Form 10-Q · Quarterly report
Roper Technologies 10-Q, filed Nov 2, 2026
- Filed
- CIK
- 0000882835
- Accession no.
- 0000882835-26-000047
Summary
Roper Technologies reported third-quarter 2026 net revenues of $2.17 billion, up 7.6% from $2.02 billion a year earlier, with organic revenue growth of 6.7% and net earnings at 22.3% of revenues. The company recorded a $56.2 million equity investment gain tied to updated valuation assumptions ahead of Indicor's planned divestiture of its flow controls businesses, and its income tax rate fell to 15.3% partly on a net tax benefit from a change in its outside basis in Indicor.
Key points
- Total backlog rose 9.4% to $3.47 billion at September 30, 2026 from $3.17 billion a year earlier, driven by organic growth and acquisitions in the software segments.
- Application Software revenue grew 6.8% to $1.24 billion in the quarter, Network Software grew 7.9% to $446.1 million, and Technology Enabled Products grew 9.7% to $486.0 million.
- Nine-month revenues were $6.38 billion, up 9.1% from $5.84 billion, with organic growth of 5.8%.
- Interest expense, net, rose to $106.7 million from $89.7 million on a higher average revolving credit facility balance and a higher weighted-average rate on senior notes.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview Roper is a diversified technology company. Roper has a proven, long-term, successful track record of compounding cash flow and increasing shareholder value. We operate market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. We pursue consistent and sustainable growth in revenue, earnings, and cash flow by enabling continuous improvement in the operating performance of our businesses and by acquiring other businesses that offer high value-added software, services, technology-enabled products, and solutions that we believe are capable of realizing growth while…
An excerpt of the text as filed with the SEC, cut for length.
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