Roper Technologies, Inc. · NASDAQ:ROP
Roper Technologies — Q3 2026 Earnings Presentation
24 slides from Roper Technologies's earnings presentation, Oct 22, 2026
Slide 1: Q3 2026 Financial results
Q3 2026 Financial results October 22, 2026
Slide 2: Safe harbor statement
Safe harbor statement The information provided in this presentation contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans,
Slide 3: Reg. G Disclosure
Reg. G Disclosure Today’s conference call will discuss results primarily on an adjusted (non-GAAP) basis. Q3 results adjusted for the following items: 1. Amortization of acquisition-related intangible assets 2. Transaction-related expenses associated with completed acquisitions 3. Financial impacts
Slide 4: Agenda
Agenda Q3 enterprise highlights & financial results Segment detail & outlook Q4 & FY 2026 enterprise guidance Q&A 4
Slide 5: Q3 overview
Solid results +8% revenue, +7% organic, +7% EBITDA, +15% DEPS AI momentum continues Q3 overview Businesses launched several new agentic solutions Disciplined capital allocation Deployed $436M toward bolt-on acquisitions for iPipeline, Procare & Strata Indicor announced agreement to sell Cornell Pump
Slide 6: Q3 2026 financial highlights
Q3 2026 financial highlights Solid third quarter results Q3’25 Q3’26 Total revenue +8%; organic revenue +7%; M&A contribution +1% Free cash flow $842 $805 EBITDA +7%; EBITDA margin 39.8%; core EBITDA margin (30) bps Diluted shares 108.4 99.4 (weighted average) DEPS +15% to $5.89 Free cash flow (4)%
Slide 7: Strong financial position
Exited Q3’26 at 2.9x net debt-to-EBITDA $311M of cash; $1.3B drawn on $3.5B revolver Strong financial Indicor announced agreement to sell position Cornell Pump & Roper Pump businesses ~$600M expected gross proceeds $6B+ annual capacity for capital deployment Well positioned for capital deployment Re
Slide 8: Segment detail & outlook
Segment detail & outlook
Slide 9: Application Software
Application Software Q3 highlights Revenue Revenue +7%; organic revenue +6%; M&A revenue contribution +1% Another great Aderant quarter; expanded AI agent platform (rates, compliance & GL forecasting) Continued Vertafore ARR growth; launched six additional AI agents & value-based credit model $803 $
Slide 10: Network Software
Network Software Q3 highlights Revenue Revenue +8%; organic revenue +5%; M&A revenue contribution +3% DAT growth with signals of improving freight market; network & ARPU expansion plus continued adoption of digital freight marketplace solutions SoftWriters growth with expanding adoption of AI $364 $
Slide 11: Technology Enabled Products
Technology Enabled Products Q3 highlights Revenue Revenue +10%; organic revenue +10% Another great quarter for NDI; exceptional growth driven by continued demand for precision measurement solutions Strong Verathon quarter across BFlex, GlideScope & $396 $413 $443 $486 BladderScan product families; p
Slide 12: 2026 enterprise guidance
2026 enterprise guidance
Slide 13: Increasing FY 2026 guidance
Increasing FY 2026 guidance Total revenue: 8%+ Organic: ~6% Adjusted DEPS: $22.35 - $22.40 Guidance Previously $22.15 - $22.30 update Establishing Q4 2026 guidance Adjusted DEPS: $5.95 - $6.00 Guidance presented on an adjusted (non-GAAP) basis; excludes impact of unannounced future acquisitions or d
Slide 14: Summary
Solid results +8% revenue, +7% organic, +7% EBITDA, +15% DEPS AI momentum continues Summary Businesses launched several new agentic solutions Simple ideas. Powerful results. Disciplined capital allocation Deployed $436M toward bolt-on acquisitions for iPipeline, Procare & Strata Indicor announced ag
Slide 15: Market-leading businesses in defensible niches
Market-leading businesses in defensible niches Decentralized Process-driven operating capital deployment environment 15
Slide 16: Appendix
Appendix
Slide 17: Q3 income statement metrics
Q3 income statement metrics Q3’25 Q3’26 Revenue $2,017 $2,172 +8%; +7% organic; +1% M&A contribution Gross profit $1,403 $1,523 Gross margin 69.5% 70.1% Core +70 bps EBITDA $810 $864 +7% EBITDA margin 40.2% 39.8% Core (30) bps Interest expense $90 $107 Tax rate 20.3% 20.1% Net earnings $557 $586 +5%
Slide 18: Roper's revenue composition
Roper’s revenue composition Disaggregated revenue reconciliation ($M) Technology Enabled Application Software Network Software Products Roper Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Software related Recurring $ 851 $ 917 $ 295 $ 324 $ 13 $ 15 $ 1,159 $ 1,257 Reoccurring 144 149 82 88 - - 226
Slide 19: Reconciliations I
Reconciliations I Adjusted EBITDA reconciliation ($M) Q3 2023 Q3 2024 Q3 2025 Q3 2026 V% to '25 3-Year CAGR TTM 2026 GAAP revenue $ 1,563 $ 1,765 $ 2,017 $ 2,172 8% 12% $ 8,435 GAAP net earnings $ 346 $ 368 $ 398 $ 485 $ 2,591 Taxes 97 99 100 87 459 Interest expense 42 68 90 107 411 Depreciation 9 9
Slide 20: Reconciliations II
Reconciliations II Revenue growth reconciliation Technology Q3 2026 Application Network Enabled Software Software Products Roper Organic 6% 5% 10% 7% Acquisitions/divestitures 1% 3% - 1% Foreign exchange - - - - Total revenue growth 7% 8% 10% 8% Segment reconciliation ($M) Application Software Netwo
Slide 21: Reconciliations III
Reconciliations III Adjusted EBITDA margin reconciliation Application Network Software Software Roper Q3'25 adjusted EBITDA margin 43.4% 53.7% 40.2% Core margin impact +30 bps (10 bps) (30 bps) Margin impact associated with businesses owned for less than 4 full quarters - (120 bps) (10 bps) Q3'26 ad
Slide 22: Reconciliations IV
Reconciliations IV Adjusted net earnings reconciliation ($M) Q3 2025 Q3 2026 V% GAAP net earnings $ 398 $ 485 22% Transaction-related expenses for completed acquisitions 3 5 Financial impacts associated with minority investments (10) (71) A B Amortization of acquisition-related intangible assets 165
Slide 23: Footnotes
Footnotes A. Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any future impacts associated with our minority investment in Indicor, as these future impacts cannot be reasonab
Slide 24: Roper Technologies
Roper TECHNOLOGIES