Tyler Technologies, Inc. stock research
FY2026 Q1
Tyler Technologies (TYL) Gross Margin & Quarterly History
Explore Tyler Technologies, Inc. (TYL) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. The gross margin rose, as cost of revenue increased at a slower pace than revenue.
- The primary margin driver is the relationship between revenue growth and cost of revenue growth. Revenue increased more than cost of revenue, leading to a higher gross margin.
- Compared to the immediately preceding quarter, gross margin improved. Compared to the same quarter one year earlier, gross margin also improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
48.3%
Gross profit
$296.4M
Revenue
$613.5M
Cost of revenue
$317.1M
Quarter-over-quarter change
+2.8 pts
Year-over-year change
+1.1 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $596.1M | $273.2M | $322.9M | 45.8% |
| Sep 30, 2025 | $595.9M | $281.5M | $314.4M | 47.2% |
| Dec 31, 2025 | $575.2M | $262.0M | $313.2M | 45.5% |
| Mar 31, 2026 | $613.5M | $296.4M | $317.1M | 48.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+2.8 pts
Year-over-year change
Mar 31, 2025
+1.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary margin driver is the relationship between revenue growth and cost of revenue growth. Revenue increased more than cost of revenue, leading to a higher gross margin.
Compared to the immediately preceding quarter, gross margin improved. Compared to the same quarter one year earlier, gross margin also improved.
Monitor the trend in cost of revenue relative to revenue, as it directly influences gross margin.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Tyler Technologies, Inc. (TYL) | 48.3% |