Form 10-Q · Quarterly report
Tyler Technologies 10-Q, filed Jul 29, 2026
- Filed
- CIK
- 0000860731
- Accession no.
- 0000860731-26-000050
Summary
Tyler Technologies reported that total revenue rose 8.2% for the three months ended June 30, 2026 and 8.4% for the six months, with subscriptions revenue up 12.0% and 13.3%, respectively, partly driven by recent acquisitions. During the period the company issued $1.44 billion of 0.50% convertible senior notes due 2031, repaid its $600 million 0.25% convertible notes due 2026 in cash at maturity, and entered a new $1.0 billion unsecured revolving credit agreement maturing in 2031 that replaced its prior $700 million facility.
Key points
- Tyler Technologies completed the acquisition of BFTR, LLC (For the Record), a provider of cloud-connected courtroom audio and video software, on April 14, 2026, adding it to the Enterprise Software segment.
- Recent acquisitions contributed $11.4 million to the revenue increase for the three months ended June 30, 2026 and $15.3 million for the six months.
- The 2026 Credit Agreement, dated May 28, 2026, provides a $1.0 billion unsecured revolving facility maturing May 28, 2031, with no outstanding borrowings as of June 30, 2026.
- Net proceeds of the 2031 notes were $1.41 billion; approximately $320.7 million was used to repurchase 1,026,900 common shares, part of roughly 2.4 million shares repurchased in the six months ended June 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations CAUTIONARY NOTE CONCERNING 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, expectations or beliefs with respect to our financial condition, results of operations or business. …
An excerpt of the text as filed with the SEC, cut for length.
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