Tyler Technologies, Inc. (TYL)TYLTyler Technologies, Inc.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	2.43B	645.10M	613.50M	575.18M	595.88M	596.12M	565.16M	541.13M	543.34M
Cost of Goods Sold	1.30B	338.04M	317.07M	327.44M	314.43M	336.77M	312.22M	318.13M	319.73M
Gross Profit	1.13B	307.06M	296.43M	247.74M	281.45M	259.35M	252.94M	223.00M	223.61M
Gross Profit Margin	46.6%	47.6%	48.3%	43.1%	47.2%	43.5%	44.8%	41.2%	41.2%
Total Operating Expenses	749.32M	196.42M	196.62M	172.76M	183.52M	163.75M	163.77M	151.32M	140.78M
Research & Development	228.46M	62.83M	59.73M	54.11M	51.79M	50.84M	47.84M	29.43M	30.12M
Selling, General & Administrative	492.52M	133.58M	122.76M	118.65M	117.53M	112.91M	115.92M	121.88M	110.66M
Operating Income (EBIT)	367.81M	95.09M	99.81M	74.97M	97.93M	95.60M	89.17M	71.69M	82.83M
Operating Margin	15.1%	14.7%	16.3%	13.0%	16.4%	16.0%	15.8%	13.2%	15.2%
Income Before Tax (EBT)	419.57M	120.63M	106.42M	84.96M	107.55M	102.51M	95.29M	76.77M	86.10M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	-1.55M	-5.11M	1.07M	1.25M	1.24M	1.26M	1.25M	1.26M	1.24M
Other Income/Expense	51.75M	25.54M	6.61M	9.99M	9.62M	6.92M	6.12M	5.08M	3.27M
Net Income	324.62M	93.51M	81.18M	65.53M	84.39M	84.63M	81.05M	65.22M	75.90M
Income Tax Expense	94.95M	27.12M	25.24M	19.43M	23.16M	17.89M	14.24M	11.55M	10.20M
Net Profit Margin	13.4%	14.5%	13.2%	11.4%	14.2%	14.2%	14.3%	12.1%	14.0%
EBITDA	434.71M	66.35M	128.55M	111.75M	128.06M	132.49M	126.08M	108.03M	119.75M
EBITDA Margin	17.9%	10.3%	21.0%	19.4%	21.5%	22.2%	22.3%	20.0%	22.0%
Depreciation & Amortization	66.90M	-28.74M	28.74M	36.77M	30.13M	36.89M	36.91M	36.34M	36.93M
EPS Basic	7.63	2.25	1.90	1.52	1.96	1.96	1.88	1.52	1.78
EPS Diluted	7.54	2.23	1.88	1.50	1.93	1.93	1.84	1.49	1.74
Shares Outstanding	41.56M	41.56M	42.73M	43.06M	43.06M	43.16M	42.61M	42.86M	42.71M
Diluted Shares Outstanding	41.85M	41.85M	43.19M	43.54M	43.73M	43.93M	43.50M	43.91M	43.69M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	2.33B	2.14B	1.95B	1.85B	1.59B	1.12B	1.09B	935.28M
Cost of Goods Sold	1.31B	1.26B	1.17B	1.13B	927.49M	595.81M	590.97M	511.92M
Gross Profit	1.03B	876.13M	786.47M	722.50M	664.79M	520.85M	495.45M	423.36M
Gross Profit Margin	44.0%	41.0%	40.3%	39.0%	41.8%	46.6%	45.6%	45.3%
Total Operating Expenses	669.61M	576.61M	567.93M	506.25M	458.96M	347.92M	339.09M	270.87M
Research & Development	204.59M	117.94M	109.58M	105.18M	93.48M	88.36M	81.34M	63.26M
Selling, General & Administrative	465.02M	458.67M	458.35M	401.07M	365.48M	259.56M	257.75M	207.60M
Operating Income (EBIT)	357.68M	299.53M	218.54M	216.25M	205.84M	172.93M	156.37M	152.49M
Operating Margin	15.3%	14.0%	11.2%	11.7%	12.9%	15.5%	14.4%	16.3%
Income Before Tax (EBT)	390.32M	308.17M	198.24M	187.59M	158.98M	175.04M	159.84M	155.87M
Interest Income	N/A	14.57M	3.33M	1.72M	1.54M	2.12M	3.47M	3.38M
Interest Expense	5.00M	5.93M	23.63M	28.38M	23.30M	N/A	N/A	N/A
Other Income/Expense	32.64M	8.64M	-20.30M	-28.66M	-46.85M	2.12M	3.47M	3.38M
Net Income	315.60M	263.03M	165.92M	164.24M	161.46M	194.82M	146.53M	147.46M
Income Tax Expense	74.72M	45.14M	32.32M	23.35M	-2.48M	-19.78M	13.31M	8.41M
Net Profit Margin	13.5%	12.3%	8.5%	8.9%	10.1%	17.4%	13.5%	15.8%
EBITDA	505.54M	451.89M	389.30M	388.29M	351.68M	254.58M	233.04M	213.29M
EBITDA Margin	21.7%	21.1%	19.9%	21.0%	22.1%	22.8%	21.5%	22.8%
Depreciation & Amortization	147.86M	152.37M	170.77M	172.04M	145.84M	81.66M	76.67M	60.80M
EPS Basic	7.32	6.17	3.95	3.95	3.95	4.87	3.79	3.84
EPS Diluted	7.20	6.05	3.88	3.87	3.82	4.69	3.65	3.68
Shares Outstanding	43.09M	42.61M	42.02M	41.54M	40.85M	40.03M	38.64M	38.45M
Diluted Shares Outstanding	43.81M	43.50M	42.77M	42.40M	42.24M	41.53M	40.10M	40.12M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Tyler Technologies, Inc.

