vs

Side-by-side financial comparison of Envista Holdings Corp (NVST) and Tyler Technologies (TYL). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $613.5M, roughly 1.2× Tyler Technologies). Tyler Technologies runs the higher net margin — 13.2% vs 4.4%, a 8.8% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 8.6%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $2.0M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% CAGR vs 6.5%).

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

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.

NVST vs TYL — Head-to-Head

Bigger by revenue
NVST
NVST
1.2× larger
NVST
$750.6M
$613.5M
TYL
Growing faster (revenue YoY)
NVST
NVST
+6.4% gap
NVST
15.0%
8.6%
TYL
Higher net margin
TYL
TYL
8.8% more per $
TYL
13.2%
4.4%
NVST
More free cash flow
NVST
NVST
$89.7M more FCF
NVST
$91.7M
$2.0M
TYL
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
6.5%
TYL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NVST
NVST
TYL
TYL
Revenue
$750.6M
$613.5M
Net Profit
$32.9M
$81.2M
Gross Margin
54.7%
48.3%
Operating Margin
9.8%
16.3%
Net Margin
4.4%
13.2%
Revenue YoY
15.0%
8.6%
Net Profit YoY
2641.7%
EPS (diluted)
$0.20
$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
NVST
NVST
TYL
TYL
Q1 26
$613.5M
Q4 25
$750.6M
$575.2M
Q3 25
$669.9M
$595.9M
Q2 25
$682.1M
$596.1M
Q1 25
$616.9M
$565.2M
Q4 24
$652.9M
$541.1M
Q3 24
$601.0M
$543.3M
Q2 24
$633.1M
$541.0M
Net Profit
NVST
NVST
TYL
TYL
Q1 26
$81.2M
Q4 25
$32.9M
$65.5M
Q3 25
$-30.3M
$84.4M
Q2 25
$26.4M
$84.6M
Q1 25
$18.0M
$81.1M
Q4 24
$1.2M
$65.2M
Q3 24
$8.2M
$75.9M
Q2 24
$-1.2B
$67.7M
Gross Margin
NVST
NVST
TYL
TYL
Q1 26
48.3%
Q4 25
54.7%
45.5%
Q3 25
55.3%
47.2%
Q2 25
54.2%
45.8%
Q1 25
54.5%
47.3%
Q4 24
57.1%
43.8%
Q3 24
52.8%
43.7%
Q2 24
51.6%
44.0%
Operating Margin
NVST
NVST
TYL
TYL
Q1 26
16.3%
Q4 25
9.8%
13.0%
Q3 25
8.6%
16.4%
Q2 25
6.8%
16.0%
Q1 25
6.3%
15.8%
Q4 24
7.1%
13.2%
Q3 24
3.5%
15.2%
Q2 24
-182.2%
14.4%
Net Margin
NVST
NVST
TYL
TYL
Q1 26
13.2%
Q4 25
4.4%
11.4%
Q3 25
-4.5%
14.2%
Q2 25
3.9%
14.2%
Q1 25
2.9%
14.3%
Q4 24
0.2%
12.1%
Q3 24
1.4%
14.0%
Q2 24
-181.9%
12.5%
EPS (diluted)
NVST
NVST
TYL
TYL
Q1 26
$1.88
Q4 25
$0.20
$1.50
Q3 25
$-0.18
$1.93
Q2 25
$0.16
$1.93
Q1 25
$0.10
$1.84
Q4 24
$0.00
$1.48
Q3 24
$0.05
$1.74
Q2 24
$-6.69
$1.57

