Salesforce, Inc. or Tyler Technologies, Inc.: Who Leads in Yearly Revenue?

Salesforce's Revenue Dominance Over Tyler Technologies

__timestampSalesforce, Inc.Tyler Technologies, Inc.
Wednesday, January 1, 20144071003000493101000
Thursday, January 1, 20155373586000591022000
Friday, January 1, 20166667216000756043000
Sunday, January 1, 20178391984000840662000
Monday, January 1, 201810480012000935282000
Tuesday, January 1, 2019132820000001086427000
Wednesday, January 1, 2020170980000001116663000
Friday, January 1, 2021212520000001592287000
Saturday, January 1, 2022264920000001850204000
Sunday, January 1, 2023313520000001951751000
Monday, January 1, 2024348570000002137803000
Loading chart...

Unleashing the power of data

Salesforce vs. Tyler Technologies: A Revenue Showdown

In the ever-evolving tech industry, revenue growth is a key indicator of a company's success. Over the past decade, Salesforce, Inc. has consistently outpaced Tyler Technologies, Inc. in annual revenue. Starting in 2014, Salesforce's revenue was approximately 8 times that of Tyler Technologies. By 2023, this gap widened significantly, with Salesforce's revenue reaching over 16 times that of Tyler Technologies.

Salesforce's impressive growth trajectory, with a compound annual growth rate (CAGR) of around 25%, highlights its dominance in the cloud computing sector. Meanwhile, Tyler Technologies, focusing on public sector software solutions, has shown steady growth, albeit at a slower pace, with a CAGR of about 15%.

As we look to the future, Salesforce's 2024 revenue projection remains strong, while Tyler Technologies' data is yet to be revealed, leaving room for speculation and anticipation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025