The financials
Tyler Technologies by the numbers
Tyler Technologies (TYL) reported revenue of $614M in Q1 2026 (quarter ended March 31, 2026), up 8.6% from the same quarter a year earlier. That came with a gross margin of 48% and net income of $81M (13% of revenue). For the full year FY2025, revenue was $2.33B (+9.1% year on year) and net income $316M. Its largest product in 2026-Q1 was Subscription And Circulation at $430M, 72% of the disclosed total, just ahead of Transaction Based Fees at 16%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $614M | $565M | +8.6% |
| Gross profit | $296M | $267M | +11% |
| Operating income | $100M | $89M | +12% |
| Net income | $81M | $81M | +0.2% |
| Diluted EPS | $1.88 | $1.84 | +2.2% |
| Product | Revenue | Share |
|---|---|---|
| Subscription And Circulation | $430M | 72% |
| Transaction Based Fees | $95M | 16% |
| Professional Services | $61M | 10% |
| Service Other | $14M | 2.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $599.7M (+5.6%)
Transaction Based Fees grew +36% year on yearProfessional Services -5.1% year on year
Segment Latestquarter on quarteryear on year
- Subscription And Circulation$429.7M$429.7MQoQ +7.1%year on year +15%+7.1%+15%
- Transaction Based Fees$95.0M$95.0MQoQ +21%year on year +36%+21%+36%
- Professional Services$60.8M$60.8MQoQ -6.1%year on year -5.1%-6.1%-5.1%
- Service Other$14.1M$14.1MQoQ -year on year +5.6%-+5.6%
- Hardware And Other--QoQ -year on year ---
- License--QoQ -year on year ---
- Software Licenses And Royalties--QoQ -year on year ---
Software - Application
Ranks #53 of 90 by Smart Score