Tyler Tech Q4 revenue $541.1M (+12.5%), recurring rev +14.9%; guides FY25 rev $2.30-2.34B

TYLER TECHNOLOGIES INC

2024-FY EPS reported $6.05 revenue$2,137,803,000

Q4 GAAP EPS $1.49 (up 67.7%); non-GAAP EPS $2.43 (up 31.2%); adjusted EBITDA $142.8M (+21.0%).
SaaS revenue grew 23.0% to $173.4M; transaction-based rev $175.4M (+20.9%); 97% of new contracts SaaS.
Full-year 2024 total rev $2.138B (+9.5%); free cash flow $574.7M (+75.5%); recurring rev 84.5% of total.
FY2025 guidance: total rev $2.30-2.34B, GAAP EPS $7.31-$7.56, non-GAAP EPS $10.90-$11.15.
CEO cites strong cloud adoption; flip contract value grew 58% in Q4; public sector demand robust.

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