• SAP for government
• Oracle for public sector software

• Enterprise Resource Planning (ERP) & Financial Management: Integrated software suites for government accounting, budgeting, human resources, and payroll.
• Courts & Public Safety Solutions: Software for court case management, jury management, prosecution, law enforcement dispatch, and records management.
• Community Development & Permitting Solutions: Platforms for managing permits, licenses, inspections, code enforcement, and land use planning.
• Tax & Appraisal Solutions: Systems for property assessment, tax billing, collection, and geographic information systems (GIS).
• Data & Insights / Civic Services: Tools for data analytics, performance management, citizen engagement, and open data initiatives.
• Enterprise Content Management (ECM): Solutions for managing digital documents, records, and workflows across government agencies.

• State governments
• County governments
• City and municipal governments
• School districts
• Court systems
• Public safety agencies (e.g., police departments, fire departments)

• Microsoft Corporation (MSFT)
• Amazon.com, Inc. (AMZN)
• Oracle Corporation (ORCL)

Lynn Moore Jr. President & CEO

Lynn Moore Jr. has an extensive background in legal practice and corporate management. Prior to joining Tyler Technologies in September 1998, he was associated with the law firm Hughes & Luce, LLP in Dallas, Texas, where he represented various publicly and privately owned entities in corporate, securities, finance, and litigation matters. He joined Tyler as its first in-house legal counsel and has held several key positions, including Executive Vice President, General Counsel, Chief Legal Officer, and Secretary. He was appointed President in January 2017 and Chief Executive Officer in May 2018. Moore has been instrumental in overseeing more than 55 strategic mergers and acquisitions during his tenure at Tyler, and is currently leading the company's strategy to transition its technology solutions to the cloud.

Brian Miller Executive Vice President & Chief Financial Officer

Brian Miller has served as Tyler Technologies' Executive Vice President and Chief Financial Officer since February 2008. He began his career as an Audit Manager at Ernst & Young (now E&Y) for six years. Subsequently, he held various senior management positions at Metro Airlines, Inc., a regional airline holding company operating as American Eagle, including Senior VP & CFO, helping it grow to the largest regional airline in the country before its acquisition by American Airlines. Miller joined Tyler Technologies in 1997 as Vice President and Chief Accounting Officer, later becoming Vice President of Finance and Treasurer before his current role. He is a Certified Public Accountant and a graduate of Texas A&M University. Miller has overseen dozens of acquisitions that transformed Tyler into a single source of solutions for the public sector.

Jeff Puckett Chief Operating Officer

Jeff Puckett has been the Chief Operating Officer of Tyler Technologies since February 2021. He is a veteran of Tyler with over three decades of experience, having previously served as Chief Strategy Officer and President of the Courts & Justice Division, among other leadership positions. His career at Tyler Technologies spans multiple leadership roles in the software and technology sectors, focusing on business analysis, development, and software project management. Prior to joining Tyler, Puckett served as a Deputy Sheriff for Denton County, Texas, which provided him with insights into public service and technology.

Abby Diaz Chief Administrative Officer, Corporate Secretary

Abby Diaz serves as the Chief Administrative Officer and Corporate Secretary at Tyler Technologies. She oversees all legal matters and ensures compliance with regulatory requirements. Diaz also holds the title of Chief Legal Officer.

Jason Durham Chief Accounting Officer

Jason Durham is the Chief Accounting Officer at Tyler Technologies, responsible for overseeing the company's accounting functions and ensuring financial accuracy. His expertise includes corporate accounting, financial reporting, and compliance. Durham's career has included significant roles at companies such as Hitachi Vantara, Intel Corporation, and Dell Technologies, where he led various finance teams and projects in global finance operations and corporate accounting.

Tyler Technologies (TYL) primarily provides proprietary software and services to the public sector, encompassing state, local, and federal government organizations, as well as K-12 school districts. Their main products and services include a wide array of integrated software solutions for critical government functions such as appraisal and tax administration, court and justice management, enterprise resource planning (ERP), public safety, civic services (e.g., permitting, licensing, 311 requests), data and insights, records/document management, and student transportation. The company is also in the process of transitioning its offerings to a Software-as-a-Service (SaaS) model.

Addressable Markets:

U.S. Market

• Government and Education IT Spending: Tyler Technologies estimates its total addressable market (TAM) for government and education IT spending in the United States to be between $12 billion and $15 billion.
• Core State, Local, and Education Addressable Market: The core state, local, and education addressable market for Tyler Technologies is estimated to be approximately $34 billion to $35 billion.
• Federal Government Software Market: The U.S. federal government software market was valued at approximately $13.5 billion in 2024 and is projected to grow to $30.5 billion by the end of 2033, demonstrating a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
• GovTech Market (Software Segment): The software segment within the broader U.S. GovTech market held the largest share in 2024 and is anticipated to experience significant growth, aligning with the overall U.S. GovTech market's expected CAGR of about 13.2% from 2025 to 2035.

