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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $645.10M | $613.50M | $575.18M | $595.88M | $596.12M | $565.17M | $541.13M | $543.34M |
| Cost of revenue | $338.04M | $317.07M | $313.20M | $314.43M | $322.93M | $298.08M | $304.31M | $305.88M |
| Gross profit | $307.06M | $296.43M | $261.98M | $281.45M | $273.18M | $267.08M | $236.82M | $237.46M |
| Gross margin | 47.6% | 48.3% | 45.5% | 47.2% | 45.8% | 47.3% | 43.8% | 43.7% |
| Research and development | $62.83M | $59.73M | $54.11M | $51.79M | $50.84M | $47.84M | $29.44M | $30.12M |
| Selling, general and administrative | $133.58M | $122.76M | $118.65M | $117.53M | $112.91M | $115.93M | $121.88M | $110.66M |
| Operating expenses | $211.96M | $196.62M | $187.01M | $183.52M | $177.59M | $177.91M | $165.13M | $154.63M |
| Operating income | $95.10M | $99.81M | $74.98M | $97.93M | $95.60M | $89.17M | $71.69M | $82.83M |
| Operating margin | 14.7% | 16.3% | 13.0% | 16.4% | 16.0% | 15.8% | 13.2% | 15.2% |
| EBITDA | $130.91M | $138.76M | $109.40M | $132.92M | $129.92M | $123.79M | $106.36M | $117.36M |
| Interest expense | −$2.97M | −$1.07M | −$1.25M | −$1.24M | −$1.26M | −$1.25M | −$1.26M | −$1.24M |
| Income before taxes | $120.63M | $106.42M | $84.96M | $107.55M | $102.51M | $95.29M | $76.77M | $86.10M |
| Income taxes | $27.12M | $25.24M | $19.43M | $23.16M | $17.89M | $14.24M | $11.55M | $10.20M |
| Net income | $93.51M | $81.18M | $65.53M | $84.39M | $84.63M | $81.05M | $65.22M | $75.90M |
| Net margin | 14.5% | 13.2% | 11.4% | 14.2% | 14.2% | 14.3% | 12.1% | 14.0% |
| EPS, basic | $2.25 | $1.90 | $1.52 | $1.96 | $1.96 | $1.88 | $1.52 | $1.78 |
| EPS, diluted | $2.23 | $1.88 | $1.51 | $1.93 | $1.93 | $1.84 | $1.49 | $1.74 |
| Diluted shares | 41.85M | 43.15M | 43.54M | 43.83M | 43.93M | 43.94M | 43.92M | 43.69M |
Figures describe Tyler Technologies shares, not any token. As of Jul 29, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.