Roper Q2 2026: revenue up 9.0%, adjusted EPS up 10.0%, guidance raised
Roper grew revenue 9.0% to $2.11 billion and adjusted diluted EPS 10.0% to $5.38, then raised full-year adjusted EPS guidance to $22.15–$22.30. The GAAP figure of $11.62 per share is not a measure of the business — it is inflated by an $835.2 million non-cash gain on the Indicor stake. Judge this quarter on 5.0% organic growth, $447 million of adjusted free cash flow and a shrinking share count.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS jumped 233.0% to $11.62, but $7.86 of it came from marking up the minority stake in Indicor, a non-cash accounting gain. Adjusted EPS, which strips that out along with intangible amortization, rose 10.0% to $5.38 — just above the $5.337 consensus estimate. Operating income did the real work: $584.7 million versus $548.3 million a year ago.
Revenue rose to $2.11 billion from $1.94 billion, a 9.0% increase. Only 5.0% of that came from existing businesses, with acquisitions adding 3.0% and currency contributing nothing. Gross margin improved to 69.7% from 69.2%, so growth did not come from discounting.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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