Balance Sheet & Financial Strength

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

Metric
NVST
NVST
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$346.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
$3.6B
Total Assets
$5.7B
$4.8B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVST
NVST
TYL
TYL
Q1 26
$346.4M
Q4 25
$1.2B
$1.1B
Q3 25
$1.1B
$950.8M
Q2 25
$1.1B
$892.3M
Q1 25
$1.1B
$807.4M
Q4 24
$1.1B
$768.0M
Q3 24
$991.3M
$544.3M
Q2 24
$1.0B
$258.0M
Total Debt
NVST
NVST
TYL
TYL
Q1 26
Q4 25
$1.4B
$599.7M
Q3 25
$1.4B
$599.2M
Q2 25
$1.4B
$598.8M
Q1 25
$1.4B
$598.4M
Q4 24
$1.4B
$597.9M
Q3 24
$1.4B
$597.5M
Q2 24
$1.5B
$597.1M
Stockholders' Equity
NVST
NVST
TYL
TYL
Q1 26
$3.6B
Q4 25
$3.1B
$3.7B
Q3 25
$3.1B
$3.6B
Q2 25
$3.1B
$3.6B
Q1 25
$3.0B
$3.5B
Q4 24
$2.9B
$3.4B
Q3 24
$3.1B
$3.3B
Q2 24
$3.0B
$3.1B
Total Assets
NVST
NVST
TYL
TYL
Q1 26
$4.8B
Q4 25
$5.7B
$5.6B
Q3 25
$5.6B
$5.5B
Q2 25
$5.7B
$5.4B
Q1 25
$5.5B
$5.2B
Q4 24
$5.4B
$5.2B
Q3 24
$5.5B
$5.0B
Q2 24
$5.4B
$4.8B
Debt / Equity
NVST
NVST
TYL
TYL
Q1 26
Q4 25
0.47×
0.16×
Q3 25
0.47×
0.17×
Q2 25
0.46×
0.16×
Q1 25
0.47×
0.17×
Q4 24
0.48×
0.18×
Q3 24
0.46×
0.18×
Q2 24
0.51×
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
NVST
NVST
TYL
TYL
Operating Cash FlowLast quarter
$108.0M
$107.3M
Free Cash FlowOCF − Capex
$91.7M
$2.0M
FCF MarginFCF / Revenue
12.2%
0.3%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.28×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$230.4M
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVST
NVST
TYL
TYL
Q1 26
$107.3M
Q4 25
$108.0M
$243.9M
Q3 25
$78.7M
$255.2M
Q2 25
$88.7M
$98.3M
Q1 25
$300.0K
$56.2M
Q4 24
$132.4M
$224.8M
Q3 24
$70.7M
$263.7M
Q2 24
$93.1M
$64.3M
Free Cash Flow
NVST
NVST
TYL
TYL
Q1 26
$2.0M
Q4 25
$91.7M
$239.6M
Q3 25
$67.9M
$251.3M
Q2 25
$76.4M
$92.8M
Q1 25
$-5.6M
$53.8M
Q4 24
$123.8M
$221.0M
Q3 24
$63.3M
$260.8M
Q2 24
$86.3M
$57.7M
FCF Margin
NVST
NVST
TYL
TYL
Q1 26
0.3%
Q4 25
12.2%
41.7%
Q3 25
10.1%
42.2%
Q2 25
11.2%
15.6%
Q1 25
-0.9%
9.5%
Q4 24
19.0%
40.8%
Q3 24
10.5%
48.0%
Q2 24
13.6%
10.7%
Capex Intensity
NVST
NVST
TYL
TYL
Q1 26
Q4 25
2.2%
0.8%
Q3 25
1.6%
0.7%
Q2 25
1.8%
0.9%
Q1 25
1.0%
0.4%
Q4 24
1.3%
0.7%
Q3 24
1.2%
0.5%
Q2 24
1.1%
1.2%
Cash Conversion
NVST
NVST
TYL
TYL
Q1 26
1.32×
Q4 25
3.28×
3.72×
Q3 25
3.02×
Q2 25
3.36×
1.16×
Q1 25
0.02×
0.69×
Q4 24
110.33×
3.45×
Q3 24
8.62×
3.47×
Q2 24
0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

TYL
TYL

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

Related Comparisons