M | 33.62M | 51.79M | 50.76M | 51.43M | 43.36M | 51.23M | 26.09M |
| Pretax Margin % | 17.35% | 14.77% | 18.05% | 17.2% | 16.86% | 14.19% | 15.85% | 14.54% | 13.01% | 9.28% | 11.91% | 11.13% | 8.17% | 7.43% | 10.94% | 10.83% | 11.28% | 10% | 11.14% | 6.46% |
| Income Tax | 25.24M | 19.43M | 23.16M | 17.89M | 14.24M | 11.55M | 10.2M | 10.93M | 12.47M | 5.75M | 11.9M | 7M | 7.67M | 2.54M | -1.45M | 10.81M | 11.44M | -11.42M | 7.06M | 562K |
| Effective Tax Rate % | 23.72% | 22.87% | 21.53% | 17.45% | 14.94% | 15.04% | 11.85% | 13.89% | 18.71% | 12.87% | 20.2% | 12.47% | 19.89% | 7.56% | -2.79% | 21.3% | 22.25% | -26.34% | 13.79% | 2.15% |
| Net Income | 81.18M | 65.53M | 84.39M | 84.63M | 81.05M | 65.22M | 75.9M | 67.74M | 54.17M | 38.9M | 47.01M | 49.13M | 30.88M | 31.08M | 53.23M | 39.95M | 39.98M | 54.78M | 44.17M | 25.53M |
| Net Margin % | 13.23% | 11.39% | 14.16% | 14.2% | 14.34% | 12.05% | 13.97% | 12.52% | 10.57% | 8.09% | 9.5% | 9.74% | 6.54% | 6.87% | 11.25% | 8.52% | 8.77% | 12.64% | 9.6% | 6.32% |
| Net Income Growth % | 0.16% | 0.48% | 11.19% | 24.93% | 49.63% | 67.65% | 61.45% | 37.88% | 75.45% | 25.18% | -11.69% | 22.99% | -22.78% | -43.27% | 20.52% | 56.47% | 8.13% | 1.27% | 12.44% | -52.63% |
| Net Income (Continuing) | 81.18M | 65.53M | 84.39M | 84.63M | 81.05M | 65.22M | 75.9M | 67.74M | 54.17M | 38.9M | 47.01M | 49.13M | 30.88M | 31.08M | 53.23M | 39.95M | 39.98M | 54.78M | 44.17M | 25.53M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.88 | 1.50 | 1.93 | 1.93 | 1.84 | 1.49 | 1.74 | 1.57 | 1.26 | 0.91 | 1.10 | 1.15 | 0.73 | 0.73 | 1.26 | 0.94 | 0.94 | 1.29 | 1.04 | 0.61 |
| EPS Growth % | 2.17% | 0.67% | 10.92% | 22.93% | 46.03% | 63.74% | 58.18% | 36.52% | 72.6% | 24.66% | -12.7% | 22.34% | -22.34% | -43.41% | 21.15% | 54.1% | 6.82% | 0% | 10.64% | -53.08% |
| EPS (Basic) | 1.90 | 1.52 | 1.96 | 1.96 | 1.88 | 1.52 | 1.78 | 1.59 | 1.28 | 0.92 | 1.12 | 1.17 | 0.74 | 0.75 | 1.28 | 0.96 | 0.97 | 1.33 | 1.08 | 0.63 |
| Diluted Shares Outstanding | 43.19M | 43.54M | 43.73M | 43.93M | 43.5M | 43.91M | 43.69M | 43.27M | 43.1M | 42.97M | 42.84M | 42.75M | 42.51M | 42.42M | 42.41M | 42.32M | 42.44M | 42.54M | 42.29M | 42.09M |
| Basic Shares Outstanding | 42.73M | 43.06M | 43.06M | 43.16M | 42.61M | 42.86M | 42.71M | 42.53M | 42.33M | 42.19M | 42.09M | 41.98M | 41.83M | 41.71M | 41.6M | 41.5M | 41.36M | 41.13M | 40.89M | 40.77M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |