ROP earnings analysis
What we found in ROP's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Roper Technologies reported strong Q1 2026 results with revenue of $2,095.3 million, growing 11.3% year-over-year, outperforming estimates. Adjusted EPS was $5.16, surpassing expectations, while free cash flow showed healthy generation at $562 million. Management raised full-year adjusted EPS guidance amidst robust revenue growth across key segments, although debt levels increased due to strategic financing moves.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Strong Revenue Growth of 11.3%
- Q1 2026 revenue was $2,095.3 million, up from $1,882.8 million in Q1 2025.
- Beat on Adjusted EPS
- GAAP EPS of $4.87 was lower than estimates, but adjusted EPS rose to $5.16, above the estimate of $4.98.
- Healthy Free Cash Flow
- Free cash flow for Q1 2026 was $562 million, reflecting strong cash generation.
- Segment Performance Improvements
- Application Software segment grew 11.5% and Network Software grew 13.8%, contributing significantly to revenue.
- Raised Full-Year EPS Guidance
- Management raised full-year adjusted EPS guidance to $21.80–$22.05 from a prior estimate of $21.30–$21.55.
- Increased Share Repurchase Authorization
- The Board approved an additional $3.0 billion share repurchase capacity.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Higher Interest Expenses
- Interest expense increased to $99.3 million for Q1 2026 from $62.9 million in Q1 2025 due to elevated debt levels.
- Potential Competitive Pressures
- Management noted potential risks from competition within its various segments, emphasizing the need for continuous innovation.
- Impact of Geopolitical Risks
- Current geopolitical uncertainties, including conflicts that could disrupt economies, may adversely impact business prospects.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $5.16
- Gross margin
- 69.4%
- Operating margin
- 30.9%
- Segment
- Application Software: $1,191.5M
- Segment
- Network Software: $427.6M
- Segment
- Technology Enabled Products: $476.2M
What they said about what is next.
Management raised full-year adjusted DEPS guidance to $21.80–$22.05.
The filing reads better than the one before it.
What came before.
- 10-K · February 24, 2026
- Roper positions itself as a diversified, acquisition-driven technology company focused on vertical software and technology-enabled products for defensible niche markets, emphasizing AI-enabled product enhancements and…
- 10-Q · May 2, 2025
- Roper reported quarterly revenue of $1,882.8 million (up $202.1 million vs. Q1 2024) and maintained a healthy gross margin of 68.7%, but GAAP diluted EPS declined to $3.06 from $3.54 a year ago. Operating cash flow was…
- 10-Q · May 3, 2024
- Roper reported strong Q1 results with net revenue of $1,680.7M, up 14.4% year-over-year, and diluted EPS of $3.54, up from $2.66 a year ago. All three reportable segments grew (Application Software and Technology…
- 10-Q · May 3, 2023
- Roper reported Q1 net revenue of $1,469.7 million, up 14.8% versus $1,279.8 million in Q1 2022, with continuing-op EPS (diluted) of $2.66 (vs $2.22). Operating income from continuing operations rose to $401.0 million…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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