Tyler Technologies, Inc. (TYL) income statement
NYSE · Technology · Software - Application · 7,879 employees · CEO H. Lynn Moore Jr.
- Price
- $430.37 +1.69%
- Market cap
- $17.1B
- Enterprise value
- $17.8B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-10 EPS est. $3.41
Tyler Technologies, Inc. (TYL) reported revenue of $648M for Q3 '26 (+8.7% year on year), operating income of $117M (18.1% of revenue) and net income of $95.1M. Over the last four quarters revenue was $2.48B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $481M | $512M | $541M | $543M | $541M | $565M | $596M | $596M | $575M | $614M | $645M | $648M | |
| Cost of revenue | $287M | $307M | $317M | $320M | $318M | $312M | $337M | $314M | $327M | $317M | $338M | $329M | |
| Gross profit | $194M | $206M | $224M | $224M | $223M | $253M | $259M | $281M | $248M | $296M | $307M | $318M | |
| Research & development | $26.2M | $29.4M | $29M | $30.1M | $29.4M | $47.8M | $50.8M | $51.8M | $54.1M | $59.7M | $62.8M | $63.3M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $36.3M | $37.6M | $38.2M | $38.8M | $39.9M | $40M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $76.6M | $80M | $80.4M | $84M | $93.7M | $81.6M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.2M | $0 | $14.1M | $15.5M | $16.2M | |
| Operating expenses | $146M | $139M | $146M | $141M | $151M | $164M | $164M | $184M | $173M | $197M | $212M | $201M | |
| Operating income | $47.7M | $67M | $78M | $82.8M | $71.7M | $89.2M | $95.6M | $97.9M | $75M | $99.8M | $95.1M | $117M | |
| Interest expense | $3.75M | $2.18M | $1.25M | $1.24M | $1.26M | $1.25M | $1.26M | $1.24M | $1.25M | $1.07M | $2.97M | $3.77M | |
| Other non-operating income (gains on investments, FX ...) | -$652K | -$1.84M | -$1.88M | -$4.5M | -$6.34M | -$7.36M | -$8.18M | -$10.9M | -$11.2M | $7.68M | -$28.5M | -$7.89M | |
| Total non-operating income | -$3.1M | -$339K | $630K | $3.27M | $5.08M | $6.12M | $6.92M | $9.62M | $9.99M | $6.61M | $25.5M | $4.12M | |
| Income before tax | $44.7M | $66.6M | $78.7M | $86.1M | $76.8M | $95.3M | $103M | $108M | $85M | $106M | $121M | $121M | |
| Income tax | $5.75M | $12.5M | $10.9M | $10.2M | $11.5M | $14.2M | $17.9M | $23.2M | $19.4M | $25.2M | $27.1M | $26.1M | |
| Net income | $38.9M | $54.2M | $67.7M | $75.9M | $65.2M | $81.1M | $84.6M | $84.4M | $65.5M | $81.2M | $93.5M | $95.1M | |
| EPS (basic) | $0.92 | $1.28 | $1.59 | $1.78 | $1.52 | $1.88 | $1.96 | $1.96 | $1.52 | $1.90 | $2.25 | $2.35 | |
| EPS (diluted) | $0.91 | $1.26 | $1.57 | $1.74 | $1.49 | $1.84 | $1.93 | $1.93 | $1.50 | $1.88 | $2.23 | $2.33 | |
| Shares (basic, weighted) | 42.2M | 42.3M | 42.5M | 42.7M | 42.9M | 42.6M | 43.2M | 43.1M | 43.1M | 42.7M | 41.6M | 40.5M | |
| Shares (diluted, weighted) | 43M | 43.1M | 43.3M | 43.7M | 43.9M | 43.5M | 43.9M | 43.7M | 43.5M | 43.2M | 41.9M | 40.7M | |
| Depreciation & amortization | $44.3M | $40.1M | $36.5M | $36.9M | $36.3M | $36.9M | $36.9M | $37.3M | $36.8M | $41.3M | $39.4M | $37.1M | |
| EBITDA | $92.7M | $109M | $116M | $124M | $114M | $133M | $141M | $146M | $123M | $133M | $163M | $162M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $756M | $841M | $935M | $1.09B | $1.12B | $1.59B | $1.85B | $1.95B | $2.14B | $2.33B | |
| Cost of revenue | $414M | $455M | $512M | $591M | $596M | $927M | $1.13B | $1.17B | $1.26B | $1.31B | |
| Gross profit | $342M | $386M | $423M | $495M | $521M | $665M | $723M | $786M | $876M | $1.03B | |
| Research & development | $43.2M | $47.3M | $63.3M | $81.3M | $88.4M | $93.5M | $105M | $110M | $118M | $205M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $158M | $149M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $301M | $316M | |
| Operating expenses | $210M | $223M | $271M | $339M | $348M | $459M | $506M | $568M | $577M | $670M | |
| Operating income | $131M | $163M | $152M | $156M | $173M | $206M | $216M | $219M | $300M | $358M | |
| Interest income | $0 | $698K | $3.38M | $3.47M | $2.12M | $1.54M | $1.72M | $3.33M | $14.6M | $0 | |
| Interest expense | $2M | $0 | $0 | $0 | $0 | $23.3M | $28.4M | $23.6M | $5.93M | $5M | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$698K | -$3.38M | -$3.47M | -$2.12M | $23.6M | $277K | -$3.33M | -$14.6M | -$37.6M | |
| Total non-operating income | -$2M | $698K | $3.38M | $3.47M | $2.12M | -$46.9M | -$28.7M | -$20.3M | $8.64M | $32.6M | |
| Income before tax | $129M | $162M | $156M | $160M | $175M | $159M | $188M | $198M | $308M | $390M | |
| Income tax | $19.5M | -$2.32M | $8.41M | $13.3M | -$19.8M | -$2.48M | $23.4M | $32.3M | $45.1M | $74.7M | |
| Net income | $110M | $164M | $147M | $147M | $195M | $161M | $164M | $166M | $263M | $316M | |
| EPS (basic) | $3.12 | $4.55 | $3.84 | $3.79 | $4.87 | $3.95 | $3.95 | $3.95 | $6.17 | $7.32 | |
| EPS (diluted) | $2.92 | $4.32 | $3.68 | $3.65 | $4.69 | $3.82 | $3.87 | $3.88 | $6.05 | $7.20 | |
| Shares (basic, weighted) | 36.4M | 37.3M | 38.4M | 38.6M | 40M | 40.8M | 41.5M | 42M | 42.6M | 43.1M | |
| Shares (diluted, weighted) | 39M | 39.2M | 40.1M | 40.1M | 41.5M | 42.2M | 42.4M | 42.8M | 43.5M | 43.8M | |
| Depreciation & amortization | $50.3M | $53.4M | $61.8M | $76.7M | $81.7M | $146M | $172M | $171M | $152M | $148M | |
| EBITDA | $182M | $217M | $218M | $237M | $257M | $328M | $388M | $393M | $466M | $543M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-06