Roper Technologies (ROP) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter. The growth rate was lower than the prior quarter but higher than the same quarter last year.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter. The growth rate was lower than the prior quarter but higher than the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
+14.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $1.5B | +16.8% |
| Sep 30, 2023 | $1.6B | +15.8% |
| Dec 31, 2023 | $1.6B | +12.8% |
| Mar 31, 2024 | $1.7B | +14.4% |
Revenue performance
Reported revenue rose compared to the immediately preceding quarter. The year-over-year comparison also showed an increase.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter one year earlier. The sequential gain was smaller than the year-over-year gain.
What to watch
The sequential revenue growth rate decelerated from the prior quarter's pace.