Tyler Technologies, Inc. (TYL)
Tyler Technologies builds the essential software that keeps local governments, courts, and schools running smoothly across the United States.
Is Tyler Technologies, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Provides essential services that are rarely cut from government budgets. Worth weighing: Sales cycles are notoriously slow due to government bureaucracy.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Tyler Technologies, Inc. do?
Think of Tyler Technologies as the digital backbone for public services, providing the systems that handle everything from property taxes and court records to school administration. Selling software licences and charging ongoing fees for maintenance and cloud-based services is how the cash comes in. Winning over more local authorities to switch from old, paper-based systems to their modern digital platforms is what drives them forward.
On our factor screen it looks strongest on quality and growth, and weakest on income.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 8% over the year
- !High P/E of 42 - big growth is already priced in
- —
- Momentum screens low
- Income screens low
Does Tyler Technologies, Inc. pay a dividend?
No - Tyler Technologies, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does Tyler Technologies, Inc. have more cash or more debt?
It holds about $970.04M in cash against about $1.46B of debt - so it has net debt of about $485.00M. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Tyler Technologies, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Tyler Technologies, Inc. actually fallen?
Over the last 2 years of daily prices, Tyler Technologies, Inc. fell as much as −57% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Tyler Technologies, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Where does each £100 of Tyler Technologies, Inc.'s sales go?
A rough split of the latest full-year figures: of every £100 of sales, about £53 covers making the product or service, £34 goes on running costs, tax and interest, and about £13 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.
When does Tyler Technologies, Inc. report earnings, and how did recent quarters go?
Tyler Technologies, Inc. is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-29 | $3.07 | $3.08 | In line |
| 2026-04-29 | $3.01 | $3.09 | Beat +3% |
| 2026-02-11 | $2.73 | $2.64 | Missed -3% |
| 2025-10-29 | $2.86 | $2.97 | Beat +4% |
| 2025-07-30 | $2.78 | $2.91 | Beat +5% |
| 2025-04-23 | $2.56 | $2.78 | Beat +9% |
Across the last 6 quarters here, Tyler Technologies, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Tyler Technologies, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Becoming the standard provider for the majority of US local government digital infrastructure.
Long-term stagnation in public sector spending on technology upgrades.
What are the pros and cons of Tyler Technologies, Inc.?
A balance check, not a score or verdict.
- Provides essential services that are rarely cut from government budgets
- High customer loyalty due to the difficulty of switching complex software
- Steady, recurring revenue from long-term service contracts
- Sales cycles are notoriously slow due to government bureaucracy
- No dividend payments for those looking for regular income
- Growth has been relatively modest compared to other tech sectors
- Heavy reliance on US government spending levels
- Potential for cybersecurity threats targeting public data
- High valuation multiples can make the share price sensitive to interest rate changes
The write-up's own warning lights — if these start happening, the case above changes.
- A significant, sustained drop in government technology spending
- A major security breach that damages the company's reputation with public officials
Common questions about Tyler Technologies, Inc.
Does Tyler Technologies, Inc. pay a dividend?
No - Tyler Technologies, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Tyler Technologies, Inc. report earnings next?
Tyler Technologies, Inc. is next scheduled to report results on about 2026-10-28. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.