Tyler Technologies Reports First Quarter 2026 Results

PLANO, Texas – February 11, 2026 – Tyler Technologies, Inc. (NYSE: TYL), a large-cap growth and value S&P 500 company, today announced financial results for the fourth quarter ended December 31, 2025. Fourth Quarter 2025 Financial Highlights (all comparisons are to the fourth quarter of 2024): Revenues Total revenues were $575.2 million, up 6.3%. During the fourth quarter, we recorded a non-cash loss reserve related to a previously disclosed contract dispute, which reduced non-recurring revenues and operating income by approximately $9.7 million. Recurring Revenues Recurring revenues were $514.4 million, up 10.9%, and comprised 89.4% of total revenues, up from 85.7%. Subscription revenues were $405.0 million, up 16.1%. Within subscriptions: ◦ SaaS revenues grew 20.2% to $208.3 million. Transaction-based revenues grew 12.1% to $196.7 million. Annualized recurring revenue (ARR) was $2.1 billion, up 10.9%. Earnings/EBITDA GAAP operating income was $75.0 million, up 4.6%. Non-GAAP