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Stocks / United States / TYL · Services-Prepackaged Software · NYSE

Tyler Technologies Inc. (TYL)

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Tyler Technologies Inc. (TYL) reported revenue of $645 million for Q2 FY2026, the quarter ended 30 June 2026, up 8.2% on the same quarter a year earlier. Net income was $94 million, up 10.5% on the year, and diluted earnings per share $2.23. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$645 millionup 8.2%
Net income$94 millionup 10.5%
Diluted EPS$2.23
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE10.7%
ROCE8.3%
Operating margin15.1%
Net margin13.4%
FCF margin29.4%
Interest cover56.35
Debt to equity0.46
Cash conversion2.25
Share count, 1 year0.0%
Sales CAGR, 3 years8.0%
Profit CAGR, 3 years24.3%
EPS, TTM$7.54

At the close of 21 September 2026

Price$332.46
Market cap$16.0 billion
Stock P/E44.09
Price to book5.27
EV / EBITDA32.27
Dividend yieldn/a
Market cap / sales6.59
52-week high$536.16
52-week low$275.27
Price, 1 year-37.8%
Price CAGR, 3 years-5.1%
Price CAGR, 5 years-6.6%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the total debt Tyler Technologies Inc. states in its own filing, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TYL

Filings22 in twelve months: 15 current reports (8-K), about 8 other events; 4 results of operations; 2 material agreement; 2 new financial obligation; 2 regulation fd disclosure
Planned insider sales10 Form 144 notices in twelve months, $11.0 million; latest 28 August 2026
Options tapeput/call 0.26 by open interest on 23 September 2026; the straddle prices a 8.6% move to 16 October 2026
Holders7 of the followed funds hold it; largest Norges Bank; 4 Schedule 13D or 13G filings in twelve months
Insider trading13 sales and 2 purchases on Form 4 in twelve months
Congress4 House trades disclosed in six months
Short interest3.8 million shares short, 3.36 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue495481512541543541565596596575614645
Cost of revenue270268289303306304298323314313317338
Gross profit225213224238237237267273281262296307
Gross margin46%44%44%44%44%44%47%46%47%46%48%48%
Operating income63.947.767.078.082.871.789.295.697.975.099.895.1
Operating margin13%10%13%14%15%13%16%16%16%13%16%15%
Interest expense5.8n/a2.21.31.21.31.21.31.21.31.13.0
Pre-tax income58.944.666.678.786.176.895.310310885.0106121
Tax rate20%13%19%14%12%15%15%17%22%23%24%22%
Net income47.038.954.267.775.965.281.184.684.465.581.293.5
Net margin10%8%11%13%14%12%14%14%14%11%13%14%
Diluted EPS$1.10$0.90$1.26$1.57$1.74$1.48$1.84$1.93$1.93$1.50$1.88$2.23
Operating cash flow17714771.864.326422556.298.3255244107124
Capital expenditure6.18.07.36.62.93.82.35.53.94.33.25.1
Free cash flow17113964.657.726122153.892.8251240104119
Buybacksn/an/an/an/a0.0n/a0.01.61730.0250505
Shares outstanding48m48m48m48m48m48m48m48m48m48m48m48m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021 FY2022FY2023FY2024FY2025TTM
Revenue4935917608419351,0861,1171,5921,8501,9522,1382,3322,430
Cost of revenue2603144014424965705748831,0661,0911,2021,2491,283
Gross profit2332773593994405175437107848619361,0841,147
Gross margin47.3%46.9%47.3%47.5%47.0%47.6%48.6%44.6%42.4%44.1%43.8%46.5%47.2%
Selling, general and administrative108133165176208258260391n/an/an/an/an/a
Operating income94.8108138163152156173181214219300358368
Operating margin19.2%18.3%18.1%19.4%16.3%14.4%15.5%11.4%11.6%11.2%14.0%15.3%15.1%
Interest expensen/an/an/an/an/an/an/an/a28.423.65.95.06.5
Pre-tax income94.5108136163156160175159188198308390420
Income tax35.543.622.0-6.18.413.3-19.8-2.523.432.345.174.795.0
Effective tax rate37.6%40.2%16.2%-3.7%5.4%8.3%-11.3%-1.6%12.4%16.3%14.6%19.1%22.6%
Net income58.964.9114170147147195161164166263316325
Net margin12.0%11.0%15.0%20.2%15.8%13.5%17.4%10.1%8.9%8.5%12.3%13.5%13.4%
Diluted EPS$1.66$1.77$2.82$4.18$3.68$3.65$4.69$3.82$3.87$3.88$6.05$7.20$7.54
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021 FY2022FY2023FY2024FY2025TTM
Operating cash flown/a134192196250255355372381380625654731
Capital expenditure9.312.537.743.127.437.222.733.922.520.520.516.016.5
Free cash flown/a122154153223217332338359360604638714
Free cash flow marginn/a20.6%20.3%18.2%23.8%20.0%29.8%21.2%19.4%18.4%28.3%27.3%29.4%
Depreciation and amortisation14.619.649.853.461.876.781.7136159154143138144
Share-based compensation14.820.229.737.352.760.067.4105103108123151156
Buybacks22.80.61127.514717.815.513.00.00.00.0175928
Diluted shares, weighted35m37m39m39m40m40m42m42m42m43m43m44m42m
Shares outstanding at period endn/a48m48m48m48m48m48m48m48m48m48m48m48m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021 FY2022FY2023FY2024FY2025TTM
Total assets5701,3571,3791,6111,7912,1922,6074,7324,6874,6775,1805,6395,814
Cash and equivalents20633.136.21861342336043091741657451,015895
Receivables113176200246299374382521577620588639725
Goodwill1246546506587548408382,3602,4892,5322,5322,5902,755
Total debt, as filedn/an/an/an/an/an/an/an/an/an/an/a6001,409
Long-term debtn/an/an/an/an/an/an/a1,341987646598600n/a
Borrowings, as the company tags themn/an/an/an/an/an/a0.05935945965980.01,409
Operating lease liabilitiesn/an/an/an/a0.016.816.336.348.039.830.833.335.1
Shareholders' equity3378749351,1921,3251,6171,9862,3242,6242,9383,3883,7033,037
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded14.7%15.9%8.0%8.2%
Profit growth, compounded17.1%10.1%24.3%5.8%
Return on equity, average9.2%7.0%7.3%8.5%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Services-Prepackaged Software

