TYLER TECHNOLOGIES INC TYL

Technology SIC 7372 - Services-Prepackaged Software NAICS Information › Publishing Industries › Software Publishers derived NYSE

Tyler Technologies, Inc. ("Tyler" or "Company") is a leading provider of integrated software and technology management solutions for the public sector. Our solutions empower local, state, and federal government entities to create smarter, safer, and stronger communities. We offer the broadest range of software solutions and services designed for every level of public sector government agency. Our solutions deliver mission-critical technology to support the essential functions of government, including public safety, justice, public health, taxation and budgeting, infrastructure and land use, outdoor recreation, utility and civic services, regulation, K-12 education, and social services. We provide both the back-office systems-of-record that serve the operational needs of specific government agencies, as well as platform technology solutions that are designed to integrate with our back-office solutions and be deployed and connected across many agencies. Examples of transformative platform technologies include our market-leading payments platform, data platform, low-code application development platform, and digital resident experience solutions.

Last close 390.14 2026-10-23
Market cap $15.98B 2026-06-30 share count
52-week range 270.71 - 517.50

Valuation FY2025 figures against the last close

P/S6.9x
P/E54.2x
P/FCF25.1x
EV/EBITDA31.2x
Dividend yield—
Diluted EPS7.20

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • Enterprise Software
  • Platform Technologies
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Enterprise Software, FY2025: 1.7B (72.9%) 73% Enterprise Software Platform Technologies, FY2025: 628.6M (27.1%) 27% Platform Technologies FY2024 Enterprise Software, FY2024: 1.5B (70.9%) 71% Platform Technologies, FY2024: 619.2M (29.1%) 29% FY2023 Enterprise Software, FY2023: 1.3B (69.4%) 69% Platform Technologies, FY2023: 594.8M (30.6%) 31%
Segment FY2025FY2024FY2023
Enterprise Software $1.69B $1.51B $1.35B
Platform Technologies $628.6M $619.2M $594.8M

