01—Abstract
Summary
Summary of the 8-K filed October 22, 2026. Cited figures are marked; the original filing is the authoritative source.
Roper Technologies, Inc. filed this Form 8-K on October 22, 2026 to furnish Exhibit 99.1, a press release announcing results for the quarter ended September 30, 2026.
Third-quarter net revenues rose 8% to $2.17 billiona, with organic revenue growth of 7% and acquisitions contributing 1%. GAAP net earnings increased 22% to $485 million, while adjusted net earnings rose 5% to $586 million. Adjusted EBITDA increased 7% to $864 million, and GAAP diluted EPS increased 33% to $4.88 while adjusted DEPS increased 15% to $5.89.
The company deployed $436 millionb toward three bolt-on acquisitions (iPipeline, Procare and Strata) during the quarter and received $1.2 billion in proceeds from Indicor's sale of its instrumentation businesses. Management raised full-year 2026 adjusted DEPS guidance to $22.35 to $22.40, up from $22.15 to $22.30, and guided fourth-quarter adjusted DEPS to $5.95 to $6.00. The guidance excludes unannounced acquisitions or divestitures, proceeds from Indicor's pending divestiture of its Cornell Pump and Roper Pump businesses, and potential share repurchases.
The CEO stated the company has more than $6 billionc of capital deployment capacity. Nine-month GAAP net earnings of $2.16 billion were inflated by a $1.06 billion equity investment gain tied to Indicor, which the company excludes from adjusted results. Balance sheet activity was significant over the first nine months: the company repurchased $2.73 billion of common stock, and treasury stock rose to $3.25 billion from $516 million at year-end 2025.
Current portion of long-term debt increased to $1.42 billiond from $705 million, and total stockholders' equity declined to $19.17 billion from $19.88 billion. Cash provided by operating activities was $1.88 billion for the nine months.
02—Key points
Key Highlights
- Q3 2026 net revenues of $2.17 billion, up 8% (7% organic, 1% acquisitions, no foreign exchange impact)
- GAAP diluted EPS of $4.88, up 33%; adjusted DEPS of $5.89, up 15%
- Adjusted EBITDA of $864 million, up 7%; adjusted EBITDA margin of 39.8% versus 40.2% a year earlier
- Full-year 2026 adjusted DEPS guidance raised to $22.35–$22.40 from $22.15–$22.30; Q4 guidance of $5.95–$6.00
- Received $1.2 billion of proceeds from Indicor's sale of its instrumentation businesses; $1.06 billion equity investment gain recognized year-to-date
- Deployed $436 million on three bolt-on acquisitions (iPipeline, Procare, Strata) in the quarter; management cites more than $6 billion of capital deployment capacity
- Nine-month share repurchases of $2.73 billion, with treasury stock rising to $3.25 billion
03—Questions
Frequently Asked Questions
How did Roper perform in the third quarter of 2026?
Net revenues rose 8% to $2.17 billion, with 7% organic growth and 1% from acquisitions. GAAP net earnings increased 22% to $485 million, and adjusted net earnings rose 5% to $586 million. Adjusted EBITDA grew 7% to $864 million.
Why did Roper raise its full-year guidance?
Management said third-quarter adjusted DEPS exceeded its expectations. Full-year 2026 adjusted DEPS guidance was raised to $22.35–$22.40 from $22.15–$22.30.
What is the impact of the Indicor investment on reported results?
Roper recorded an equity investment gain of $56 million in Q3 2026 and $1.06 billion year-to-date. The company excludes these minority-investment impacts from its adjusted results, and future impacts are excluded from forecasts as well.
What does the guidance exclude?
Guidance excludes unannounced future acquisitions or divestitures, proceeds from Indicor's pending divestiture of its Cornell Pump and Roper Pump businesses, and potential share repurchases.
How is Roper deploying capital?
In the nine months ended September 30, 2026, the company spent $463 million on business acquisitions and repurchased $2.73 billion of common stock, while paying $281 million in dividends. Management states it has more than $6 billion of capital deployment capacity.
04—Continue