Tyler Technologies, Inc.
TYL · NYSE
TYL · NYSE
Tyler Technologies sells software to government agencies, including cloud-based and other solutions, and earns most of its revenue from recurring services. In Q3 2026, recurring revenue was $568.8 million, or 87.8% of total quarterly revenue of $647.6 million; the company reported 8.7% total revenue growth year over year. The supplied evidence does not break revenue down by operating segment. Tyler serves public-sector customers, and its software supports government operations; the evidence also describes expanding AI adoption among government agencies. For FY2025, Tyler reported $2.3 billion in revenue and $0.3 billion in net income, compared with $2.1 billion and $0.3 billion, respectively, in FY2024.
Tyler Technologies rose $4.16, or 1.07%, over the week, ending at $394.30 after a sharp midweek selloff and two-day rebound. Shares fell from $390.14 on Friday, Oct. 23, to $360.90 on Wednesday, Oct. 28, before recovering to $373.93 Thursday and $394.30 Friday. The Q3 update gave investors mixed signals: earnings beat estimates, recurring revenue grew 11% to $568.8 million, and quarterly free cash flow reached a record $277 million, but revenue missed estimates and management trimmed the high end of its SaaS outlook after several large deals closed later than planned. The rebound followed the results, as investors appeared to weigh recurring-revenue growth and margin expansion against the weaker revenue and guidance details.
