Tyler Technologies, Inc. (TYL) Earnings
Tyler Technologies, Inc. is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $3.23. TYL has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +2.2% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $3.01 | $3.09 | +2.7% | $614M | +0.8% |
| Feb 11, 2026 | $2.71 | $2.64 | -2.6% | $575M | -6.3% |
| Oct 29, 2025 | $2.86 | $2.97 | +3.8% | $596M | +0.3% |
| Jul 30, 2025 | $2.77 | $2.91 | +5.1% | $596M | +1.5% |
| Apr 23, 2025 | $2.56 | $2.78 | +8.6% | $565M | +1.5% |
| Feb 12, 2025 | $2.44 | $2.43 | -0.4% | $541M | +0.1% |
| Oct 23, 2024 | $2.46 | $2.52 | +2.4% | $543M | -0.5% |
| Jul 24, 2024 | $2.30 | $2.40 | +4.3% | $541M | -0.0% |
| Feb 14, 2024 | $1.86 | $1.89 | +1.6% | $481M | -0.8% |
| Nov 1, 2023 | $1.97 | $2.14 | +8.6% | $495M | -0.2% |
| Jul 26, 2023 | $1.86 | $2.01 | +8.1% | $504M | +0.0% |
| Feb 15, 2023 | $1.74 | $1.66 | -4.6% | $452M | -0.5% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- First quarter results provided strong start to 2026 with better - than - expected recurring revenue growth and free cash flow generation. Total revenues and recurring revenues reached new record highs, and free cash flow more than doubled. - Public sector demand remains robust, with active pipeline and growing momentum across cloud solutions, AI - enabled applications, and unified transaction strategy. - Repaid convertible debt at maturity and executed meaningful opportunistic share purchases under new authorization. - Earlier this month, completed acquisition of For the Record, the third largest acquisition in Tyler's history. - Well positioned for 2026 with durable demand drivers, accelerating cloud momentum, and trust - based approach to leading public sector's AI evolution, supporting confidence in delivering on strategic initiatives and 2030 targets.
Guidance
- Guidance raised due to addition of For the Record and first quarter outperformance. - FTR added approximately $30 million of revenues to the full year. - Expectations for free cash flow margin unchanged overall.
Segment performance
Total revenues and recurring revenues both reached new record highs. Free cash flow more than doubled last year's first quarter. Operating margins continue to improve benefiting from the cloud model transition.
Risks & headwinds
During the call, it was mentioned that management statements may include forward - looking statements subject to risks and uncertainties which could cause actual results to differ materially from projections, and referred to Form 10 - K and other SEC filings for more information on risks.
Analyst Q&A
Q: Terry Tillman asked about confidence level in SaaS flips and AI's role.
A: Lynn said confidence in cloud transition is high, public safety is now all going to cloud, AI is a tailwind with initiatives and client trust.
Q: Matt Bentley asked about RFP activity, win percentage, and deal sizes.
A: Matt said market dynamic is steady, RFPs, win rates are steady, deal sizes increase with upselling and adding AI.
Q: Ken Wong asked about drivers of increased guidance.
A: Brian said biggest factor is addition of For the Record accounting for meaningful revenue raise along with first quarter outperformance.
Q: Joshua Riley asked about ramp of AI use cases.
A: Lynn said ramp will be slower as sector moves slower than private sector, but there's receptiveness.
Q: Sackett Kalia asked about SaaS revenue guide change.
A: Brian said ~70% of FTR's revenues are software revenues, increase due to FTR and timing of bookings.
Q: Alex Zuckin asked about strength in bookings.
A: Brian said no one - time items, strong bookings due to normal volume, some deals like transaction - based one not impacting current bookings.
Q: Jonathan Ho asked about on - premises flips cadence.
A: They said focus on dollars rather than number of flips, expect volume up this year, on track for 2030 goal.
Q: Rob Oliver asked about product per customer motion.
A: Lynn said momentum is there, cross - sell with AI and strategic initiatives.
Q: Alan Verkovsky asked about AI for on - premise customers and free cash flow.
A: Lynn said AI may be more available in cloud in future, free cash flow due to working capital improvements.
Q: Clark Jeffries asked about maintenance revenue raise and SAS transition.
A: Brian said most maintenance increase due to For the Record, pace of flips due to client - specific factors.
Q: Charles Trouser asked about FTR's addressable market.
A: Lynn said FTR's market is ~$200M initially, expandable to ~500M, with more opportunities.
Q: Adam Hoschkiss asked about state and federal initiatives.
A: Lynn said new state sales team, expanding footprint, moving to funded solutions.
Q: Mark Chappell asked about single code stream goal.
A: Lynn said in phase two, more details at investor day in June, divisions making progress.
Q: Alexey Gogolev asked about R&D step up.
A: Brian said R&D investment balanced, moving resources to AI.
Q: Bill McNamara asked about state digital motor vehicle titling deal.
A: Brian said they have success in this area, implementation this year, revenues start next year.
Q: Belanif Parker Lane asked about client feedback on AI.
A: Lynn said key feedback is trust, clients concerned about data, AI foundry includes security, pricing varies.
Q: Austin Williams asked about AI efficiencies and buyback.
A: Lynn said seeing anecdotal AI efficiencies, continue share repurchase when good value.
Q: Terry Tillman followed up on document automation deals.
A: Lynn said it's about timing of deals, ROI selling point, applicable across more portfolio.
Q: Matt Van Sleep asked about revenue guide raise contribution from For the Record.
A: Brian said For the Record is the biggest contributor, added ~$30M to total revenues.