TYL · NYSE · Software - Application

Tyler Technologies (TYL)

Connects government operations through software, payments, data, and digital services.

$330.74
vs last close−1.72 (−0.52%)
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Tyler Technologies, Inc.TYL
Information Technology

Sells mission-critical software, payments, and digital services to local, state, and federal agencies. Enterprise Software and Platform Technologies earn mainly subscription and transaction fees from government systems of record and shared platforms for payments, data, and resident workflows.

Builds mission-critical software for local, state, and federal agencies, with operations concentrated in the United States and selected international markets. Enterprise Software spans Public Administration, Courts & Public Safety, K-12 Education, Health & Human Services, and Property & Recording products. Platform Technologies adds Payments, Digital Solutions, Data & Insights, low-code application development, Outdoor Recreation, and Cybersecurity.

Revenue comes mainly from SaaS subscriptions and transaction fees, supplemented by maintenance, implementation, training, and data conversion. Deep public-sector domain knowledge, integrated systems across agency functions, and long client relationships support cross-selling and recurring revenue while on-premises clients migrate to cloud delivery.

Operations depend on public-sector budgets and procurement, secure handling of sensitive data, transaction volumes and payment partners, and third-party cloud infrastructure including AWS.

Company facts

CEOH. Lynn Moore Jr.
ListedMar 17, 1980
ExchangeNYSE
HeadquartersPlano, TX
CountryUnited States
Employees7,800
CIK0000860731
ISINUS9022521051

Market cap$13.62B
EPS (ttm)$7.54
P/E (ttm)44.09
ROE9.3%
P/B4.48
P/S5.60
Dividend yieldDiv yield
Beta0.07vs XLK −0.77

Price target$422.50+27.1%Average of 37 analysts
ConsensusBuy25 of 37 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 31, 2026UBSTarget
Target:
Target: $395
Jul 22, 2026GuggenheimInitiate
Rating: Target:
Rating: BuyTarget: $440
Jun 10, 2026Stifel NicolausTarget
Target: $550
Target: $400
Jun 10, 2026Cantor FitzgeraldTarget
Target: $360
Target: $340
Jun 10, 2026BarclaysReiterate
Rating: Target: $420
Rating: OverweightTarget: $425

Next report
Oct 28, 26
in 36 days
EPS estimate
$3.45
Revenue estimate
$651.7M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$2.43$2.78$2.91$2.97$2.64$3.09$3.08Pending
Estimate$2.44$2.56$2.77$2.86$2.71$3.00$3.05$3.45
Surprise−0.4%+8.6%+5.1%+3.8%−2.6%+3.0%+1.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$541.1M$565.2M$596.1M$595.9M$575.2M$613.5M$645.1MPending
Estimate$540.7M$556.8M$587.6M$594.3M$591.0M$608.7M$647.9M$651.7M
Surprise+0.1%+1.5%+1.5%+0.3%−2.7%+0.8%−0.4%
Estimate$3.45
ReportedDue Oct 28, 2026
Estimate$651.7M
ReportedDue Oct 28, 2026
View details

Debt to equity47.90%
Current ratio155.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$543.3M$541.1M$565.2M$596.1M$595.9M$575.2M$613.5M$645.1M
Net income$75.9M$65.2M$81.1M$84.6M$84.4M$65.5M$81.2M$93.5M
Net margin14.0%12.1%14.3%14.2%14.2%11.4%13.2%14.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$82.8M$71.7M$89.2M$95.6M$97.9M$75.0M$99.8M$95.1M
YoY growth+29.5%+50.1%+33.1%+22.5%+18.2%+4.6%+11.9%−0.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $970.0M · Total debt $1.46B · Total assets $5.81B · Shareholders' equity $3.04B

Revenue
$645.1M
Operating income
$95.1M
Net income
$93.5M
View details

No dividends on record.

Institutions≈ 106.13%43.46M shares
780 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.41%169.6K shares
12 holders · as of Sep 1, 2026
Adds to106.54%

40.95M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 106.54%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.43%3.86Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.73%2.76Mas of Jun 30, 2026
Norges BankInstitution
6.53%2.67Mas of Jun 30, 2026
Capital Management, LLCInstitution
5.35%2.19Mfiled Feb 14, 2018
Vanguard Portfolio Management LLCInstitution
5.17%2.12Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 28, 2026H. Lynn Jr Mooredirector, officer: President and CEO−9,250$372.79
Aug 24, 2026Jeffrey David Puckettofficer: Chief Operating Officer−8,500$356.44
Mar 12, 2026Glenn A. Carterdirector−1,624$349.14
Mar 5, 2026Jeffrey David Puckettofficer: Chief Operating Officer−5,174$369.93
Mar 2, 2026Daniel M. Popedirector−500$355.40
View details

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    Public-safety records, evidence, and real-time software overlap.

Compare

CompanyPriceChange
Tyler Technologies$330.74−0.52%$13.62B44.123.15.6+8.2%
Motorola Solutions$458.66−0.59%$76.58B36.325.36.3+13.3%
Oracle$150.16+1.08%$427.95B23.317.76.0+29.6%
Workday$190.08−0.96%$50.27B38.915.84.9+12.8%
Salesforce$232.32−1.74%$193.63B21.615.84.4+10.8%
SAP (ADR)$210.03+0.39%$243.79B26.823.05.6+5.8%
Daily Journal$657.76−1.57%$920.7M9.4+15.3%
Axon Enterprise$455.79+0.82%$36.44B187.450.811.3+35.3%
Median31.620.36.0+13.3%