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Tyler Technologies (TYL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2025, Tyler Technologies (TYL - Free Report) reported revenue of $595.88 million, up 9.7% over the same period last year. EPS came in at $2.97, compared to $2.52 in the year-ago quarter.

The reported revenue represents a surprise of +0.19% over the Zacks Consensus Estimate of $594.76 million. With the consensus EPS estimate being $2.88, the EPS surprise was +3.12%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Tyler Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Annualized Recurring Revenues (ARR): $2.05 million versus the five-analyst average estimate of $2.07 million.
  • Revenue- Subscriptions: $401.09 million compared to the $405.01 million average estimate based on six analysts. The reported number represents a change of +15.5% year over year.
  • Revenue- Maintenance: $111.31 million versus $108.72 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -3.7% change.
  • Revenue- Professional services: $64.73 million versus $65.35 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.
  • Revenue- Non-Recurring: $83.47 million versus $81.19 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.
  • Revenue- Hardware and other: $13.65 million compared to the $10.11 million average estimate based on six analysts. The reported number represents a change of +37.4% year over year.
  • Revenue- Recurring: $512.41 million versus $513.58 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +10.7% change.
  • Revenue- Software licenses and royalties: $5.1 million versus the six-analyst average estimate of $5.6 million. The reported number represents a year-over-year change of -17.6%.
  • Gross profit- Hardware and other: $5.53 million versus $4.04 million estimated by three analysts on average.
  • Gross profit- Software licenses and royalties: $3.43 million versus $4.13 million estimated by two analysts on average.

View all Key Company Metrics for Tyler Technologies here>>>

Shares of Tyler Technologies have returned -2.4% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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