| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.1K | 11.3% |
| Total Income | 2.1K | 11.3% |
| Expenditure | 1.5K | 12.4% |
| PBT | 635.00 | 51.9% |
| Net Profit | 508.90 | 53.7% |
| OPM | 27.18% | 0.74pp |
| NPM | 24.29% | 6.70pp |
| EPS | 4.88 | 58.4% |
Roper Technologies Reports Q1 2026 Revenue $2.10 Billion, Up 11% YoY
23 Apr 2026 · 23 Apr, 4:32 pm
Summary
Roper Technologies reported strong first quarter 2026 financial results, with total revenue increasing 11% to $2.10 billion, supported by 6% organic growth. GAAP net earnings surged 54% to $509 million, while adjusted net earnings grew 4% to $539 million. Adjusted EBITDA also saw an 8% increase to $797 million, and free cash flow improved by 11% to $562 million. Management highlighted robust performance across the board, the continued shipment of AI products, and a significant expansion of the share repurchase program, leading to an increased full-year adjusted DEPS outlook.
Key Highlights
- 1
Revenue for the first quarter of 2026 increased by 11% to $2.10 billion, driven by 6% organic revenue growth and a 5% contribution from acquisitions.
- 2
GAAP net earnings saw a significant increase of 54% to $509 million, while adjusted net earnings grew by 4% to $539 million.
- 3
Adjusted EBITDA rose by 8% to $797 million, reflecting strong operational performance during the quarter.
- 4
Operating cash flow increased by 12% to $592 million, and free cash flow grew by 11% to $562 million.
- 5
The company repurchased 4.3 million shares for $1.5 billion in Q1, bringing the program-to-date total to 6.0 million shares for $2.2 billion.
- 6
GAAP diluted earnings per share (DEPS) increased by 59% to $4.87, and adjusted DEPS grew by 8% to $5.16.
- 7
Roper Technologies raised its full year 2026 adjusted DEPS guidance to a range of $21.80 - $22.05, up from the previous guidance of $21.30 - $21.55.
Management Comments
Neil Hunn
First quarter results were strong across the board, with 6% organic revenue growth, 11% total revenue growth, and 11% free cash flow growth. On capital deployment, we have repurchased six million shares over the past six months, representing almost 6% of shares outstanding. Also, our Board has authorized an additional $3 billion of share repurchases, bringing remaining capacity to $3.8 billion.
Neil Hunn
During the quarter, our businesses continued shipping AI products, fueled by Roper's expanded AI capacity and accelerated speed of execution. Early market response validates what we have long believed: vertical market leaders with proprietary data and deep workflow density are best positioned to deliver AI solutions that customers actually value and utilize.
Neil Hunn
We are raising our full year DEPS outlook on the strength of Q1, share repurchases to date, and resilient demand for our businesses' mission-critical solutions. With more than $5 billion of deployable capacity against attractive acquisitions and opportunistic buybacks, Roper is well positioned to compound long-term free cash flow per share for our shareholders.
Informational and educational content only. Not investment advice.