Saturday 17 October 2026 Export TYL’s income statement to Excel — free account

Tyler Technologies, Inc.

Tyler Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.10% from fiscal 2024. In the quarter to June 2026, revenue grew 8.22%, EPS grew 14.8%, free cash flow grew 34.7% and total debt rose 135.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years; insiders bought in the last twelve months.

360.87 2.75 −0.76%

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Market cap: $14.9B
P/E: 47.3×
Fwd P/E: 37.8×
Dividend yield: —
F-score: 6/9
Altman Z: 7.25
Beneish M: −2.70
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.69

Total sells 10.74

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	2	—	—	—	—	—	—	—	—
Sell	1	3	—	—	3	—	—	—	—	2	—	—

Insider Ownership 2.11%

Capital & Financial Ratios $m

Market Cap 14,890.00

Revenue 2,429.66

Net Income 324.62

Free Cash Flow 705.78

Net Debt 438.66

Current Ratio 1.55

Debt/Equity 0.46

P/E ratio 47.30

Fwd P/E 37.80

P/S ratio 6.18

P/B ratio 4.95

Past 5Y EPS Growth 8.95%

This Y EPS Growth 15.67%

Next Y EPS Growth 17.57%

Next Y revenue growth 9.42%

Next 5Y EPS Growth 15.67%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 9.66%

10-year low 10-year high

P/S against its own 10 years 5.12%

10-year low 10-year high

P/B against its own 10 years 7.81%

10-year low 10-year high

EV/Sales against its own 10 years 6.01%

10-year low 10-year high

EV/FCF against its own 10 years 4.75%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	176	768	1,097	970
Receivables	620	600	663	749
Inventory	—	—	—	—
Other	10	8	9	11
	861	1,441	1,844	1,817

	2023	2024	2025	Q'26
Payables	146	157	175	179
ST’ Debt	50	—	600	—
Other	—	—	—	—
	1,001	1,066	1,755	1,170

Compound Annual Growth %

	10y	5y	3y
Sales	14.71%	15.87%	8.02%
Cash Flow	17.14%	12.98%	19.66%
Earnings	17.14%	10.13%	24.32%
Book Value	15.73%	13.27%	12.16%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	614	645	—	—	—
’25	565	596	596	575	2,332
’24	512	541	543	541	2,138
’23	472	504	495	481	1,952
’22	456	469	473	452	1,850
’21	295	404	460	434	1,592
’20	277	271	286	283	1,117

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	107	124	—	—	—
’25	56	98	255	244	654
’24	72	64	264	225	625
’23	75	(19)	177	147	380
’22	54	77	129	122	381
’21	72	(20)	205	115	372
’20	57	40	170	89	355

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	103	119	—	—	—
’25	48	88	248	237	621
’24	57	49	253	216	575
’23	64	(33)	163	134	327
’22	41	60	116	115	331
’21	62	(33)	193	95	316
’20	46	32	165	84	327

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.88	2.23	—	—	—
’25	1.84	1.93	1.93	1.50	7.20
’24	1.26	1.57	1.74	1.49	6.05
’23	0.73	1.15	1.10	0.91	3.88
’22	0.94	0.94	1.26	0.73	3.87
’21	0.88	0.61	1.04	1.29	3.82
’20	1.16	1.30	0.94	1.29	4.69

