financial statements

The full income statement, balance sheet, and cash-flow statement for Tyler Technologies Inc. (TYL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live TYL chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	2.33B YoY+9.1%	2.14B YoY+9.5%	1.95B YoY+5.5%	1.85B YoY+16.2%	1.59B YoY+42.6%
	1.08B YoY+15.8%	936M YoY+8.7%	861M YoY+9.9%	784M YoY+10.5%	710M YoY+30.8%
Cost of revenue	1.25B YoY+3.9%	1.20B YoY+10.2%	1.09B YoY+2.3%	1.07B YoY+20.8%	883M YoY+53.7%
Selling, general & administrative	316M YoY+5.2%	301M YoY-2.5%	309M YoY+15.4%	267M YoY-31.6%	391M YoY+50.5%
General & administrative	316M YoY+5.2%	301M YoY-2.5%	309M YoY+15.4%	267M YoY-1.7%	272M YoY+68.8%
Selling & marketing	149M YoY-5.8%	158M YoY+5.3%	150M YoY+10.3%	136M YoY+14.4%	119M YoY+20.5%
Amortization of intangibles	94.2M YoY-2.8%	96.9M YoY-12.7%	111M YoY-2.5%	114M YoY+25.4%	90.8M YoY+68.5%
Provision for credit losses	14.6M YoY+366.1%	-5.50M YoY-166.9%	8.23M YoY+196.0%	2.78M YoY-1.8%	2.83M YoY-19.5%
Operating income	358M YoY+19.4%	300M YoY+37.1%	219M YoY+2.0%	214M YoY+18.5%	181M YoY+4.5%
Interest expense	5.00M YoY-15.8%	5.93M YoY-74.9%	23.6M YoY-16.7%	28.4M	—
Net interest income	—	—	-23.6M YoY+16.7%	-28.4M YoY-21.8%	-23.3M YoY-2199.9%
Other non-operating income	37.6M YoY+158.3%	14.6M YoY+337.9%	3.33M YoY+93.2%	1.72M YoY+11.6%	1.54M YoY-50.7%
Pre-tax income	390M YoY+26.7%	308M YoY+55.5%	198M YoY+5.7%	188M YoY+18.0%	159M YoY-9.2%
Income tax	74.7M YoY+65.5%	45.1M YoY+39.7%	32.3M YoY+38.4%	23.4M YoY+1042.8%	-2.48M YoY+87.5%
	316M YoY+20.0%	263M YoY+58.5%	166M YoY+1.0%	164M YoY+1.7%	161M YoY-17.1%
Net income to common	316M YoY+20.0%	263M YoY+58.5%	166M YoY+1.0%	164M YoY+1.7%	161M YoY-17.1%
	$7.20 YoY+19.0%	$6.05 YoY+55.9%	$3.88 YoY+0.3%	$3.87 YoY+1.3%	$3.82 YoY-18.6%
EPS (basic)	$7.32 YoY+18.6%	$6.17 YoY+56.2%	$3.95 YoY+0.0%	$3.95 YoY+0.0%	$3.95 YoY-18.9%
Weighted-avg shares (basic)	43.1M YoY+1.1%	42.6M YoY+1.4%	42.0M YoY+1.2%	41.5M YoY+1.7%	40.8M YoY+2.0%
Weighted-avg shares (diluted)	43.8M YoY+0.7%	43.5M YoY+1.7%	42.8M YoY+0.9%	42.4M YoY+0.4%	42.2M YoY+1.7%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.84B YoY+28.0%	1.44B YoY+67.4%	861M YoY+1.6%	847M YoY-12.1%	964M YoY-13.4%
Cash & equivalents	1.02B YoY+36.3%	745M YoY+350.0%	165M YoY-4.8%	174M YoY-43.8%	309M YoY-48.8%
Short-term investments	81.8M YoY+251.7%	23.3M YoY+123.9%	10.4M YoY-72.0%	37.0M YoY-29.2%	52.3M YoY-27.5%
Cash & short-term investments	408M YoY+0.0%	408M YoY+0.0%	408M YoY+0.0%	408M YoY+0.0%	408M YoY-46.2%
Accounts receivable	639M YoY+8.7%	588M YoY-5.2%	620M YoY+7.4%	577M YoY+10.8%	521M YoY+36.3%
Prepaid expenses	74.7M YoY+14.7%	65.1M YoY+19.1%	54.7M YoY+7.6%	50.9M YoY-8.4%	55.5M YoY+79.9%
