Earnings summaries and quarterly performance for TYLER TECHNOLOGIES.
Executive leadership at TYLER TECHNOLOGIES.
Board of directors at TYLER TECHNOLOGIES.
Research analysts who have asked questions during TYLER TECHNOLOGIES earnings calls.
AG
Alexei Gogolev
JPMorgan Chase & Co.
4 questions for TYL
Also covers: ALKT, BABA, BSY +14 more
CS
Charles Strauzer
CJS Securities
4 questions for TYL
Also covers: CMCO, DFIN, DLX +2 more
GB
Gabriela Borges
Goldman Sachs
4 questions for TYL
Also covers: AVPT, BIGC, BRZE +20 more
JH
Jonathan Ho
William Blair & Company
4 questions for TYL
Also covers: AKAM, ALLT, AXON +15 more
JR
Joshua Reilly
Needham & Company
4 questions for TYL
Also covers: AEYE, ASUR, AUDC +15 more
MT
Michael Turrin
Wells Fargo
4 questions for TYL
Also covers: ADBE, ADSK, CFLT +29 more
Robert Oliver
Robert W. Baird & Co.
4 questions for TYL
Also covers: AMPL, ASAN, AZPN +17 more
Saket Kalia
Barclays Capital
4 questions for TYL
Also covers: ADBE, ADSK, ALRM +24 more
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Terrell Tillman
Truist Securities
4 questions for TYL
Also covers: , FIVN, INST +17 more
AZ
Aleksandr Zukin
Wolfe Research
3 questions for TYL
Also covers: ADBE, DAY, DOCU +20 more
HW
Hoi-Fung Wong
Oppenheimer & Co. Inc.
3 questions for TYL
Also covers: ADSK, BILL, GDDY +7 more
KH
Keith Housum
Northcoast Research
3 questions for TYL
Also covers: AXON, BRC, CDW +10 more
Mark Schappel
Loop Capital Markets
3 questions for TYL
Also covers: ALTR, AZPN, DSGX +11 more
CJ
Clarke Jeffries
Piper Sandler & Co.
2 questions for TYL
Also covers: AVAV, AVDX, AZPN +10 more
AZ
Alex Zukin
Wolfe Research LLC
1 question for TYL
Also covers: ADBE, ASAN, CFLT +25 more
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Bill Self
Evercore ISI
1 question for TYL
KW
Ken Wong
Oppenheimer & Co. Inc.
1 question for TYL
Also covers: ADSK, ALTR, GDDY +9 more
MV
Matthew VanVliet
BTIG, LLC
1 question for TYL
Also covers: AGYS, BLKB, BRZE +4 more
Matt Vanvliet
Cantor Fitzgerald
1 question for TYL
Also covers: AGYS, BRZE, CXM +7 more
SK
S. Kirk Materne
Evercore ISI
1 question for TYL
Also covers: ADBE, AVPT, BLKB +16 more
TW
Trevor Walsh
Citizens JMP
1 question for TYL
Also covers: AMTM, AVAV, AXON +10 more
Recent press releases and 8-K filings for TYL.
Tyler Technologies outlines 2026 SaaS growth, margin and cash flow targets
TYL
Guidance Update
Revenue Acceleration/Inflection
Share Buyback
- 2026 SaaS revenue growth is guided at ~20%, comprising 12% backlog (signed by YE 2025), 5% new bookings and 3% flips from on-prem migrations.
- Management will focus on new ARR additions as the key forward-looking metric, noting that total bookings can be distorted by contract term variations, revenue recognition lags and transaction-based deals.
- On-prem maintenance revenues (~$450 M) are expected to convert at 1.7–1.8× into SaaS over the next several years, with the flips curve peaking in 2–3 years and 80–85% migration to cloud by 2030.
- Targets include 30%+ operating margin and high-20s to 30% free cash flow margin by 2030; 2026 margin gains will moderate due to strategic investments, while free cash flow is bolstered by cloud transition efficiencies and R&D tax expensing.
- Having repaid term debt, Tyler plans to redeem its $600 M convert in March and shift capital allocation toward M&A and opportunistic share repurchases.
