ROP FY2026 Q2 IMPROVING

Отчётный звонок Roper Technologies, Inc.

Jul 23, 2026 · 04:00 ET Jason ConleyNeil HunnZack Moxcey

Вывод Buzzberg

Raising full-year adjusted DEPS guidance to $22.15-$22.30

Roper reported solid Q2 results, beating EPS and revenue expectations, and raised full-year guidance for the second time. AI product momentum is accelerating with multiple agentic SKU launches across the portfolio, though customer adoption is still early. The company expects M&A activity to improve later this year and has over $5B of capacity for deployment. Q2 revenue $2.1B (+9% total, +5% organic), EPS $5.38 above guidance range.

Вывод Buzzberg Raising full-year adjusted DEPS guidance to $22.15-$22.30 Roper reported solid Q2 results, beating EPS and revenue expectations, and raised full-year guidance for the second time. AI product momentum is accelerating with multiple agentic SKU launches across the portfolio, though customer adoption is still early. The company expects M&A activity to improve later this year and has over $5B of capacity for deployment. Q2 revenue $2.1B (+9% total, +5% organic), EPS $5.38 above guidance range. Читать полный анализСвернуть анализ

Full-year adjusted EPS raised to $22.15-$22.30; Q3 guided to $5.75-$5.80.
AI product cadence accelerated: six agentic SKUs at VertiFOR, new agents at Adderant, DAT, ProCare, and others.
Deltek showed stabilization but no GovCon trend call yet; DAT freight market improving; Neptune ahead of plan.

Revenue $2.1089B +1% QoQ

EPS $5.38 +4% QoQ

Gross margin 69.71% reported

Op margin 27.73% reported

Что изменилось в этом квартале

Guidance

Raising full-year adjusted DEPS guidance to $22.15-$22.30

Guidance tone

Capital return

Repurchased over 8% of shares in eight months

Q2 revenue $2.1B (+9% total, +5% organic), EPS $5.38 above guidance range.

AI adoption pace still developing

Management stated AI momentum continues to build at an accelerating pace, with numerous agentic product releases across the portfolio, and that demand is strong but adoption pace is still developing as customers change workflows.

Other

Expect M&A activity to break loose later this year

AI product cadence accelerated: six agentic SKUs at VertiFOR, new agents at Adderant, DAT, ProCare, and others.

AI, капзатраты и спрос

Платформа и монетизация

Спрос

Заказы и конверсия

Not ready to call a turn in GovCon market. Management expressed confidence in solid results, raised guidance, and highlighted accelerating AI momentum, though cautious on Deltek and AI adoption pace, leading to an upbeat but measured tone.

Тон · upbeat

Management expressed confidence in solid results, raised guidance, and highlighted accelerating AI momentum, though cautious on Deltek and AI adoption pace, leading to an upbeat but measured tone.

Прогноз компании

ImprovingGuidance tone · was IN LINE last Q

Прогноз компании
Показатель	Период	Диапазон	Середина	Статус
EPS	FY2026	$22.15–$22.30	$22.23	RAISED
EPS	FY2026 Q3	$5.75–$5.80	$5.78	INITIATED

Надёжность прогнозов

4 / 4выполнено или превышено

Надёжность прогнозов
Дата прогноза	Показатель	Целевой период	Прогноз	Факт	Результат
FY2026 Q1	EPS	FY2026 Q2	$5.25–$5.30	$5.38	Met / beat
FY2025 Q4	EPS	FY2026 Q1	$4.95–$5.00	$5.16	Met / beat
FY2025 Q3	EPS	FY2025	$19.90–$19.95	$20.00	Met / beat
FY2025 Q3	EPS	FY2025 Q4	$5.11–$5.16	$5.21	Met / beat

Сигналы по компаниям

AME

+8.1%

с момента звонка

$237.59→$256.75

Партнёры

Ametek is acquiring the instrumentation businesses of Indicor, in which Roper holds a minority stake; the ~$1.4B gross proceeds will strengthen Roper's balance sheet for future M&A.

“Indicor announced an agreement to sell its instrumentation businesses to Ametek which is expected to close in the second half of this year.”

Jason Conley