Other current assets	9.41M YoY+16.8%	8.06M YoY-21.8%	10.3M YoY+25.1%	8.24M YoY+1.1%	8.15M YoY+228.8%
	5.64B YoY+8.9%	5.18B YoY+10.8%	4.68B YoY-0.2%	4.69B YoY-0.9%	4.73B YoY+81.5%
Property, plant & equipment	160M YoY-2.1%	164M YoY-3.5%	170M YoY-1.8%	173M YoY-4.6%	181M YoY+7.9%
Operating lease right-of-use	35.6M YoY+13.3%	31.4M YoY-19.5%	39.0M YoY-23.4%	51.0M YoY+28.4%	39.7M YoY+112.0%
Goodwill	2.59B YoY+2.3%	2.53B YoY-0.0%	2.53B YoY+1.7%	2.49B YoY+5.5%	2.36B YoY+181.4%
Intangible assets	780M YoY-6.2%	832M YoY-10.4%	929M YoY-7.3%	1.00B YoY-4.8%	1.05B YoY+226.8%
Long-term investments	60.7M YoY+464.2%	10.8M YoY+52.7%	7.05M YoY-61.9%	18.5M YoY-60.1%	46.4M YoY-43.9%
Deferred tax assets	48.4M YoY+0.0%	48.4M YoY+0.0%	48.4M YoY+0.0%	48.4M YoY+0.0%	48.4M YoY+0.0%
Other non-current assets	93.6M YoY+8.4%	86.4M YoY+36.7%	63.2M YoY+26.5%	50.0M YoY+8.7%	46.0M YoY+36.0%
	1.76B YoY+64.7%	1.07B YoY+6.4%	1.00B YoY+12.5%	890M YoY+7.3%	830M YoY+47.0%
Accounts payable	175M YoY+11.4%	157M YoY+7.2%	146M YoY+39.6%	105M YoY-12.6%	120M YoY+756.4%
Accrued liabilities	191M YoY-3.5%	198M YoY+24.7%	159M YoY+20.2%	132M YoY-16.7%	158M YoY+90.7%
Deferred revenue	781M YoY+11.3%	701M YoY+10.8%	633M YoY+11.3%	569M YoY+11.4%	511M YoY+10.7%
Short-term & current debt	0.00	0.00 YoY-100.0%	49.8M YoY+66.0%	30.0M YoY+0.0%	30.0M
Current lease liability	9.60M YoY-0.5%	9.64M YoY-12.8%	11.1M YoY+3.0%	10.7M YoY+1.7%	10.6M YoY+78.9%
	1.94B YoY+8.1%	1.79B YoY+3.0%	1.74B YoY-15.7%	2.06B YoY-14.3%	2.41B YoY+287.7%
Long-term debt	600M YoY+0.3%	598M YoY+0.3%	596M YoY-37.7%	957M YoY-27.0%	1.31B
Deferred revenue (non-current)	21.0M YoY-6.2%	22.4M YoY+7589.3%	291K YoY-85.7%	2.04M YoY+5260.5%	38.0K YoY-62.0%
Non-current lease liability	33.3M YoY+8.3%	30.8M YoY-22.7%	39.8M YoY-17.1%	48.0M YoY+32.2%	36.3M YoY+123.2%
Deferred tax liabilities	95.1M YoY+100.1%	47.5M YoY-39.6%	78.6M YoY-47.2%	149M YoY-34.7%	228M YoY+463.1%
Other non-current liabilities	31.3M YoY+14.2%	27.4M YoY+21.0%	22.6M YoY+33.3%	17.0M YoY+486.5%	2.89M
	3.70B YoY+9.3%	3.39B YoY+15.3%	2.94B YoY+11.9%	2.62B YoY+12.9%	2.32B YoY+17.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	481K YoY+0.0%	481K YoY+0.0%	481K YoY+0.0%	481K YoY+0.0%	481K YoY+0.0%
Additional paid-in capital	1.62B YoY+5.0%	1.54B YoY+13.6%	1.35B YoY+12.0%	1.21B YoY+12.5%	1.08B YoY+18.8%
Retained earnings	2.18B YoY+16.9%	1.87B YoY+16.4%	1.60B YoY+11.5%	1.44B YoY+12.9%	1.27B YoY+14.5%
Treasury stock	96.2M YoY+434.4%	18.0M YoY-13.1%	20.7M YoY-9.2%	22.8M YoY-11.1%	25.7M YoY-19.3%
Accumulated other comprehensive income	-11.0K YoY+93.0%	-157K YoY+51.8%	-326K YoY+61.4%	-844K YoY-1734.8%	-46.0K YoY+0.0%
Total liabilities & equity	5.64B YoY+8.9%	5.18B YoY+10.8%	4.68B YoY-0.2%	4.69B YoY-0.9%	4.73B YoY+81.5%
