| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.1K | 0.7% | 8.5% |
| Total Income | 2.1K | 0.7% | 8.5% |
| Expenditure | 1.5K | 0.1% | 9.2% |
| PBT | 1.3K | 106.0% | 169.5% |
| Net Profit | 1.2K | 129.6% | 208.9% |
| OPM | 27.73% | 0.54pp | 0.49pp |
| NPM | 55.41% | 31.12pp | 35.94pp |
| EPS | 11.64 | 138.5% | 230.7% |
Roper Technologies Announces Q2 2026 Financial Results and Increases Full Year Guidance
23 Jul 2026 · 23 Jul, 4:36 pm
Summary
Roper Technologies announced strong second quarter financial results, with revenue climbing 9% year-over-year to $2.11 billion, driven by 5% organic growth and 3% from acquisitions. Adjusted DEPS increased 10% to $5.38, and adjusted free cash flow grew 11% to $447 million. The company is raising its full-year 2026 guidance, now projecting adjusted DEPS between $22.15 and $22.30 and total revenue growth of 8% or more, reflecting confidence in its mission-critical solutions and accelerating AI innovation.
Key Highlights
- 1
Roper Technologies reported second quarter revenue increased 9% to $2.11 billion, with organic revenue growth of 5% and acquisition contribution of 3%.
- 2
GAAP DEPS increased significantly by 233% to $11.62, while adjusted DEPS saw a 10% rise to $5.38.
- 3
The company achieved a 16% increase in GAAP operating cash flow to $469 million and an 11% increase in adjusted free cash flow to $447 million.
- 4
Roper Technologies repurchased 3.6 million shares for $1.2 billion in Q2, bringing the cumulative repurchase activity over the past three quarters to 9.0 million shares.
- 5
The company is raising its full year 2026 guidance, now expecting adjusted DEPS of $22.15 - $22.30 and total revenue growth of 8%+, with organic revenue growth of approximately 6%.
- 6
Application Software segment revenue grew to $1,180.8 million, representing 69.8% gross profit margin.
- 7
Network Software segment reported revenue of $430.9 million with a strong 84.3% gross profit margin.
Management Comments
Neil Hunn
Roper delivered another solid quarter, with 9% total revenue growth, 5% organic revenue growth, and 11% free cash flow growth. We repurchased 3.6 million shares for $1.2 billion during the quarter, bringing our cumulative repurchase activity over the past three quarters to 9.0 million shares or more than 8% of shares outstanding, and rolling our share count back to 2013 levels. We continue to accelerate our pace of AI innovation, having launched multiple new products across the portfolio this quarter that expand our addressable markets. Early adopters are seeing the value of these solutions that address complex workflow challenges. This reinforces our conviction that Roper's vertical market-leading businesses, with deep domain expertise and proprietary data, are well positioned to create differentiated value for customers. Given the combination of our strong first half performance, share repurchases to date, and durable customer demand for our mission-critical solutions, we are raising our full year outlook. With significant capital deployment capacity, we are focused on attractive acquisition targets that will continue compounding free cash flow per share for our shareholders.
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