Tyler Technologies, Inc. (TYL) Balance Sheet
TYL balance sheet, 2025
December 31, 2025 · U.S. dollars$5.64B assets = $1.94B liabilities + $3.70B equity
Both columns are drawn to the same scale: what TYL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TYL financial health
Descriptive bands, not a rating. Fiscal 2025.
TYL balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.36B2016 | $5.64B2025 | +17.1%/yr | |
| Total liabilities | $442.4M2016 | $1.94B2025 | +17.8%/yr | |
| Shareholders’ equity | $915.5M2016 | $3.70B2025 | +16.8%/yr | |
| Cash & short-term investments | $79.7M2016 | $1.10B2025 | +33.8%/yr | |
| Total debt | $10.0M2016 | $642.6M2025 | +58.8%/yr | |
| Net cash (debt) | $69.7M2016 | $454.6M2025 | +$384.9M | |
| Working capital | −$78.5M2016 | $88.4M2025 | +$167.0M | |
| Book value per share | $23.502016 | $84.522025 | +15.3%/yr | |
| Current ratio | 0.782016 | 1.052025 | +0.27 | |
| Debt / equity | 0.012016 | 0.172025 | +0.16 | |
| Shares outstanding | 39.0M2016 | 43.8M2025 | +1.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TYL assets
TYL liabilities and equity
TYL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TYL balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.10B | $768.0M | $175.9M | $210.9M | $361.5M | $675.8M | $272.1M | $178.6M | $229.1M | $79.7M |
| Cash & equivalents | $1.02B | $744.7M | $165.5M | $173.9M | $309.2M | $603.6M | $232.7M | $134.3M | $185.9M | $36.2M |
| Short-term investments | $81.8M | $23.3M | $10.4M | $37.0M | $52.3M | $72.2M | $39.4M | $44.3M | $43.2M | $43.6M |
| Receivables | $662.5M | $599.6M | $619.7M | $577.3M | $539.2M | $403.9M | $380.6M | $303.6M | $257.5M | $203.2M |
| Inventory | $0 | $0 | $0 | $0 | $55.5M | −$2.5M | −$2.3M | −$3.4M | −$2.0M | −$2.3M |
| Other current assets | $84.1M | $73.2M | $65.0M | $59.1M | $8.2M | $35.8M | $29.4M | $40.1M | $12.2M | $2.3M |
| Total current assets | $1.84B | $1.44B | $860.6M | $847.2M | $964.3M | $1.11B | $679.7M | $518.9M | $496.8M | $283.0M |
| Property, plant & equipment (net) | $196.0M | $195.2M | $208.8M | $223.8M | $220.9M | $186.7M | $190.9M | $155.2M | $152.3M | $124.3M |
| Goodwill & intangible assets | $3.44B | $3.44B | $3.53B | $3.54B | $3.44B | $1.17B | $1.22B | $1.03B | $887.6M | $917.5M |
| Long-term investments | $60.7M | $10.8M | $7.0M | $18.5M | $46.4M | $104.1M | $102.0M | $86.4M | $46.0M | $33.2M |
| Other non-current assets | $99.6M | $93.5M | $72.2M | $58.2M | $59.9M | $33.8M | $0 | $0 | $6.8M | $0 |
| Total assets | $5.64B | $5.18B | $4.68B | $4.69B | $4.73B | $2.61B | $2.19B | $1.79B | $1.59B | $1.36B |
| Liabilities | ||||||||||
| Accounts payable | $174.7M | $156.8M | $146.3M | $104.8M | $120.0M | $14.0M | $15.0M | $6.9M | $8.2M | $7.3M |
| Short-term debt | $609.3M | $9.6M | $60.9M | $40.7M | $40.6M | $5.9M | $6.4M | $0 | $0 | $10.0M |
| Deferred revenue | $780.8M | $701.4M | $632.9M | $568.5M | $510.5M | $461.3M | $412.5M | $350.5M | $309.5M | $298.2M |
| Total current liabilities | $1.76B | $1.07B | $1.00B | $889.7M | $829.5M | $564.3M | $509.1M | $423.9M | $382.3M | $361.5M |
| Long-term debt | $0 | $597.9M | $596.2M | $957.4M | $1.31B | $0 | $0 | $0 | $0 | $10.0M |
| Lease obligations | $42.9M | $40.4M | $50.9M | $58.8M | $46.9M | $22.2M | $23.2M | — | — | — |
| Other long-term liabilities | $180.7M | $128.1M | $141.3M | $215.9M | $267.4M | $56.9M | $65.5M | $42.2M | $40.2M | $70.9M |
| Total liabilities | $1.94B | $1.79B | $1.74B | $2.06B | $2.41B | $621.2M | $574.6M | $466.1M | $422.5M | $442.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 |
| Retained earnings (deficit) | $2.18B | $1.87B | $1.60B | $1.44B | $1.27B | $1.11B | $917.3M | $771.9M | $624.5M | $435.9M |
| Treasury stock | — | — | — | — | −$25.7M | −$31.8M | −$40.2M | −$178.9M | −$60.0M | −$77.4M |
