Oracle Corporation (ORCL)
Oracle runs one of the world's most widely used database platforms and has pivoted aggressively into cloud infrastructure and applications. Its cloud regions have become a favored home for large AI training workloads.
ORCL vs TYL: how the two businesses compare
- Bigger business: ORCL, with $67.4B of yearly revenue, about 29× TYL's $2.3B.
- More profitable: ORCL keeps 25 cents of each sales dollar as profit, against 14 cents at TYL.
- More cash from each sale: ORCL turns 47 cents of each sales dollar into operating cash flow, against 28 cents at TYL.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Oracle (ORCL) is the larger business by reported revenue: $67.4B in its fiscal year ended May 2026, about 29× TYL's $2.3B (fiscal year ended Dec 2025). ORCL's net margin was 25.2% and TYL's 13.5%. Both file with the SEC under the same industry code, SIC 7372 (Services-Prepackaged Software).
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Information Technology
- Prepackaged Software
- Same classification
- Different
- ORCL May 31 · TYL December 31
- Jun 22, 2026
ORCL vs TYL: quick comparison
| Company fact | ORCL | TYL |
|---|---|---|
| Company | Oracle Corporation | Tyler Technologies, Inc. |
| Exchange | NYSE | NYSE |
| Headquarters | Austin, Texas | — |
| Founded | 1977 | — |
| SEC industry | Services-Prepackaged Software | Services-Prepackaged Software |
| Fiscal year-end | May 31 | December 31 |
| Latest annual filing | 10-K · 2026-06-22 | 10-K · 2026-02-18 |
ORCL vs TYL: audited financials
- Scale: ORCL's $67.4B of revenue is about 29× TYL's $2.3B.
- Net margin: ORCL kept 25.2% of revenue as net income versus 13.5% at TYL.
- Cash conversion: operating cash flow equalled ORCL 47.5% of revenue, or 1.88× net income; TYL 28.0% of revenue, or 2.07× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 5 months apart (2026-05-31 for ORCL, 2025-12-31 for TYL), so each figure reflects somewhat different demand and cost conditions.
| Metric | ORCL | TYL |
|---|---|---|
| Revenue | $67.4B2025-06-01 to 2026-05-31 · SEC filing | $2.3B2025-01-01 to 2025-12-31 · SEC filing |
| Net income | $17.0B2025-06-01 to 2026-05-31 · SEC filing | $316M2025-01-01 to 2025-12-31 · SEC filing |
| Operating cash flow | $32.0B2025-06-01 to 2026-05-31 · SEC filing | $654M2025-01-01 to 2025-12-31 · SEC filing |
| Diluted EPS | $5.832025-06-01 to 2026-05-31 · SEC filing | $7.202025-01-01 to 2025-12-31 · SEC filing |
| Net margin | 25.2%2025-06-01 to 2026-05-31 · SEC filing | 13.5%2025-01-01 to 2025-12-31 · SEC filing |
ORCL: FY ending 2026-05-31 · TYL: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where ORCL and TYL overlap, and where they don't
Overlap
- Same SEC industry: both report under SIC 7372, Services-Prepackaged Software.
Differences
- Offset fiscal calendars: ORCL's year ends May 31 and TYL's December 31, about 5 months apart.
- Only ORCL maps to Artificial intelligence.
- Scale: ORCL reported about 29× the annual revenue of TYL.
- Profitability: net margin of 25.2% for ORCL versus 13.5% for TYL.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Tyler Technologies, Inc. (TYL)
Tyler Technologies provides software that runs courts, permitting, payments, and administration for state and local governments.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves ORCL
- Oracle Cloud Infrastructure capacity additions and data-center build-out
- Migration of software support customers to cloud applications and infrastructure
- Renewal of software support contracts on the installed license base
- Capital spending and borrowing to fund data-center expansion
What moves TYL
We have not yet published a company-specific driver list for TYL. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-18.
The investment question
You now know ORCL reports about 29× TYL's revenue, and ORCL keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about the services-prepackaged software cycle, including “Oracle Cloud Infrastructure capacity additions and data-center build-out” at ORCL, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. ORCL's fiscal year ends May 31, while TYL's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 48 matched transaction rows for ORCL and 8 matched transaction rows for TYL. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
ORCL primary filings
TYL primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
ORCL vs TYL FAQs
Are ORCL and TYL direct competitors?
Oracle and Tyler Technologies share the SEC industry classification “Services-Prepackaged Software.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Is ORCL or TYL the bigger company by revenue?
Oracle (ORCL) is the larger business by reported revenue: $67.4B in its fiscal year ended May 2026, about 29× TYL's $2.3B (fiscal year ended Dec 2025). ORCL's net margin was 25.2% and TYL's 13.5%. Both file with the SEC under the same industry code, SIC 7372 (Services-Prepackaged Software). Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, ORCL or TYL?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this ORCL vs TYL comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Oracle Corporation and Tyler Technologies, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-10-10. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-10. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
ORCL vs TYL compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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