ROP · 10-Q · 2026Q3
ROPER TECHNOLOGIES INC
Filed 2026-11-02 · Industrials · View original filing on EDGAR
USD 2,171.8MTotal Revenue
USD 34,338.3MTotal Assets
11Topics
67Top Importance
Everything ROP's SEC filings said, ranked
Ranked Events
- Acquisitions and DivestituresImportance 67 · Surprise 60Roper closed the Indicor Instrumentation transaction on August 26, 2026, receiving $1,239.2 of pre-tax cash proceeds and expecting approximately $33 upon escrow release. Roper expects to pay approximately $150 of cash…
- Liquidity and Debt PositionImportance 63 · Surprise 32At September 30, 2026, total debt net of deferred financing costs was $9,719.7, cash and cash equivalents were $311.0, and net debt was $9,408.7, compared with net debt of $9,003.6 at December 31, 2025. Net debt to…
- Income Tax Rate ChangesImportance 54 · Surprise 74The effective tax rate declined to 15.3% in the third quarter of 2026 from 20.0% a year earlier, primarily because of a net tax benefit from a change in Roper’s outside basis in Indicor related to the Indicor…
- Share Repurchase ProgramImportance 53 · Surprise 42Roper’s board approved an additional $3,000.0 of share-repurchase authorization in April 2026. During the first nine months of 2026, the company repurchased 7.865 million shares for $2,724.1 at an average price of…
- Interest Expense IncreaseImportance 51 · Surprise 56Net interest expense increased 19.0% to $106.7 in the third quarter of 2026 from $89.7 in the third quarter of 2025. For the nine months ended September 30, 2026, net interest expense increased to $317.4 from $231.7, a…
- Revenue Performance and MixImportance 51 · Surprise 32Third-quarter 2026 net revenues increased 7.6% year over year to $2,171.8, with organic growth of 6.7% and acquisition contribution of 1.0%. Application Software revenue rose 6.8% to $1,239.7, Network Software rose…
- Operating Expense TrendsImportance 35 · Surprise 40Network Software SG&A increased to 42.2% of segment revenue in the third quarter of 2026 from 40.8% a year earlier, primarily reflecting acquired-business expense profiles and higher acquired-intangible amortization.…
- Gross Margin DriversImportance 25 · Surprise 32Third-quarter consolidated gross margin increased to 70.1% from 69.5% a year earlier, while nine-month gross margin increased to 69.7% from 69.2%. Application Software’s third-quarter margin rose to 69.8% from 69.0%…
- End-Market Demand TrendsImportance 10 · Surprise 6Application Software organic growth was broad-based, led by businesses serving project-based private-sector, higher-education, legal, and applied-behavior-analysis therapy markets; nine-month growth also included…
- Interest Rate EnvironmentImportance null · Surprise 56Net interest expense increased to $317.4 million for the nine months ended September 30, 2026, from $231.7 million in the prior-year period, primarily due to higher average debt balances and a higher weighted-average…
- Order Backlog and Book-to-BillImportance null · Surprise 32Backlog, defined as remaining performance obligations expected to be recognized as revenue within the next 12 months, increased 9.4% year over year to $3,471.6 at September 30, 2026. The increase was primarily…
Revenue by Product (in millions)
| Nine months 2025 | Q3 2026 | Q3 2025 | Nine months 2026 | segment |
|---|---|---|---|---|
| NaN | 1,239.7 | 1,161 | NaN | Application Software |
| NaN | 446.1 | 413.4 | NaN | Network Software |
| NaN | 486 | 443.1 | NaN | Technology Enabled Products |
| 3,324.1 | NaN | NaN | 3,612 | Application Software |
| 1,174.7 | NaN | NaN | 1,304.6 | Network Software |
| 1,345.1 | NaN | NaN | 1,459.4 | Technology Enabled Products |
| NaN | 1,256.7 | 1,158.9 | NaN | Recurring revenue |
| NaN | 236.4 | 226.2 | NaN | Reoccurring revenue |
| NaN | 207.9 | 201.9 | NaN | Non-recurring revenue |
| NaN | 470.8 | 430.5 | NaN | Product Revenue |
| 3,309.8 | NaN | NaN | 3,677.6 | Recurring revenue |
| 615.2 | NaN | NaN | 662.5 | Reoccurring revenue |
| 607 | NaN | NaN | 619.6 | Non-recurring revenue |
| 1,311.9 | NaN | NaN | 1,416.3 | Product Revenue |