Jun 2026 (Q2 FY26) — Jul 23, 2026
Roper Technologies Q2 FY26 — Solid Results and Raised Outlook
Read the full callRoper Technologies (ROP) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Roper Technologies earnings: last reported Thu, 23 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,109 | +8.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 27.7 | −0.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1,169 | +208.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
27 of 32 judged targets kept · 21 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Deltek large GovCon license deals closing | 2 slipped deals both land in the first half | Dec 2025 | We had mentioned a large license deal that we had not put in our guidance that they actually executed on, so it drove a little bit of outperformance in the segment | Achieved* |
| Full-year adjusted DEPS | $21.30 to $21.55 | Dec 2025 | we're raising adjusted DEPS guidance to a range of $22.15 to $22.30 | Revised Up |
| Application Software organic revenue growth | higher end of the mid-singles range | Dec 2025 | we expect organic growth for the second half of the year to meet the mid-single-digit plus range | On Track |
5 of ROPER TECHNOLOGIES INC's 53 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 50 more targets are in the full ledger.
Claimed
- Total revenue grew 9%, with organic revenue up 5% in Q2 FY26.
- Adjusted DEPS guidance for the full year was raised by $0.30 at the midpoint to $22.15-$22.30.
- Free cash flow increased 11% to $447 million in the quarter, with TTM FCF at $2.6 billion.
- Repurchased 3.6 million shares for $1.2 billion at an average price of $341 per share, reducing share count to 2013 levels.
- Expected gross proceeds of $1.4 billion from Indicor's instrumentation businesses divestment, strengthening deployment capacity.
Qualified
- Core EBITDA margin for the enterprise was down 70 basis points, primarily due to lower margins in the TEP segment.
- TEP segment EBITDA margins declined 220 basis points year-over-year due to input cost pressure at Neptune and mix shift to lower-margin consumables at NDI and Verathon.
- Organic recurring and nonrecurring revenue at MHA and iPipeline (Network Software segment) were weaker, offsetting strong recurring growth.
- Deltek's GovCon market showed encouraging signs but is not yet a confirmed trend, requiring consistent sales pipeline conversion over several quarters.
Price
$383.5 +0.21% · +$0.79
Performance −24.0% 1Y
1Y: $504.52 on 17 Oct 2025 → $383.5. High $514.52 (21 Oct 2025), low $315.53 (17 Feb 2026).
- Previous close
- $382.71
- 52-week range
- $315.53 – $514.52
- One year
- −24.19%
Overview
- Symbol
- ROP
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
27 of 32 judged targets kept · 21 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Deltek large GovCon license deals closing | 2 slipped deals both land in the first half | Dec 2025 | We had mentioned a large license deal that we had not put in our guidance that they actually executed on, so it drove a little bit of outperformance in the segment | Achieved* |
| Full-year adjusted DEPS | $21.30 to $21.55 | Dec 2025 | we're raising adjusted DEPS guidance to a range of $22.15 to $22.30 | Revised Up |
| Application Software organic revenue growth | higher end of the mid-singles range | Dec 2025 | we expect organic growth for the second half of the year to meet the mid-single-digit plus range | On Track |
Claimed
- Total revenue grew 9%, with organic revenue up 5% in Q2 FY26.
- Adjusted DEPS guidance for the full year was raised by $0.30 at the midpoint to $22.15-$22.30.
- Free cash flow increased 11% to $447 million in the quarter, with TTM FCF at $2.6 billion.
- Repurchased 3.6 million shares for $1.2 billion at an average price of $341 per share, reducing share count to 2013 levels.
- Expected gross proceeds of $1.4 billion from Indicor's instrumentation businesses divestment, strengthening deployment capacity.
Qualified
- Core EBITDA margin for the enterprise was down 70 basis points, primarily due to lower margins in the TEP segment.
- TEP segment EBITDA margins declined 220 basis points year-over-year due to input cost pressure at Neptune and mix shift to lower-margin consumables at NDI and Verathon.
- Organic recurring and nonrecurring revenue at MHA and iPipeline (Network Software segment) were weaker, offsetting strong recurring growth.
- Deltek's GovCon market showed encouraging signs but is not yet a confirmed trend, requiring consistent sales pipeline conversion over several quarters.
