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TYL Financials Tyler Technologies

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 15.9% per year over the past 5 years.
  • Net income has grown slower than revenue (10.1% vs 15.9% per year).
  • Operating margin has been roughly flat, at 15.3% in the latest year.
  • Free cash flow has grown 13.9% per year over the past 5 years.

Financial health

  • The company holds more cash ($1.0B) than total debt ($600M).
  • Total debt has grown slower than revenue (-18.2% vs 15.9% per year).
  • Operating income covered interest expense 72× in the latest year.
  • Total debt is 1.2× EBITDA.
Revenue & net income
$0 $1B $2B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 24% 49% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $319M $638M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $671M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B -$333M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $2.3B $316M 46.5% 15.3% $638M $600M $1.0B
2024 $2.1B $263M 43.8% 14.0% $604M $598M $745M
2023 $2.0B $166M 44.1% 11.2% $360M $646M $165M
2022 $1.9B $164M 42.4% 11.6% $359M $987M $174M
2021 $1.6B $161M 44.6% 11.4% $338M $1.3B $309M
2020 $1.1B $195M 48.6% 15.5% $332M — $604M
2019 $1.1B $147M 47.6% 14.4% $217M — $233M
2018 $935M $147M 47.0% 16.3% $223M — $134M
2017 $841M $170M 47.5% 19.4% $153M — $186M
2016 $760M $114M 47.3% 18.1% $154M — $36M
2015 — $65M — — $122M — $33M
2014 — $59M — — — — $206M
2013 — $39M — — — — $79M
2012 — $33M — — $50M — $6M
2011 — $28M — — $44M — $1M

Valuation over time

How the market has priced TYL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 79.9 159.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 6.8 13.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is TYL growing its revenue and profit?

Over the past 5 years, Tyler Technologies's revenue has grown 15.9% per year, and net income grown 10.1% per year. These are computed facts, not advice.

How much debt does TYL have?

As of FY2025, Tyler Technologies reported $600M of total debt against $1.0B of cash; operating income covered interest expense 72×.

What is TYL's profit margin?

In FY2025, gross margin was 46.5%, operating margin 15.3%, and net margin 13.5%.

What is TYL's P/E ratio?

As of Jun '26, Tyler Technologies traded at a price-to-earnings ratio of about 37.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.