Slide 1: Q1 2026 Financial results
Q1 2026 Financial results April 23, 2026
Slide 2: Safe harbor statement
Safe harbor statement The information provided in this presentation contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans,
Slide 3: Reg. G Disclosure
Reg. G Disclosure Today’s conference call will discuss results primarily on an adjusted (non-GAAP) and continuing operations basis. Q1 results adjusted for the following items: 1. Amortization of acquisition-related intangible assets 2. Financial impacts associated with minority investment See appen
Slide 4: Agenda
Agenda Q1 enterprise highlights & financial results Segment detail & outlook Q2 & FY 2026 enterprise guidance Q&A 4
Slide 5: Q1 overview
Strong start to 2026 +11% revenue, +6% organic, +11% free cash flow Accelerating AI innovation Q1 overview Expanded share repurchase program Repurchased 4.3M shares for $1.5B in Q1 (program to date: 6.0M shares for $2.2B) Board authorized additional $3.0B Increasing full year DEPS guidance Results a
Slide 6: Q1 2026 financial highlights
Q1 2026 financial highlights Strong first quarter results Q1’25 Q1’26 Total revenue +11%; organic revenue +6%; M&A contribution +5% Free cash flow $507 $562 EBITDA +8%; EBITDA margin 38.1%; core EBITDA margin (70) bps Diluted shares 108.2 104.6 (weighted average) DEPS +8% to $5.16 Free cash flow +11
Slide 7: Strong financial position
Exited Q1’26 at 3.1x net debt-to-EBITDA $383M of cash; $2.0B drawn on $3.5B revolver Strong financial New 5-year, $3.5B revolving credit facility position Repurchased 6.0M shares for $2.2B to date $5B+ annual capacity for Board authorized additional $3.0B capital deployment Well positioned for conti
Slide 8: Segment detail & outlook
Segment detail & outlook
Slide 9: Application Software
Application Software Q1 highlights Revenue Revenue +12%; organic revenue +5%; M&A revenue contribution +6% Record Aderant quarter; ongoing SaaS momentum & AI innovation (talent evaluation automation) Vertafore ARR growth across agency, MGA & carrier; AI-driven workflow automation solutions $761 $895
Slide 10: Network Software
Network Software Q1 highlights Revenue Revenue +14%; organic revenue +5%; M&A revenue contribution +8% DAT growth from ARPU expansion; continued adoption of digital freight marketplace solutions Strong ConstructConnect quarter; accelerating innovation & adoption of AI takeoff solution $355 $371 $376
Slide 11: Technology Enabled Products
Technology Enabled Products Q1 highlights Revenue Revenue +9%; organic revenue +7%; M&A revenue contribution +1% Record NDI quarter; exceptional growth fueled by ongoing demand for cardiac, neurology & orthopedic precision measurement solutions $354 $415 $439 $476 Neptune declined, less than expecte
Slide 12: 2026 enterprise guidance
2026 enterprise guidance
Slide 13: Increasing FY 2026 guidance
Increasing FY 2026 guidance Total revenue: ~8% (unchanged) Organic: +5 - 6% (unchanged) Guidance Adjusted DEPS: $21.80 - $22.05 update Previously $21.30 - $21.55 Establishing Q2 2026 guidance Adjusted DEPS: $5.25 - $5.30 Guidance presented on an adjusted (non-GAAP) and continuing operations basis; e
Slide 14: Summary
Strong start to 2026 +11% revenue, +6% organic, +11% free cash flow Accelerating AI innovation Summary Expanded share repurchase program Simple ideas. Repurchased 4.3M shares for $1.5B in Q1 (program to Powerful results. date: 6.0M shares for $2.2B) Board authorized additional $3.0B Increasing full
Slide 15: Market-leading businesses in defensible niches
Market-leading businesses in defensible niches Decentralized Process-driven operating capital deployment environment 15
Slide 16: Appendix
Appendix
Slide 17: Q1 income statement metrics
Q1 income statement metrics Q1’25 Q1’26 Revenue $1,883 $2,095 +11%; +6% organic; +5% M&A contribution Gross profit $1,294 $1,454 Gross margin 68.7% 69.4% Core +60 bps EBITDA $740 $797 +8% EBITDA margin 39.3% 38.1% Core (70) bps Interest expense $63 $99 Tax rate 21.4% 20.2% Net earnings $517 $539 +4%
Slide 18: Roper's revenue composition
Roper’s revenue composition Disaggregated revenue reconciliation ($M) (from continuing operations) Technology Enabled Application Software Network Software Products Roper Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Software related Recurring $ 769 $ 880 $ 275 $ 311 $ 9 $ 13 $ 1,054 $ 1,205 Reocc
Slide 19: Reconciliations I
Reconciliations I Adjusted EBITDA reconciliation ($M) (from continuing operations) Q1 2023 Q1 2024 Q1 2025 Q1 2026 V% to '25 3-Year CAGR TTM 2026 GAAP revenue $ 1,470 $ 1,681 $ 1,883 $ 2,095 11% 13% $ 8,115 GAAP net earnings $ 284 $ 382 $ 331 $ 509 $ 1,714 Taxes 76 102 87 126 439 Interest expense 37
Slide 20: Reconciliations II
Reconciliations II Revenue growth reconciliation (from continuing operations) Technology Q1 2026 Application Network Enabled Software Software Products Roper Organic 5% 5% 7% 6% Acquisitions/divestitures 6% 8% 1% 5% Foreign exchange 1% - 1% 1% Total revenue growth 12% 14% 9% 11% Segment reconciliati
Slide 21: Reconciliations III
Reconciliations III Adjusted EBITDA margin reconciliation (from continuing operations) Application Network Software Software Roper Q1'25 adjusted EBITDA margin 41.4% 55.3% 39.3% Core margin impact +50 bps (20 bps) (70 bps) Margin impact associated with businesses owned for less than 4 full quarters
Slide 22: Reconciliations IV
Reconciliations IV Adjusted net earnings reconciliation ($M) (from continuing operations) Q1 2025 Q1 2026 V% GAAP net earnings $ 331 $ 509 54% Transaction-related expenses for completed acquisitions 1 - Financial impacts associated with minority investments 32 (134) A B Amortization of acquisition-r
Slide 23: Footnotes
Footnotes A. Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any potential impacts associated with our minority investment in Indicor, as these potential impacts cannot be re
Slide 24: Roper Technologies
Roper TECHNOLOGIES