As the company reported it, from the “DISAGGREGATION OF REVENUE - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.33B$2.14B$1.95B$1.85B$1.59B$1.12B$1.09B$935.3M$840.9M$759.9M
Cost of revenue $1.25B$1.20B$1.09B$1.07B$882.6M$574.2M$569.5M$495.7M$441.5M$400.7M
Gross profit $1.08B$935.8M$861.1M$783.9M$709.6M$542.5M$516.9M$439.6M$399.4M$359.2M
SG&A $316.4M$300.9M$308.6M$267.3M$272.0M$161.1M$257.7M$207.6M$175.9M$165.2M
Operating income $357.7M$299.5M$218.5M$214.2M$180.7M$172.9M$156.4M$152.5M$162.8M$137.7M
Interest expense $5.0M$5.9M$23.6M$28.4M$23.3M$1.0M$2.0M———
Pre-tax income $390.3M$308.2M$198.2M$187.6M$159.0M$175.0M$159.8M$155.9M$163.5M$135.7M
Income tax $74.7M$45.1M$32.3M$23.4M$2.5M$19.8M$13.3M$8.4M$6.1M$22.0M
Net income $315.6M$263.0M$165.9M$164.2M$161.5M$194.8M$146.5M$147.5M$169.6M$113.7M
EPS, basic 7.326.173.953.953.954.873.793.844.553.12
EPS, diluted 7.206.053.883.873.824.693.653.684.322.92
Shares, diluted (wtd. avg.) 43.8M43.5M42.8M42.4M42.2M41.5M40.1M40.1M39.2M39.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.02B$744.7M$165.5M$173.9M$309.2M$603.6M$232.7M$134.3M$185.9M$36.2M
Short-term investments $81.8M$23.3M$10.4M$37.0M$52.3M$72.2M$39.4M$44.3M$43.2M$20.3M
Receivables $638.8M$587.6M$619.7M$577.3M$521.1M$382.3M$374.1M$298.9M$246.2M$200.3M
Total current assets $1.84B$1.44B$860.6M$847.2M$964.3M$1.11B$679.7M$518.9M$520.8M$283.0M
Property, plant and equipment $160.4M$163.8M$169.7M$172.8M$181.2M$168.0M$171.9M$155.2M$152.3M$124.3M
Goodwill $2.59B$2.53B$2.53B$2.49B$2.36B$838.4M$840.1M$753.7M$658.0M$650.2M
Other intangibles $780.4M$832.0M$928.9M$1.00B$1.05B$322.1M$378.9M$276.9M$229.6M$267.3M
Total assets $5.64B$5.18B$4.68B$4.69B$4.73B$2.61B$2.19B$1.79B$1.61B$1.38B
Accounts payable $174.7M$156.8M$146.3M$104.8M$120.0M$14.0M$15.0M$6.9M$8.2M$7.3M
Short-term debt —$0$49.8M$30.0M$30.0M—————
Total current liabilities $1.76B$1.07B$1.00B$889.7M$829.5M$564.3M$509.1M$423.9M$371.5M$361.5M
Long-term debt $599.7M$597.9M$596.2M$957.4M$1.31B—————
Total liabilities $1.94B$1.79B$1.74B$2.06B$2.41B$621.2M————
Retained earnings $2.18B$1.87B$1.60B$1.44B$1.27B$1.11B$917.3M$771.9M$624.5M$435.9M
Total equity $3.70B$3.39B$2.94B$2.62B$2.32B$1.99B$1.62B$1.32B$1.19B$934.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $653.5M$624.6M$380.4M$381.5M$371.8M$355.1M$254.7M$250.2M$195.8M$191.9M
Depreciation and amortisation $138.4M$143.4M$154.1M$159.1M$135.6M$81.7M$76.7M$61.8M$53.4M$49.8M
Stock-based compensation $151.3M$122.8M$108.3M$103.0M$104.7M$67.4M$60.0M$52.7M$37.3M$29.7M
Capital expenditure $16.0M$20.5M$20.5M$22.5M$33.9M$22.7M$37.2M$27.4M$43.1M$37.7M
Investing cash flow -$222.5M-$67.6M-$77.0M-$172.5M-$2.09B-$98.3M-$245.0M-$238.3M-$85.4M-$50.7M
Financing cash flow -$160.4M$22.2M-$311.8M-$344.2M$1.42B$114.2M$88.7M-$63.6M$39.4M-$138.1M
Buybacks $174.7M$0$0$0$13.0M$15.5M$17.8M$146.6M$7.5M$111.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000860731-26-000016.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B Revenue, FY2016: 759.9M Gross profit, FY2016: 359.2M Net income, FY2016: 113.7M Revenue, FY2017: 840.9M Gross profit, FY2017: 399.4M Net income, FY2017: 169.6M Revenue, FY2018: 935.3M Gross profit, FY2018: 439.6M Net income, FY2018: 147.5M Revenue, FY2019: 1.1B Gross profit, FY2019: 516.9M Net income, FY2019: 146.5M Revenue, FY2020: 1.1B Gross profit, FY2020: 542.5M Net income, FY2020: 194.8M Revenue, FY2021: 1.6B Gross profit, FY2021: 709.6M Net income, FY2021: 161.5M Revenue, FY2022: 1.9B Gross profit, FY2022: 783.9M Net income, FY2022: 164.2M Revenue, FY2023: 2B Gross profit, FY2023: 861.1M Net income, FY2023: 165.9M Revenue, FY2024: 2.1B Gross profit, FY2024: 935.8M Net income, FY2024: 263M Revenue, FY2025: 2.3B Gross profit, FY2025: 1.1B Net income, FY2025: 315.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $759.9M $840.9M $935.3M $1.09B $1.12B $1.59B $1.85B $1.95B $2.14B $2.33B
Gross profit $359.2M $399.4M $439.6M $516.9M $542.5M $709.6M $783.9M $861.1M $935.8M $1.08B
Net income $113.7M $169.6M $147.5M $146.5M $194.8M $161.5M $164.2M $165.9M $263.0M $315.6M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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