Loading…
Tyler Technologies, Inc.
NYSE: TYL Technology IT 🔎 Screen
S&P 500
$14.4B
Market Cap
63.0
P/E
2.42
PEG
8.9%
ROCE
8.9%
ROE
0.17
D/E
15.4%
OPM
-38.4%
% from 52W High
25
α RS
🔍 TYL is showing a high-conviction setup because it matches 3 of 39 tracked screener presets, Sector RRG has Technology in the Leading quadrant with the trail still strengthening, and debt_free_growers preset's Backtest win rate is 53.6% over 90 days. Net: Broad signal stack, not a recommendation. ? Conviction RRG Backtest
Sources
Conviction 3/39 · Technology in Leading quadrant · Backtest win rate 53.6%
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for TYL including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding TYL
View All Superinvestors →
Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 23.6K $8.1M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Vague ↓ Deteriorating 4 quarters Full tone analysis in Intelligence →
📊 MIXED Tyler Technologies Q1 2026: Record recurring revenue, free cash flow doubles, cloud momentum strong.
Revenue & Profitability
Free cash flow more than doubled compared to Q1 2025. Full-year revenue guidance was raised, primarily due to the For The Record acquisition contributing approximately $30 million. Operating margins continued to improve, and the company repaid its convertible debt at maturity. No specific total revenue or net income figures were disclosed.
Outlook
Management described robust public sector demand with an active pipeline and growing momentum across cloud solutions and AI. The market is characterized as steady and strong. The company expressed high confidence in meeting its 2030 targets, including 80% of on-premise customers moving to the cloud.
Growth Drivers
Key growth drivers include SaaS conversions (peak expected 2027-2029), cross-selling (average products per customer from 3 to 10-12), state sales team expansion, and AI-driven deals like Document Automation (e.g., Miami-Dade $800k deal and Harris County ~$1M deal). A new statewide digital motor vehicle titling deal is expected to generate over $20 million annually in transaction revenues.
Balance Sheet & CapEx
CapEx was slightly lower in Q1 due to timing, but no specific CapEx guidance for the year was provided. R&D investment is balanced across product innovation and AI, with resources being reallocated from COGS to R&D as the cloud transition evolves.
Margins
Operating margins continue to benefit from the cloud model transition. Management expects further leverage in cloud delivery gross margins as the single release stream initiative progresses. No specific margin guidance or targets were provided.
Key Risks
Management noted that quarterly bookings can be lumpy due to the timing of large deals. The AI ramp in the public sector is expected to be slower than in the private sector. The pace of on-premise cloud flips depends on complex client-specific factors, such as hardware replacement cycles and IT roadmaps.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Strong SaaS revenue and bookings growth, record free cash flow, and robust public sector demand highlighted the quarter. Strategic moves included a convertible debt offering, significant share repurchases, and the For The Record acquisition. AI adoption and cloud migration incentives are expected to drive future growth.
Q1 2026 Q1 2026 2026-04-30
Record Q1 results with recurring revenue and free cash flow at all-time highs, driven by robust public sector demand and accelerating cloud and AI adoption. Guidance raised for 2026, reflecting the For The Record acquisition and strong transaction-based business.
Q4 2025 Q4 2025 2026-02-12
Q4 2025 saw strong recurring revenue and free cash flow, with SaaS and transaction-based growth exceeding expectations. 2026 guidance calls for 8%+ revenue growth, 20%+ SaaS growth, and robust free cash flow, supported by a strong public sector market and strategic investments in AI and cloud.
Q3 2025 Q3 2025 2025-10-30
Q3 revenues grew nearly 10% year-over-year, led by 20% SaaS and 11.5% transaction revenue growth. Bookings hit new highs, margins expanded, and guidance for 2025 and 2026 remains strong, with SaaS growth expected at 20%. AI and recent acquisitions are driving cross-sell and upsell opportunities.
Q2 2025 Q2 2025 2025-07-31
Q2 delivered double-digit revenue growth, 21.5% SaaS growth, and 80.9% higher free cash flow, with strong transaction-based revenues and margin expansion. Annual guidance was raised, and the Emergency Networking acquisition strengthens the public safety portfolio.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.