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Stocks/Information Technology/Application Software

Tyler TechnologiesTYL

Application Software · Plano, Texas · In the S&P 500
Solid business
$394.30+5.45%After hours: $395.00 (+0.18%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 17.5% over 1 year
Tyler Technologies over 1 yearDaily close, $, to 30 Oct 2026
$300Nov2026MarMayJulSep$394.30$300NovMarJul$394.30
Source: Nasdaq daily closes
Market value$15.68B
Price to earnings49.6x
Forward P/E27.4x
Dividend yield–
Year to date−13.1%
One year−17.5%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$275.27$478.08

Quality and valuation

How Tyler Technologies compares with other information technology stocks. A description, not a recommendation.

Tyler Technologies and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among information technology companies, priced about in line with them.

Tyler Technologies trades at 27.4 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.0% vs +20.6%
  • Keeps less of each sale (gross margin): 47.7% vs 61.5%
  • Less profitable (operating margin): 15.6% vs 17.0%
  • Turns more of its sales into cash: 29.9% vs 21.7%
TYL trades at 27.4x forward earnings, above the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xTYL27.4xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xTYL27.4xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 49.6x earnings, TYL is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
75x100xAverage 71.3x2025202649.6x100xAverage 71.3x2025202649.6x
Source: Nasdaq prices; SEC filings

Financials

From Tyler Technologies's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 8.7% from a year earlierQuarterly revenue, $m, latest Q3 ’26
$0m$200m$400m$600mQ4 ’24Q2 ’25Q4 ’25$648mQ3 ’26$0m$250m$500mQ4 ’24Q2 ’25Q4 ’25$648mQ3 ’26
Source: SEC filings
Growth sped up to +8.7% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’258.7%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’258.7%Q3 ’26
Source: SEC filings
Operating margin was 18.1% last quarterOperating income as a share of revenue, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’2518.1%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2518.1%Q3 ’26
Source: SEC filings
Free cash flow was $741 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$100m$200mQ4 ’24Q2 ’25Q4 ’25$278mQ3 ’26$0m$100m$200mQ4 ’24Q2 ’25Q4 ’25$278mQ3 ’26
Source: SEC filings
Last 12 monthsTYLSector median
Revenue growth+8.0%+20.6%
Gross margin47.7%61.5%
Operating margin15.6%17.0%
Free cash flow margin29.9%21.7%
Price to earnings49.6x33.1x

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Application Software, by market value.

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ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
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