Gross Profit Analysis: Comparing International Business Machines Corporation and Tyler Technologies, Inc.

Tech Titans' Profit Battle: IBM vs. Tyler Technologies

__timestampInternational Business Machines CorporationTyler Technologies, Inc.
Wednesday, January 1, 201446407000000233371000
Thursday, January 1, 201540684000000277187000
Friday, January 1, 201638516000000355351000
Sunday, January 1, 201736943000000399140000
Monday, January 1, 201836936000000439578000
Tuesday, January 1, 201931533000000516900000
Wednesday, January 1, 202030865000000542512000
Friday, January 1, 202131486000000709644000
Saturday, January 1, 202232687000000783863000
Sunday, January 1, 202334300000000861099000
Monday, January 1, 202435551000000935761000
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Unveiling the hidden dimensions of data

Gross Profit Trends: IBM vs. Tyler Technologies

In the ever-evolving landscape of technology, the financial performance of industry giants like International Business Machines Corporation (IBM) and emerging players such as Tyler Technologies, Inc. offers intriguing insights. Over the past decade, IBM's gross profit has seen a decline of approximately 26%, from a peak in 2014 to a low in 2021. This trend reflects the challenges faced by traditional tech behemoths in adapting to new market dynamics.

Conversely, Tyler Technologies has demonstrated robust growth, with its gross profit surging by nearly 270% from 2014 to 2023. This impressive trajectory underscores the increasing demand for specialized software solutions in public sector markets. While IBM's gross profit rebounded slightly in 2023, Tyler Technologies continues to close the gap, highlighting the shifting tides in the tech industry. Missing data for 2024 suggests ongoing volatility, making future trends worth watching.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025