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Tyler Technologies, Inc.
TYL - NYSE - $324.58 (as of ) ▼ -1.96%
-
Earnings Wed 29 Jul
Note: this preview was published before the 2026-07-29 earnings report. Results have since been released — verify against the latest filings.

Tyler Technologies, Inc. (TYL) Q2 FY26 earnings preview — archived, published May 9, 2026

The median of 12 price targets is $450[FMP target], stock is $325, +38.6% vs the analyst consensus median. Q1 FY26 EPS $3.09 vs $3.01 estimate: beat (+2.7%)[FMP earnings]. Stock move on D+1: -4.2%.

↓ summary below
Quick Take - in 40 seconds ·
B+
Council 3/6 - Historical V1 score 53

B+ — FMP rating [FMP ratings]. Form 4: unavailable[FMP Form 4].

Quick Answer

Tyler Technologies, Inc. (TYL) Q2 consensus: revenue $648.5M[FMP est], EPS $3.23[FMP est]. 1 consecutive quarters of beat[FMP earnings].

$3.23 EPS Estimate Last year $2.91 - +11% YoY
1 Beat Streak Expectations beaten consecutively for the last 1 quarters

Q1 FY26 EPS $3.09 vs $3.01 estimate: beat (+2.7%)[FMP]. Stock move on D+1: -4.2%[FMP D+1].

Watchlist

5 metrics stand out this quarter.

3 Investor Focus

Cross Sell Opportunity

cross_sell_opportunity

Tyler Technologies aims to increase the average number of products per customer from 3 to 10-12, leveraging its strategic initiatives to achieve this goal.

"Yes, Rob, I'd actually say we're looking for 3 products -- average of 3 to go to 10 to 12, not 7 to 8, but I'm not going to quibble."

- H. Moore - Q1 FY26 Earnings Call - April 30, 2026
$30 million Investor Focus

Ftr Acquisition Impact

ftr_acquisition_impact

The acquisition of For The Record (FTR) will increase Tyler Technologies' revenue guidance by approximately $30 million and contribute a modest amount to EPS.

"FTR adds somewhere in the neighborhood of $30 million of revenues to the full year and a modest amount to EPS."

- Brian Miller - Q1 FY26 Earnings Call - April 30, 2026
- Investor Focus

Ai Tailwind

ai_tailwind

While AI is a tailwind for Tyler Technologies, it's not a big one at this point; however, the company is making the right investments and partnering with clients.

"As it relates to AI, I think it's a tailwind. I wouldn't say it's a big tailwind at this point. We have a lot of AI initiatives going. We've got AI in a lot of our products. It's embedded in our workflows."

- H. Moore - Q1 FY26 Earnings Call - April 30, 2026
- Investor Focus

Ai Product Ramp

ai_product_ramp

Tyler Technologies expects a slower ramp to market for its AI products, as the public sector generally moves slower than the private sector.

"But I would generally say it's going to be a slower ramp. Our sector generally moves a little slower than the private sector."

- H. Moore - Q1 FY26 Earnings Call - April 30, 2026
- Investor Focus

Saas Transition Confidence

saas_transition_confidence

Tyler Technologies has high confidence in its SaaS transition, with increasing customer receptiveness to moving to the cloud.

"I'd say my confidence level in our cloud transition, both in terms of customers flipping to the cloud and what we're doing from an operational perspective are really high."

- H. Moore - Q1 FY26 Earnings Call - April 30, 2026

Stock Expert AI - Methodology

Do our scoring pillars, 6 perspectives, and Munger lens point in the same direction?

Council Score 3 / 6 Bullish

6 investor frameworks. 3 bullish (Ray Dalio, Klarman, Munger), 1 bearish (Ken Griffin), 2 neutral (Jim Simons, Buffett).

How is it calculated? ->
Ray Dalio macro - target upside +38.6%
Ken Griffin flow - 50d MA below
Jim Simons quant - RSI 43
Klarman value - target upside +38.6%
Buffett quality - ROE score 3/5
Munger valuation - target upside +38.6%
Munger's Mindset character & balance sheet lens
Undervalued

Quality business, discounted price.

How is it calculated? ->
Financial HealthModerate
Margin of SafetyStrong
Interest CoverageAdequate
ROIC vs WACCTight
Technical Levels - Pre-earnings positioning

What levels is the stock being tested at?

