Skip to main content
TYL logo

TYL · Tyler Technologies Inc · Financials

Track TYL — free
$332.81 +14.21 (+4.46%)
Market Cap
$13.33B
Shares
40.95M
Volume · Oct 1 340.14K Avg daily vol (3M) 838.24K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$2.33B +9.1%
FY2025 Revenue FY2009–FY2025
Net Income
$315.6M +20%
FY2025 Net Income FY2009–FY2025
Gross Margin
46.46% +2.7pp
FY2025 Gross Margin FY2009–FY2025
Operating Margin
15.34% +1.3pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
$7.20 +19%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$653.54M +4.6%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$2.54B – $2.58B $2.43B $2.33B $2.14BG $1.95BG $1.85B $1.59BG $1.12BG $1.09B $935.28M $840.9M $759.88M $591.02M $493.1M $416.64M $363.3M $309.39M $288.63M $290.29M
— -$18.13M — — -$23.63M -$28.38M -$23.3M -$1.01M -$2.03M — — — — — — — — — —
— $1.28B $1.25B $1.2B $1.09B $1.07B $882.64M $574.15M $569.53M $495.7M $441.52M $400.69M $313.84M $259.73M $223.44M $195.6M $167.48M $160.31M $161.52M
— $1.15B $1.08B $935.76M $861.1M $783.86M $709.64M $542.51M $516.9M $439.58M $399.38M $359.19M $277.19M $233.37M $193.2M $167.7M $141.91M $128.32M $128.76M
— — 46.46% 43.77% 44.12% 42.37% 44.57% 48.58% 47.58% 47% 47.49% 47.27% 46.9% 47.33% 46.37% 46.16% 45.87% 44.46% 44.36%
— $228.46M $204.59M $117.94M $109.59M $105.18M $93.48M $88.36M $81.34M $63.26M $47.32M $43.15M $29.92M $25.74M $23.27M $20.14M $16.41M $13.97M $11.16M
— $154.43M $148.57M $157.73M $149.77M $135.74M $118.62M $98.47M — — — — — — — — — — —
— $338.09M $316.45M $300.94M $308.58M $267.32M $271.96M $161.1M — — — — — — — — — — —
— $402.25M — — — — $390.58M $259.56M $257.75M $207.61M $175.91M $165.18M $133.32M $108.26M $98.29M $86.71M $75.65M $69.48M $70.12M
— — $94.2M $96.9M $111M $113.9M $90.8M $53.9M $52.5M $39.6M $35.5M $35.9M $10.3M $6.4M $6.8M $6.5M $3.33M $3.23M $2.71M
— $144.18M $138.36M $143.44M $154.08M $159.07M $135.62M $81.66M $76.67M $61.76M $53.4M $49.77M $19.57M $14.61M $13.79M $12.71M $10.68M $10.79M $9.5M
— $367.81M $357.68M $299.53M $218.54M $214.25M $180.74M $172.93M $156.37M $152.49M $162.76M $137.66M $108.04M $94.82M $67.13M $56.58M $46.52M $41.64M $44.78M
— — 15.34% 14.01% 11.2% 11.58% 11.35% 15.49% 14.39% 16.3% 19.36% 18.12% 18.28% 19.23% 16.11% 15.57% 15.04% 14.43% 15.43%
— $511.99M $496.03M $442.96M $372.62M $373.32M $316.36M $254.58M $233.04M $214.25M $216.15M $187.43M $127.62M $109.43M $80.91M $69.29M $57.19M $52.43M $54.28M
— $6.53M $5M $5.93M $23.63M $28.38M — — — — — — — — — — — — —
— $33.23M $37.64M $14.57M $3.33M $1.72M $1.54M $3.13M $5.5M $3.38M $698K -$2M $381K -$355K -$1.31M — — — —
— $419.57M $390.32M $308.17M $198.24M $187.59M $158.98M $175.04M $159.84M $155.87M $163.46M $135.66M $108.42M $94.47M $65.82M $53.87M $44.11M $39.9M $44.64M
— $94.95M $74.72M $45.14M $32.32M $23.35M -$2.48M -$19.78M $13.31M $8.41M -$6.12M $21.96M $43.56M $35.53M $26.72M $20.87M $16.56M $14.85M $17.63M
— $324.62M $315.6M $263.03M $165.92M $164.24M $161.46M $194.82M $146.53M $147.46M $169.57M $113.7M $64.87M $58.94M $39.1M $32.99M $27.56M $25.05M $27.01M
— — 13.53% 12.3% 8.5% 8.88% 10.14% 17.45% 13.49% 15.77% 20.17% 14.96% 10.98% 11.95% 9.38% 9.08% 8.91% 8.68% 9.3%
— $324.62M $315.6M $263.03M $165.92M $164.24M $161.46M $194.82M $146.53M — — — — — — — — — —
— $324.33M $315.75M $263.2M $166.44M $163.44M $161.46M $194.82M — — — — $64.87M $58.94M $39.32M $33.08M $27.48M $25.18M —
USD/shares — $7.63 $7.32 $6.17 $3.95 $3.95 $3.95 $4.87 $3.79 $3.84 $4.55 $3.12 $1.90 $1.79 $1.23 $1.09 $0.88 $0.74 $0.77
USD/shares — $7.54 $7.20 $6.05G $3.88G $3.87 $3.82G $4.69G $3.65 $3.68 $4.32 $2.92 $1.77 $1.66 $1.13 $1.00 $0.83 $0.71 $0.74
shares — — 43.1M 42.61M 42.02M 41.54M 40.85M 40.04M 38.64M 38.45M 37.27M 36.45M 34.14M 33.01M 31.89M 30.33M 31.27M 34.08M 35.24M
shares — — 43.81M 43.5M 42.77M 42.4M 42.24M 41.53M 40.11M 40.12M 39.25M 38.96M 36.55M 35.4M 34.59M 32.92M 33.15M 35.53M 36.62M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2014–FY2025: $510.22M in buybacks.

