Tyler Technologies, Inc. (TYL) Financial Statements (2024 and earlier)

Company Profile

Business Address 5101 TENNYSON PKWY
PLANO, TX 75024
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:210,887407,800758,500272,081178,585229,085
Cash and cash equivalents173,857309,171603,623232,682134,279185,926
Short-term investments37,03052,30072,18739,39944,30643,159
Other undisclosed cash, cash equivalents, and short-term investments  46,32982,690   
Receivables577,257521,059382,319374,089298,912227,127
Prepaid expense50,85955,51330,86424,71733,25827,252
Other current assets8,2398,1512,4792,3283,4061,997
Other undisclosed current assets (28,192)(61,092)6,4824,69711,339
Total current assets:847,242964,3311,113,070679,697518,858496,800
Noncurrent Assets
Operating lease, right-of-use asset50,98939,72018,73418,992
Property, plant and equipment172,786181,193168,004171,861155,177152,315
Long-term investments and receivables26,77960,29021,41722,43216,0207,536
Long-term investments18,50846,353    
Accounts and financing receivable, after allowance for credit loss8,27113,93721,41722,43216,0207,536
Intangible assets, net (including goodwill)3,491,4723,412,1671,169,6171,219,0311,030,570894,431
Goodwill2,489,3082,359,674838,428840,117753,718657,987
Intangible assets, net (excluding goodwill)1,002,1641,052,493331,189378,914276,852236,444
Deferred income tax assets    48,442
Other noncurrent assets49,96045,97133,792   
Other undisclosed noncurrent assets48,18928,48982,64031,15970,33838,510
Total noncurrent assets:3,840,1753,767,8301,494,2041,511,9171,272,1051,092,792
TOTAL ASSETS:4,687,4174,732,1612,607,2742,191,6141,790,9631,589,592
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities236,754278,41297,09590,21173,39072,849
Accounts payable104,813119,98814,01114,9776,9108,174
Accrued liabilities131,941158,42483,08475,23466,48064,675
Deferred revenue568,538510,529461,278412,495
Debt30,00030,000 6,387  
Deferred revenue and credits309,461
Contract with customer, liability350,512
Other undisclosed current liabilities54,40310,5605,904   
Total current liabilities:889,695829,501564,277509,093423,902382,310
Noncurrent Liabilities
Long-term debt and lease obligation957,389754,84716,27916,822  
Long-term debt, excluding current maturities957,389718,511    
Liabilities, other than long-term debt215,944231,01640,6071994241,274
Deferred revenue and credits1,274
Deferred revenue2,03738100199
Contract with customer, liability424
Deferred income tax liabilities148,891228,08540,507 
Other liabilities16,9672,893    
Operating lease, liability48,04936,33616,27916,822
Other undisclosed noncurrent liabilities  592,765    
Total noncurrent liabilities:1,173,3331,578,62856,88617,0214241,274
Total liabilities:2,063,0282,408,129621,163526,114424,326383,584
Equity
Equity, attributable to parent2,624,3892,324,0321,986,1111,617,0581,324,8461,167,094
Common stock481481481481481481
Treasury stock, value(22,827)(25,667)(31,812)(40,191)(178,949)(60,029)
Additional paid in capital1,209,7251,075,650905,332739,478731,435626,867
Accumulated other comprehensive loss(844)(46)(46)(46)(46)(46)
Retained earnings1,437,8541,273,6141,112,156917,336771,925599,821
Total equity:2,624,3892,324,0321,986,1111,617,0581,324,8461,167,094
Other undisclosed liabilities and equity    48,44241,79138,914
TOTAL LIABILITIES AND EQUITY:4,687,4174,732,1612,607,2742,191,6141,790,9631,589,592

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,850,2041,592,2871,116,6631,086,427935,282840,662
Revenue, net840,662
Cost of revenue
(Cost of Goods and Services Sold)
(1,066,341)(882,643)(574,151)(569,527)(495,704)(441,522)
Gross profit:783,863709,644542,512516,900439,578399,140
Operating expenses(508,251)(484,060)(347,924)(339,088)(270,869)(260,298)
Other undisclosed operating income (loss)(61,363)(44,849)(21,662)(21,445)(16,217)22,088
Operating income:214,249180,735172,926156,367152,492160,930
Nonoperating income
(Other Nonoperating income)
1,7231,5442,1163,4713,378698
Interest and debt expense(28,379)     
Income from continuing operations before equity method investments, income taxes:187,593182,279175,042159,838155,870161,628
Other undisclosed loss from continuing operations before income taxes  (23,298)    
Income from continuing operations before income taxes:187,593158,981175,042159,838155,870161,628
Income tax expense (benefit)(23,353)2,47719,778(13,311)(8,408)2,317
Income from continuing operations:164,240161,458194,820146,527147,462163,945
Income before gain (loss) on sale of properties:161,458194,820146,527147,462163,945
Net income available to common stockholders, diluted:164,240161,458194,820146,527147,462163,945

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:164,240161,458194,820146,527147,462163,945
Comprehensive income:164,240161,458194,820146,527147,462163,945
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(798)     
Comprehensive income, net of tax, attributable to parent:163,442161,458194,820146,527147,462163,945

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: