Oct 28, 4:25 PM ET
Tyler Technologies reported third-quarter 2026 results for the period ended September 30, 2026, with total revenues of $647.6 million, up 8.7%, and GAAP net income of $95.1 million, or $2.33 per diluted share, up 12.7%. The company also issued full-year 2026 guidance of $2.535 billion to $2.565 billion in total revenues and $12.95 to $13.20 in non-GAAP diluted earnings per share. The filing shows the company repurchased about 8.5% of its outstanding shares year to date, which matters to shareholders as it reduces the share count.
- Total revenues were $647.6 million, up 8.7%; recurring revenues were $568.8 million, up 11.0%.
- GAAP net income was $95.1 million, or $2.33 per diluted share; non-GAAP diluted EPS was $3.52 versus $2.97 a year earlier.
- Free cash flow was $277.0 million, up 11.9%, which the company called a quarterly record.
- Repurchased 1,148,389 shares for about $379 million in the quarter, with about $1.37 billion left under existing authorizations.
Read the filing on SEC.gov ↗
Jul 29, 4:35 PM ET
Tyler Technologies reported second-quarter 2026 revenue of $645.1 million, up 8.2%, with GAAP net income up 10.5% to $93.5 million. The board also approved a $1.5 billion share repurchase plan on July 24, 2026, and the company kept its 2026 revenue and non-GAAP EPS guidance ranges in place.
- Total revenues were $645.1 million, up 8.2%; SaaS revenues grew 21.7% to $230.6 million
- GAAP net income was $93.5 million, or $2.23 per diluted share, up 10.5%; non-GAAP EPS was $3.08
- Board approved a repurchase plan of up to $1.5 billion on July 24, 2026; about $1.745 billion remained authorized as of July 29, 2026
- 2026 guidance: total revenues $2.535 billion to $2.575 billion; non-GAAP diluted EPS $12.95 to $13.20
Read the filing on SEC.gov ↗
May 29, 9:14 AM ET
On May 28, 2026, Tyler Technologies entered into an amended and restated unsecured revolving credit agreement of up to $1 billion, maturing May 28, 2031, with Wells Fargo Bank as administrative agent. The new facility replaces the company's existing $700 million credit agreement from September 2024, which was scheduled to mature in September 2029, and Tyler had no borrowings outstanding under either facility at closing.
- Revolving credit facility of up to $1 billion, unsecured, maturing May 28, 2031, replacing the $700 million facility dated September 25, 2024
- No borrowings were outstanding under either the new or the 2024 credit agreement at closing
- Uncommitted accordion allows an increase of up to the greater of $525 million or 100% of prior four-quarter EBITDA, plus additional debt up to a 3.25 to 1.00 total net leverage ratio
- Loan pricing ranges from SOFR plus 1.125% to 1.75% or prime plus 0.125% to 0.75%, based on total net leverage; the commitment fee is initially 0.125%
Read the filing on SEC.gov ↗
May 14, 5:13 PM ET
Tyler Technologies closed a $1,437,500,000 offering of 0.50% convertible senior notes due July 15, 2031, including the full exercise of the initial purchasers' option. The company used about $320.7 million of the net proceeds to repurchase 1,026,900 shares and about $187.2 million to fund capped call transactions, which raise the effective conversion price to about $655.77 per share. The filing says the capped calls are expected to reduce potential dilution to shareholders, but the notes add $1.44 billion of debt.
- Notes: $1,437,500,000 principal, 0.50% interest, maturing July 15, 2031, issued May 14, 2026
- Initial conversion price about $405.94 per share, a premium of about 30% over the $312.27 closing price on May 11, 2026
- About $320.7 million of net proceeds used to repurchase 1,026,900 shares; CEO Lynn Moore cited about 2.1 million shares repurchased year to date for about $667 million
- Net proceeds about $1,408.1 million; about $187.2 million used for capped call transactions
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.