Tyler Technologies Inc

Company facts

Industry

Services-Prepackaged Software

Headquarters

Plano, Texas

Most recent report

10-Q, filed Jul 29, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 860731

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 4 positive, 9 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Major refinancing, large buyback, acquisition, and earnings growth all in this period.
  Positive

  • Repaid $600M of 0.25% convertible notes at maturity with no dilution to shareholders.
  Notable

  • Acquired FTR for $212.7M cash, adding $162.6M goodwill and $114.6M in intangible assets.
  • Issued $1.44B of 0.50% convertible notes due 2031 to refinance and fund share repurchases.
  • Effective tax rate jumped to 22.5% in Q2 2026 from 17.4% in Q2 2025 due to lower stock compensation benefits.
  • Board authorized an additional $1.5B buyback plan in July 2026, leaving $1.745B remaining.
  • Repurchased 2.4M shares for $761.2M in H1 2026, including $511.2M in Q2 alone.
  • Minimum purchase commitments total $537.4M through 2031 for third-party technology and services.

• Management's Discussion (Item 2)

  Major financing, large buyback, segment decline, litigation costs, and key revenue trends.
  Positive

  • Total revenues up 8.2% in Q2 2026 (+8.4% H1), led by subscriptions growth of 12% (Q2) and 13% (H1).
  • Annualized recurring revenue (ARR) reached $2.24B as of June 30, 2026, up 8% from $2.07B a year earlier.
  • Cash from operations improved to $231.7M in H1 2026 from $154.5M a year earlier.
  Notable

  • Repurchased $755M of common stock in H1 2026, including $320.7M from convertible note proceeds.
  • Recognized a $25.0M non-cash gain on remeasuring the FTR equity investment upon acquisition.
  Negative

  • Litigation-related professional fees climbed $7.1M in Q2 2026 and $6.9M in H1 2026.
  • PT segment operating income fell 9% in H1 2026, partly from a $4.7M write-off of capitalized software.

• Unregistered Sales and Repurchases (Item 2)

  New $1.5B authorization and $504.9M Q2 buyback are material capital allocation actions.
  Notable

  • Repurchased $504.9M in Q2 2026, more than double Q1 2026's $250.1M.

What changed: Jun 2026 vs. Mar 2026

About 17% of TYL's Jun 2026 10-Q is new information. 64 paragraphs were added, 136 changed, and 34 removed. Below are the most important lines SECSift identified.

• Item 2 78
• Item 1 74
• Item 6 3
• Item 3 2
• Item 4 2
• Item 5 1
• Item 1A 1