Roper Technologies — Apr 23, 2026 release

First quarter 2026 highlights • Revenue increased 11% to $2.10 billion; organic revenue was +6% and acquisition contribution was +5% • GAAP net earnings increased 54% to $509 million; adjusted net earnings increased 4% to $539 million • Adjusted EBITDA increased 8% to $797 million • Operating cash flow increased 12% to $592 million; free cash flow increased 11% to $562 million • Repurchased 4.3 million shares for $1.5 billion in Q1 (program to date: 6.0 million shares for $2.2 billion) • GAAP DEPS increased 59% to $4.87; adjusted DEPS increased 8% to $5.16 "First quarter results were strong across the board, with 6% organic revenue growth, 11% total revenue growth, and 11% free cash flow growth," said Neil Hunn, Roper Technologies' President and CEO. "On capital deployment, we have repurchased six million shares over the past six months, representing almost 6% of shares outstanding. Also, our Board has authorized an additional $3 billion of share repurchases, bringing remaining capacity to $3.8 billion." "During the quarter, our businesses continued shipping AI products, fueled by Roper's expanded AI capacity and accelerated speed of execution. Early market response validates what we have long believed: vertical market leaders with proprietary data and deep workflow density are best positioned to deliver AI solutions that customers actually value and utilize." "We are raising our full year DEPS outlook on the strength of Q1, share repurchases to date, and resilient demand for our businesses' mission-critical solutions. With more than $5 billion of deployable capacity against attractive acquisitions and opportunistic buybacks, Roper is well positioned to compound long-term free cash flow per share for our shareholders," concluded Mr. Hunn. Increasing 2026 guidance Roper now expects full year 2026 adjusted DEPS of $21.80 - $22.05, compared to previous guidance of $21.30 - $21.55. For the second quarter of 2026, the Company expects adjusted DEPS of $5.25 - $5.30. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures, as well as potential share repurchases. 1 Conference call to