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Tyler Technologies, Inc. is a leading provider of integrated software and technology management solutions for the public sector, serving local, state, and federal government entities. The company offers a broad range of software solutions and services designed to support essential government functions, including public safety, justice, public health, taxation, budgeting, infrastructure, land use, utility and civic services, regulation, K-12 education, and social services . Tyler's business is organized into two main segments: Enterprise Software (ES) and Platform Technologies (PT) . The company generates revenue primarily from subscription-based services, including software as a service (SaaS) and transaction-based fees related to digital government services and online payment processing .
- Enterprise Software (ES) - Provides software systems for mission-critical "back-office" functions such as public administration, courts, public safety, education, and property recording solutions.
- Platform Technologies (PT) - Offers platform and transformative solutions, including digital solutions, payment processing, and streamlined data processing.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
H. Lynn Moore, Jr. ExecutiveBoard | President and Chief Executive Officer | None | Joined TYL in 1998. Held roles including General Counsel, Secretary, EVP, and President. Became CEO in 2018. Over 25 years of corporate and industry experience. | View Report → |
Brian K. Miller Executive | EVP, Chief Financial Officer, Treasurer | Board of Trustees Member, Texas A&M University 12th Man Foundation | Joined TYL in 1997. Held various senior financial roles. Over 35 years of public company financial management experience. CPA with prior audit experience at Ernst & Young. | |
Jeffrey D. Puckett Executive | Chief Operating Officer | None | Joined TYL in 1992. Former Chief Strategy Officer and President of Courts & Justice Division. Oversees cloud initiatives, corporate technology, IT, and information security teams. | |
Brenda A. Cline Board | Director | CFO, Treasurer, and Secretary of Kimbell Art Foundation; Chair of the Board of Trustees, American Beacon Funds; Director, Range Resources Corporation; Trustee, Texas Christian University (TCU) | Director since 2014. Chair of Audit Committee and member of Nominating and Governance Committee. CPA with extensive financial and governance experience. | |
Daniel M. Pope Board | Director | Executive Chair, Victory Bank; Member, Rawls College of Business Advisory Council at Texas Tech University | Director since 2016. Chair of Compensation Committee and member of Audit Committee. Former Mayor of Lubbock, Texas (2016-2022). | |
Dustin R. Womble Board | Director | Board of Regents, Texas Tech University System; Chair of the Board, Metallenium, LLC; Board Member, TRUNO; Board Member, Lubbock Christian Schools | Director since 2005. Former EVP of TYL and founder of INCODE, acquired by TYL in 1998. Over 35 years of industry experience. | |
Glenn A. Carter Board | Director | None | Director since 2014. Lead Independent Director, Chair of Nominating and Governance Committee, and member of Compensation Committee. Holds NACD Directorship Certification and CERT Certificate in Cybersecurity Oversight. |
- The Total Contract Value (TCV) of cloud flips tripled to $36 million this quarter; do you expect this level of growth in cloud flips to be sustainable, and how does this align with your projections for cloud adoption through 2030?
- You've indicated that competition in the market remains neutral, but can you provide more detail on how competitors like ServiceNow and Workday are impacting your business in key sub-verticals such as ERP and public safety?
- With some clients still hesitant to migrate to the cloud due to control concerns and aging infrastructure, what specific strategies are you implementing to address these hesitations and accelerate cloud adoption among your existing on-premise client base?
- Given that version consolidation is crucial for your cloud efficiency and margin improvement goals, particularly in products like Public Safety where consolidation may be lagging, what challenges are you facing in this process, and how might they affect your timeline for achieving targeted gross margin improvements?
- As the impact of ARPA funds on your deals has been somewhat mixed, how are you assessing the potential risks associated with the eventual depletion of these funds, and what measures are you taking to sustain your growth in the absence of such government funding?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
We compete with national firms, some of which have greater financial and technical resources than we do, including Oracle Corporation. | |
Infor | We compete with national firms, some of which have greater financial and technical resources than we do, including Infor. |
We compete with national firms, some of which have greater financial and technical resources than we do, including SAP AG. | |
We compete with national firms, some of which have greater financial and technical resources than we do, including Workday, Inc. | |
CentralSquare Technologies | We compete with national firms, some of which have greater financial and technical resources than we do, including CentralSquare Technologies. |
We compete with national firms, some of which have greater financial and technical resources than we do, including Thomson Reuters Corporation. | |
We compete with national firms, some of which have greater financial and technical resources than we do, including Motorola Solutions, Inc. | |
We compete with national firms, some of which have greater financial and technical resources than we do, including Axon Enterprise, Inc. | |
Constellation Software, Inc. | We compete with national firms, some of which have greater financial and technical resources than we do, including Constellation Software, Inc. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
MyGov | 2025 | Acquired on January 31, 2025 for approximately $18.5 million paid entirely in cash (subject to post‐closing adjustments). The deal expands Tyler’s public administration offerings by integrating community development and asset management solutions used by around 150 clients, primarily in Texas. |
ARInspect and ResourceX | 2023 | Completed on October 31, 2023 for a combined total of approximately $38 million paid in a mix of cash and stock. The acquisitions strategically enhance Tyler’s applications platform with AI-powered field operations (ARInspect) and priority-based budgeting solutions (ResourceX), addressing key challenges in traditional budgeting processes. |
Computer Systems Innovations (CSI) | 2023 | Finalized on August 8, 2023 for about $36.3 million (net of $0.4 million cash acquired), including cash and indemnity holdbacks. The acquisition adds AI-driven automation, redaction, and indexing technology to the Courts & Justice unit, boosting efficiency (e.g., 50% labor cost reduction for Tarrant County) and enriching Tyler’s AI & machine learning capabilities with $21.4M in goodwill and $16.8M in identifiable intangible assets. |
Small Acquisition | 2023 | Completed in early 2023 with a purchase price of $1.9 million, along with an additional $2.6 million in holdbacks noted for the nine months ended September 2023. Specific details about the target company or business focus were not disclosed in the documents. |
US eDirect Inc. | 2022 | Acquired on February 8, 2022 for a total of approximately $116.6–$116.7 million (net of $6.4 million cash acquired) with $5.0–$5.5 million in indemnity holdbacks subject to post‐closing adjustments. The acquisition strategically expands Tyler’s footprint in campground and outdoor recreation management, adding significant technology solutions along with $81.2–$91.7 million in goodwill and $34.1–$48.0 million in identifiable intangible assets. |
Recent press releases and 8-K filings for TYL.
- Revenues reached $565.2 million, up 10.3% year-over-year, driven by recurring revenues of $487.8 million with SaaS growth at 21% to $180.1 million.
- GAAP operating income increased to $89.2 million while non-GAAP operating income climbed to $151.4 million, reflecting strong margin expansion.
- The company provided robust full-year guidance for 2025 with total revenues expected between $2.31 billion and $2.35 billion and GAAP EPS in the range of $7.50 to $7.80.
- President and CEO H. Lynn Moore, Jr. has entered into a Rule 10b5-1 trading plan to sell up to 42,000 shares of Tyler common stock, linked to his vested stock options from a 2018 grant.
- The plan will execute monthly sales starting June 10, 2025, through January 10, 2026, with a minimum sales price of $575.00 per share and will terminate by February 9, 2026, supporting his long-term diversification and financial planning strategy.