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	118.16	142.75	173.26	176.27	247.22	372.80	281.11	301.69	397.80	445.64	Analyst estimates 2026–2028 Powerpack
	High	175.77	188.22	252.47	301.39	466.21	557.55	538.96	426.83	638.56	661.31
People
People	Employees	3,831	4,069	4,525	5,368	5,536	6,778	7,200	7,300	7,400	7,800
	Revenue/emp, $m	0.20	0.21	0.21	0.20	0.20	0.23	0.26	0.27	0.29	0.30
Income, $m
Income, $m	Revenue	760	841	935	1,086	1,117	1,592	1,850	1,952	2,138	2,332
	Gross margin, %	47.27	47.49	47.00	47.58	48.58	44.57	42.37	44.12	43.77	46.46
	EBT	136	163	156	160	175	159	188	198	308	390
	EBT margin, %	17.85	19.44	16.67	14.71	15.68	9.98	10.14	10.16	14.42	16.74
	Net income	114	170	147	147	195	161	164	166	263	316
	Depreciation	50	53	62	77	87	146	172	171	152	148
Per share, $
Per share, $	Revenue	20.85	22.56	24.33	28.12	27.89	38.98	44.54	46.44	50.17	54.12
	Earnings	3.01	4.40	3.84	3.79	4.87	3.95	3.95	3.95	6.17	7.32
	Cash flow	5.26	5.25	6.51	6.59	8.87	9.10	9.18	9.05	14.66	15.17
	Capex	(1.04)	(1.16)	(0.71)	(1.09)	(0.71)	(1.36)	(1.21)	(1.26)	(1.17)	(0.76)
	Free cash flow	4.23	4.10	5.79	5.50	8.16	7.74	7.97	7.79	13.49	14.40
	Book value	25.12	31.97	34.46	41.85	49.61	56.89	63.17	69.91	79.52	85.92
	Shares, m	36	37	38	39	40	41	42	42	43	43
Valuation, ×
Valuation, ×	P/E	51.47	40.70	48.39	79.37	89.63	136.19	80.64	103.34	93.46	62.02
	P/S	6.94	7.92	7.64	10.67	15.65	13.80	7.17	8.79	11.49	8.39
	P/B	5.76	5.59	5.39	7.17	8.80	9.46	5.06	5.84	7.25	5.28
	EV/Sales	6.88	7.66	7.46	10.44	15.06	14.42	7.59	9.03	11.44	8.43
	EV/FCF	33.93	42.18	31.31	53.34	51.50	72.61	42.39	53.83	42.55	31.68
Cash, $m
Cash, $m	Operating cash flow	192	196	250	255	355	372	381	380	625	654
	Capex	(38)	(43)	(27)	(42)	(28)	(56)	(50)	(53)	(50)	(33)
	Free cash flow	154	153	223	213	327	316	331	327	575	621
Balance, $m
Balance, $m	Working capital	(79)	149	95	171	549	135	(42)	(141)	375	88
	Total debt	10	—	—	23	22	1,341	987	646	598	600
	Net debt	(46)	(229)	(179)	(249)	(654)	980	777	470	(170)	(498)
	Shareholders’ equity	916	1,192	1,325	1,617	1,986	2,324	2,624	2,938	3,388	3,703
Returns, %
Returns, %	ROA	8.38	11.42	8.67	7.36	8.12	4.40	3.49	3.54	5.34	5.83
	ROIC	9.90	10.57	8.31	7.14	8.11	3.42	3.94	4.01	5.82	6.97
	ROE	12.82	16.09	11.72	9.96	10.81	7.49	6.64	5.97	8.32	8.90

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
DT Dynatrace, Inc.	$18.4B	120×	45.8×	+16.17% (above 0%: growing)	−18.75% (below 0%: shrinking)	+15.68% (above 0%: growing)	81.34%	12.89%	Compare
FICO Fair Isaac Corporation	$16.6B	22.0×	30.0×	+25.68% (above 0%: growing)	+39.65% (above 0%: growing)	+34.07% (above 0%: growing)	87.09%	53.79%	Compare
TYL Tyler Technologies, Inc.	$14.9B	47.3×	37.8×	+8.22% (above 0%: growing)	+14.80% (above 0%: growing)	+34.72% (above 0%: growing)	47.60%	14.74%
DOCU Docusign Inc.	$14.5B	44.7×	27.4×	+9.38% (above 0%: growing)	+32.26% (above 0%: growing)	+35.89% (above 0%: growing)	79.69%	13.43%	Compare
GWRE Guidewire Software, Inc.	$14.4B	102×	64.1×	+15.29% (above 0%: growing)	−38.71% (below 0%: shrinking)	+16.42% (above 0%: growing)	65.60%	15.16%	Compare
MANH Manhattan Associates, Inc.	$13.2B	62.9×	40.5×	+9.31% (above 0%: growing)	−8.51% (below 0%: shrinking)	+27.98% (above 0%: growing)	56.53%	22.24%	Compare
FIG Figma, Inc.	$12.3B	— (loss-making)	— (loss-making)	+48.25% (above 0%: growing)	n/m	−16.79% (below 0%: shrinking)	83.66%	(31.69%)	Compare
GRAB Grab Holdings Limited	$12.2B	21.0×	32.6×	+21.73% (above 0%: growing)	+500.00% (above 0%: growing)	−40.38% (below 0%: shrinking)	43.63%	1.91%	Compare
HUBS HubSpot, Inc.	$11.9B	81.5×	56.8×	+19.83% (above 0%: growing)	n/m	+44.84% (above 0%: growing)	82.35%	4.75%	Compare
Median of peers	$13.8B	62.9×	40.5×	+18.00%	+11.88%	+22.20%	80.52%	13.16%

All 237 Software Application stocks →

Tyler Technologies, Inc. (TYL) key facts

Strength: Tyler Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.10% from fiscal 2024.
Tyler Technologies, Inc. (TYL) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, TYL traded at $360.87, a market capitalization of $14.9 billion.
Return on equity was 8.90% and debt-to-equity 0.46.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 7.25 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.