Debt Profile

Completed filing coverage through Mar 13, 2026 · latest terminal result Sep 15, 2026

Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.

Debt data is being processed. Please check back later.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

0.50% Convertible Senior Notes due 2031

Note · Tyler Technologies, Inc.

Reference: 0.50% Convertible Senior Notes due 2031

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Documents and filing history
  1. Issuance · 2026-05-14 Outstanding — · carrying — Exact source document Parent 8-K filing · 2026-05-14
    This Note is one of a duly authorized issue of notes of Tyler Technologies, Inc., a Delaware corporation (the “Company”), designated as its 0.50% Convertible Senior Notes due 2031 (the “Notes”), all issued or to be issued pursuant to an indenture, dated as of May 14, 2026 (as the same may be amended from time to time, the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee. Capitalized terms used in this Note without definition have the respective meanings ascribed to them in the Indenture.
    Issuer evidence: This Note is one of a duly authorized issue of notes of Tyler Technologies, Inc., a Delaware corporation (the “Company”), designated as its 0.50% Convertible Senior Notes due 2031 (the “Notes”), all issued or to be issued pursuant to an indenture, dated as of May 14, 2026 (as the same may be amended from time to time, the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee. Capitalized terms used in this Note without definition have the respective meanings ascribed to them in the Indenture.
    Supporting evidence: This Note is one of a duly authorized issue of notes of Tyler Technologies, Inc., a Delaware corporation (the “Company”), designated as its 0.50% Convertible Senior Notes due 2031 (the “Notes”), all issued or to be issued pursuant to an indenture, dated as of May 14, 2026 (as the same may be amended from time to time, the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee. Capitalized terms used in this Note without definition have the respective meanings ascribed to them in the Indenture.
    Supporting evidence: This Note is one of a duly authorized issue of notes of Tyler Technologies, Inc., a Delaware corporation (the “Company”), designated as its 0.50% Convertible Senior Notes due 2031 (the “Notes”), all issued or to be issued pursuant to an indenture, dated as of May 14, 2026 (as the same may be amended from time to time, the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee. Capitalized terms used in this Note without definition have the respective meanings ascribed to them in the Indenture.
  2. Issuance · 2026-05-12 Outstanding — · carrying — Exact source document Parent 8-K filing · 2026-05-12
    On May 12, 2026, Tyler Technologies, Inc. (the “Company”) issued a press release announcing the pricing of its upsized offering of $1,250,000,000 aggregate principal amount of its 0.50% convertible senior notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”). The Company also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $187,500,000 aggregate principal amount of Notes. A copy of the press release announcing the pricing of the Offering is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Report”) and is incorporated herein by reference.
    Issuer evidence: On May 12, 2026, Tyler Technologies, Inc. (the “Company”) issued a press release announcing the pricing of its upsized offering of $1,250,000,000 aggregate principal amount of its 0.50% convertible senior notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”). The Company also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $187,500,000 aggregate principal amount of Notes. A copy of the press release announcing the pricing of the Offering is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Report”) and is incorporated herein by reference.
    Supporting evidence: On May 12, 2026, Tyler Technologies, Inc. (the “Company”) issued a press release announcing the pricing of its upsized offering of $1,250,000,000 aggregate principal amount of its 0.50% convertible senior notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”). The Company also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $187,500,000 aggregate principal amount of Notes. A copy of the press release announcing the pricing of the Offering is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Report”) and is incorporated herein by reference.
    Supporting evidence: On May 12, 2026, Tyler Technologies, Inc. (the “Company”) issued a press release announcing the pricing of its upsized offering of $1,250,000,000 aggregate principal amount of its 0.50% convertible senior notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”). The Company also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $187,500,000 aggregate principal amount of Notes. A copy of the press release announcing the pricing of the Offering is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Report”) and is incorporated herein by reference.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
5.42×
Peer median 4.58×
EV/EBIT
35.79×
Peer median 19.72×
P/E (TTM)
43.18×
Peer median 27.97×

