Tyler Technologies, Inc. (TYL) Financials
Key financial figures for Tyler Technologies, Inc. (Q3 2026).
Tyler Q3 2026 revenue rose 8.7% to $647.6M with SaaS up 21.2% and record quarterly free cash flow of $277.0M, but the top of the 2026 revenue range was cut to $2.565B. Total revenue was $647.6M, up 8.7%; recurring revenue was $568.8M, up 11.0% (87.8% of revenue); ARR was $2.28B, up 11.0%. Subscription revenue grew 15.3% to $462.6M, with SaaS up 21.2% to $242.2M and transaction revenue up 9.5% to $220.4M (14.2% excluding the Texas payments contract wind-down, per the CFO). GAAP operating income was $117.0M (+19.5%); non-GAAP operating income was $182.1M (+14.8%), a 28.1% margin versus 26.6%. GAAP EPS was $2.33 and non-GAAP EPS was $3.52 versus $2.97 a year earlier; diluted shares fell to 40.7M from 43.8M. On the outlook: FY2026 guidance as of Oct 28, 2026: total revenue $2.535B to $2.565B (July 29 range was $2.535B to $2.575B), non-GAAP diluted EPS $12.95 to $13.20 (unchanged), free cash flow margin 26% to 28% (unchanged), R&D expense $245M to $250M, capital expenditures $20M to $22M, net interest income $15M to $17M. Figures are for Q3 2026, as Tyler Technologies reported them.
- Revenue
- $648M
- Net Income
- $95M
- EPS
- $2.35
- Total Assets
- $5.6B
- Operating Cash Flow
- $282M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $648M | $95M | $2.33 | 18.07% | $278M |
| Q2 FY2026 | $645M | $94M | $2.23 | 14.74% | $119M |
| Q1 FY2026 | $614M | $81M | $1.88 | 16.27% | $104M |
| Q4 FY2025 | $575M | $66M | $1.50 | 13.04% | $240M |
| Q3 FY2025 | $596M | $84M | $1.93 | 16.43% | $251M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.3B | $316M | $7.20 | 15.34% | $638M |
| FY2024 | $2.1B | $263M | $6.05 | 14.01% | $604M |
| FY2023 | $2.0B | $166M | $3.88 | 11.2% | $360M |
Frequently asked questions
What was Tyler Technologies's revenue last quarter?
Tyler Technologies reported revenue of $647.6 million for Q3 FY2026, up 8.7% from the same period a year earlier.
Is Tyler Technologies profitable?
Yes. Tyler Technologies reported net income of $95.1 million for Q3 FY2026, a net margin of 14.68% on revenue.
How has Tyler Technologies's margin trended?
Operating margin was 18.07% in Q3 FY2026, compared with 16.43% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Tyler Technologies generate?
Tyler Technologies generated free cash flow of $278.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Tyler Technologies, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.