Global Market

• Worldwide Government IT Spending: The global government IT spending was projected to reach $588.9 billion in 2023. Tyler Technologies specifically focuses on application and vertical-specific software within this larger market.
• Public Sector Software Market:
  • Some estimates project the global Public Sector Software Market to reach approximately $150 billion by 2033, with a CAGR of 10% from 2025 to 2033.
  • Another forecast indicates that the global Public Sector Software market is expected to hit $150 billion by 2031, growing at a CAGR of 5.5% from 2025 to 2031, with an estimated value of $100 billion in 2024.
  • Other sources provide lower figures for the global Public Sector Software Market, valuing it at $0.36 billion in 2024 and anticipating growth to $0.72 billion by 2033 with an 8.10% CAGR from 2025 to 2033, or growing from $0.38 billion in 2025 to $0.78 billion by 2034 with an 8.1% CAGR, or from US$ 326 million in 2024 to US$ 520.2 million by 2030 at a CAGR of 8.1%.
  • The global government software market size was valued at $6.2 billion in 2024 and is expected to reach $10.3 billion by 2033, with a CAGR of 5.8% over the forecast period 2025-2033.
• Global Federal Government Software Market: This market is projected to reach $30 billion by 2031, with a CAGR of 5% from 2025 to 2031.

1. Accelerated Cloud Transition and SaaS Revenue Growth: The company is heavily focused on its cloud transition strategy, with SaaS (Software as a Service) revenue growth being a primary driver. Tyler Technologies anticipates SaaS revenues to grow approximately 20% in 2026. This growth is supported by an increase in SaaS bookings, including conversions of on-premise clients to cloud-based solutions ("flips"), which saw a 64% year-over-year increase in Annual Recurring Revenue (ARR) from on-premise flips. The company's total recurring revenue is expected to grow within the 10-12% range.
2. AI Innovation and New Product Development: Tyler Technologies views AI innovation strategies as central to its next growth cycle, aiming to lead the public sector's digital transformation. The company plans to leverage AI-driven product initiatives, which are expected to generate productivity gains of 10-30%, expand the total addressable market, and provide additional upside not included in long-term guidance. These AI initiatives are expected to have a natural path to monetization by delivering measurable outcomes for clients.
3. Leveraging a Large Client Base and Expanding Cross-selling/Upselling: A core pillar of Tyler Technologies' growth strategy is leveraging its extensive client base. The company has demonstrated growth in subscription bookings driven by cross-selling and upselling to existing customers, indicating continued opportunities to expand its offerings within its current client roster.
4. Growth in the Payments Business: Expanding its payments business is explicitly identified as one of Tyler Technologies' key growth pillars. Transaction revenue growth has been a notable contributor to overall revenue, increasing by 11.5% year-over-year to $201.3 million, even amidst headwinds from the wind-down of the Texas payments contract. This growth is driven by higher transaction volumes from both new and existing clients, as well as increased adoption of new transaction-based services.
5. Expansion into New Markets and Strategic Mergers & Acquisitions (M&A): Tyler Technologies aims to expand its reach into new markets. The company also plans to be proactive and disciplined with M&A, focusing on value-accretive acquisitions to further strengthen its growth story and expand its capabilities across existing product suites.

Tyler Technologies Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

• In the third quarter of 2025, Tyler Technologies repurchased approximately $173 million of its common stock, totaling 300,000 shares.
• During the second quarter of 2025, the company made $19.87 million in share repurchases.
• In 2024, Tyler Technologies executed share repurchases totaling $18.00 million in Q4, $12.25 million in Q2, and $22.41 million in Q1.

Inbound Investments

• In February 2023, Vista Equity Partners, a global technology investment firm, acquired an additional stake worth approximately $16.6 million in Tyler Technologies.

Outbound Investments

• Tyler Technologies completed its largest acquisition to date in 2021, acquiring NIC, a digital government solutions and payments company, for $2.3 billion.
• In July 2025, the company acquired Emergency Networking, a SaaS company specializing in cloud-native software for fire and EMS agencies, for approximately $19.4 million in cash. This acquisition aims to strengthen Tyler's public safety suite and ensure compliance with new federal reporting requirements like NERIS.
• During 2024, Tyler Technologies completed the acquisitions of ResourceX and ARInspect for a combined purchase price of approximately $37 million, which added AI technology to be leveraged across its product portfolio.

Capital Expenditures

• For the full year 2025, capital expenditures are expected to be in the range of $31 million to $34 million, including approximately $18 million to $19 million of capitalized software development costs.
• In 2024, capital expenditures were expected to be in the range of $46 million to $48 million, with approximately $27 million allocated to software development costs.
• A primary focus of these capital expenditures is on capitalized software development, supporting the company's product development and cloud transition initiatives.