Filing Flows › Roper Technologies (ROP) › Q2 2026 › vs Q2 2025
Roper Technologies (ROP) Q2 2026 vs Q2 2025 (year over year)
Roper Technologies's revenue rose $165M (+9%) from $1.9B in Q2 2025 to $2.1B in Q2 2026. The biggest changes: Total Software Revenue +$134M (+9%); Product Revenue +$31.2M (+7%). Gross margin 69.7% against 69.2% (+0.5 pts).
Roper Technologies, Q2 2026: revenue $2.1B (+8% year over year), operating margin 27.7%, net earnings $1.2B, operating cash flow $470M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 69.7% | 69.2% | +0.5 pts |
| Operating margin | 27.7% | 28.2% | -0.5 pts |
| Net margin | 55.4% | 19.5% | +35.9 pts |
| Free cash flow margin | 21.7% | 19.9% | +1.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Recurring | $1.2B | $1.1B | $119M | +11% |
| Non-recurring | $208M | $207M | $200K | +0.1% |
| Reoccurring | $202M | $187M | $14.8M | +8% |
| Total Software Revenue | $1.6B | $1.5B | $134M | +9% |
| Product Revenue | $483M | $452M | $31.2M | +7% |
| Revenue | $2.1B | $1.9B | $165M | +9% |
| Gross profit | $1.5B | $1.3B | $125M | +9% |
| Cost of revenue | $639M | $598M | $40.5M | +7% |
| Other income, net | $723M | −$63.0M | $786M | — |
| Operating profit | $585M | $548M | $36.4M | +7% |
| Operating expenses | $886M | $797M | $88.4M | +11% |
| Pre-tax earnings | $1.3B | $485M | $823M | +170% |
| Net earnings | $1.2B | $378M | $790M | +209% |
| Income tax | $140M | $107M | $32.5M | +30% |
| Depreciation & amortization | $231M | $224M | $6.9M | +3% |
| Share-based compensation | $55.6M | $43.9M | $11.7M | +27% |
| Working capital & other | $985M | $242M | $743M | +307% |
| Operating cash flow | $470M | $404M | $65.4M | +16% |
| Free cash flow (OCF − capex) | $458M | $388M | $70.9M | +18% |
| Capital expenditures | $11.0M | $16.5M | −$5.5M | -33% |
Questions
How much did Roper Technologies's revenue grow year over year in Q2 2026?
Roper Technologies's revenue rose $165M (+9%) from $1.9B in Q2 2025 to $2.1B in Q2 2026.
What drove Roper Technologies's revenue change in Q2 2026?
Total Software Revenue +$134M (+9%); Product Revenue +$31.2M (+7%).