Tyler Technologies, Inc.
TYL · Price history
Price at last available close
$378.62
+$54.60 (+16.85%) 1M
2026-10-27
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Company & revenue
About Tyler Technologies, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
Tyler Technologies generates revenue primarily through the sale of software licenses, subscription-based SaaS arrangements, professional services, and maintenance support. The company focuses on the public sector, providing mission-critical software that enables government entities to manage operations, collect funds, and interact with constituents through long-term contracts.
Products & services
Integrated software and technology management solutions for the public sector, including court case management, electronic filing, payments platforms, data platforms, and low-code application development tools.
Brands & revenue mix
The primary brand under which the company markets its integrated software and technology management solutions.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
The company does not have a single customer that accounts for more than 10% of its total consolidated revenues as of the fiscal year ended December 31, 2025.
Suppliers, materials & equipment
- Cloud infrastructure and hosting providers — The company relies on third-party cloud service providers to host its SaaS and cloud-based software solutions.Source
Strengths
Sources
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Total debt increased 126.7% versus the same quarter last year.
Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
46
Weak
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
80
Strong
Financial Strength
76
Business Quality / Moat
92
Management
96
Growth Quality
40
Risk / Durability
93
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
35
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
46/100
Building Historical Record
Model Score 46/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Balance-sheet / debt profile scores strongly
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for TYL
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can TYL maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is TYL's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Does TYL's balance between cash and debt leave enough flexibility if business conditions weaken?
- •What future growth or profitability would be needed to justify TYL's current valuation?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of TYL's score?
Essential Investment Snapshot
Wall Street Score
46
Opportunity Score
35
Market Cap
$15.51B
P/E Ratio
43.3
EPS
$7.63
52-Week High
$524.43
52-Week Low
$270.71
Beta
0.83
Intrinsic Value
$187.32
Analyst Target
$425.00
Shares Outstanding
43.8M
Total Revenue
$2.43B
Total Debt
$1.46B
Dividend
No current dividend
Liquidation Value / Share
$69.32
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong upward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
0 active · 0 total callsNo personal call yet on TYL.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Deep domain expertise in the public sector.
- +Broadest integrated portfolio of mission-critical software for government.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Software - Application industry.
- −Dependence on government budget cycles and funding.
- −Risks associated with the integration of acquired businesses.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
46
Jul 24, 2026
Change
-0.5
points
Current Score
46
Oct 1, 2026
Category Changes
TYL decreased 0.5 points because Asset declined by 2.2 points, Capital declined by 2 points, Valuation declined by 4.3 points.
Negative Contributors
- − Asset declined by 2.2 points
- − Capital declined by 2 points
- − Valuation declined by 4.3 points
Projected Score
Projected Score
49
Projected Change
+3.2 points
Preliminary comparable-period financial changes suggest improvement of approximately 3.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$378.62
Model Intrinsic Value
$187.32
Difference
+$191.30
+102.1% vs IV
Margin of Safety
-102.1%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.43B | $2.33B | $2.14B | $1.95B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $1.30B | $1.31B | $1.26B | $1.17B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $1.13B | $1.03B | $876.1M | $786.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $228.5M | $204.6M | $117.9M | $109.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $492.5M | $465.0M | $458.7M | $458.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $764.9M | $669.6M | $576.6M | $567.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $477.6M | $543.2M | $466.5M | $392.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $367.8M | $357.7M | $299.5M | $218.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $6.5M | $5.0M | $5.9M | $23.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $419.6M | $390.3M | $308.2M | $198.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $95.0M | $74.7M | $45.1M | $32.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $324.6M | $315.6M | $263.0M | $165.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $7.63 | $7.32 | $6.17 | $3.95 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 41.56M | 43.09M | 42.61M | 42.02M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 41.85M | 43.81M | 43.50M | 42.77M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$645.1M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$2.23
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+126.7%
Cash Change
+13.7%
Margin Change
+0.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
What Weakened
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, net income margin. Pressure indicators included debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 8.2%. EPS increased 15.5%. Cash increased 13.7%. Total debt increased 126.7%. Net income margin improved by 0.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
24
Smart Money
24
Number of Gurus
1
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
2 historical records2 historical score records available.
Historical Score Chart
2 of 2 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · TYL
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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