MarketBeat
Sat, May 2, 2026 astatine 11:27 AM CDT 9 min read
Key Points
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Strong Q1 financials: Tyler reported grounds full and recurring gross with escaped currency travel that “more than doubled” year‑over‑year and improving operating margins arsenic the institution advances its unreality transition.
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For The Record acquisition included successful guidance: The precocious closed FTR woody is expected to adhd astir $30 million of gross for 2026 and a humble magnitude to EPS, with absorption expecting FTR’s SaaS premix to turn arsenic hardware and attraction decline.
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Cloud momentum and transaction growth: Management said public‑safety adoption is accelerating toward 100% cloud, targets >80% lawsuit unreality flips by 2030 (peak 2027–2029), and highlighted a statewide integer conveyance rubric transaction that won’t publication until 2027 but could transcend $20 million annually astatine afloat ramp.
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Tyler Technologies (NYSE:TYL) executives said the institution opened 2026 with stronger-than-expected recurring gross maturation and a crisp summation successful escaped currency flow, supported by continued public-sector demand, expanding unreality adoption, and momentum successful transaction-based offerings.
On the company’s first-quarter 2026 net telephone held April 30, President and CEO Lynn Moore said Tyler delivered grounds highs successful some full gross and recurring revenue, portion escaped currency travel “more than doubled past year’s archetypal quarter.” Moore added that operating margins continued to amended arsenic the institution progresses done its unreality exemplary transition.
Quarter highlights: unreality momentum, transactions, and superior allocation
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Moore described nationalist assemblage request arsenic “robust,” pointing to an progressive pipeline and “growing momentum crossed our unreality solutions, AI-enabled applications, and our unified transaction strategy.” He besides highlighted equilibrium expanse and superior allocation actions during the quarter, including repayment of Tyler’s convertible indebtedness astatine maturity and “meaningful opportunistic stock repurchases” nether a caller authorization.
Asked aboriginal astir the company’s buyback pace, Moore said Tyler had repurchased astir 2.5% of its banal successful 2026 to day astatine an mean terms of astir $315, and had astir $650 cardinal remaining nether its authorization. He tied continued repurchases to assurance successful the company’s longer-term strategy and escaped currency travel profile, saying, “We’re gonna proceed to bargain our shares erstwhile we deliberation it’s a bully value.”

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