RSI(14)
43.4 RSI 43.4 weak momentum, 50d below
MACD
-5.10 price below 50d - resistance dominant
50d MA
$342 stock 5.1% below - short-term resistance
200d MA
$445 stock 27.1% below - long-term pressure
Volume (10d)
-42% decrease - low participation
Resistance
$450
Analyst median target - upgrade trigger if broken
Current
$325
Pre-earnings position
Support
$378
Invalidation - close below this is a technical breakdown
Pattern
Range
$378-$450 band - earnings breakout/breakdown trigger

Past Performance

4 quarters shown.

BEAT
Q2 FY25
$2.91 vs $2.77 est · Next-day price move: +5.4%
BEAT
Q3 FY25
$2.97 vs $2.86 est · Next-day price move: +0.0%
MISS
Q4 FY25
$2.64 vs $2.71 est · Next-day price move: -15.4%
BEAT
Q1 FY26
$3.09 vs $3.01 est · Next-day price move: -4.2%

Q1 FY26 (April 30, 2026) EPS $3.09 vs $3.01 estimate: beat (+2.7%)[FMP]. Stock move on D+1: -4.2%[FMP D+1].

Three scenarios: what could happen?

EPS < $3.13 (no guidance)

Q1 FY26 EPS $3.09 vs $3.01 estimate: beat (+2.7%)[FMP]. Stock move on D+1: -4.2%[FMP].

Backlog concentration

No RPO/backlog concentration disclosed in Q1 earnings call.

CapEx shock

Q1 CapEx $3.2M[FMP cashflow]. Q1 op margin 16.3%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.

Framework - Position discipline

After the data arrives: 3 scenarios, 3 windows

Not advice - a structural framework for earnings night. Decision discipline is yours.

Scenario A - Beat
Q2 EPS > $3.23 + CapEx discipline
Threshold: EPS > $3.23[FMP est].
Target: Break above median target $450[FMP target]; high target $550[FMP] upper bound.
Scenario B - In-Line
EPS approx $3.23 + CapEx < $3.2M
Threshold: EPS approx $3.23[FMP est], Q4 CapEx < $3.2M[FMP].
Target: Consolidation in the band between current $325[FMP] and median $450[FMP].
Scenario C - Miss
EPS < $3.13 or CapEx >= $3.2M
Threshold: EPS < $3.13[FMP estx0.97].
Current price $325 — below SMA200 $445 [FMP].

Market Outlook

What do analysts say? 12 price targets · 22 ratings

Wall Street Consensus
$450
12-month median target price (+38.6% gap to the analyst consensus median)
18
BUY
4
HOLD
0
SELL
Risk Management
$378
Invalidation level - critical support threshold
$342 - 50-day MA (below, -5.1%)
$445 - 200-day MA (below, -27.1%)
IV Crush risk (sudden drop in inflated option premiums before earnings): Option premiums are inflated before earnings.
Verdict - TYL Q2 FY26
B+

You read it in 5 minutes. When the numbers come out on Wednesday evening - you know what you're looking at.

Data arrives at night. The framework is ready now.

Data arrives on Wednesday evening. The framework is ready on this page: Q2 EPS threshold $3.23[FMP], CapEx threshold "below $3.2M". Two anchors, three scenarios.

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Stock Expert AI is free today — no credit card. Council 7-lens analysis + MoonshotScore multi-pillar + Insider tracker + Technical levels - all in one platform, for every stock.

Educational tool, not investment advice. Past performance does not guarantee future results.

Calendar

Catalyst Calendar - 90-day forward look

Jul 29, 2026EARNINGSQ2 FY26 results (after market close) + earnings call
Jul 30, 2026PRICEFirst trading day after earnings - 200dMA test + IV crush
Aug 9, 2026 – Aug 14, 2026FILING10-Q due within 40–45 days of quarter end (by Aug 9, 2026 – Aug 14, 2026); the exact deadline depends on filer status
~Oct 29, 2026EARNINGSQ3 FY26 (next quarter, date not yet scheduled in FMP)

DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.

Frequently Asked Questions

What does the TYL Q2 FY26 earnings preview cover?

This Tyler Technologies, Inc. (TYL) Q2 FY26 earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.

What should investors watch for in TYL Q2 FY26 earnings?

Tyler Technologies, Inc. (TYL): Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.

Where do the numbers on this page come from?

Tyler Technologies, Inc. (TYL): Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.

Is this a buy or sell recommendation?

Tyler Technologies, Inc. (TYL): No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.

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