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Other financials

Income statement

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Revenue$645.1M+8.2%
Operating income$95.1M-0.5%
Net income$93.5M+10.5%
EPS (diluted)$2.23+15.5%

Balance sheet

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Cash & equivalents$895.4M+13.7%
Total debt$1.5B+17.3%
Total equity$3.0B-16.4%
Total assets$5.8B+7.1%

Cash flow

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Operating cash flow$124.4M+26.5%
CapEx$5.1M-7.9%
Free cash flow$119.4M+28.6%

Valuation

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Market cap$12.56B-52.6%
Enterprise value$13.11B-51.3%
P/E38.7×-47.6×
P/S5.2×-6.6×

Profitability

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Gross margin47.2%+2.0pp
Operating margin15.1%0.0pp
Net margin13.4%-0.3pp
FCF margin29.4%+1.4pp

Returns & leverage

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Return on equity9.7%+0.7pp
Debt / equity0.5×+0.1×
Current ratio1.6×+0.5×

Where this comes from

Reported directly by Tyler Technologies in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Tyler Technologies’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:42 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000860731-26-000050
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization of acquired software8,5329,31917,51618,613
Other17,14515,51426,05920,872
Total cost of revenues338,039322,933655,108621,017
Gross profit307,057273,184603,491540,265
Sales and marketing expense39,85136,31278,64872,785
General and administrative expense93,73376,601177,698156,053
Research and development expense62,83250,842122,55998,686
Amortization of other intangibles15,54613,83329,67927,972

ITEM 1. Financial Statements

FAQ

What is Tyler Technologies's gross profit?
Tyler Technologies (TYL) reported gross profit of $307.06M in Q2 2026.
How has Tyler Technologies's gross profit changed year-over-year?
Tyler Technologies's gross profit increased by 12.4% year-over-year, from $273.18M to $307.06M.
What is the long-term trend for Tyler Technologies's gross profit?
Over 4 years (2021 to 2025), Tyler Technologies's gross profit has grown at a 11.2% compound annual growth rate (CAGR), from $709.64M to $1.08B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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