Roper raises annual earnings target after organic growth improves

Roper Technologies ($ROP) reported third-quarter 2026 revenue of $2.17 billion, up 8%, with organic growth of 7%. GAAP net earnings rose 22% to $485 million, while adjusted earnings increased 15% to $5.89 per share. Adjusted EBITDA reached $864 million, an increase of 7%, as the software and technology group expanded its recurring business base.

Management raised its full-year 2026 adjusted earnings forecast to $22.35–$22.40 per share from $22.15–$22.30. During the quarter, Roper deployed $436 million on three additions to existing software businesses and received $1.2 billion from the disposal of Indicor’s instrumentation operations. The combination of operating growth and disposal proceeds supports further capital deployment, although the revised earnings target remains a forecast and adjusted figures exclude specified accounting items.

Sources:

• GlobeNewswire