Tyler Technologies posts Q3 earnings beat but misses revenue expectations

Tyler Technologies reported third-quarter 2026 results on October 28, with revenue of $647.57M, GAAP EPS of $2.33 and net income of $95.07M. Non-GAAP EPS was $3.52, while revenue rose 8.7% year over year and SaaS revenue increased 21.2%. The company expects full-year EPS of $12.95-$13.20 and revenue of $2.54B-$2.57B.

The results show an adjusted earnings beat alongside revenue below the $651.46M expectation cited before the release. The full-year guidance range sets the earnings and revenue parameters investors will use to assess Tyler's cloud and SaaS execution.

  • 1Third-quarter revenue was $647.57M, net income was $95.07M and GAAP EPS was $2.33.
  • 2Non-GAAP EPS was $3.52 and exceeded analyst expectations.
  • 3SaaS revenue grew 21.2% year over year.
  • 4Tyler expects full-year EPS of $12.95-$13.20 and revenue of $2.54B-$2.57B.
  • 5Recurring revenue grew 11%, and quarterly free cash flow reached $277 million.
  • One material says Tyler reduced its full-year SaaS growth outlook by 1% because of timing issues, while another says 2026 guidance was maintained and gives SaaS revenue growth of 21.5-22.5%.
  • The materials do not establish whether the reported guidance range reflects GAAP or adjusted EPS.

Sources