Peer medians compare against the 74 similar-size Software - Application companies (of 216 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Enterprise Software Segment $1,694,421,000 $1,511,602,000 $1,349,655,000 $1,257,186,000 $1,165,576,000 $1,058,669,000 $975,319,000 —
Platform Technologies Segment $628,554,000 $619,248,000 $594,766,000 $587,196,000 $445,717,000 $77,114,000 — —
Appraisal and Tax Segment — — — — $121,258,000 $114,824,000 $120,348,000 $114,914,000
Enterprise Software — — — — — $1,020,959,000 $975,319,000 $828,642,000
NIC Segment — — — — $368,917,000 $0 $0 —

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Subscription And Circulation $1,586,203,000 $1,342,931,000 $1,159,512,000 $1,012,304,000 $784,435,000 $350,648,000 $296,352,000 $220,547,000
Maintenance $445,614,000 $463,132,000 $466,661,000 $468,455,000 $474,287,000 $467,513,000 $430,318,000 $384,521,000
Professional Services $242,700,000 $263,991,000 $249,976,000 $277,625,000 $237,179,000 $186,409,000 — —
Hardware and Other $45,007,000 $41,392,000 $37,506,000 $32,414,000 $21,934,000 $17,802,000 $23,012,000 $23,658,000
Software Licenses and Royalties $12,816,000 $26,357,000 $38,096,000 $59,406,000 $74,452,000 $73,164,000 $100,205,000 $93,441,000
Appraisal Services — — — $34,508,000 $27,788,000 $21,127,000 $23,479,000 $21,846,000
SaaS Arrangements — — — $428,526,000 $342,118,000 — — —
Transaction-Based Fees — — — $583,778,000 $442,317,000 $91,000,000 — —
License — — — $59,406,000 $74,452,000 $73,164,000 $100,205,000 $93,441,000
Product — — — $32,414,000 $21,934,000 $17,802,000 $23,012,000 $23,658,000
Technology Service — — — — $209,391,000 $186,409,000 $213,061,000 $191,269,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017
Enterprise Software Segment $443,756,000 $418,776,000 $401,382,000 $355,679,000 $298,305,000 — —
Platform Technologies Segment $124,446,000 $123,291,000 $92,582,000 $15,569,000 — — —
Appraisal and Tax — — — $27,383,000 $26,918,000 $28,434,000 $20,788,000
Appraisal and Tax Segment — — $33,524,000 $33,875,000 $33,730,000 — —
Enterprise Software — — — $285,271,000 $255,365,000 $231,819,000 $229,001,000
NIC Segment — — $82,305,000 $0 $0 — —

Operating Margin by Segment (%)

Component FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Enterprise Software Segment 32.9% 33.3% 34.4% 33.6% 30.6% —
Platform Technologies Segment 20.9% 21% 20.8% 20.2% — —
Appraisal and Tax Segment — — 27.6% 29.5% 28% —
Enterprise Software — — — 27.9% 26.2% 28%
NIC Segment — — 22.3% — — —
Key facts CIK 860731 CUSIP 902252105 13F (30d) 19 filings 15 filers Visit website Investor relations