Plano, Texas-based Tyler Technologies, Inc. (TYL) provides integrated software and technology management solutions for the public sector in the United States. Valued at a market cap of $13.2 billion, the company operates in two segments, Enterprise Software and Platform Technologies and designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions.
TYL shares have lagged behind the broader market over the past year and declined 45.7% compared to the S&P 500 Index ($SPX) 29.6% surge. Moreover, in 2026, the stock has fallen nearly 32.3%, underperforming the SPX’s 9.8% rise.