泰勒科技 2025年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2025OR TYLER TECHNOLOGIES, INC. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☐No☒☐☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d) of the Act.YesNoIndicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically, every Interactive Data file required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒ No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of theExchange Act. (Check one): Large accelerated filer Non-accelerated Filer (Do not check if smaller reporting company) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in thefiling reflect the correction of an error to previously issued financial statements. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act.)Yes☐No☒ The aggregate market value of the voting stock held by non-affiliates of the registrant was $25,541,975,159 based on the reported last sale price of common stock onJune30, 2025, which is the last business day of the registrant’s most recently completed second fiscal quarter. The number of shares of common stock of the registrant outstanding on February16, 2026 was 42,985,340. DOCUMENTS INCORPORATED BY REFERENCE Certain information required by Part III of this annual report is incorporated by reference from the registrant’s definitive proxy statement for its annual meeting ofstockholders to be held on May5, 2026. TYLER TECHNOLOGIES, INC.FORM 10-KTABLE OF CONTENTS PART I Item1.BusinessItem1A.Risk FactorsItem 1B.Unresolved Staff Comments Item 1C.Cybersecurity Item 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures PART II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6.[Reserved]Item 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7A.Quantitative and Qualitative Disclosures about Market RiskItem 8.Financial Statements and Supplementary DataItem 9.Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A.Controls and ProceduresItem 9B.Other Information Item 9C.Disclosure Regarding Foreign Jurisdictions That Prevent Inspections PART IIIItem 10.Directors, Executive Officers and Corporate GovernanceItem 11.Executive CompensationItem 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13.Certain Relationships and Related Transactions, and Director IndependenceItem 14.Principal Accounting Fees and ServicesPART IV Item 15.Exhibits, Financial Statement SchedulesItem 16.Form 10-K SummarySignatures PART I ITEM 1.BUSINESS. DESCRIPTION OF BUSINESS Tyler Technologies, Inc. (“Tyler” or “Company”) is a leading provider of integrated software and technology management solutionsfor the public sector. Our solutions empower local, state, and federal government entities to create smarter, safer, and strongercommunities. We offer the broadest range of software solutions and services designed for every level of public sector governmentagency. Our solutions deliver mission-critical technology to support the essential functions of government, including public safety,justice, public health, taxation and budgeting, infrastructure and land use, outdoor recreation, utility and civic services, regula