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Side-by-side financial comparison of Pediatrix Medical Group, Inc. (MD) and Tyler Technologies (TYL). Click either name above to swap in a different company.

Tyler Technologies is the larger business by last-quarter revenue ($613.5M vs $493.8M, roughly 1.2× Pediatrix Medical Group, Inc.). Tyler Technologies runs the higher net margin — 13.2% vs 6.8%, a 6.4% gap on every dollar of revenue. On growth, Tyler Technologies posted the faster year-over-year revenue change (8.6% vs -1.7%). Over the past eight quarters, Tyler Technologies's revenue compounded faster (6.5% CAGR vs -0.1%).

Pediatrix Medical Group, Inc. is a leading U.S. specialized medical service provider focusing on maternal-fetal care, neonatology, pediatric cardiology and other pediatric subspecialties. It partners with U.S. healthcare facilities to deliver evidence-based care to women, newborns and children.

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.

MD vs TYL — Head-to-Head

Bigger by revenue
TYL
TYL
1.2× larger
TYL
$613.5M
$493.8M
MD
Growing faster (revenue YoY)
TYL
TYL
+10.3% gap
TYL
8.6%
-1.7%
MD
Higher net margin
TYL
TYL
6.4% more per $
TYL
13.2%
6.8%
MD
Faster 2-yr revenue CAGR
TYL
TYL
Annualised
TYL
6.5%
-0.1%
MD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MD
MD
TYL
TYL
Revenue
$493.8M
$613.5M
Net Profit
$33.7M
$81.2M
Gross Margin
48.3%
Operating Margin
9.9%
16.3%
Net Margin
6.8%
13.2%
Revenue YoY
-1.7%
8.6%
Net Profit YoY
10.5%
EPS (diluted)
$0.40
$1.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MD
MD
TYL
TYL
Q1 26
$613.5M
Q4 25
$493.8M
$575.2M
Q3 25
$492.9M
$595.9M
Q2 25
$468.8M
$596.1M
Q1 25
$458.4M
$565.2M
Q4 24
$502.4M
$541.1M
Q3 24
$511.2M
$543.3M
Q2 24
$504.3M
$541.0M
Net Profit
MD
MD
TYL
TYL
Q1 26
$81.2M
Q4 25
$33.7M
$65.5M
Q3 25
$71.7M
$84.4M
Q2 25
$39.3M
$84.6M
Q1 25
$20.7M
$81.1M
Q4 24
$30.5M
$65.2M
Q3 24
$19.4M
$75.9M
Q2 24
$-153.0M
$67.7M
Gross Margin
MD
MD
TYL
TYL
Q1 26
48.3%
Q4 25
45.5%
Q3 25
47.2%
Q2 25
45.8%
Q1 25
47.3%
Q4 24
43.8%
Q3 24
43.7%
Q2 24
44.0%
Operating Margin
MD
MD
TYL
TYL
Q1 26
16.3%
Q4 25
9.9%
13.0%
Q3 25
13.8%
16.4%
Q2 25
12.8%
16.0%
Q1 25
7.0%
15.8%
Q4 24
7.8%
13.2%
Q3 24
6.6%
15.2%
Q2 24
-31.3%
14.4%
Net Margin
MD
MD
TYL
TYL
Q1 26
13.2%
Q4 25
6.8%
11.4%
Q3 25
14.5%
14.2%
Q2 25
8.4%
14.2%
Q1 25
4.5%
14.3%
Q4 24
6.1%
12.1%
Q3 24
3.8%
14.0%
Q2 24
-30.3%
12.5%
EPS (diluted)
MD
MD
TYL
TYL
Q1 26
$1.88
Q4 25
$0.40
