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…
Earnings analysis · 10-Q
ROP earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
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…
Read full summary
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.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $5.16
What stood out
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Strong Revenue Growth of 11.3%
Q1 2026 revenue was $2,095.3 million, up from $1,882.8 million in Q1 2025.
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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.
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Healthy Free Cash Flow
Free cash flow for Q1 2026 was $562 million, reflecting strong cash generation.
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Segment Performance Improvements
Application Software segment grew 11.5% and Network Software grew 13.8%, contributing significantly to revenue.
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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.
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Increased Share Repurchase Authorization
The Board approved an additional $3.0 billion share repurchase capacity.
What to watch
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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.
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Potential Competitive Pressures
Management noted potential risks from competition within its various segments, emphasizing the need for continuous innovation.
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Impact of Geopolitical Risks
Current geopolitical uncertainties, including conflicts that could disrupt economies, may adversely impact business prospects.
Management's outlook
Management raised full-year adjusted DEPS guidance to $21.80–$22.05.
Earlier filings 4
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 itself. Analysis can contain errors; check the source document for full context.