Strong Subscription and SaaS Revenue Growth
Subscriptions revenue grew 12.0% YoY to $453.72M in Q2 FY2026, led by a 22% YoY surge in SaaS fees to $230.64M due to new client wins, on-premises client migrations, and annual price increases.
At the archive date, TYLER TECHNOLOGIES INC was expected to release its Q3 2026 10-Q filing on October 27, 2026, after market close. Last quarter: In Q2 FY2026, Tyler Technologies generated $645.10M in revenue (up 8.2% YoY) and $93.51M in net income (up 10.5% YoY), driven by a 22% growth in SaaS subscription revenues.
EPS Estimate
$3.50
Revenue Estimate
$658.29M
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the TYL page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Subscriptions revenue grew 12.0% YoY to $453.72M in Q2 FY2026, led by a 22% YoY surge in SaaS fees to $230.64M due to new client wins, on-premises client migrations, and annual price increases.
ARR reached $2.24B as of June 30, 2026, representing an 8% YoY increase compared to $2.07B as of June 30, 2025, driven by the ongoing shift toward SaaS offerings.
In May 2026, TYL issued $1.44B of 0.50% Convertible Senior Notes due 2031, repaid $600.0M of maturing 2026 notes in cash, and repurchased $504.9M of common stock during Q2 FY2026.
Revenue
$645.1M
+8.22% YoY
EPS (Diluted)
$2.23
+15.54% YoY
Gross Margin
47.6%
+1.8 pts YoY
Operating Income
$95.09M
-0.52% YoY
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