Tyler Tech reported FY 2025 results with total revenues up 9.1% year over year, driven primarily by higher subscription revenue. Subscriptions revenue was USD 1.59 billion (+18.1%) and represented 68.0% of FY revenue, while ARR was USD 2.06 billion (+11%). Net income was USD 315.6 million (13.5% of revenue) and operating income margin was 15.3% (up from 14.0%), as overall gross margin improved to 46.5% (up from 43.8%). Cash and cash equivalents ended FY 2025 at USD 1.00 billion, with operating cash flow of USD 653.54 million; Tyler Tech also held USD 142.5 million of available-for-sale investments. By segment, Enterprise Software subscription revenue was USD 1.01 billion (+27%) and segment operating income was USD 660.63 million (+21%), while Platform Technologies subscription revenue was USD 576.77 million (+5%) and segment operating income was USD 106.06 million (down 9%), which Tyler Tech said reflected loss reserves on two state contracts and higher merchant fees. FY 2025 updates included four acquisitions (MyGov, Emergency Networking, CloudGavel and Edu.Link) for an aggregate cash purchase price of about USD 91.5 million (net of cash acquired), all included in the Enterprise Software segment, and continued migration to SaaS, with 612 new SaaS clients added and 488 on-premises clients converting during the year. Tyler Tech repurchased USD 174.7 million of stock in FY 2025 and, in February 2026, authorized a new USD 1.00 billion repurchase program (USD 885.0 million remaining as of Feb. 18, 2026) and signed an agreement for a USD 212.5 million cash acquisition expected to close in Q1 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tyler Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000860731-26-000016), on February 18, 2026, and is solely responsible for the information contained therein.