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Tyler Technologies TYL License — Revenue

Discontinued — last reported Q3 '25

Other product segments

Subscription and Circulation
$429.75M+14.6%
Maintenance
$108.87M-3.5%
Professional services
$60.81M-5.1%
Other
$14.08M

Similar metrics at other companies

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$0-100%
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SSNCPerpetual Licenses — Revenue
$3.5M-49.3%
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PTCSubscription License — Revenue
$84.94M
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PTCPerpetual License — Revenue
$6.94M+19.0%
Axsome Therapeutics logo
AXSMLicense — Revenue
$0
JFrog Ltd. logo
FROGLicense — Revenue
$7.7M+28.6%

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 / equity-0.3×
Current ratio+0.1×

Where this comes from

Reported directly by Tyler Technologies in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Tyler Technologies’s 10-Q, filed October 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tyler Technologies's license — revenue?
Tyler Technologies (TYL) reported license — revenue of $5.1M in Q3 2025.
How has Tyler Technologies's license — revenue changed year-over-year?
Tyler Technologies's license — revenue decreased by 17.6% year-over-year, from $6.19M to $5.1M.
What is the long-term trend for Tyler Technologies's license — revenue?
Over 3 years (2021 to 2024), Tyler Technologies's license — revenue has grown at a -29.3% compound annual growth rate (CAGR), from $74.45M to $26.36M.
What does license — revenue mean?
Revenue generated from the initial sale of perpetual software licenses to government clients, excluding tax-related pass-throughs.
How do you interpret license — revenue?
An increase suggests strong new customer acquisition or successful expansion of the installed base through new software deployments, while a decrease may indicate a shift toward subscription-based models or a slowdown in new project procurement.
How does license — revenue compare across companies?
Comparable to perpetual license revenue reported by legacy enterprise software providers, though often lower for companies transitioning to SaaS-heavy revenue mixes.