Dec 10, 2025, 9:55 PM
Tyler Technologies outlines 20% SaaS revenue growth guide and long-term margin & cash flow targets
TYL
Guidance Update
M&A
Share Buyback
- CFO guides ~20% SaaS revenue growth in 2026, driven by 12% from existing signed backlog, 5% from new bookings, and 3% from on-prem to SaaS flips.
- Shifting to year-end ARR as the key forward-looking metric for SaaS health, replacing multiple bookings measurements for clarity.
- On-prem maintenance customers expected to convert at a 1.7–1.8x uplift, with flips peaking in roughly 2–3 years as part of the Tyler 2030 roadmap.
- Maintains target of >30% operating margin by 2030 (≈100 bps annual improvement), noting 2026 margin gains will be more modest amid cloud migration and AI/client-experience investments.
- Projects high-20% to 30% free cash flow margins by 2030, boosted by the shift to SaaS/transactional revenues and the Section 174 tax change; plans to repay a $600 M convertible in March before prioritizing M&A and opportunistic buybacks.
Dec 10, 2025, 9:55 PM
Tyler Technologies outlines 2026 SaaS growth and capital priorities
TYL
Guidance Update
M&A
Share Buyback
- CFO Brian Miller expects ~20% SaaS revenue growth in 2026, with 12% from already-signed backlog, 5% from new bookings and 3% from on-premise-to-cloud migrations (“flips”).
- Tyler will emphasize end-of-quarter run-rate ARR as its primary forward-looking SaaS metric, simplifying from multiple bookings measures.
- The company remains on track for 30%+ operating margins by 2030, though 2026 margin expansion will moderate due to continued AI, client experience and cloud-optimization investments.
- Tyler plans to repay its $600 M convertible note by March, then shift focus to strategic M&A and opportunistic share buybacks, supported by $1.1 B cash and robust free cash flow.
Dec 10, 2025, 9:55 PM
Tyler Technologies outlines 2026 demand outlook and AI, cloud, cross-sell strategies
TYL
- Stable public-sector demand with leading indicators like RFP volumes at elevated levels; minimal impact from federal shutdown or policy shifts.
- Domain-specific AI focus, automating repetitive tasks in key workflows (e.g., Document Automation in courts) with examples like Hillsborough County projecting over $2 million savings versus a $950 k SaaS fee.
- Accelerating cloud migration, currently ~50/50 on-prem/cloud, aiming for over 80% cloud adoption by 2030; driven by hardware refresh cycles, staffing and security concerns.
- Version consolidation efforts reduce sprawl to two main releases per product, targeting a single-version cloud platform within about two years to drive support and development efficiencies.
- Cross-sell and client experience initiatives, targeting 8–10 solutions per client (average of 2–3 today), led by a new Chief Client Officer role and measured by mean time to resolution and net revenue retention.
Dec 3, 2025, 3:15 PM
Tyler Technologies outlines stable demand, AI strategy and cloud migration roadmap
TYL
Revenue Acceleration/Inflection
Product Launch
- Stable public sector demand with leading indicators like RFP volumes at elevated levels, unaffected materially by governmental disruptions.
- Emphasized domain-specific AI initiatives, leveraging decades of public sector expertise and data from 15,000 clients to automate repetitive tasks in areas such as courts and permitting.
- Highlighted current AI use case: Document Automation in courts delivers significant labor savings (Hillsborough County expects >$2 M savings vs. $950 k SaaS fee).
- Cloud migration on track: ~50/50 on-prem vs. cloud today, aiming for 80%+ cloud adoption by 2030 with average billing uplift of ~1.7×–1.8× per migration.
- Driving cross-sell and upsell, targeting 8–10 products per customer through initiatives like a new Chief Client Officer role and unified client engagement systems.
Dec 3, 2025, 3:15 PM
Tyler outlines demand trends, AI strategy, and cloud transition at UBS 2025 Global Technology and AI Conference
TYL
M&A
New Projects/Investments
- Tyler reports a stable, elevated demand environment in state and local government, with RFP volume and pipeline activity remaining consistent despite early-year funding and administrative disruptions.
- The company emphasizes domain-specific AI as a competitive moat, initially automating repetitive public-sector workflows (e.g., Document Automation in courts), with cases like Hillsborough County expecting >$2 M annual labor savings on a $950 K SaaS investment.
