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Tyler Technologies vs Dropbox: TYL and DBX compared
Tyler Technologies is the larger company: $648M of revenue in its latest quarter (Q3 2026) against $637M for Dropbox (Q3 2026). Tyler Technologies is growing faster (+9% against +0.5% a year earlier). Dropbox is more profitable, with an operating margin of 27.5% against 18.1%.
Where the money goes: TYL and DBX
Tyler Technologies (TYL) · Q3 2026
Tyler Technologies, Q3 2026: revenue $648M (+9% year over year), operating margin 18.1%, net earnings $95.1M, operating cash flow $282M. The chart follows the revenue to costs, profit and cash.
Dropbox (DBX) · Q3 2026
Dropbox, Q3 2026: revenue $637M (+0.5% year over year), operating margin 27.5%, net earnings $116M, operating cash flow $259M. The chart follows the revenue to costs, profit and cash.
| Tyler Technologies (TYL) | Dropbox (DBX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $648M | $637M |
| Revenue growth, Y/Y | +9% | +0.5% |
| Gross margin | 49.1% | 80.6% |
| Operating margin | 18.1% | 27.5% |
| Net earnings | $95.1M | $116M |
| Net margin | 14.7% | 18.2% |
| Operating cash flow | $282M | $259M |
| Free cash flow | $277M | $252M |
| Market value | $17.1B | $7.8B |
| P/E | 53.0× | 17.9× |
| Analysts’ mean target | $446.14 | $33.50 |
Where the revenue comes from
Tyler Technologies
- Subscription and Circulation: $463M (71%)
- Maintenance: $106M (16%)
- Professional services: $63.0M (10%)
- Other: $15.8M (2%)
Questions
Which is bigger, Tyler Technologies or Dropbox?
Tyler Technologies is the larger company: $648M of revenue in its latest quarter (Q3 2026) against $637M for Dropbox (Q3 2026).
Is Tyler Technologies or Dropbox growing faster?
Tyler Technologies is growing faster (+9% against +0.5% a year earlier).
Which is more profitable, Tyler Technologies or Dropbox?
Dropbox is more profitable, with an operating margin of 27.5% against 18.1%.
More: Tyler Technologies earnings · how Tyler Technologies makes money · Dropbox earnings · how Dropbox makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.