Roper Technologies, Inc. stock research
FY2026 Q1
Roper Technologies (ROP) Gross Margin — Quarter Ended Mar 31, 2026
Revenue was stable compared to the prior quarter, while gross profit increased and cost of revenue rose slightly, resulting in a gross margin that was nearly unchanged. Compared to the same quarter last year, revenue, gross profit, and cost of revenue were all higher, and gross margin improved.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue was stable compared to the prior quarter, while gross profit increased and cost of revenue rose slightly, resulting in a gross margin that was nearly unchanged. Compared to the same quarter last year, revenue, gross profit, and cost of revenue were all higher, and gross margin improved.
- Gross profit grew faster than cost of revenue relative to the year-ago quarter, which supported the gross margin improvement. The sequential quarter comparison shows gross margin was essentially stable, with revenue flat and cost of revenue increasing slightly.
- Compared to the prior quarter, gross margin was slightly lower, while revenue was flat and cost of revenue was higher. Compared to the same quarter last year, gross margin was higher, with revenue, gross profit, and cost of revenue all higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
69.4%
Gross profit
$1.5B
Revenue
$2.1B
Cost of revenue
$641.5M
Quarter-over-quarter change
-0.1 pts
Year-over-year change
+0.7 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $1.9B | $1.3B | $598.2M | 69.2% |
| Sep 30, 2025 | $2.0B | $1.4B | $614.5M | 69.5% |
| Dec 31, 2025 | $2.1B | $1.4B | $628.7M | 69.5% |
| Mar 31, 2026 | $2.1B | $1.5B | $641.5M | 69.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-0.1 pts
Year-over-year change
Mar 31, 2025
+0.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit grew faster than cost of revenue relative to the year-ago quarter, which supported the gross margin improvement. The sequential quarter comparison shows gross margin was essentially stable, with revenue flat and cost of revenue increasing slightly.
Compared to the prior quarter, gross margin was slightly lower, while revenue was flat and cost of revenue was higher. Compared to the same quarter last year, gross margin was higher, with revenue, gross profit, and cost of revenue all higher.
Monitor the trend in cost of revenue relative to revenue, as it increased sequentially while revenue was flat.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Roper Technologies, Inc. (ROP) | 69.4% |