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Side-by-side financial comparison of SFL Corp Ltd. (SFL) 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 $353.7M, roughly 1.7× SFL Corp Ltd.). Tyler Technologies runs the higher net margin — 13.2% vs 1.1%, a 12.1% gap on every dollar of revenue. On growth, Tyler Technologies posted the faster year-over-year revenue change (8.6% vs -27.0%).

SFL Corp Ltd is a global maritime transportation and vessel owning enterprise with a diversified fleet including container ships, oil tankers, dry bulk carriers and offshore support vessels. It serves international logistics, energy and bulk commodity sectors, offering long-term and spot charter services to clients across major global trade routes.

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.

SFL vs TYL — Head-to-Head

Bigger by revenue
TYL
TYL
1.7× larger
TYL
$613.5M
$353.7M
SFL
Growing faster (revenue YoY)
TYL
TYL
+35.5% gap
TYL
8.6%
-27.0%
SFL
Higher net margin
TYL
TYL
12.1% more per $
TYL
13.2%
1.1%
SFL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SFL
SFL
TYL
TYL
Revenue
$353.7M
$613.5M
Net Profit
$4.0M
$81.2M
Gross Margin
48.3%
Operating Margin
22.8%
16.3%
Net Margin
1.1%
13.2%
Revenue YoY
-27.0%
8.6%
Net Profit YoY
-93.9%
EPS (diluted)
$0.03
$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
SFL
SFL
TYL
TYL
Q1 26
$613.5M
Q4 25
$353.7M
$575.2M
Q3 25
$595.9M
Q2 25
$596.1M
Q1 25
$565.2M
Q4 24
$484.4M
$541.1M
Q3 24
$543.3M
Q2 24
$541.0M
Net Profit
SFL
SFL
TYL
TYL
Q1 26
$81.2M
Q4 25
$4.0M
$65.5M
Q3 25
$84.4M
Q2 25
$84.6M
Q1 25
$81.1M
Q4 24
$64.7M
$65.2M
Q3 24
$75.9M
Q2 24
$67.7M
Gross Margin
SFL
SFL
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
SFL
SFL
TYL
TYL
Q1 26
16.3%
Q4 25
22.8%
13.0%
Q3 25
16.4%
Q2 25
16.0%
Q1 25
15.8%
Q4 24
32.8%
13.2%
Q3 24
15.2%
Q2 24
14.4%
Net Margin
SFL
SFL
TYL
TYL
Q1 26
13.2%
Q4 25
1.1%
11.4%
Q3 25
14.2%
Q2 25
14.2%
Q1 25
14.3%
Q4 24
13.4%
12.1%
Q3 24
14.0%
Q2 24
12.5%
EPS (diluted)
SFL
SFL
TYL
TYL
Q1 26
$1.88
Q4 25
$0.03
$1.50
Q3 25
$1.93
Q2 25
$1.93
Q1 25
$1.84
Q4 24
$0.49
$1.48
Q3 24
$1.74
Q2 24
$1.57

Balance Sheet & Financial Strength

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

Metric
SFL
SFL
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$150.8M
$346.4M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$960.9M
$3.6B
Total Assets
$3.6B
$4.8B
Debt / EquityLower = less leverage
2.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFL
SFL
TYL
TYL
Q1 26
$346.4M
Q4 25
$150.8M
$1.1B
Q3 25
$950.8M
Q2 25
$892.3M
Q1 25
$807.4M
Q4 24
$134.6M
$768.0M
Q3 24
$544.3M
Q2 24
$258.0M
Total Debt
SFL
SFL
TYL
TYL
Q1 26
Q4 25
$2.6B
$599.7M
Q3 25
$599.2M
Q2 25
$598.8M
Q1 25
$598.4M
Q4 24
$2.9B
$597.9M
Q3 24
$597.5M
Q2 24
$597.1M
Stockholders' Equity
SFL
SFL
TYL
TYL
Q1 26
$3.6B
Q4 25
$960.9M
$3.7B
Q3 25
$3.6B
Q2 25
$3.6B
Q1 25
$3.5B
Q4 24
$1.1B
$3.4B
Q3 24
$3.3B
Q2 24
$3.1B
Total Assets
SFL
SFL
TYL
TYL
Q1 26
$4.8B
Q4 25
$3.6B
$5.6B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.2B
Q4 24
$4.1B
$5.2B
Q3 24
$5.0B
Q2 24
$4.8B
Debt / Equity
SFL
SFL
TYL
TYL
Q1 26
Q4 25
2.69×
0.16×
Q3 25
0.17×
Q2 25
0.16×
Q1 25
0.17×
Q4 24
2.54×
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
SFL
SFL
TYL
TYL
Operating Cash FlowLast quarter
$118.4M
$107.3M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
29.75×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFL
SFL
TYL
TYL
Q1 26
$107.3M
Q4 25
$118.4M
$243.9M
Q3 25
$255.2M
Q2 25
$98.3M
Q1 25
$56.2M
Q4 24
$182.4M
$224.8M
Q3 24
$263.7M
Q2 24
$64.3M
Free Cash Flow
SFL
SFL
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
SFL
SFL
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
SFL
SFL
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
SFL
SFL
TYL
TYL
Q1 26
1.32×
Q4 25
29.75×
3.72×
Q3 25
3.02×
Q2 25
1.16×
Q1 25
0.69×
Q4 24
2.82×
3.45×
Q3 24
3.47×
Q2 24
0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SFL
SFL

Segment breakdown not available.

TYL
TYL

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

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