Tyler Technologies stock slips after Q2 misses forecasts
Published on 08/13/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tyler Technologies stock (ISIN US9022521051) trades around $317.54 after a Q2 2026 report that showed $645.10 million in revenue against a $648.05 million forecast and adjusted EPS of $2.25 versus $3.06. The shares were quoted at $322.75 on August 12, 2026, while the market value stood at $13.48 billion.
Q2 2026 sets the tone
The same report also showed EPS TTM of 7.34 and a trading-day decline of 5.395 percent at $317.535, underscoring a sharp reset in sentiment after the earnings gap. The stock closed at $317.54 on August 12, 2026, according to the latest market snapshot.
That contrast matters because Tyler still reported a strong operating base: the company said SaaS revenue grew 21.7 percent in the most recent quarter and free cash flow set a record in Q2 2026. The numbers show a business still expanding even as the headline profit line missed expectations.
Growth still matters
At an August 12, 2026 conference appearance, Tyler said it had raised 2030 targets after beating its 2025 interim goals, including SaaS growth, free cash flow and margin progress. The company now targets 20 percent compound annual SaaS revenue growth through 2030, with mid-30s operating margins and 85 percent of on-prem customers expected to migrate to the cloud by then.
For investors, that combination of a Q2 miss and a longer runway for cloud migration explains why the shares can stay under pressure even while management points to stronger long-term economics. The latest transcript also highlighted more than 5.5 percent of shares repurchased year to date and a $1.5 billion repurchase expansion.
Product and platform
Tyler's software stack is built for public-sector workflows, from courts and justice to local government administration and payments. The company said roughly 98 percent of its clients are based in the U.S., with local governments making up about 75 percent of the customer base.
Price and profile
As of August 12, 2026, Tyler Technologies shares were last quoted at $317.54 on the NYSE, with a market capitalization of $13.48 billion. The stock remains tied to the same operating story: cloud migration, recurring SaaS growth and buybacks.
Fact box
Company: Tyler Technologies, Inc.
ISIN: US9022521051
Ticker: TYL
Exchange: NYSE
Price (as of August 12, 2026, 4:00 p.m. ET): $317.54 USD
Market cap: $13.48 billion
Sector / Industry: Information Technology / Application Software
Index membership: S&P 500