| Accumulated other comprehensive income | −$11,000 | −$157,000 | −$326,000 | −$844,000 | −$46,000 | −$46,000 | −$46,000 | −$46,000 | −$46,000 | −$46,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $3.70B | $3.39B | $2.94B | $2.62B | $2.32B | $1.99B | $1.62B | $1.32B | $1.17B | $915.5M |
| Key figures | ||||||||||
| Total debt | $642.6M | $638.4M | $696.9M | $1.05B | $1.39B | $22.2M | $23.2M | $0 | $0 | $10.0M |
| Net cash (debt) | $454.6M | $129.6M | −$521.0M | −$835.3M | −$1.03B | $653.6M | $248.9M | $178.6M | $229.1M | $69.7M |
| Working capital | $88.4M | $375.2M | −$140.6M | −$42.5M | $134.8M | $548.8M | $170.6M | $95.0M | $114.5M | −$78.5M |
| Tangible book value | $264.0M | −$51.3M | −$590.1M | −$915.3M | −$1.12B | $816.5M | $398.0M | $294.3M | $279.5M | −$2.0M |
| Book value per share | $84.52 | $77.90 | $68.69 | $61.90 | $55.01 | $47.83 | $40.32 | $33.02 | $29.74 | $23.50 |
| Shares outstanding | 43.8M | 43.5M | 42.8M | 42.4M | 42.2M | 41.5M | 40.1M | 40.1M | 39.2M | 39.0M |
| Current ratio | 1.05 | 1.35 | 0.86 | 0.95 | 1.16 | 1.97 | 1.34 | 1.22 | 1.30 | 0.78 |
| Quick ratio | 1.00 | 1.28 | 0.79 | 0.89 | 1.09 | 1.91 | 1.28 | 1.14 | 1.27 | 0.78 |
| Debt / equity | 0.17 | 0.19 | 0.24 | 0.40 | 0.60 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |
| Equity / assets | 65.7% | 65.4% | 62.8% | 56.0% | 49.1% | 76.2% | 73.8% | 74.0% | 73.4% | 67.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $970.0M | $346.4M | $1.10B | $950.8M | $892.3M | $807.4M | $768.0M | $544.3M | $258.0M | $196.9M | $175.9M | $143.1M |
| Cash & equivalents | $895.4M | $316.0M | $1.02B | $834.1M | $787.4M | $705.7M | $744.7M | $538.3M | $250.7M | $188.2M | $165.5M | $131.5M |
| Short-term investments | $74.7M | $30.3M | $81.8M | $116.7M | $104.9M | $101.7M | $23.3M | $6.0M | $7.3M | $8.7M | $10.4M | $11.6M |
| Receivables | $748.7M | $587.6M | $662.5M | $698.7M | $732.0M | $559.9M | $599.6M | $619.5M | $700.8M | $542.4M | $619.7M | $631.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $68.4M | $0 | $0 | $0 | $60.4M |
| Other current assets | $98.4M | $107.1M | $84.1M | $88.3M | $99.3M | $99.7M | $73.2M | $6.4M | $83.5M | $85.0M | $65.0M | $7.3M |
| Total current assets | $1.82B | $1.04B | $1.84B | $1.74B | $1.72B | $1.47B | $1.44B | $1.24B | $1.04B | $824.4M | $860.6M | $842.0M |
| Property, plant & equipment (net) | $197.8M | $199.3M | $196.0M | $197.2M | $196.0M | $194.3M | $195.2M | $200.0M | $204.3M | $205.0M | $208.8M | $208.2M |
| Goodwill & intangible assets | $3.65B | $3.41B | $3.44B | $3.41B | $3.41B | $3.43B | $3.44B | $3.46B | $3.48B | $3.50B | $3.53B | $3.52B |
| Long-term investments | $45.2M | $51.5M | $60.7M | $22.4M | $3.0M | $3.0M | $10.8M | $3.9M | $3.9M | $5.5M | $7.0M | $9.6M |
| Other non-current assets | $98.8M | $100.5M | $99.6M | $94.5M | $92.6M | $93.1M | $93.5M | $90.7M | $84.7M | $70.5M | $72.2M | $62.4M |
| Total assets | $5.81B | $4.80B | $5.64B | $5.46B | $5.43B | $5.19B | $5.18B | $5.00B | $4.82B | $4.61B | $4.68B | $4.64B |
| Liabilities | ||||||||||||
| Accounts payable | $178.6M | $186.1M | $174.7M | $147.9M | $171.6M | $171.2M | $156.8M | $145.4M | $150.4M | $145.2M | $146.3M | $132.7M |
| Short-term debt | $11.2M | $10.6M | $609.3M | $608.9M | $607.8M | $607.6M | $9.6M | $10.7M | $11.2M | $11.1M | $60.9M | $41.5M |
| Deferred revenue | $797.4M | $709.8M | $780.8M | $761.0M | $720.5M | $642.4M | $701.4M | $682.4M | $652.3M | $571.9M | $632.9M | $600.4M |
| Total current liabilities | $1.17B | $1.04B | $1.76B | $1.69B | $1.67B | $1.56B | $1.07B | $1.02B | $987.3M | $872.9M | $1.00B | $909.0M |
| Long-term debt | $1.41B | $0 | $0 | $0 | $0 | $0 | $597.9M | $597.5M | $597.1M | $596.6M | $596.2M | $705.2M |
| Lease obligations | $46.3M | $48.0M | $42.9M | $44.2M | $42.9M | $41.7M | $40.4M | $44.3M | $46.8M | $48.8M | $50.9M | $53.6M |
