Saturday 31 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.

393.74 19.81 +5.30%

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Market cap: $14.9B
P/E: 51.6×
Fwd P/E: 45.5×
Dividend yield: —
F-score: 6/9
Altman Z: 7.25
Beneish M: −2.70
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Tyler Technologies, Inc. (TYL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Enterprise Software	1,694	72.65%
Platform Technologies	629	26.95%
Gross margin		46.46%
Operating margin		15.34%
Pre-tax margin		16.74%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023
Subscription and Circulation	1,586 68.01%	1,343 62.82%	1,160 59.41%
Maintenance	446 19.11%	463 21.66%	467 23.91%
Professional services	243 10.41%	264 12.35%	250 12.81%
Hardware and other	45 1.93%	41 1.94%	38 1.92%
Software licenses and royalties	13 0.55%	26 1.23%	38 1.95%
Revenue	2,332	2,138	1,952

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023
Subscriptions, maintenance, and professional services	‡	‡	‡
Amortization of acquired software	‡	‡	‡
Hardware and other	‡	‡	‡
Amortization of software development	‡	‡	‡
Software licenses and royalties	‡	‡	‡
Gross profit	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
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	‡	‡	‡

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Enterprise Software	1,694 72.65%	1,512 70.71%	1,350 69.15%	1,257 67.95%	1,166 73.20%	1,059 94.81%	975 89.77%	829 88.60%	765 90.99%	690 90.77%	529 89.52%	439 88.95%	368 88.26%	314 86.52%	260 83.95%	243 84.04%	245 84.24%
Platform Technologies	629 26.95%	619 28.97%	595 30.47%	587 31.74%	446 27.99%	77 6.91%	—	—	—	—	—	—	—	—	—	—	—
Appraisal And Tax	—	—	—	—	—	—	120 11.08%	115 12.29%	82 9.70%	74 9.72%	63 10.71%	55 11.12%	50 12.01%	50 13.65%	51 16.38%	48 16.60%	46 15.95%
Nic	—	—	—	—	—	—	0 0.00%	—	—	—	—	—	—	—	—	—	—
Corporate	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(2) (0.64%)	(1) (0.19%)
Eliminations	—	—	—	—	(19) (1.19%)	(19) (1.71%)	(9) (0.85%)	(8) (0.88%)	(6) (0.69%)	—	—	—	—	—	—	—	—
Revenue	2,332	2,138	1,952	1,850	1,592	1,117	1,086	935	841	760	591	493	417	363	309	289	290

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Enterprise Software	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Platform Technologies	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Appraisal And Tax	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Nic	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annualized recurring revenue (ARR)	Q3 FY2026	$2.3B	$2.1B	+11.22%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
Annualized recurring revenue (ARR)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.