Roper beats Q1 revenue estimates, raises FY adj. DEPS outlook

Roper Technologies

23/04/2026 12:05

Overview

US vertical software and tech products provider's Q1 revenue grew 11%, beating analyst expectations

Adjusted DEPS for Q1 rose 8%, beating analyst expectations

Company repurchased 4.3 mln shares for $1.5 bln in Q1

Outlook

Roper raises full-year 2026 adjusted DEPS outlook to $21.80-$22.05 from $21.30-$21.55

Company expects Q2 2026 adjusted DEPS of $5.25-$5.30

Roper says guidance excludes impacts from unannounced acquisitions, divestitures, and share repurchases

Result Drivers

ORGANIC AND ACQUISITION GROWTH - Co said 6% organic revenue growth and 5% growth from acquisitions drove total revenue higher

AI PRODUCT SHIPMENTS - Co said businesses continued shipping AI products, supported by expanded AI capacity and faster execution, per CEO Neil Hunn

SHARE REPURCHASES - Co said share repurchases contributed to per-share earnings growth

Company press release: ID:nGNX426h7B

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$2.10 bln
$2.07 bln (15 Analysts)
Q1 Adjusted DEPS
Beat
$5.16
$4.98 (16 Analysts)
Q1 DEPS
$4.87


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Roper Technologies Inc is $450.00, about 23.4% above its April 22 closing price of $364.73

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)