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Tyler Technologies TYL Operating margin

Operating margin at other companies

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28.1%-0.1pp
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-0.8%
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Workday, Inc.WDAY
10.3%+5.9pp
Oracle logo
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30.6%-0.4pp
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CDWCDW
7.3%-0.6pp

Other financials

Income statement

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Revenue$613.5M+8.6%
Gross profit$296.4M+11.0%
Operating income$99.8M+11.9%
Net income$81.2M+0.2%
EPS (diluted)$1.88+2.2%

Balance sheet

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Cash & equivalents$316.0M-55.2%
Total debt$48.0M-96.1%
Total equity$3.6B+1.3%
Total assets$4.8B-7.6%

Cash flow

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Operating cash flow$107.3M+91.0%
CapEx$3.2M+38.6%
Free cash flow$104.0M+93.3%

Valuation

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Market cap$11.47B-42.0%
Enterprise value$11.21B-44.3%
P/E36.3×-31.9×
P/S4.8×-4.2×

Profitability

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Gross margin46.8%+2.1pp
Net margin13.3%0.0pp
FCF margin28.9%+1.8pp

Returns & leverage

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Return on equity8.9%+0.1pp
Debt / equity-0.3×
Current ratio+0.1×

Where this comes from

Calculated from Tyler Technologies’s reported figures.

Based on trailing twelve months.

The official record: Tyler Technologies’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tyler Technologies's operating margin?
Tyler Technologies (TYL) reported operating margin of 15.5% in Q1 2026.
How has Tyler Technologies's operating margin changed year-over-year?
Tyler Technologies's operating margin increased by 5.3% year-over-year, from 14.7% to 15.5%.
What is the long-term trend for Tyler Technologies's operating margin?
Over 5 years (2020 to 2025), Tyler Technologies's operating margin has grown at a -0.2% compound annual growth rate (CAGR), from 15.5% to 15.3%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.