• Tyler Technologies average gross margin for 2023 was 43.36%, a 1.95% increase from 2022.
• Tyler Technologies average gross margin for 2022 was 42.53%, a 9.3% increase from 2021.
• Tyler Technologies average gross margin for 2021 was 46.89%, a 2.64% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.