Tyler Technologies (TYL) reported results for the fourth quarter of 2025. Revenue rose 6.3% year-over-year to $575.2 million, below the consensus revenue estimate of $596.9 million.
Gross profit increased 10.6% to $262.0 million, with cost of sales of $313.2 million. Operating profit was $75.0 million (up 4.6%), and net income attributable to common shareholders was $65.5 million (up 0.5%). Diluted earnings per share came in at $1.50, versus an expected $2.75.
Cash from operating activities totaled $243.9 million (up 8.5%), and capital spending was $4.3 million. Cash and cash equivalents grew to $1.02 billion (up 36.4%), while total liabilities were $1.94 billion. On a margin basis, gross margin was about 45.6%, operating margin about 13.0%, and net margin about 11.4%.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Tyler Technologies Inc. Insider Trading Activity
Tyler Technologies Inc. insiders have traded $TYL stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $TYL stock by insiders over the last 6 months:
- JOHN S JR MARR (Executive Chair of the Board) has made 0 purchases and 11 sales selling 8,250 shares for an estimated $4,603,603.
- BRIAN K MILLER (Executive VP and CFO) has made 0 purchases and 3 sales selling 3,000 shares for an estimated $1,376,240.
- GLENN A CARTER has made 0 purchases and 2 sales selling 1,250 shares for an estimated $633,089.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Tyler Technologies Inc. Hedge Fund Activity
We have seen 394 institutional investors add shares of Tyler Technologies Inc. stock to their portfolio, and 433 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 991,769 shares (-90.7%) from their portfolio in Q3 2025, for an estimated $518,853,870
- NORGES BANK added 827,471 shares (+68.9%) to their portfolio in Q4 2025, for an estimated $375,630,460
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 448,417 shares (-52.9%) from their portfolio in Q4 2025, for an estimated $203,558,897
- VAN ECK ASSOCIATES CORP added 301,885 shares (+55.1%) to their portfolio in Q3 2025, for an estimated $157,934,156
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 298,410 shares (+83.0%) to their portfolio in Q3 2025, for an estimated $156,116,175
- WELLINGTON MANAGEMENT GROUP LLP added 252,488 shares (+72.5%) to their portfolio in Q3 2025, for an estimated $132,091,622
- IMPAX ASSET MANAGEMENT GROUP PLC added 235,136 shares (+inf%) to their portfolio in Q4 2025, for an estimated $106,739,987
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Tyler Technologies Inc. Government Contracts
We have seen $15,552,105 of award payments to $TYL over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- IS 3 SERVICES AND SUPPORT: $10,980,330
- EQUAL OPPORTUNITY COMPLIANCE (EOC) COMPLAINT TRACKER DATABASE SERVICES - ORDER: $488,841
- USDA, OFFICE OF HEARINGS AND APPEALS (OHA) - CASE TRACKING SYSTEM: $419,407
- IT AND TELECOM - STORAGE PRODUCTS (HARDWARE AND PERPETUAL LICENSE SOFTWARE): $344,176
- APPLICATION MODERNIZATION - CASE MANAGEMENT DEVELOPMENT PLATFORM POWERED BY ENTELLITRAK ANNUAL SUPPORT & UP...: $270,972
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Tyler Technologies Inc. Congressional Stock Trading
Members of Congress have traded $TYL stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $TYL stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 08/13 and 1 sale worth up to $15,000 on 09/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Tyler Technologies Inc. Analyst Ratings
Wall Street analysts have issued reports on $TYL in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 02/11/2026
- Needham issued a "Buy" rating on 02/03/2026
- BTIG issued a "Buy" rating on 12/17/2025
- TD Cowen issued a "Buy" rating on 12/12/2025
To track analyst ratings and price targets for Tyler Technologies Inc., check out Quiver Quantitative's $TYL forecast page.
Tyler Technologies Inc. Price Targets
Multiple analysts have issued price targets for $TYL recently. We have seen 9 analysts offer price targets for $TYL in the last 6 months, with a median target of $550.0.
Here are some recent targets:
- Peter Heckmann from DA Davidson set a target price of $460.0 on 02/11/2026
- Allan Verkhovski from BTIG set a target price of $470.0 on 02/09/2026
- Michael Turrin from Wells Fargo set a target price of $420.0 on 02/04/2026
- Joshua Reilly from Needham set a target price of $750.0 on 02/03/2026
- Ken Wong from Oppenheimer set a target price of $510.0 on 01/23/2026
- Clarke Jeffries from Piper Sandler set a target price of $671.0 on 01/13/2026
- Parker Lane from Stifel set a target price of $550.0 on 01/08/2026
