---
schema_version: "secwatch.filing_event.v1"
accession: "0000860731-23-000016"
form_type: "8-K"
ticker: "TYL"
cik: "0000860731"
company_name: "TYLER TECHNOLOGIES INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:48:40.674290+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tyler Q1 revenues $471.9M (+3.5%); SaaS up 24.4%; GAAP EPS $0.73

## Summary
- Total revenues $471.9M (+3.5% YoY, +7.2% organic); recurring revenues $395.6M (83.8% of total).
- SaaS revenues $126.6M (+24.4% organic); SaaS comprised 87% of new software contract value.
- GAAP diluted EPS $0.73 (down 22.8%); Non-GAAP diluted EPS $1.76 (down 7.6%).
- Adjusted EBITDA $112.5M (down 5.6%); free cash flow $63.6M (+55.1%).
- 2023 guidance: total rev $1.935-1.970B; Non-GAAP EPS $7.50-7.65.

## SEC filing metadata
- accession: 0000860731-23-000016
- form_type: 8-K
- ticker: TYL
- cik: 0000860731
- company_name: TYLER TECHNOLOGIES INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860731/000086073123000016/0000860731-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860731/000086073123000016/tyl-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860731-23-000016
- JSON: https://secwatch.observer/filing/0000860731-23-000016.json
- Plain text: https://secwatch.observer/filing/0000860731-23-000016.txt

## Key facts
- Earnings Releases
  TYLER TECHNOLOGIES INC reported full year 2023 results: revenue $1.935 billion to $1.970 billion, EPS $3.65 to $3.80 (GAAP); $7.50 to $7.65 (non-GAAP). Guidance reaffirmed.
  - Period: full year 2023
  - Revenue: $1.935 billion to $1.970 billion
  - EPS: $3.65 to $3.80 (GAAP); $7.50 to $7.65 (non-GAAP)
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Moore. Guidance for 2023 As of April 26, 2023, Tyler Technologies is providing the following guidance for the full year 2023: • Total revenues are expected to be in the range of $1.935 billion to $1.970 billion. • GAAP diluted earnings per share are expected to be in the range of $3.65 to $3.80 and may vary significantly due to the impact of stock option activity on
  evidence_url: https://www.sec.gov/Archives/edgar/data/860731/000086073123000016/0000860731-23-000016-index.htm
- Earnings Releases
  TYLER TECHNOLOGIES INC reported first quarter ended March 31, 2023 results: revenue $471.9 million, net income $30.9 million, EPS $0.73 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $471.9 million
  - Net income: $30.9 million
  - EPS: $0.73 per diluted share
  - Result: reported results
  source text: Inc. (NYSE: TYL) today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: Revenues Total revenues were $471.9 million, up 3.5% from the first quarter of 2022. On an organic basis, which also excludes COVID-related revenues, revenues grew 7.2%. Recurring Revenues Recurring revenues from
  evidence_url: https://www.sec.gov/Archives/edgar/data/860731/000086073123000016/0000860731-23-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.