Tyler Technologies (TYL) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Tyler Technologies reported revenue of $648 million for Q3 2026, up 9% from a year earlier (Tyler Technologies, Oct 28, 2026). Diluted EPS was $2.33, up 21% from $1.93. Subscriptions brought in $463 million, up 15%. Every figure is from Tyler Technologies's release. Walnut is informational, not investment advice.
TYL Q3 2026 results
In one sentence
Tyler Technologies reported revenue of $648 million for Q3 2026, up 9% from a year earlier (Tyler Technologies, Oct 28, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $648 million | $596 million | up 9% |
| Diluted EPS (GAAP) | $2.33 | $1.93 | up 21% |
| Diluted EPS (non-GAAP) | $3.52 | $2.97 | up 19% |
| Net income | $95.1 million | $84.4 million | up 13% |
The quarter ended September 30, 2026 and Tyler Technologies published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Tyler Technologies reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- Tyler reports two segments, Enterprise Software ($491.5 million in Q3 2026) and Platform Technologies ($155.7 million). The table shows its revenue lines by type, which is how the release presents them.
- A state payment processing contract (Texas) wound down in the fourth quarter of 2025, which Tyler says cut transaction-based fees by about $8.3 million in Q3 2026.
Source: Tyler Technologies Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
TYL revenue by segment
How Tyler Technologies splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Revenue by type | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Subscriptions | $463 million | $401 million | up 15% |
| SaaS | $242 million | $200 million | up 21% |
| Transaction-based fees | $220 million | $201 million | up 9% |
| Maintenance | $106 million | $111 million | down 5% |
| Professional services | $63.0 million | $64.7 million | down 3% |
| Other | $15.8 million | $18.7 million | down 16% |
- Tyler Technologies's Subscriptions revenue was $463 million in Q3 2026, up 15% from $401 million in Q3 2025, 71% of total revenue.
- Tyler Technologies's Maintenance revenue was $106 million in Q3 2026, down 5% from $111 million in Q3 2025, 16% of total revenue.
- Tyler Technologies's Professional services revenue was $63.0 million in Q3 2026, down 3% from $64.7 million in Q3 2025, 10% of total revenue.
- Tyler Technologies's Other revenue was $15.8 million in Q3 2026, down 16% from $18.7 million in Q3 2025, 2% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Tyler Technologies's outlook for Full year 2026
From the earnings release
Tyler Technologies gives full-year guidance only, as a table in its release. It does not reconcile the non-GAAP EPS outlook to GAAP.
In its Q3 2026 release, Tyler Technologies said:
“Total revenues $2.535 billion to $2.565 billion”
“Non-GAAP diluted earnings per share $12.95 to $13.20”
“Free cash flow margin 26% to 28%”
“Research and development expense $245 million to $250 million”
Source: Tyler Technologies Q3 2026 release, Oct 28, 2026.
This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the TYL forecast page.
TYL recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $648 million | $2.33 | Oct 28, 2026 |
Q2 2026 ended Jun 30, 2026 | $645 million | $2.23 | Jul 29, 2026 |
Q1 2026 ended Mar 31, 2026 | $614 million | $1.88 | Apr 29, 2026 |
Q4 2025 ended Dec 31, 2025 | $575 million | $1.50 | Feb 11, 2026 |
Q3 2025 ended Sep 30, 2025 | $596 million | $1.93 | Oct 29, 2025 |
GAAP total revenues and diluted EPS, each as first reported in that quarter's release (Tyler reports in thousands; shown here in millions). Tyler's transaction-based fees are historically highest in the second quarter and lowest in the fourth.
When does TYL report earnings next?
We do not hold a confirmed date for Tyler Technologies's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Tyler Technologies quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 28, 2026
What Tyler Technologies's revenue is made of
Tyler Technologies sells software and services only to the public sector: counties, cities, school districts and state and federal agencies. Of its $647.6 million revenue in Q3 2026, recurring revenues were $568.8 million, or 87.8%, made up of subscriptions ($462.6 million) and maintenance ($106.2 million). Professional services such as implementation, data conversion and training added $63.0 million. (Tyler Technologies Q3 2026 release, Oct 28, 2026; Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026; Tyler Technologies Form 10-K, 2025, Feb 18, 2026)
SaaS is Tyler's fastest-growing line: revenue rose 21.2% to $242.2 million. The 10-Q attributes the growth to new clients, expansions with existing clients, existing on-premises clients converting to SaaS and annual price increases, with $9.8 million from recent acquisitions. The same conversions are why maintenance revenue fell 5%. (Tyler Technologies Q3 2026 release, Oct 28, 2026; Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026)
Tyler's transaction-based fees, mainly digital government services and payment processing, grew 9.5% to $220.4 million, or 14.2% excluding the wind-down of the Texas payments contract. The 10-Q puts that contract's drag at about $8.3 million in the quarter, and shows transaction fees in the Platform Technologies segment down 3% while those in Enterprise Software rose 27%. (Tyler Technologies Q3 2026 release, Oct 28, 2026; Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026)
Tyler reports two segments. Enterprise Software, which covers back-office systems for public administration, courts and public safety, education, and property and recording, had revenues of $491.5 million in Q3 2026, against $439.8 million a year earlier. Platform Technologies, which includes digital solutions and payment processing, had $155.7 million, against $155.6 million. (Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026)
Tyler's annualized recurring revenue was $2.28 billion, up 11.0%. On July 30, 2026 it acquired CODY Systems, a public safety SaaS and data-sharing company, for about $27.7 million in cash. (Tyler Technologies Q3 2026 release, Oct 28, 2026)
What Tyler Technologies's EPS includes
