Tyler Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC, reporting third-quarter total revenues of $647.6 million and net income of $95.1 million.

Key Highlights

  • Total revenues: $647,566 thousand for the three months ended September 30, 2026, up from $595,879 thousand in the same period of 2025, according to the filing.
  • Subscription revenues: $462,602 thousand in Q3 2026, compared with $401,094 thousand in Q3 2025, the filing disclosed.
  • Net income: $95,074 thousand for Q3 2026, versus $84,393 thousand in Q3 2025, as reported.
  • Diluted EPS: $2.33 for the quarter, compared with $1.93 in the prior-year quarter, the filing stated.
  • Nine-month net income: $269,766 thousand for the nine months ended September 30, 2026, up from $250,072 thousand a year earlier, per the filing.
  • Treasury stock activity: The filing reported 8,308,171 treasury shares as of September 30, 2026, with $1,124,102 thousand spent on treasury share purchases during the nine-month period, compared with 5,027,037 shares and $174,650 thousand a year prior.
  • New convertible notes: The company disclosed proceeds from issuance of convertible senior notes due 2031 of $1,437,500 thousand and repayment of convertible senior notes due 2026 of $600,000 thousand during the nine-month period.

Tyler Technologies Reports Q3 2026 Financial Results and Balance Sheet Changes

According to the 10-Q filed on NYSE:TYL, Tyler Technologies reported total revenues of $647,566 thousand for the three months ended September 30, 2026, an increase from $595,879 thousand in the comparable prior-year period. Subscription revenues were the largest component at $462,602 thousand, up from $401,094 thousand. Maintenance revenues declined to $106,239 thousand from $111,312 thousand, while professional services revenues were $62,968 thousand, compared with $64,728 thousand in Q3 2025.

The filing reported operating income of $117,037 thousand for the quarter, compared with $97,932 thousand a year earlier. Research and development expense rose to $63,349 thousand in Q3 2026 from $51,788 thousand in Q3 2025. For the nine months ended September 30, 2026, the company disclosed a gain on remeasurement of an equity investment of $25,048 thousand, with no comparable amount in the prior-year period. Net income for the nine-month period was $269,766 thousand, yielding diluted earnings per share of $6.51, compared with $5.70 in the nine months ended September 30, 2025.

On the balance sheet, cash and cash equivalents stood at $788,222 thousand as of September 30, 2026, down from $1,015,400 thousand at December 31, 2025. The filing attributed significant cash flows in the nine-month financing period to the repayment of convertible senior notes due 2026 ($600,000 thousand), issuance of convertible senior notes due 2031 ($1,437,500 thousand), and purchase of capped call transactions ($187,163 thousand). Goodwill increased to $2,770,159 thousand from $2,590,013 thousand at year-end, and cost of acquisitions, net of cash acquired, was $239,030 thousand for the nine-month period. Total shareholders' equity was $2,790,335 thousand as of September 30, 2026, compared with $3,702,789 thousand at December 31, 2025, reflecting the increase in treasury stock.

What Was Disclosed

Tyler Technologies filed its quarterly report covering the period ended September 30, 2026, disclosing revenues, net income, balance sheet changes including a new convertible note issuance, substantial treasury share repurchases, and an acquisition-driven increase in goodwill.