Roper Technologies (ROP) Q2 FY2026 earnings: revenue $2.1 billion, up 8.5% on the year

Roper Technologies Inc. (ROP) reported revenue of $2.1 billion for Q2 FY2026, the quarter ended 30 June 2026, up 8.5% on the same quarter a year earlier. Net income was $1.2 billion, up 208.9% on the year, and diluted earnings per share $11.62. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.

Revenue

$2.1 billion

+8.5% on the year · +0.6% on the quarter

Q3 FY2024Q2 FY2026

Operating margin

27.7%

28.2% a year earlier

Q3 FY2024Q2 FY2026

Net income

$1.2 billion

+208.9% on the year · +129.6% on the quarter

Q3 FY2024Q2 FY2026

Diluted EPS

$11.62

+233.0% on the year · +138.6% on the quarter

Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 1 lowered, 1 narrowed, 3 new.

Revenue rose 9% to $2.11 billion: Revenue was $2.11 billion against $1.94 billion a year earlier, an increase of 9%.
Adjusted DEPS up 10%: Adjusted diluted EPS was $5.38 against $4.87. GAAP diluted EPS was $11.62 against $3.49; adjusted figures exclude Indicor-related financial impacts.
Multiple AI products launched in quarter: Management said the company launched several new products across its portfolio in the quarter. It said early adopters see value in solutions for complex workflow challenges.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Revenue	2,109	2,095	1,944	+0.6%	+8.5%
Cost of revenue	639	642	598	-0.4%	+6.8%
Gross profit	1,470	1,454	1,345	+1.1%	+9.3%
Gross margin	69.7%	69.4%	69.2%
Selling, general and administrative	886	884	797	+0.1%	+11.1%
Operating income	585	570	548	+2.7%	+6.6%
Operating margin	27.7%	27.2%	28.2%
Interest expense	111	99.3	79.1	+12.2%	+40.8%
Pre-tax income	1,308	635	485	+106.0%	+169.5%
Income tax	140	126	107	+10.6%	+30.4%
Effective tax rate	10.7%	19.9%	22.0%
Net income	1,168	509	378	+129.6%	+208.9%
Net margin	55.4%	24.3%	19.5%
Diluted EPS	$11.62	$4.87	$3.49	+138.6%	+233.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Operating cash flow	470	592	404	-20.7%	+16.2%
Cash from investing	-16.2	-56.1	-1,904
Cash from financing	-460	-445	1,348
Depreciation and amortisation	231	230	224	+0.1%	+3.1%
Share-based compensation	55.6	52.6	43.9	+5.7%	+26.7%
Buybacks	1,227	1,500	0.0	-18.2%
Dividends paid	94.0	97.4	88.6	-3.5%	+6.1%
Dividend per share	$0.91	$0.91	$0.82	0.0%	+10.3%
Diluted shares, weighted	101m	105m	108m	-3.8%	-7.2%
Shares outstanding at period end	99m	102m	108m	-3.4%	-8.1%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Shareholders' equity	18,700	18,818	19,634	-0.6%	-4.8%
Debt	11,319	10,464	8,859	+8.2%	+27.8%
Other liabilities	5,150	5,269	4,728	-2.3%	+8.9%
Total liabilities and equity	35,170	34,551	33,220	+1.8%	+5.9%
Fixed assets	159	158	156	+0.3%	+1.4%
Goodwill	21,331	21,348	20,508	-0.1%	+4.0%
Intangible assets	9,347	9,559	9,627	-2.2%	-2.9%
Cash and equivalents	365	383	242	-4.7%	+50.5%
Receivables	927	877	869	+5.7%	+6.7%
Inventory	145	144	132	+0.6%	+10.0%
Other assets	2,895	2,081	1,686	+39.1%	+71.8%
Total assets	35,170	34,551	33,220	+1.8%	+5.9%

Questions

What was Roper Technologies' revenue in Q2 FY2026?

Roper Technologies (ROP) reported revenue of $2.1 billion for Q2 FY2026, the quarter ended 30 June 2026, up 8.5% on the same quarter a year earlier.

How much did Roper Technologies earn in Q2 FY2026?

Net income for Q2 FY2026 was $1.2 billion, up 208.9% on the year, and diluted earnings per share $11.62.

When did Roper Technologies report Q2 FY2026 results?

Roper Technologies filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 31 July 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 †	Q1 FY2022 †	Q2 FY2022	Q3 FY2022	Q4 FY2022 †	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,257	1,280	1,311	1,350	1,431	1,470	1,531	1,563	1,614	1,681	1,717	1,765	1,877	1,883	1,944	2,018	2,059	2,095	2,109	2,172
Cost of revenue	305	383	399	408	429	451	464	467	488	500	524	543	595	589	598	614	629	642	639	649
Gross profit	880	897	912	942	1,002	1,019	1,067	1,096	1,125	1,181	1,193	1,222	1,282	1,294	1,345	1,403	1,430	1,454	1,470	1,523
Gross margin	70%	70%	70%	70%	70%	69%	70%	70%	70%	70%	70%	69%	68%	69%	69%	70%	69%	69%	70%	70%
SG&A	536	541	549	549	590	618	632	650	662	700	699	725	758	768	797	830	842	884	886	899
Operating income	260	356	363	393	412	401	435	446	463	481	494	497	525	526	548	573	588	570	585	623
Operating margin	21%	28%	28%	29%	29%	27%	28%	29%	29%	29%	29%	28%	28%	28%	28%	28%	29%	27%	28%	29%
Interest expense	55.8	52.6	44.7	41.3	53.8	37.4	34.8	42.4	50.1	53.2	67.5	67.7	70.8	62.9	79.1	89.7	93.3	99.3	111	107
Pre-tax income	330	301	317	356	308	360	464	443	477	484	425	467	591	418	485	498	535	635	1,308	572
Tax rate	16%	22%	29%	22%	20%	21%	22%	22%	21%	21%	21%	21%	22%	21%	22%	20%	20%	20%	11%	15%
Net income	288	2,020	269	327	1,928	283	365	347	389	382	337	368	462	331	378	398	428	509	1,168	485
Net margin	23%	158%	21%	24%	135%	19%	24%	22%	24%	23%	20%	21%	25%	18%	19%	20%	21%	24%	55%	22%
Diluted EPS	$2.70	$18.94	$2.52	$3.06	$18.06	$2.65	$3.40	$3.23	$3.61	$3.54	$3.12	$3.40	$4.28	$3.06	$3.49	$3.68	$3.97	$4.87	$11.62	$4.88
Operating cash flow	580	475	-64.2	252	71.7	464	320	630	622	532	384	755	722	529	404	870	738	592	470	821
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	500	1,500	1,227	0.0
Dividends paid	59.5	65.3	65.4	65.5	66.1	72.3	72.5	72.7	72.7	80.5	80.1	80.5	80.8	88.6	88.6	88.8	89.0	97.4	94.0	90.0
Shares outstanding	106m	106m	106m	106m	106m	107m	107m	107m	107m	107m	107m	107m	107m	108m	108m	108m	107m	102m	99m	99m
Filing	10-K	10-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 31 July 2026: the filing.