Tyler TechnologiesTYLEarnings & Financial Report
Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.
Revenue
$512.4M
Gross Profit
$223.7M
Operating Profit
$67.0M
Net Profit
$54.2M
Gross Margin
43.7%
Operating Margin
13.1%
Net Margin
10.6%
YoY Growth
8.6%
EPS
$1.26
Tyler Technologies Q1 FY2024 Financial Summary
Tyler Technologies reported revenue of $512.4M (up 8.6% YoY) for Q1 FY2024, with a net profit of $54.2M (up 75.4% YoY) (10.6% margin). Cost of goods sold was $288.7M, operating expenses totaled $156.7M.
Key Financial Metrics
| Total Revenue | $512.4M |
|---|---|
| Net Profit | $54.2M |
| Gross Margin | 43.7% |
| Operating Margin | 13.1% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
Tyler Technologies Q1 FY2024 revenue of $512.4M breaks down across 7 segments, led by Recurring Revenue at $291.2M (56.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Recurring Revenue | $291.2M | 56.8% |
| Nonrecurring Revenue | $71.8M | 14.0% |
| Professional Services | $64.8M | 12.6% |
| Transaction Based Fees | $51.9M | 10.1% |
| Transferred At Point In Time | $16.5M | 3.2% |
| Software Licenses And Royalties | $8.7M | 1.7% |
| Hardware And Other | $8.4M | 1.6% |
Tyler Technologies Revenue by Segment — Quarterly Trend
Tyler Technologies revenue by segment across the last 4 reported quarters, showing how each business line (such as Recurring Revenue and Nonrecurring Revenue) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Recurring Revenue | — | — | $362.2M | — |
| Nonrecurring Revenue | — | $51.3M | $73.9M | $69.7M |
| Professional Services | — | $55.3M | $64.7M | $58.6M |
| Transaction Based Fees | — | — | $78.3M | — |
Tyler Technologies Annual Revenue by Year
Tyler Technologies annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.3B |
| 2024 | $2.1B |
| 2023 | $2.0B |
| 2022 | $1.9B |
Tyler Technologies Quarterly Revenue & Net Profit History
Tyler Technologies results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $613.5M | +8.6% | $81.2M | 13.2% |
| Q4 FY2025 | $575.2M | +6.3% | $65.5M | 11.4% |
| Q3 FY2025 | $595.9M | +9.7% | $84.4M | 14.2% |
| Q2 FY2025 | $596.1M | +10.2% | $84.6M | 14.2% |
| Q1 FY2025 | $565.2M | +10.3% | $81.1M | 14.3% |
| Q4 FY2024 | $541.1M | +12.5% | $65.2M | 12.1% |
| Q3 FY2024 | $543.3M | +9.8% | $75.9M | 14.0% |
| Q2 FY2024 | $541.0M | +7.3% | $67.7M | 12.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $541.0M | $543.3M | $541.1M | $565.2M | $596.1M | $595.9M | $575.2M | $613.5M |
| YoY Growth | 7.3% | 9.8% | 12.5% | 10.3% | 10.2% | 9.7% | 6.3% | 8.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.82B | $5.00B | $5.18B | $5.19B | $5.43B | $5.46B | $5.64B | $4.80B |
| Liabilities | $1.69B | $1.72B | $1.79B | $1.68B | $1.79B | $1.85B | $1.94B | $1.24B |
| Equity | $3.13B | $3.28B | $3.39B | $3.51B | $3.63B | $3.60B | $3.70B | $3.56B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $64.3M | $263.7M | $224.8M | $56.2M | $98.3M | $255.2M | $243.9M | $107.3M |