Tyler Technologies, Inc. (TYL)

Tyler Technologies, Inc. is the largest provider of specialized software and services for the public sector, currently led by President and CEO Lynn Moore. The company’s mission is to "empower the public sector to create smarter, safer, and stronger communities," a vision realized through a comprehensive suite of solutions for local, state, and federal governments. Tyler holds a dominant strategic position as the "Digital Architect" of government, managing everything from court systems and public safety to property taxes and civic engagement. Tyler Technologies, Inc. stock is a premier "Vertical SaaS" play, known for its high barriers to entry, low churn rates, and its essential role in the digital transformation of government infrastructure.

The company’s business operations are currently defined by its "Cloud-First" transition, moving its massive customer base from on-premise servers to its "Tyler on AWS" platform. In late 2025, Tyler reported its 10th consecutive year of recurring revenue growth, driven by the successful integration of its specialized "NIC" digital payment platform, which now processes billions in government transactions annually. The company’s future strategy involves "Agentic Government AI," utilizing specialized LLMs to help citizens navigate complex bureaucracies and automate routine administrative tasks for public employees. For 2026, the firm is prioritizing the expansion of its "Public Safety" and "Justice" suites to include advanced predictive policing and case management tools. Its competitive moat is its deep regulatory knowledge and its "sticky" relationships with over 13,000 government agencies.

Publicly traded on the New York Stock Exchange under the symbol TYL stock. It is a favorite for growth-oriented institutional investors who value its recession-resistant revenue and its long-term compounding potential. Market participants and tech analysts monitor the TYL stock price as a primary gauge of government IT spending and the adoption rate of cloud-based civic technologies. By December 2025, Tyler Technologies remains the undisputed leader in the public sector software market, utilizing its technical superiority and unmatched scale to modernize the world of government.