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Microsoft Corp. MSFT$3.73 trillion27.9430.2%46.8%17.8%0.090.7%
Oracle Corp. ORCL$449.2 billion23.2928.3%32.1%21.6%3.051.3%
Palantir Technologies Inc. PLTR$439.9 billion156.4930.9%42.8%78.9%0.00n/a
CrowdStrike Holdings, Inc. CRWD$255.3 billionn/an/a3.6%24.3%0.15n/a
Salesforce, Inc. CRM$194.6 billion21.5725.2%19.9%11.2%1.020.7%
ServiceNow, Inc. NOW$142.3 billion85.8613.3%11.4%22.2%0.43n/a
Adobe Inc. ADBE$97.6 billion13.9361.9%35.7%12.0%0.41n/a
Datadog, Inc. DDOG$90.9 billion490.104.1%0.4%31.5%n/an/a
Intuit Inc. INTU$81.6 billion18.4824.0%27.4%13.9%0.401.6%
Cadence Design Systems Inc. CDNS$81.3 billion68.7417.8%28.3%13.4%0.38n/a
Synopsys Inc. SNPS$77.0 billion70.383.5%8.5%49.5%0.32n/a
Block, Inc. XYZ$47.4 billion139.121.6%4.7%5.1%0.26n/a
Autodesk, Inc. ADSK$45.7 billion28.3548.5%26.2%17.9%0.74n/a
Veeva Systems Inc. VEEV$42.3 billion42.7713.7%29.9%16.5%n/an/a
Take TWO Interactive Software Inc. TTWO$39.3 billionn/a-8.9%-2.4%15.3%0.70n/a
Gen Digital Inc. GEN$17.5 billion17.0539.6%41.7%20.2%3.071.7%
Tyler Technologies Inc. TYL$16.0 billion44.0910.7%15.1%8.2%0.46n/a
PTC Inc. PTC$15.0 billion13.1635.3%37.8%19.5%0.41n/a

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 202525 April 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 202423 October 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 202424 April 2024EDGAR

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