Tyler Technologies Inc
TYL
ISIN null / Valor 804377
Tyler Technologies Inc
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About company
Tyler Technologies Inc. specializes in providing a broad range of software solutions and services tailored for the public sector, focusing on the intricacies of government operations. The company has established itself as a pioneer in the field by developing the first computer-assisted mass appraisal (CAMA) system, and it has since expanded its offerings to include integrated software solutions for tax billing and collections, CAMA, and assessment administration. Tyler Technologies aims to streamline and enhance the efficiency of various critical government functions, including budget monitoring, payroll generation for municipal employees, revenue collection, and utility billing. Their product suite encompasses Enterprise Resource Planning (ERP) financial solutions designed to support the core business functions of public sector entities of all sizes, from small towns to large cities and counties. Additionally, Tyler Technologies offers Payment Processing and Point-of-Sale Cashiering solutions, providing secure, flexible, and scalable options for managing payments, thereby simplifying the transactional aspects of government operations.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (25.10.2025):
Tyler Technologies Inc. reported strong financial results for the fourth quarter of 2024, showcasing significant growth in revenues, recurring streams, and net income. The company achieved a 12.5% increase in total revenues and demonstrated robust performance in recurring revenues, driven by substantial gains in subscription and SaaS offerings. Additionally, Tyler Technologies recorded impressive earnings and cash flow metrics, reinforcing its position as a leading provider in the public sector software market.
Revenue Growth
Total revenues for Q4 2024 reached $541.1 million, marking a 12.5% increase compared to the fourth quarter of 2023.
Recurring Revenues
Recurring revenues from subscriptions and maintenance amounted to $463.9 million, up 14.9% year-over-year and constituting 85.7% of total revenues, up from 83.9% in the previous year. Subscription revenues specifically grew by 21.9%, with SaaS revenues increasing 23.0% to $173.4 million and transaction-based revenues rising 20.9% to $175.4 million.
Earnings and EBITDA
GAAP operating income surged by 50.1% to $71.7 million, while non-GAAP operating income increased by 22.7% to $131.8 million. GAAP net income rose 67.7% to $65.2 million ($1.49 per diluted share), and non-GAAP net income grew 31.2% to $106.7 million ($2.43 per diluted share). Adjusted EBITDA was up 21.0%, reaching $142.8 million.
Cash Flow
Cash flows from operations were $224.8 million, a 52.5% increase year-over-year. Free cash flow significantly improved by 60.7% to $216.0 million. Notably, Q4 cash tax payments included approximately $10 million related to IRC Section 174 capitalization rules.
Outlook for 2025
Looking ahead, Tyler Technologies expects full-year 2025 total revenues to range between $2.30 billion and $2.34 billion. Subscription revenues are projected to grow between 15% and 18%, with SaaS revenues anticipated to increase by 21% to 24%. The company also forecasts GAAP diluted earnings per share to be between $7.31 and $7.56, and non-GAAP diluted earnings per share to range from $10.90 to $11.15.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
19924 M
Market cap (USD)
419,131
Daily traded volume (Shares)
582 / 574.92
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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