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
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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
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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
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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
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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
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S. Kirk Materne
Evercore ISI
1 question for TYL
Also covers: ADBE, AVPT, BLKB +16 more
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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 2025 progress and 2026 priorities
TYL
Guidance Update
New Projects/Investments
M&A
- Cloud migration on track, targeting >80% of on-prem clients moved by 2030 with peak migrations in 2027–28 and incentives like version consolidation and enhanced maintenance pricing.
- New SaaS bookings in 2025 moderated versus 2024’s record year due to lumpiness of large deals, ARPA fund pull-forwards and early-year pauses from DOGE tariff uncertainties.
- AI investments ramping in 2026 to embed functionality into core products, with AI tools (e.g., document automation) delivering 2–3× labor savings and driving incremental ARR, supported by partnerships and selective AI-focused M&A.
- Cross-sell and new logos remain growth pillars, serving 15,000 jurisdictions vs. a 50,000-jurisdiction market, backed by a new state-focused sales team and four tuck-in acquisitions in 2025.
- Free cash flow margin guidance maintained at ~25–27% for 2026, reflecting strong cash conversion and ahead-of-plan progress toward 2030 targets.
5 days ago
Tyler Technologies outlines 2025 milestones and 2026 strategic priorities
TYL
New Projects/Investments
M&A
- 2025 operational progress: advanced multi-year cloud transition—migrating on-prem clients to SaaS with a goal of >80% cloud adoption by 2030—and closed four tuck-in acquisitions to bolster school ERP, courts, public safety, and community development offerings.
- New SaaS ARR dynamics: 2024 bookings were record-high driven by lumpiness and ARPA pull-forwards; 2025 growth moderated on a tougher comp, stimulus-fund timing shifts, and early-year market pauses from DOGE tariff uncertainty.
- AI and R&D investment: planning elevated 2026 R&D spend focused on AI-enabled products (e.g., document automation, priority-based budgeting, resident engagement portals), combining internal development with selective M&A to embed AI across core solutions.
- Financial outlook: reaffirmed 25%–27% free cash flow margin range for 2026, reflecting strong operational leverage, sustained cash generation, and partial headwinds as Section 174 tax credit benefits normalize.
5 days ago
Tyler Technologies discusses 2025 operational highlights and 2026 priorities
TYL
New Projects/Investments
- Tyler completed four tuck-in acquisitions in 2025 (school ERP, electronic warrants, Emergency Networking, MyGov) to expand its public sector software suite and remains on track for its 2030 revenue and margin goals.
- New SaaS bookings in 2025 were below 2024’s exceptional levels due to a tough comp of large deals, ARPA-funding pull-forwards, and market pauses around DOGE tariffs, but the pipeline is normalized for a recovery in 2026.
- Management is focused on growing SaaS ARR through new logo wins, on-prem to cloud migrations (targeting >80% of on-prem clients by 2030), and cross-sell initiatives to increase products per customer.
- Tyler is investing heavily in AI integration—such as document automation and priority-based budgeting—and elevated AI-driven R&D spend, viewing AI as a catalyst for revenue growth rather than a threat to its systems of record.
5 days ago
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
Quarterly earnings call transcripts for TYLER TECHNOLOGIES.
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