NYSE$TYL

Tyler Technologies Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Tyler Technologies reported Q4 2025, revenue of $9.2B, net income of $65.5M, diluted EPS of $1.52.

For Q4 2025, Tyler Technologies reported revenue of $9.2B, net income of $65.5M, diluted EPS was $1.52. Management discusses segment performance, liquidity, and outlook in the filing.

  • Revenue $9.2B.
  • Net income $65.5M.
  • Diluted EPS $1.52.

Headline financials

Total Revenue

$575M

Previous: $541M+6.3%
EPS (adj)

$1.52

Previous: $2.43-37.4%
Recurring Revenue Ratio

89.4%

Previous: 85.7%+4.3%
SaaS Revenue Growth

20.2%

No prior period
Transaction Revenue Growth

12.1%

No prior period
Annualized Recurring Revenue

$2.1B

Previous: $1.89B+10.9%
Free Cash Flow Margin

41.2%

Previous: 39.9%+3.3%
Subscription Revenue Growth

16.1%

No prior period
Adjusted EBITDA

$149M

Previous: $143M+4.4%
Cash Flows from Operations Growth

8.5%

No prior period
Free Cash Flow Growth

9.7%

No prior period
Capital Expenditures

-$4.32K

No prior period
Net Income

$65.5M

Previous: $65.2M+0.5%
Operating Income

$75M

Previous: $71.7M+4.6%
Gross Profit

$262M

Previous: $237M+10.6%

Revenue & EPS history

Tyler · Revenue · Quarterly

$575M

Q4 2025+6.3%vs Q4 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Tyler · $434M total across 4 segments · Q3 2023

  • Subscriptions
    $295M+16.1%
  • Maintenance
    $117M+0.1%
  • Software licenses and royalties
    $10.6M-47.9%
  • Hardware and other
    $10.3M+9.7%

Forward guidance

The filing discusses Tyler Technologies's outlook, capital allocation, and key risks for upcoming periods beyond headline Q4 2025 results.

Tailwinds

  • Tyler Technologies cites operational priorities supporting the forward outlook.
  • Balance sheet and liquidity support planned investments or returns.

Headwinds

  • Macro, input costs, or rates could pressure results versus plan.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-0.1%

Avg return

30 days after

63%

41 / 65 earnings

Positive

+13.1%

Q3 2010

Best reaction

-15.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-7.9%-12.3%
Q4 2025-15.4%-7.9%+3.1%
Q3 2025+0.0%-1.7%-1.8%
Q1 2025-6.8%-6.2%-0.6%
Q4 2024+6.0%+4.9%-7.7%
Q3 2024+4.4%+3.3%+4.0%
Q2 2024+7.2%+9.6%+8.6%
Q1 2024+9.5%+11.2%+17.6%
Q4 2023+2.2%+2.1%-3.6%
Q3 2023+8.8%+10.7%+10.9%
Q2 2023-6.1%-2.8%-7.2%
Q1 2023+6.1%+4.9%+8.1%
Q4 2022+4.0%+5.3%+0.1%
Q3 2022-3.6%-6.6%-4.4%
Q2 2022+11.0%+11.8%+5.4%
Q1 2022+7.6%+5.2%-3.3%
Q4 2021-10.2%-13.8%-8.6%
Q3 2021+1.3%+2.1%-5.4%
Q2 2021-0.3%-0.2%-3.4%
Q1 2021-4.6%-4.1%-9.8%
Q4 2020+10.1%+12.2%-2.7%
Q3 2020+3.7%+6.4%+6.4%
Q2 2020+0.8%+4.8%-2.8%
Q1 2020+2.8%+0.9%+20.3%
Q4 2019-0.3%+0.9%-14.4%
Q3 2019+1.6%+2.1%+9.8%
Q2 2019+5.8%+3.4%+10.0%
Q1 2019-6.8%-4.2%-8.0%
Q4 2018-3.3%-4.8%-7.8%
Q3 2018-6.3%-9.7%-7.4%
Q2 2018-2.9%-5.6%+1.6%
Q1 2018-0.2%+1.0%+5.3%
Q4 2017-2.8%-0.9%-0.1%
Q3 2017+2.6%-0.4%-0.2%
Q2 2017-6.1%-5.1%-5.9%
Q1 2017+3.1%+1.2%+5.4%
Q4 2016+9.2%+5.9%+5.7%
Q3 2016-2.7%-3.1%-7.2%
Q2 2016-0.5%-1.8%-0.6%
Q1 2016+1.7%
Q4 2015-12.4%
Q3 2015+2.7%
Q2 2015-2.8%
Q1 2015+2.4%
Q4 2014+3.7%
Q3 2014+11.2%
Q2 2014+11.8%
Q1 2014-3.6%
Q4 2013-8.6%
Q3 2013+8.7%
Q2 2013+2.5%
Q1 2013+6.0%
Q4 2012+2.1%
Q3 2012+11.4%
Q2 2012-3.6%
Q1 2011+0.6%
Q1 2012+1.9%
Q4 2009+5.8%
Q4 2011+5.8%
Q3 2011+13.1%
Q3 2010+13.1%
Q2 2011+0.4%
Q2 2010+0.4%
Q4 2010+0.4%
Q1 2010-10.3%

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