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Tyler Technologies TYL Enterprise Software — Research and development expense

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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
Operating margin15.5%+0.8pp
Net margin13.3%0.0pp
FCF margin28.9%+1.8pp

Returns & leverage

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Return on equity8.9%+0.1pp
Debt / equity0×-0.3×
Current ratio1×+0.1×

Where this comes from

Reported directly by Tyler Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost.

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 enterprise software — research and development expense?
Tyler Technologies (TYL) reported enterprise software — research and development expense of $48.73M in Q1 2026.
How has Tyler Technologies's enterprise software — research and development expense changed year-over-year?
Tyler Technologies's enterprise software — research and development expense increased by 29.3% year-over-year, from $37.68M to $48.73M.
What is the long-term trend for Tyler Technologies's enterprise software — research and development expense?
Over 3 years (2022 to 2025), Tyler Technologies's enterprise software — research and development expense has grown at a 20.5% compound annual growth rate (CAGR), from $92.16M to $161.35M.
What does enterprise software — research and development expense mean?
The amount spent on developing and improving software products.
How do you interpret enterprise software — research and development expense?
Higher spending indicates a focus on innovation and product leadership, which is essential for long-term growth in the software industry.
How does enterprise software — research and development expense compare across companies?
Standard R&D investment metric for technology and software companies.