Roper Q3 revenue rises after acquisitions

Overview

• US vertical software provider's Q3 revenue rose 8%, meeting analyst expectations

• Adjusted DEPS for Q3 grew 15% and beat analyst expectations

• Company completed three bolt-on acquisitions and raised full-year adjusted DEPS guidance

Outlook

• Roper raises 2026 adjusted DEPS guidance to $22.35-$22.40 from $22.15-$22.30

• Company expects Q4 2026 adjusted DEPS of $5.95-$6.00

Result Drivers

• ORGANIC GROWTH - Co said 7% organic revenue growth was main driver of Q3 results

• ACQUISITIONS - Three bolt-on acquisitions contributed to revenue growth

• AI LAUNCHES - Several AI product launches, including PowerPlan, Strata, and Vertafore, supported innovation and customer adoption

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy"

• Wall Street's median 12-month price target for Roper Technologies, Inc. is $424.00, about 6.7% above its October 21 closing price of $397.56

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads

• Oct 21 - Software provider SAP Q3 revenue rises on cloud business growth

• Oct 21 - Germany's SAP hits €10 billion quarterly revenue milestone, lifts 2026 view

• Oct 21 - IBM raises lower end of annual software revenue growth forecast after Q3 beat

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)