Recent Updates — TYL
Tyler Technologies reported third-quarter results ending September 30, 2026, with total revenues of $647.6 million, an increase of 8.7% year-over-year. GAAP net income rose 12.7% to $95.1 million, or $2.33 per diluted share, while non-GAAP net income reached $143.4 million, or $3.52 per diluted share. Subscription revenues grew 15.3% to $462.6 million, driven by a 21.2% increase in SaaS sales to $242.2 million. The company achieved record quarterly free cash flow of $277.0 million, up 11.9%. Additionally, Tyler repurchased approximately 1.15 million shares for $379 million during the quarter and provided full-year 2026 guidance for non-GAAP diluted EPS between $12.95 and $13.20. Tyler Technologies is a leading provider of technology solutions purpose-built exclusively for the public sector.
Tyler Technologies reported second quarter 2026 results with total revenues of $645.1 million, up 8.2%, and GAAP net income of $93.5 million, or $2.23 per diluted share. SaaS revenues grew 21.7% to $230.6 million, while free cash flow reached a record $118.5 million. The company also announced the acquisition of For The Record for approximately $213 million in cash and completed a $1.4 billion convertible senior notes offering due in 2031. Additionally, Tyler's board approved a new share repurchase plan authorizing up to $1.5 billion of Class A Common Stock, effective July 24, 2026, replacing previous authorizations. The company operates in the public sector technology industry, providing software solutions for government entities.
Tyler Technologies, Inc. entered into a Rule 10b5-1 trading plan on June 12, 2026, to repurchase up to $150.0 million of its common stock between June 16, 2026, and July 30, 2026. The company has $332.7 million in remaining authorization from its February 3, 2002, Board authorization to repurchase up to $1.0 billion of common stock. Tyler Technologies, Inc. provides software solutions for the public sector.