Tyler Technologies, Inc. · NYSE:TYL
Tyler Technologies — Q3 2026 Earnings Presentation
22 slides from Tyler Technologies's earnings presentation, Oct 29, 2026
Slide 1: 2026 Third Quarter Earnings Review, 2026 Annual Guidance
2026 Third Quarter Earnings Review 2026 Annual Guidance October 28, 2026
Slide 2: Statement Regarding Use of Non-GAAP Measures
Statement Regarding Use of Non-GAAP Measures Tyler Technologies has provided in this press release financial measures that have not been prepared in accordance with generally accepted accounting principles (GAAP) and are therefore considered non-GAAP financial measures. This information includes non
Slide 3: Forward-Looking Statements
Forward-Looking Statements This document contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical in nature and typically address future or anticipated events, trends, expectat
Slide 4: Tyler at a Glance: The Leader in Software Solutions to the Public Sector
T Y L E R AT A G L A N C E The Leader in Software Solutions to the Public Sector Key Metrics Diversified Revenue Streams # 1 2025 REVENUE BREAKDOWN MARKET POSITION ERP / State & Federal Financial 87% 33% 27% RECURRING REVENUES 2025 Revenue 98% $2.33B GROSS CLIENT Other RETENTION 2% Civic Services Co
Slide 5: Consistent Strategy with AI-Enhanced Growth Pillars
Consistent Strategy with AI-Enhanced Growth Pillars Driving Transactions Completing Growth Cloud Transition GOAL Leveraging Expanding • Truly differentiated ARR Growth + Installed Base TAM • Cloud-first drives long-term ARR offering Improved Margins = • Flips / Upsell • Expanded AI growth + Expanded
Slide 6: Q3 2026 Summary
Q3 2026 Summary
Slide 7: Third Quarter Results
Third Quarter Results D O U B L E - D I G I T A R R G R O W T H R E C O R D Q U A R T E R L Y F R E E C A S H F L O W Revenues* Free Cash Flow1 Non-GAAP Operating Margin1 Total Revenues $647.6M, up 8.7% $277.0M, up 11.9% 28.1%, up 150 bps Up 10.2% excluding the impact of the Texas payments contract
Slide 8: Third Quarter Results
Third Quarter Results S O L I D E X E C U T I O N , A I M O M E N T U M , A N D S T R A T E G I C C A P I T A L D E P L O Y M E N T Stable public sector market and generallyHealthy healthy public budgets; highdemand volume of Expanding AI adoption initiatives, addressing sector practical use cases p
Slide 9: Strong Recurring Revenue Growth
Strong Recurring Revenue Growth Total Revenues Recurring Revenues • Recurring revenues up 11.0% $647.6M $568.8M • Excluding the impact of the Texas payments contract, recurring revenues grew 12.8% % of Total Revenues YoY Growth • Subscriptions rose 15.3% $242.2M SaaS Revenues +21.2% • SaaS revenues
Slide 10: Notable Q3 Wins
Notable Q3 Wins CONTINUING SAAS MOMENTUM New SaaS Software deals SaaS flips AI-Driven deals • Harris County, TX • City of Gallup, NM • City of Buffalo, NY • Priority Based Budgeting • Enterprise ERP • Enterprise ERP • St. Louis County, MO • City of Vero Beach, FL • Nova Scotia, Canada • Priority Bas
Slide 11: Notable Q3 Wins
Notable Q3 Wins State & Federal deals Transaction-Funded deals Multi-Product / Cross-Sell Synergies • Louisiana LP Gas Commission • City of Lufkin, TX • New Jersey State Police • Enterprise ERP • Regulatory Licensing • Regulatory Licensing - Firearm • Enterprise Permitting and Licensing Vendors & In
Slide 12: 2026 Annual Guidance
2026 Annual Guidance
Slide 13: 2026 Annual Guidance
2026 Annual Guidance E X E C U T I N G LO N G -T E R M G R O W T H A N D C LO U D - F I R ST ST R AT E GY REVENUE DRIVERS T OTA L R E V E N U E S Guidance midpoint implies growth of approx. 9.3% $2.535B - $2.565B • Excluding impact of Texas payments contract, midpoint implies 11.0% growth $2.332B Re
Slide 14: 2026 Annual Guidance
2026 Annual Guidance Diluted EPS - Non-GAAP Free Cash Flow Margin R&D Expense $12.95 - $13.20 26% -28% $245M - $250M $11.31 26.6% $204.6M 2025 2026 Guidance 2025 2026 Guidance 2025 2026 Guidance Most recent 2026 guidance provided on 10/28/26 Tyler Technologies has not reconciled forward-looking full
Slide 15: Positioned to Scale Purpose-Built AI for Government
Positioned to Scale Purpose-Built AI for Government
Slide 16: AI Makes Tyler More Valuable: $2.0B New TAM
6 AI Makes Tyler More Valuable R E C U R R I N G S O F T W A R E R E V E N U E T O D AY AI WORLD $2.0B Protected recurring base + New TAM The labor augmentation budget AI strengthens it. A new TAM we have the right to win.
Slide 17: Scaling AI Across the Market on Tyler's Advantages
Scale: Scaling AI Across the Market on Tyler’s Advantages INSTALLED BASE SALES FORCE PROCUREMENT TRUSTED DELIVERY Enabled as a feature in the An established national An amendment to a trusted Clients trust our delivery cloud — no waiting for an sales force with 16,000 vendor's existing contract meth
Slide 18: Tyler's Government-Grade AI Has the Foundational Elements to Succeed
Tyler’s Government-Grade AI Has the Foundational Elements to Succeed W H Y W E W I N + + + Data Expertise Tyler AI Trust Produced daily by over From decades of public Internal & partnerships Clients trust 16,000 clients sector experience with Microsoft + us to lead managing complex OpenAI + AWS + wo
Slide 19: Appendix
Appendix
Slide 20: Non-GAAP Measures
Non-GAAP Measures THE TABLE RECONCILES THE NON-GAAP MEASURES USED IN THIS PRESENTATION GAAP 20
Slide 21: Non-GAAP Measures
Non-GAAP Measures THE TABLE RECONCILES THE NON-GAAP MEASURES USED IN THIS PRESENTATION GAAP 21
Slide 22: tylertech.com
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