Tyler Technologies reports 8.2% revenue growth and adds $1.5 billion buyback
Filed with the SEC on · Summarized by InvestorsBot
Tyler Technologies reported second-quarter 2026 revenue of $645.1 million, up 8.2% from a year earlier, while SaaS revenue rose 21.7% to $230.6 million and GAAP diluted earnings increased 15.5% to $2.23 per share. Free cash flow rose 34.7% to $118.5 million, and the company completed its $212.7 million acquisition of For The Record and repurchased $505 million of stock during the quarter. On July 24, the board approved a new $1.5 billion Class A share-repurchase authorization, bringing total remaining authorization to approximately $1.745 billion as of July 29; Tyler maintained 2026 revenue guidance of $2.535 billion to $2.575 billion and non-GAAP diluted EPS guidance of $12.95 to $13.20.