Recurring Revenues was Tyler Technologies’s largest revenue line in fiscal 2021, bringing in $864.67M of $1.14B (76%).
| Customer | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|
| Recurring Revenues | $554.58M | $726.67M | $818.16M | $864.67M | |
| Non-Recurring Revenues | $266.18M | $353.50M | $298.49M | $278.88M | |
| Total | $820.76M | $1.08B | $1.12B | $1.14B |
Tyler Technologies brought in $1.14B from its two revenue lines in fiscal 2021, the year ended December 31, 2021. That was up 2.4% from $1.12B in fiscal 2020. Recurring Revenues was the largest at $864.67M (75.6%), ahead of Non-Recurring Revenues at $278.88M (24.4%).
Compared with fiscal 2020, Recurring Revenues grew 5.7% to $864.67M, while Non-Recurring Revenues fell 6.6% to $278.88M. From fiscal 2018 to 2021, combined revenue from these revenue lines grew from $820.76M to $1.14B, a compound annual growth rate of 11.7%. Recurring Revenues' share of the total rose from 67.6% to 75.6%.
As Reported was Tyler Technologies’s largest revenue line in fiscal 2016, bringing in $322.97M of $332.40M (97%).
| Adjustments for New Accounting Pronouncements | FY 2016 |
|---|---|
| As Reported | $322.97M |
| Adjustments | $9.43M |
| Total | $332.40M |
Tyler Technologies brought in $332.40M from its two revenue lines in fiscal 2016, the year ended December 31, 2016. As Reported was the largest at $322.97M (97.2%), ahead of Adjustments at $9.43M (2.8%).
Enterprise Software Solutions was Tyler Technologies’s largest segment in fiscal 2017, bringing in $764.90M of $846.47M (90%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Enterprise Software Solutions | $438.61M | $529.08M | — | $764.90M | |||||
| Enterprise Software | — | — | $302.41M | — | |||||
| Appraisal & Tax | — | — | $73.87M | — | |||||
| Appraisal & Tax Software Solutions And Services | $54.85M | $63.29M | — | $81.58M | |||||
| Corporate | — | — | — | — | |||||
| Total | $493.45M | $592.37M | $376.28M | $846.47M |
Tyler Technologies brought in $846.47M from its two segments in fiscal 2017, the year ended December 31, 2017. Tyler Technologies regrouped these segments after fiscal 2016, so the total does not compare directly with that year's $376.28M. Enterprise Software Solutions was the largest at $764.90M (90.4%), ahead of Appraisal & Tax Software Solutions And Services at $81.58M (9.6%).
From fiscal 2014 to 2017, combined revenue from these segments grew from $493.45M to $846.47M, a compound annual growth rate of 19.7%. Enterprise Software Solutions' share of the total rose from 88.9% to 90.4%.
Tyler Technologies stopped reporting Enterprise Software ($302.41M in fiscal 2016) and Appraisal & Tax ($73.87M in fiscal 2016) as separate segments.
Tyler Technologies (TYL) reports its revenue by customer, by adjustments for new accounting pronouncements and by segment. In fiscal 2021, Recurring Revenues was its largest revenue line, bringing in $864.67M (75.6% of the total), followed by Non-Recurring Revenues at $278.88M (24.4%).
Recurring Revenues was Tyler Technologies' largest revenue line in fiscal 2021, bringing in $864.67M, or 75.6% of the $1.14B total across its two revenue lines.
Enterprise Software Solutions was Tyler Technologies' largest segment in fiscal 2017, bringing in $764.90M, or 90.4% of the $846.47M total across its two segments.
Recurring Revenues grew faster than Non-Recurring Revenues in fiscal 2021, up 5.7% from $818.16M to $864.67M. Non-Recurring Revenues fell 6.6% to $278.88M.
Every figure comes from Tyler Technologies' annual financial filings, as reported. Each line keeps the name Tyler Technologies gives it, and years follow its fiscal calendar.
Tyler Technologies' revenue by customer goes back to fiscal 2017, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.