Filing Flows › Tyler Technologies (TYL) › Q2 2026
Tyler Technologies (TYL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Tyler Technologies (TYL) reported revenue of $645M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before. Operating margin was 14.7%, net earnings $93.5M (14.5% of revenue).
Tyler Technologies, Q2 2026: revenue $645M (+8% year over year), operating margin 14.7%, net earnings $93.5M, operating cash flow $124M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $645M | +5% | +8% |
| Gross profit | $307M | +4% | +12% |
| Operating profit | $95.1M | -5% | -0.5% |
| Net earnings | $93.5M | +15% | +10% |
| Operating cash flow | $124M | +16% | +27% |
| Free cash flow | $119M | — | +35% |
What changed
Revenue was $645.1M in Q2 2026, up 8% year over year and up 5% from the previous quarter. Subscription and Circulation was the largest line at 70% of revenue. Subscription and Circulation added $48.6M year over year (up 12%), 99% of the total change. Maintenance declined 6%.
Gross margin was 47.6%, up 1.8 points from Q2 2025. Operating profit was $95.1M, a 14.7% margin (down 1.3 points year over year). Operating profit fell $501K even though revenue rose $49.0M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 19% against revenue growth of 8%. The fastest-growing cost line was General & admin (+22%). Net earnings were $93.5M, up 10% year over year. The effective tax rate was 22.5%. Non-operating items added $25.5M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $124.4M (up 27% year over year), 133% of net earnings. Non-cash charges added back $35.8M of depreciation and amortization and $43.7M of share-based compensation. Working capital and other items used $48.6M. After additions to property and equipment ($5.1M) and investment in software development ($845K), free cash flow as the company reports it was $118.5M.
Questions
What was Tyler Technologies' revenue in the second quarter 2026?
Tyler Technologies (TYL) reported revenue of $645M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before.
Was Tyler Technologies profitable in the second quarter 2026?
Operating profit was $95.1M (14.7% of revenue) and net earnings $93.5M.
Source: Tyler Technologies 10-Q on SEC EDGAR.