Earnings Releases·Oct 28, 2026, 4:25 PM ET

Tyler Technologies — Third Quarter 2026 Earnings Summary

Total revenues reached $647.6 million, up 8.7% year-over-year, driven by 11.0% growth in recurring revenues to $568.8 million (87.8% of total); GAAP net income rose 12.7% to $95.1 million while record free cash flow hit $277.0 million, up 11.9%.
Full-year 2026 guidance was reaffirmed with total revenue expected between $2.535 billion and $2.565 billion and Non-GAAP diluted EPS projected at $12.95 to $13.20, reflecting confidence in a strong finish and long-term "Tyler 2030" objectives.
Strategic activity included the July 30, 2026, acquisition of CODY Systems for approximately $27.7 million and the sale of approximately 300 AI-enabled deals, alongside a capital return program involving $379 million in share repurchases during the quarter.
Balance sheet management featured the repayment of $600 million in convertible senior notes and the issuance of $1.4375 billion in new convertible senior notes due 2031, while deferred revenue increased to $846.3 million.