Common shares issued	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%
Common shares outstanding	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%	48.1M YoY+0.0%
Shares outstanding (cover)	43.0M YoY+0.5%	42.8M YoY+1.6%	42.1M YoY+1.2%	41.6M YoY+1.6%	41.0M YoY+1.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	654M YoY+4.6%	625M YoY+64.2%	380M YoY-0.3%	381M YoY+2.6%	372M YoY+4.7%
Depreciation & amortization	138M YoY-3.5%	143M YoY-6.9%	154M YoY-3.1%	159M YoY+17.3%	136M YoY+66.1%
Share-based compensation	151M YoY+23.2%	123M YoY+13.4%	108M YoY+5.2%	103M YoY-1.7%	105M YoY+55.5%
Deferred income taxes	43.9M YoY+243.0%	-30.7M YoY+58.4%	-73.7M YoY+15.5%	-87.2M YoY-557.0%	-13.3M YoY-67.2%
Change in receivables	61.7M YoY+314.2%	-28.8M YoY-172.2%	39.9M YoY-22.4%	51.4M YoY+392.0%	-17.6M YoY-264.1%
Change in payables	17.8M YoY+69.7%	10.5M YoY-74.7%	41.5M YoY+336.6%	-17.5M YoY+61.0%	-44.9M YoY-4548.1%
	-222M YoY-229.1%	-67.6M YoY+12.1%	-77.0M YoY+55.4%	-173M YoY+91.7%	-2.09B YoY-2026.7%
Capital expenditure	16.0M YoY-22.0%	20.5M YoY+0.1%	20.5M YoY-8.9%	22.5M YoY-33.6%	33.9M YoY+49.5%
Acquisitions	83.7M YoY+5896.6%	1.40M YoY-97.8%	62.8M YoY-61.7%	164M YoY-92.2%	2.09B YoY+161642.0%
Other investing activities	-526K YoY-204.0%	-173K YoY-1230.8%	-13.0K YoY+97.1%	-443K YoY-15.4%	-384K YoY-22.3%
	-160M YoY-822.2%	22.2M YoY+107.1%	-312M YoY+9.4%	-344M YoY-124.2%	1.42B YoY+1147.9%
Common stock repurchased	175M	0.00	0.00	0.00 YoY-100.0%	13.0M YoY-16.2%
Other financing activities	-7.71M	0.00	0.00	—	—
Net change in cash	271M YoY-53.3%	579M YoY+7025.3%	-8.36M YoY+93.8%	-135M YoY+54.0%	-294M YoY-179.4%
Interest paid	2.16M YoY-30.1%	3.10M YoY-83.8%	19.2M YoY-9.9%	21.3M YoY+19.9%	17.7M YoY+2806.2%
Income taxes paid	40.8M YoY-51.6%	84.2M YoY-41.0%	143M YoY+271.1%	38.5M YoY+1640.1%	2.21M YoY-32.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	19.5B YoY-20.9%	24.7B YoY+40.1%	17.6B YoY+31.2%	13.4B YoY-39.1%	22.0B YoY+25.2%
P/E	61.9× YoY-34.0%	93.8× YoY-15.7%	111.3× YoY+56.0%	71.3× YoY-47.8%	136.5× YoY+51.1%
P/S	8.4× YoY-27.5%	11.5× YoY+26.2%	9.1× YoY+25.0%	7.3× YoY-47.1%	13.8× YoY-12.2%
P/B	5.3× YoY-27.6%	7.3× YoY+18.1%	6.2× YoY+17.2%	5.3× YoY-44.5%	9.5× YoY+7.0%
P/FCF	30.6× YoY-25.0%	40.9× YoY-21.7%	52.2× YoY+33.9%	39.0× YoY-40.3%	65.2× YoY+23.2%
Earnings yield	1.6% YoY+51.6%	1.1% YoY+18.6%	0.9% YoY-35.9%	1.4% YoY+91.4%	0.7% YoY-33.8%
FCF yield	3.3% YoY+33.3%	2.4% YoY+27.7%	1.9% YoY-25.3%	2.6% YoY+67.4%	1.5% YoY-18.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TYL's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TYL filings on SEC EDGAR → Not investment advice.

TYL▼ financial statements

About this data

financial statements