Tyler Technologies' GAAP diluted EPS was $2.33 in Q3 2026, up from $1.93, and its non-GAAP EPS was $3.52, up from $2.97. The non-GAAP figure excludes $39.2 million of share-based compensation, $8.8 million of amortization of acquired software and $16.2 million of amortization of other intangibles, among other items, and is taxed at a fixed non-GAAP rate of 23.0%. The GAAP effective tax rate was 21.5% in both quarters. (Tyler Technologies Q3 2026 release, Oct 28, 2026; Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026)
Tyler's diluted share count fell to 40.7 million from 43.8 million a year earlier. It repurchased 1,148,389 shares in the quarter for about $379 million, and its CEO said it has bought back about 8.5% of its outstanding shares in 2026, with about $1.37 billion left under its authorizations. In the first nine months Tyler also issued $1,437.5 million of convertible senior notes due 2031 and repaid $600.0 million of notes due 2026, and quarterly interest expense rose to $3.8 million from $1.2 million. (Tyler Technologies Q3 2026 release, Oct 28, 2026)
Tyler's GAAP operating margin rose to 18.1% from 16.4%, and its non-GAAP operating margin to 28.1% from 26.6%. Research and development expense rose to $63.3 million from $51.8 million. (Tyler Technologies Q3 2026 release, Oct 28, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Tyler Technologies
Tyler Technologies gives full-year guidance in its release, and no quarterly outlook. As of October 28, 2026 it expects 2026 total revenues of $2.535 billion to $2.565 billion, non-GAAP diluted EPS of $12.95 to $13.20 and a free cash flow margin of 26% to 28%, with research and development expense of $245 million to $250 million. (Tyler Technologies Q3 2026 release, Oct 28, 2026)
Tyler does not reconcile its non-GAAP EPS outlook to GAAP, citing the difficulty of estimating items such as share-based compensation, acquisitions and tax items. Through nine months it had reported revenues of $1,906.2 million and non-GAAP EPS of $9.79. (Tyler Technologies Q3 2026 release, Oct 28, 2026)
A consensus figure is the average of the models published by the analysts who cover Tyler Technologies, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Tyler Technologies
The figures below are the ones Tyler Technologies's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| SaaS revenue | $242.2 million, up 21.2% Enterprise Software SaaS up 22%; Platform Technologies SaaS up 14% Tyler Technologies Q3 2026 release, Oct 28, 2026; Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026 |
| Annualized recurring revenue | $2.28 billion, up 11.0% Tyler Technologies Q3 2026 release, Oct 28, 2026 |
| Recurring revenue share | 87.8% of total revenues $568.8 million, up 11.0% Tyler Technologies Q3 2026 release, Oct 28, 2026 |
| Transaction-based fees | $220.4 million, up 9.5% Up 14.2% excluding the Texas payments contract wind-down Tyler Technologies Q3 2026 release, Oct 28, 2026 |
| Free cash flow | $277.0 million, up 11.9% Free cash flow margin 42.8% in the quarter Tyler Technologies Q3 2026 release, Oct 28, 2026 |
| Deferred revenue | $864.3 million at September 30, 2026 About 98% expected to be recognized in the next 12 months Tyler Technologies Form 10-Q, Q3 2026, Oct 28, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning TYL is on is TYL a buy or a sell?, what analysts expect next is on the TYL forecast, and what the company does is on the Tyler Technologies (TYL) stock page.
How to check TYL's figures yourself
Every number on this page can be traced to a document Tyler Technologies published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Tyler Technologies
Ask Walnut's AI anything about TYL and see how it fits what you own.
FAQ
What was Tyler Technologies's revenue last quarter?
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Tyler Technologies reported revenue of $648 million for Q3 2026, the quarter ended September 30, 2026, against $596 million in Q3 2025 (up 9%). The figures come from Tyler Technologies's results release of October 28, 2026.
What guidance did Tyler Technologies give for Full year 2026?
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Tyler Technologies gives full-year guidance only, as a table in its release. It does not reconcile the non-GAAP EPS outlook to GAAP. In its Q3 2026 release, Tyler Technologies said: "Total revenues $2.535 billion to $2.565 billion Non-GAAP diluted earnings per share $12.95 to $13.20 Free cash flow margin 26% to 28% Research and development expense $245 million to $250 million" That is the company's own outlook as of Oct 28, 2026, and companies revise outlooks as the quarter goes on.
When does TYL report earnings next?
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We do not hold a confirmed date for Tyler Technologies's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Tyler Technologies's revenue come from?
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Tyler Technologies's Subscriptions revenue was $463 million in Q3 2026, up 15% from $401 million in Q3 2025, 71% of total revenue. Tyler Technologies's Maintenance revenue was $106 million in Q3 2026, down 5% from $111 million in Q3 2025, 16% of total revenue. Tyler Technologies's Professional services revenue was $63.0 million in Q3 2026, down 3% from $64.7 million in Q3 2025, 10% of total revenue. Tyler Technologies's Other revenue was $15.8 million in Q3 2026, down 16% from $18.7 million in Q3 2025, 2% of total revenue. These are the lines of Tyler Technologies's own "revenue by type" table for Q3 2026.
How much did Tyler Technologies's revenue grow last quarter?
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Up 9% on the year: $648 million in Q3 2026 against $596 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Tyler Technologies's business do not distort it.
What is the difference between Tyler Technologies's GAAP and non-GAAP EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Tyler Technologies's non-GAAP EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $2.33 and $3.52. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the TYL numbers on this page come from?
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From Tyler Technologies's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Tyler Technologies's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.