Quarterly ResultJul 29, 2026, 04:47 PM
Tyler Technologies Q2 Revenue +8.2% to $645.1M; EPS $2.23
AI Summary
Tyler Technologies reported strong financial results for the second quarter and first half of 2026. Q2 revenues increased 8.2% to $645.1 million, with net income growing 10.5% to $93.5 million and diluted EPS reaching $2.23. The company also completed significant financing activities, including the repayment of $600.0 million in convertible senior notes and the issuance of $1,437.5 million in new notes, alongside substantial share repurchases.
Key Highlights
- Total revenues for Q2 2026 increased 8.2% to $645.1 million from $596.1 million in Q2 2025.
- Net income for Q2 2026 rose 10.5% to $93.5 million compared to $84.6 million in Q2 2025.
- Diluted EPS for Q2 2026 was $2.23, an increase of 15.5% from $1.93 in Q2 2025.
- Total revenues for the six months ended June 30, 2026, grew 8.4% to $1,258.6 million.
- Net income for the six months ended June 30, 2026, was $174.7 million, up 5.4%.
- Company reported a $25.0 million gain on remeasurement of equity investment in Q2 and YTD 2026.
- Repaid $600.0 million in convertible senior notes due 2026 and issued $1,437.5 million in notes due 2031.
- Purchased $755.0 million of treasury shares during the six months ended June 30, 2026.
Price Impact
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