$1.50
Q3 25
$0.84
$1.93
Q2 25
$0.46
$1.93
Q1 25
$0.24
$1.84
Q4 24
$0.37
$1.48
Q3 24
$0.23
$1.74
Q2 24
$-1.84
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MD
MD
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$375.2M
$346.4M
Total DebtLower is stronger
$570.5M
Stockholders' EquityBook value
$865.9M
$3.6B
Total Assets
$2.2B
$4.8B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MD
MD
TYL
TYL
Q1 26
$346.4M
Q4 25
$375.2M
$1.1B
Q3 25
$340.1M
$950.8M
Q2 25
$224.7M
$892.3M
Q1 25
$99.0M
$807.4M
Q4 24
$229.9M
$768.0M
Q3 24
$103.8M
$544.3M
Q2 24
$19.4M
$258.0M
Total Debt
MD
MD
TYL
TYL
Q1 26
Q4 25
$570.5M
$599.7M
Q3 25
$577.2M
$599.2M
Q2 25
$583.9M
$598.8M
Q1 25
$590.5M
$598.4M
Q4 24
$597.1M
$597.9M
Q3 24
$597.5M
Q2 24
$597.1M
Stockholders' Equity
MD
MD
TYL
TYL
Q1 26
$3.6B
Q4 25
$865.9M
$3.7B
Q3 25
$890.7M
$3.6B
Q2 25
$833.8M
$3.6B
Q1 25
$789.2M
$3.5B
Q4 24
$764.9M
$3.4B
Q3 24
$732.5M
$3.3B
Q2 24
$706.5M
$3.1B
Total Assets
MD
MD
TYL
TYL
Q1 26
$4.8B
Q4 25
$2.2B
$5.6B
Q3 25
$2.2B
$5.5B
Q2 25
$2.1B
$5.4B
Q1 25
$2.0B
$5.2B
Q4 24
$2.2B
$5.2B
Q3 24
$2.1B
$5.0B
Q2 24
$2.0B
$4.8B
Debt / Equity
MD
MD
TYL
TYL
Q1 26
Q4 25
0.66×
0.16×
Q3 25
0.65×
0.17×
Q2 25
0.70×
0.16×
Q1 25
0.75×
0.17×
Q4 24
0.78×
0.18×
Q3 24
0.18×
Q2 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MD
MD
TYL
TYL
Operating Cash FlowLast quarter
$114.1M
$107.3M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.39×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MD
MD
TYL
TYL
Q1 26
$107.3M
Q4 25
$114.1M
$243.9M
Q3 25
$137.3M
$255.2M
Q2 25
$137.2M
$98.3M
Q1 25
$-117.5M
$56.2M
Q4 24
$133.0M
$224.8M
Q3 24
$91.8M
$263.7M
Q2 24
$107.0M
$64.3M
Free Cash Flow
MD
MD
TYL
TYL
Q1 26
$2.0M
Q4 25
$239.6M
Q3 25
$251.3M
Q2 25
$92.8M
Q1 25
$53.8M
Q4 24
$221.0M
Q3 24
$260.8M
Q2 24
$57.7M
FCF Margin
MD
MD
TYL
TYL
Q1 26
0.3%
Q4 25
41.7%
Q3 25
42.2%
Q2 25
15.6%
Q1 25
9.5%
Q4 24
40.8%
Q3 24
48.0%
Q2 24
10.7%
Capex Intensity
MD
MD
TYL
TYL
Q1 26
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.7%
Q3 24
0.5%
Q2 24
1.2%
Cash Conversion
MD
MD
TYL
TYL
Q1 26
1.32×
Q4 25
3.39×
3.72×
Q3 25
1.91×
3.02×
Q2 25
3.49×
1.16×
Q1 25
-5.66×
0.69×
Q4 24
4.36×
3.45×
Q3 24
4.72×
3.47×
Q2 24
0.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MD
MD

Health Care Patient Service$421.6M85%
Hospitals Contracts$70.0M14%
Other$2.2M0%

TYL
TYL

Subscriptions$429.7M70%
Maintenance$108.9M18%
Other$74.9M12%

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