Filing Flows › Roper Technologies (ROP) › Q1 2026
Roper Technologies (ROP) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Roper Technologies (ROP) reported revenue of $2.1B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +2% from the quarter before. Operating margin was 27.2%, net earnings $509M (24.3% of revenue).
Roper Technologies, Q1 2026: revenue $2.1B (+11% year over year), operating margin 27.2%, net earnings $509M, operating cash flow $592M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +2% | +11% |
| Gross profit | $1.5B | +2% | +12% |
| Operating profit | $570M | -3% | +8% |
| Net earnings | $509M | +19% | +54% |
| Operating cash flow | $592M | -20% | +12% |
| Free cash flow | $578M | — | +11% |
What changed
Revenue was $2.1B in Q1 2026, up 11% year over year and up 2% from the previous quarter. Recurring was the largest line at 57% of revenue. Recurring added $0.15B year over year (up 14%), 71% of the total change.
Gross margin was 69.4%, up 0.7 points from Q1 2025. Operating profit was $0.57B, a 27.2% margin (down 0.7 points year over year). Of the extra revenue versus Q1 2025, 21% reached operating profit, below the 28% margin then. Operating expenses grew 15% against revenue growth of 11%. Net earnings were $0.51B, up 54% year over year. The effective tax rate was 19.9%.
Operating cash flow was $0.59B (up 12% year over year), 116% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.01B left free cash flow of $0.58B.
Questions
What was Roper Technologies' revenue in the first quarter 2026?
Roper Technologies (ROP) reported revenue of $2.1B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +2% from the quarter before.
Was Roper Technologies profitable in the first quarter 2026?
Operating profit was $570M (27.2% of revenue) and net earnings $509M.
Source: Roper Technologies 10-Q on SEC EDGAR.