Recent Updates — TYL
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.