What does operating segments — technology services revenue mean?

Revenue earned from professional services like software implementation, training, and consulting.

How do you interpret operating segments — technology services revenue?

An increase suggests high demand for new deployments or complex system upgrades, while a decrease may indicate a slowdown in new project implementations or a shift toward self-service models.

How does operating segments — technology services revenue compare across companies?

Comparable to professional services or implementation revenue reported by B2B software and IT services companies.

Tyler Technologies TYL Operating Segments — Technology Services Revenue

Discontinued — last reported Q4 '17

Similar metrics at other companies

FICOOperating Segments — Technology Services Revenue

$43.21M-1.5%

PTCTechnology Service — Professional Services Revenue

$23.99M-17.2%

DTService — Revenue

$25.96M+20.2%

JLLSoftware and Technology Solutions — Revenue

$55.9M-0.9%

CTSHConsulting And Technology Services — Revenue

$3.49B+8.2%

TKOTechnical Services — Revenue

$7.8M-53.0%

Other financials

Income statement

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Revenue$613.5M+8.6%

Gross profit$296.4M+11.0%

Operating income$99.8M+11.9%

Net income$81.2M+0.2%

EPS (diluted)$1.88+2.2%

Balance sheet

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Cash & equivalents$316.0M-55.2%

Total debt$48.0M-96.1%

Total equity$3.6B+1.3%

Total assets$4.8B-7.6%

Cash flow

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Operating cash flow$107.3M+91.0%

CapEx$3.2M+38.6%

Free cash flow$104.0M+93.3%

Valuation

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Market cap$11.47B-42.0%

Enterprise value$11.21B-44.3%

P/E36.3×-31.9×

P/S4.8×-4.2×

Profitability

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Gross margin46.8%+2.1pp

Operating margin15.5%+0.8pp

Net margin13.3%0.0pp

FCF margin28.9%+1.8pp

Returns & leverage

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Return on equity8.9%+0.1pp

Debt / equity0×-0.3×

Current ratio1×+0.1×

Where this comes from

Reported directly by Tyler Technologies in its filing.

Tagged under the XBRL concept us-gaap:TechnologyServicesRevenue.

The official record: Tyler Technologies’s 10-K, filed February 21, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — technology services revenue mean?: Revenue earned from professional services like software implementation, training, and consulting.
How do you interpret operating segments — technology services revenue?: An increase suggests high demand for new deployments or complex system upgrades, while a decrease may indicate a slowdown in new project implementations or a shift toward self-service models.
How does operating segments — technology services revenue compare across companies?: Comparable to professional services or implementation revenue reported by B2B software and IT services companies.