Tyler Technologies, Inc. specializes in delivering comprehensive information management solutions and services tailored for the public sector. Its operations are organized into three primary divisions: Enterprise Software, Appraisal and Tax, and NIC. The company's extensive product portfolio encompasses financial management tools, such as modular fund accounting systems designed for government bodies and non-profit organizations, as well as utility billing platforms for managing both metered and unmetered services. Additionally, Tyler offers solutions that automate a wide array of municipal and county operations, ranging from municipal court and parking ticket administration to animal and business licensing, permits and inspections, code enforcement, citizen complaint resolution, ambulance billing, fleet maintenance, and cemetery records management. Educational institutions, particularly K-12 schools, benefit from their specialized student information and transportation management systems. Furthermore, the company delivers a comprehensive suite of judicial technologies, including systems for court case management, integrated court and law enforcement functions, prosecutor support, and supervision. These solutions are scalable for diverse needs, from single-county deployments to multi-jurisdictional or statewide implementations. Their offerings extend to public safety software, alongside systems designed for the automated appraisal and assessment of both real and personal property, complemented by tax billing and collection applications for relevant agencies. Public sector agencies also leverage Tyler's software for planning, regulatory compliance, and maintenance operations. Dedicated applications enhance and automate records and document management, while their data and insights solutions provide valuable analytical capabilities. Beyond core software, Tyler Technologies facilitates Software-as-a-Service (SaaS) deployments and provides electronic document filing solutions for legal and judicial entities. Their service portfolio is robust, encompassing software and hardware installation, data conversion, user training, product customization, and ongoing maintenance and support. They also offer outsourced property appraisal services to taxing authorities. A strategic collaboration agreement with Amazon Web Services (AWS) underscores the company's commitment to cloud-based hosting solutions. Established in 1966, Tyler Technologies, Inc. maintains its headquarters in Plano, Texas.

Plano, TX

7,703 employees

www.tylertech.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: H. Lynn Moore Jr.

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