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This is the expense the company spent on research and development. Tyler Technologies Inc's research and development for the three months ended in Jun. 2016 was $10.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $36.1 Mil.
This is the expense the company spent on research and development.
Tyler Technologies Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 7.193 (Sep. 2015 ) + 8.615 (Dec. 2015 ) + 9.956 (Mar. 2016 ) + 10.336 (Jun. 2016 ) = $36.1 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Tyler Technologies Inc Annual Data
|Research & Development||0.0||4.4||7.3||11.2||14.0||16.4||20.1||23.3||25.7||29.9|
Tyler Technologies Inc Quarterly Data
|Research & Development||6.2||6.4||6.6||6.6||7.0||7.1||7.2||8.6||10.0||10.3|