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Tyler Technologies TYL Platform Technologies — Research and development expense

Other segment segments

Enterprise Software
$51.28M+30.2%

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Other financials

Income statement

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Revenue$645.1M+8.2%
Gross profit$307.1M+12.4%
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:ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost.

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
For the three months ended June 30, 2026Enterprise SoftwarePlatform TechnologiesTotals
Other13,2931,196
Total segment revenues476,332160,857637,189
Less:
Cost of revenues201,382108,420
Sales and marketing expense27,0524,565
General and administrative expense18,58911,393
Research and development expense51,2844,091
Segment operating income$178,025$32,388$210,413

ITEM 1. Financial Statements

FAQ

What is Tyler Technologies's platform technologies — research and development expense?
Tyler Technologies (TYL) reported platform technologies — research and development expense of $4.09M in Q2 2026.
How has Tyler Technologies's platform technologies — research and development expense changed year-over-year?
Tyler Technologies's platform technologies — research and development expense decreased by 2.9% year-over-year, from $4.22M to $4.09M.
What is the long-term trend for Tyler Technologies's platform technologies — research and development expense?
Over 3 years (2022 to 2025), Tyler Technologies's platform technologies — research and development expense has grown at a 26.0% compound annual growth rate (CAGR), from $8.92M to $17.85M.
What does platform technologies — research and development expense mean?
Represents the investment in developing new features, maintaining existing software, and innovating within the Platform Technologies product portfolio. This is a key indicator of the company's commitment to long-term product competitiveness and technological advancement.

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