- 50 % of Tyler’s customer base is now cloud-based, targeting >80 % by 2030, with migrations driven by hardware refresh cycles, IT staffing challenges, and security concerns, and peaking in the next 2–3 years.
- Initiatives to expand cross-sell from an average of 2–3 products toward 8–10 include hiring a Chief Client Officer, unifying support channels, standardizing CRM systems, and leveraging cloud migrations to introduce new modules.
- With debt largely repaid, Tyler plans a more proactive M&A approach over the next few years, having announced its first deal under the renewed strategy.
Dec 3, 2025, 3:15 PM
Tyler Technologies acquires Edulink to boost K-12 HR compliance automation
TYL
M&A
- Tyler Technologies acquired Edulink, integrating flagship PAETEP and Comply solutions into its School ERP offerings.
- Edulink’s management and staff will join Tyler’s Municipal and Schools Division, enabling streamlined teacher evaluations, compliance tracking, and workflow automation for K-12 administrators.
- The deal aims to reduce administrative burdens and deliver data-driven tools to educational institutions by combining Edulink’s expertise with Tyler’s market reach.
- Tyler reports a 3-year revenue CAGR of 9.2%, an operating margin of 15.42%, a net margin of 13.72%, and a gross margin declining 2.1% annually.
Dec 2, 2025, 6:07 PM
Tyler Technologies acquires CloudGavel
TYL
M&A
- Tyler Technologies has acquired CloudGavel, a Baton Rouge–based e-warrant solutions specialist; terms of the deal were not disclosed.
- The acquisition strengthens Tyler’s Courts & Justice offerings by integrating CloudGavel’s cloud-native eWarrant technology for electronic submissions and tracking.
- CloudGavel’s platform enables officers to obtain warrant approvals on-scene within minutes instead of hours, eliminating manual courthouse trips and data entry.
- CloudGavel’s team will be integrated into Tyler’s Courts & Justice Division, reinforcing Tyler’s mission to deliver innovative public sector solutions.
Nov 19, 2025, 8:01 PM
Tyler Technologies outlines cloud progress and targets
TYL
Guidance Update
M&A
- Tyler is on track—or ahead of plan—to meet its 2030 targets, having already exceeded its 2025 goals for transaction growth and cash flow margins, with cloud migration progress in line with expectations.
- 20% expected SaaS revenue growth for next year, driven by 12% from existing bookings, 3% from on-prem flips (at 1.7x uplift), and 5% from new bookings.
- Over 90% of new sales are now cloud-based; roughly 50% of current revenues remain on-prem and are slated for migration, which will bolster recurring SaaS revenue.
- Margin expansion initiatives—version consolidation, AWS scale efficiencies, cloud-optimized releases and data center exits—support a path to 30%+ operating margins and $1 billion in free cash flow by 2030.
- The 2021 NIC acquisition underpins a durable 10–13% transaction revenue CAGR, leveraging integrated payment solutions and hybrid fee models to drive cross-sell opportunities.
Nov 18, 2025, 9:30 PM
Tyler Technologies reports Q3 2025 results
TYL
Earnings
Guidance Update
M&A
- Revenue grew 9.7% to $595.9 million; SaaS revenue rose 20% to $199.8 million and transaction revenue increased 11.5% to $201.3 million.
- Total bookings reached a new high, with SaaS bookings up 5% sequentially and 5.8% year-over-year; total SaaS ARR was $2.0 billion, up 10.7%.
- Non-GAAP operating margin expanded to 26.6%, free cash flow was $247.6 million, and the company held $973 million in cash and investments against $600 million of convertible debt.
- Full-year 2025 guidance raised to $2.335–2.360 billion in revenue (≈10% growth), non-GAAP EPS of $11.30–11.50, and a free cash flow margin of 25–27%.
- Strategic progress included repurchasing ~300,000 shares, closing the MyGov and Emergency Networking acquisitions, and continued advancement of cloud and AI-driven offerings.
Oct 30, 2025, 2:00 PM
Quarterly earnings call transcripts for TYLER TECHNOLOGIES.
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