Tyler Technologies reported strong third-quarter results with nearly 10% revenue growth, driven by a robust 20% increase in SaaS revenues and increased transaction volumes, reinforcing its leadership in the public sector's digital transformation.

• Total revenues rose to $595.9 million, with SaaS revenues reaching $199.8 million, marking a 20% year-over-year increase.
• SaaS bookings hit a new all-time high, growing 5% sequentially and 5.8% year-over-year.
• The company is experiencing consistent demand for its cloud solutions, with significant contract wins in AI-driven service automation across several states.
• Annualized recurring revenue reached approximately $2.05 billion, reflecting a 10.7% increase, alongside a non-GAAP operating margin expansion to 26.6%.