---
schema_version: "secwatch.filing_event.v1"
accession: "0000860731-24-000023"
form_type: "8-K"
ticker: "TYL"
cik: "0000860731"
company_name: "TYLER TECHNOLOGIES INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:47:04.346596+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tyler Tech Q1 beats: GAAP EPS $1.26 (+75% YoY), SaaS rev +22%; raises FY24 guidance

## Summary
- Total revenue $512.4M (+8.6% YoY); SaaS revenue $148.8M (+22% YoY), 13th straight quarter of 20%+ SaaS growth.
- GAAP EPS $1.26 (+75.4%); Non-GAAP EPS $2.20 (+26.7%); Adjusted EBITDA $134.6M (+19.6%).
- FY24 guidance raised: total revenue $2.11–2.14B; Non-GAAP EPS $9.10–9.30; free cash flow margin 17–19%.
- Repaid final $50M of term debt; net leverage well under 1x proforma EBITDA.
- Subscription revenues $313.2M (+11.7%); SaaS comprised ~93% of new software contract value.

## SEC filing metadata
- accession: 0000860731-24-000023
- form_type: 8-K
- ticker: TYL
- cik: 0000860731
- company_name: TYLER TECHNOLOGIES INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860731/000086073124000023/0000860731-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860731/000086073124000023/tyl-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860731-24-000023
- JSON: https://secwatch.observer/filing/0000860731-24-000023.json
- Plain text: https://secwatch.observer/filing/0000860731-24-000023.txt

## Key facts
- Earnings Releases
  TYLER TECHNOLOGIES INC reported the first quarter ended March 31, 2024 results: revenue $512.4 million, net income $54.2 million, EPS $1.26 per diluted share. Guidance raised.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $512.4 million
  - Net income: $54.2 million
  - EPS: $1.26 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights (all comparisons are to the first quarter of 2023): Revenues Total revenues were $512.4 million, up 8.6%. On an organic basis, revenues grew 7.8%. Recurring Revenues Recurring revenues from maintenance and subscriptions were $430.5 million, up 8.8%, and comprised 84.0% of
  evidence_url: https://www.sec.gov/Archives/edgar/data/860731/000086073124000023/0000860731-24-000023-index.htm

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