TYLER TECHNOLOGIES INC (TYL) closed fiscal year 2025 with a gross margin of 46.5 % and a net margin of 13.5 %.
TYLER TECHNOLOGIES INC (TYL) closed fiscal year 2025 with a gross margin of 46.5 % and a net margin of 13.5 %. The same year shows an EBITDA margin of 21.3 % and an EBIT margin of 15.3 %. The free cash flow margin was 27.3 %. Against the previous year the gross margin moved +2.7 pp and the net margin +1.2 pp. Across the period the gross margin ranges between 42.4 % in 2022 and 48.6 % in 2020. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 44.36 % | 44.46 % | 45.87 % | 46.16 % | 46.37 % | 47.33 % | 46.90 % | 47.27 % | 47.49 % | 47.00 % | 47.58 % | 48.58 % | 44.57 % | 42.37 % | 44.12 % | 43.77 % | 46.46 % |
| EBITDA margin (%) | 18.70 % | 18.16 % | 18.49 % | 19.07 % | 19.42 % | 22.19 % | 21.59 % | 24.67 % | 25.70 % | 22.91 % | 21.45 % | 22.80 % | 19.87 % | 20.18 % | 19.09 % | 20.72 % | 21.27 % |
| EBIT margin (%) | 15.43 % | 14.43 % | 15.04 % | 15.57 % | 16.11 % | 19.23 % | 18.28 % | 18.12 % | 19.36 % | 16.30 % | 14.39 % | 15.49 % | 11.35 % | 11.58 % | 11.20 % | 14.01 % | 15.34 % |
| Net margin (%) | 9.30 % | 8.68 % | 8.91 % | 9.08 % | 9.38 % | 11.95 % | 10.98 % | 14.96 % | 20.17 % | 15.77 % | 13.49 % | 17.45 % | 10.14 % | 8.88 % | 8.50 % | 12.30 % | 13.53 % |
| FCF margin (%) | 10.54 % | 10.54 % | 14.27 % | 13.64 % | 9.42 % | 27.07 % | 20.61 % | 20.28 % | 18.16 % | 23.82 % | 20.02 % | 29.77 % | 21.22 % | 19.40 % | 18.44 % | 28.26 % | 27.33 % |