The full ledger
Open ROPER TECHNOLOGIES INC’s full ledger
A free account opens 5 company ledgers a month. All 53 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 23, 2026
Roper Technologies Q1 FY26 — Strong Start, Raised Full-Year DEPS, and Accelerating AI Velocity
Read the full callDec 2025 (Q4 FY25) — Jan 27, 2026
Roper Technologies Q4 FY25 — Solid Execution and Strong Capital Deployment
Read the full callEvery analysed call
Roper Technologies earnings calls (ROP)
Financials
What the filings say
Net profit, year on year: +209% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,765 | 1,877 | 1,883 | 1,944 | 2,018 | 2,059 | 2,095 | 2,109 |
| Operating profit | 497 | 525 | 526 | 548 | 573 | 588 | 570 | 585 |
| Operating margin | 28.1% | 27.9% | 27.9% | 28.2% | 28.4% | 28.6% | 27.2% | 27.7% |
| Other income | 1 | -4 | -0 | -0 | 2 | -1 | -3 | -0 |
| Interest | 68 | 71 | 63 | 79 | 90 | 93 | 99 | 111 |
| Profit before tax | 467 | 591 | 418 | 485 | 498 | 535 | 635 | 1,308 |
| Tax rate | 21.3% | 21.8% | 20.8% | 22.1% | 20.0% | 19.9% | 19.9% | 10.7% |
| Net profit | 368 | 462 | 331 | 378 | 399 | 428 | 509 | 1,169 |
| EPS ($ per share) | 3.43 | 4.31 | 3.08 | 3.52 | 3.70 | — | 4.88 | 11.64 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 6,248 | 7,818 | 8,546 | 9,456 | 13,731 | 14,816 | 16,035 | 17,206 |
| Total liabilities | 7,511 | 8,617 | 13,545 | 12,150 | 10,943 | 10,723 | 12,467 | 14,696 |
| Fixed assets | 129 | 140 | 127 | 83 | 85 | 120 | 150 | 157 |
| Total assets | 15,250 | 18,109 | 24,025 | 23,714 | 26,981 | 28,168 | 31,335 | 34,577 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,430 | 1,462 | 1,525 | 2,012 | 735 | 2,035 | 2,393 | 2,540 |
| Cash from investing | -1,335 | -1,296 | -6,074 | -143 | 1,210 | -2,126 | -3,468 | -3,388 |
| Cash from financing | -388 | 177 | 4,137 | -1,813 | -1,465 | -499 | 1,070 | 924 |
| Net cash flow | -307 | 345 | -401 | 43 | 441 | -578 | -26 | 109 |
| Capital expenditure | -49 | — | — | — | — | — | — | — |
| Free cash flow | 1,381 | — | — | — | — | — | — | — |
ROP revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Application Software | 56% | 56% | 57% | 56% | 58% | 56% | 57% | 56% | +7.8% |
| Technology Enabled Products | 23% | 24% | 23% | 24% | 22% | 23% | 23% | 24% | +7.3% |
| Network Software | — | — | 20% | 20% | 20% | — | 20% | 20% | +11.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
41 filings between Nov 11, 2025 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
$5.57M
4 purchases by 3 insiders
Sales
$19.06M
10 sales by 4 insiders
70% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 19
- Award — granted as compensation
- 3
- Option exercise — converted options into shares
- 4
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| HUNN LAURENCE NEIL | $4.52M | $13.31M | Nov 12, 2025 |
| Conley Jason | — | $2.67M | Dec 1, 2025 |
| WALLMAN RICHARD F | — | $2.32M | Jul 24, 2026 |
| Stipancich John K | — | $758.1K | Jul 27, 2026 |
| BRINKLEY AMY WOODS | $540.9K | — | Nov 12, 2025 |
| Joyce Thomas Patrick JR | $501.8K | — | Feb 6, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | Dubey Abhijit Director | Award | 13 | $0 |
| Oct 1, 2026 | Dubey Abhijit Director | Award | 619 | $0 |
| Sep 15, 2026 | ARCHAMBEAU SHELLYE L Director | Award | 84 | $0 |
| Sep 15, 2026 | Joyce Thomas Patrick JR Director | Award | 78 | $0 |
| Sep 15, 2026 | ESTEVES IRENE M Director | Award | 78 | $0 |
| Jul 27, 2026 | Stipancich John K EVP, Chief Legal Officer & Sec | Sale | 2,000 | $758.1K |
