Tyler Technologies (NYSE:TYL) Posts Earnings Results, Beats Estimates By $0.03 EPS

29 Jul 2026, 20:40 by Teresa Graham · The Cerbat Gem

Tyler Technologies (NYSE:TYL – Get Free Report) announced its quarterly earnings results on Wednesday. The technology company reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03, FiscalAI reports. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business had revenue of $645.10 million during the quarter, compared to analysts’ expectations of $648.01 million. During the same quarter last year, the business posted $2.91 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Tyler Technologies updated its FY 2026 guidance to 12.950-13.200 EPS.

Tyler Technologies Stock Up 0.3%

Shares of TYL stock traded up $1.01 during mid-day trading on Wednesday, reaching $334.37. The company’s stock had a trading volume of 1,450,518 shares, compared to its average volume of 663,111. The company’s 50 day simple moving average is $304.36 and its 200-day simple moving average is $335.57. Tyler Technologies has a 12-month low of $270.71 and a 12-month high of $621.34. The firm has a market capitalization of $14.10 billion, a PE ratio of 46.18, a price-to-earnings-growth ratio of 2.21 and a beta of 0.82.

Institutional Investors Weigh In On Tyler Technologies

Several hedge funds have recently modified their holdings of TYL. DV Equities LLC acquired a new stake in Tyler Technologies during the 4th quarter valued at $27,000. Sfam LLC purchased a new stake in Tyler Technologies during the 4th quarter worth $37,000. Advisors Asset Management Inc. acquired a new position in Tyler Technologies in the 1st quarter worth $38,000. Geneos Wealth Management Inc. lifted its holdings in Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after buying an additional 40 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Tyler Technologies by 35.5% during the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after acquiring an additional 27 shares in the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TYL shares. Barclays upped their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a report on Friday, May 1st. DA Davidson reissued a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. Finally, TD Cowen decreased their target price on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $464.59.

Check Out Our Latest Research Report on TYL

Key Headlines Impacting Tyler Technologies

Here are the key news stories impacting Tyler Technologies this week:

Positive Sentiment: Quarterly earnings beat expectations: Tyler reported adjusted earnings of $3.08 per share, above the $3.05-$3.06 consensus range and up from $2.91 a year earlier. Revenue increased 8.2% year over year to $645.1 million. Tyler Technologies Tops Q2 Earnings Estimates
Positive Sentiment: Recurring and SaaS revenue remained strong: Recurring revenue reached $559.5 million, or 86.7% of total revenue, while SaaS revenue grew 21.7% to $230.6 million. Operating cash flow was $124.4 million and free cash flow was $118.5 million. Tyler Technologies Q2 Revenue Rises 8 Percent
Positive Sentiment: Shareholder returns expanded: The company authorized up to $1.5 billion in additional Class A share repurchases after buying back approximately $505 million of stock during the quarter. Buybacks can support per-share earnings and signal management confidence.
Positive Sentiment: Profit guidance exceeded consensus: Tyler forecast 2026 earnings of $12.95-$13.20 per share, above the $12.30 analyst consensus. Full-year revenue guidance was set at $2.535-$2.575 billion.
Neutral Sentiment: Revenue slightly missed estimates: Second-quarter revenue of $645.1 million was below analysts’ approximately $648 million forecast, limiting the overall upside from the earnings report.
Negative Sentiment: Price target reduced: TD Cowen lowered its Tyler Technologies price target to $400, a potentially cautious signal despite maintaining a target well above the recent trading level. TD Cowen Lowers Tyler Technologies Price Target

About Tyler Technologies

(Get Free Report)

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.