← TYLER TECHNOLOGIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $109.9m |
$163.9m
+49.23%
|
$147.5m
-10.05%
|
$146.5m
-0.63%
|
$194.8m
+32.96%
|
$161.5m
-17.12%
|
$164.2m
+1.72%
|
$165.9m
+1.02%
|
$263.0m
+58.53%
|
$315.6m
+19.99%
|
— | |
| Depreciation, Depletion and Amortization | $50.3m | $53.9m | $61.8m | $76.7m | $81.7m | $135.6m | $159.1m | $154.1m | $143.4m | $138.4m | $154.7m | |
| Amortization | — | — | — | — | — | — | — | — | $37.0m | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $0 | $0 | — | $0 | $0 | ($27.2m) | $7.0m | $4.6m | $2.7m | $2.5m | — | |
| Amortization of Intangible Assets | $36.4m | $36.0m | $39.6m | $52.8m | $55.1m | $90.8m | $113.9m | $111.0m | $96.9m | $94.2m | — | |
| Capitalized Computer Software, Amortization | — | — | — | $296k | $1.2m | $2.3m | — | — | $20.4m | $24.5m | — | |
| Depreciation | $13.4m | $17.3m | $21.2m | $23.4m | $25.5m | $29.4m | $29.5m | $25.0m | $23.3m | $18.9m | $154.7m | |
| Deferred Income Tax Expense (Benefit) | ($28.9m) | ($29.9m) | ($5.1m) | ($6.1m) | ($7.9m) | ($13.3m) | ($87.2m) | ($73.7m) | ($30.7m) | $43.9m | $86.8m | |
| Share-based Payment Arrangement, Noncash Expense | $29.7m | $37.3m | $52.7m | $60.0m | $67.4m | $104.7m | $103.0m | $108.3m | $122.8m | $151.3m | $156.1m | |
| Share-based Payment Arrangement, Expense | — | — | $52.7m | $60.0m | $67.4m | $104.7m | $103.0m | $108.3m | $122.8m | $151.3m | $156.1m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($2.0m) | $698k | $3.4m | $3.5m | $2.1m | $1.5m | $1.7m | $3.3m | $14.6m | $37.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $30.2m | $35.6m | $53.8m | $65.7m | $10.7m | ($17.6m) | $51.4m | $39.9m | ($28.8m) | $61.7m | ($30.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $4.5m | $4.1m | $2.3m | $1.6m | $3.5m | $2.8m | $2.8m | $8.2m | ($5.5m) | $14.6m | ($30.4m) | |
| Increase (Decrease) in Accounts Payable | $387k | $878k | ($2.4m) | $7.4m | ($967k) | ($44.9m) | ($17.5m) | $41.5m | $10.5m | $17.8m | $6.1m | |
| Purchases of property and equipment, accrued but unpaid | $37.7m | $43.1m | $27.4m | $37.2m | $22.7m | $33.9m | $22.5m | $20.5m | $20.5m | $16.0m | ($25.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $191.9m |
$195.8m
+2.03%
|
$250.2m
+27.81%
|
$254.7m
+1.81%
|
$355.1m
+39.40%
|
$371.8m
+4.69%
|
$381.5m
+2.61%
|
$380.4m
-0.27%
|
$624.6m
+64.19%
|
$653.5m
+4.63%
|
$730.7m
+11.81%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $37.7m | $43.1m | $27.4m | $37.2m | $22.7m | $33.9m | $22.5m | $20.5m | $20.5m | $16.0m | ($25.0m) | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | $758.5m | $407.8m | — | — | — | — | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | ($45k) | ($1k) | ($24k) | $8k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $9.4m | $11.3m | $178.1m | $218.7m | $1.3m | $2.1b | $163.9m | $62.8m | $1.4m | $83.7m | ($279.7m) | |
| Payments for (Proceeds from) Other Investing Activities | $121k | $1k | ($1.7m) | $295k | ($314k) | ($384k) | ($443k) | ($13k) | ($173k) | ($526k) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($50.7m) | ($85.4m) | ($238.3m) | ($245.0m) | ($98.3m) | ($2.1b) | ($172.5m) | ($77.0m) | ($67.6m) | ($222.5m) | ($316.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $111.8m | $7.5m | $146.6m | $17.8m | $15.5m | $13.0m | $0 | $0 | — | $174.7m | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | — | ($7.7m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($138.1m) |
$39.4m
+128.55%
|
($63.6m)
-261.35%
|
$88.7m
+239.47%
|
$114.2m
+28.72%
|
$1.4b
+1147.88%
|
($344.2m)
-124.16%
|
($311.8m)
+9.41%
|
$22.2m
+107.12%
|
($160.4m)
-822.16%
|
($306.9m)
-91.36%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.1m | $149.8m | ($51.6m) | $98.4m | $370.9m | ($294.5m) | ($135.3m) | ($8.4m) | $579.2m | $270.7m | $895.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $232.7m | $603.6m | $309.2m | $173.9m | $165.5m | $744.7m | $1.0b | $895.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $23.5m | $49.8m | $74.9m | $96.9m | $124.4m | $96.7m | $890k | $17.0m | $57.2m | $3.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $610k | $17.7m | $21.3m | $19.2m | $3.1m | $2.2m | — | |
| Income Taxes Paid, Net | $30.2m | $36.0m | $6.8m | $21.3m | $3.3m | $2.2m | $38.5m | $142.8m | $84.2m | $40.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | — | — | — | — | — | — | $267.3m | $308.6m | $300.9m | $316.4m | — | |
| Goodwill | $650.2m | $658.0m | $753.7m | $840.1m | $838.4m | $2.4b | $2.5b | $2.5b | $2.5b | $2.6b | — | |
| Income Tax Expense (Benefit) | $19.4m | ($2.3m) | $8.4m | $13.3m | ($19.8m) | ($2.5m) | $23.4m | $32.3m | $45.1m | $74.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $5.9m | $5.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.