| Other long-term liabilities | $198.1M | $200.6M | $180.7M | $163.7M | $118.6M | $118.1M | $128.1M | $102.3M | $103.0M | $116.1M | $141.3M | $170.4M |
| Total liabilities | $2.78B | $1.24B | $1.94B | $1.85B | $1.79B | $1.68B | $1.79B | $1.72B | $1.69B | $1.59B | $1.74B | $1.78B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 | $481,000 |
| Retained earnings (deficit) | $2.36B | $2.26B | $2.18B | $2.12B | $2.03B | $1.95B | $1.87B | $1.80B | $1.73B | $1.66B | $1.60B | $1.56B |
| Accumulated other comprehensive income | −$400,000 | −$279,000 | −$11,000 | −$54,000 | −$115,000 | −$83,000 | −$157,000 | −$163,000 | −$218,000 | −$273,000 | −$326,000 | −$522,000 |
| Total shareholders' equity | $3.04B | $3.56B | $3.70B | $3.60B | $3.63B | $3.51B | $3.39B | $3.28B | $3.13B | $3.02B | $2.94B | $2.85B |
| Key figures | ||||||||||||
| Total debt | $1.46B | $48.0M | $642.6M | $643.4M | $641.7M | $640.1M | $638.4M | $641.8M | $643.9M | $645.4M | $696.9M | $788.8M |
| Net cash (debt) | −$485.0M | $298.4M | $454.6M | $307.4M | $250.6M | $167.3M | $129.6M | −$97.5M | −$385.9M | −$448.5M | −$521.0M | −$645.7M |
| Working capital | $647.5M | $1.3M | $88.4M | $47.0M | $51.2M | −$94.4M | $375.2M | $216.9M | $55.0M | −$48.5M | −$140.6M | −$67.0M |
| Tangible book value | −$617.4M | $151.9M | $264.0M | $197.4M | $224.2M | $77.9M | −$51.3M | −$188.2M | −$352.1M | −$480.2M | −$590.1M | −$662.3M |
| Book value per share | $72.57 | $82.38 | $85.04 | $82.39 | $82.74 | $80.76 | $77.16 | $74.96 | $72.38 | $70.14 | $68.37 | $66.59 |
| Shares outstanding | 41.9M | 43.2M | 43.5M | 43.7M | 43.9M | 43.5M | 43.9M | 43.7M | 43.3M | 43.1M | 43.0M | 42.8M |
| Current ratio | 1.55 | 1.00 | 1.05 | 1.03 | 1.03 | 0.94 | 1.35 | 1.21 | 1.06 | 0.94 | 0.86 | 0.93 |
| Quick ratio | 1.47 | 0.90 | 1.00 | 0.98 | 0.97 | 0.88 | 1.28 | 1.14 | 0.97 | 0.85 | 0.79 | 0.85 |
| Debt / equity | 0.48 | 0.01 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.20 | 0.21 | 0.21 | 0.24 | 0.28 |
| Equity / assets | 52.2% | 74.2% | 65.7% | 66.0% | 67.0% | 67.7% | 65.4% | 65.5% | 65.0% | 65.6% | 62.8% | 61.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 18, 2026); data from EODHD.
TYL financial position
At the end of fiscal 2025 (December 31, 2025), Tyler Technologies had total assets of $5.6 billion (up 8.9% from a year earlier), total liabilities of $1.9 billion and shareholders' equity of $3.7 billion. It held $1.1 billion in cash and short-term investments against $642.6 million of debt, a net cash position of $454.6 million. Its current ratio was 1.05. In the latest quarter (ended June 30, 2026) total assets were $5.8 billion and equity $3.0 billion.
Related: TYL income statement, TYL cash flow statement, TYL key metrics. See the TYL stock overview for the latest quote and news.
TYL balance sheet FAQ
What are Tyler Technologies's total assets?
Tyler Technologies reported total assets of $5.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.2 billion a year earlier.
How much debt does Tyler Technologies have?
Tyler Technologies had $642.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.17.
How much cash does Tyler Technologies have?
Tyler Technologies held $1.1 billion in cash and short-term investments at the end of fiscal 2025; with $642.6 million of debt that is net cash of $454.6 million.
What is Tyler Technologies's book value?
Tyler Technologies's shareholders' equity (book value) was $3.7 billion at the end of fiscal 2025, or $84.52 per share.
What is Tyler Technologies's current ratio?
Tyler Technologies had current assets of $1.8 billion and current liabilities of $1.8 billion, a current ratio of 1.05 (it can cover its short-term obligations).
How much goodwill does Tyler Technologies have?
Tyler Technologies carried $3.4 billion of goodwill and intangible assets, 61.0% of total assets, at the end of fiscal 2025.