| Jul 27, 2026 | Stipancich John K EVP, Chief Legal Officer & Sec | Option exercise | 2,000 | $457.7K |
| Jul 24, 2026 | WALLMAN RICHARD F Director | Sale | 6,434 | $2.32M |
| May 20, 2026 | Thatcher Laura G Director | Award | 1,191 | $0 |
| May 20, 2026 | WALLMAN RICHARD F Director | Award | 1,191 | $0 |
| May 20, 2026 | Joyce Thomas Patrick JR Director | Award | 1,191 | $0 |
| May 20, 2026 | ARCHAMBEAU SHELLYE L Director | Award | 1,191 | $0 |
| May 20, 2026 | ESTEVES IRENE M Director | Award | 1,191 | $0 |
| May 20, 2026 | BRINKLEY AMY WOODS Director | Award | 1,191 | $0 |
| May 20, 2026 | JOHNSON ROBERT D Director | Award | 1,191 | $0 |
| May 20, 2026 | Murphy John Francis Director | Award | 1,191 | $0 |
| Mar 16, 2026 | WALLMAN RICHARD F Director | Award | 92 | $0 |
| Mar 16, 2026 | Joyce Thomas Patrick JR Director | Award | 85 | $0 |
| Mar 16, 2026 | ESTEVES IRENE M Director | Award | 85 | $0 |
| Mar 16, 2026 | ARCHAMBEAU SHELLYE L Director | Award | 92 | $0 |
| Mar 10, 2026 | Conley Jason EVP, Chief Financial Officer | Tax withheld | 3,065 | $1.08M |
| Mar 10, 2026 | Stipancich John K Executive VP, GC & Secretary | Tax withheld | 3,198 | $1.13M |
| Mar 10, 2026 | HUNN LAURENCE NEIL President and CEO | Tax withheld | 12,854 | $4.55M |
| Mar 10, 2026 | Cross Brandon L VP and Corporate Controller | Tax withheld | 110 | $38.9K |
| Mar 10, 2026 | Cross Brandon L VP and Corporate Controller | Award | 230 | $0 |
| Mar 10, 2026 | Cross Brandon L VP and Corporate Controller | Award | 972 | $0 |
| Feb 6, 2026 | Joyce Thomas Patrick JR Director | Purchase | 1,400 | $501.8K |
| Dec 8, 2025 | WALLMAN RICHARD F Director | Gift | 4,000 | $0 |
| Dec 1, 2025 | Conley Jason EVP, Chief Financial Officer | Option exercise | 6,000 | $1.02M |
| Dec 1, 2025 | Conley Jason EVP, Chief Financial Officer | Sale | 6,000 | $2.67M |
| Nov 12, 2025 | HUNN LAURENCE NEIL President and CEO | Purchase | 8,000 | $3.62M |
| Nov 12, 2025 | BRINKLEY AMY WOODS Director | Purchase | 1,200 | $540.9K |
| Nov 12, 2025 | HUNN LAURENCE NEIL President and CEO | Purchase | 2,000 | $903.1K |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 479 | $213.9K |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Option exercise 10b5-1 plan | 30,000 | $5.60M |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 1,398 | $617.9K |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 14,143 | $6.26M |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 9,055 | $4.02M |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 2,839 | $1.26M |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 1,725 | $768.6K |
| Nov 11, 2025 | HUNN LAURENCE NEIL President and CEO | Sale 10b5-1 plan | 361 | $161.9K |
| Sep 15, 2025 | WALLMAN RICHARD F Director | Award | 64 | $0 |
| Sep 15, 2025 | Joyce Thomas Patrick JR Director | Award | 59 | $0 |
| Sep 15, 2025 | ARCHAMBEAU SHELLYE L Director | Award | 64 | $0 |
| Sep 15, 2025 | ESTEVES IRENE M Director | Award | 59 | $0 |
| Aug 15, 2025 | JOHNSON ROBERT D Director | Sale | 200 | $105.8K |
| Aug 14, 2025 | JOHNSON ROBERT D Director | Sale | 200 | $104.3K |
| Jul 24, 2025 | Stipancich John K Executive VP, GC & Secretary | Gift | 100 | $0 |
| Jul 23, 2025 | Stipancich John K Executive VP, GC & Secretary | Sale | 1,500 | $846.3K |
| Jul 23, 2025 | Stipancich John K Executive VP, GC & Secretary | Option exercise | 1,500 | $343.3K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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