(RTTNews) - Roper Technologies, Inc. (ROP), on Tuesday, reported lower fourth-quarter net income despite higher revenue and issued an outlook for the first quarter of 2026 and the full year 2026.
For the fourth quarter, net income declined to $428.4 million from $462.3 million in the previous year.
Earnings per share were $3.97 versus $4.28 last year.
Adjusted net income increased to $561 million from $520 million in the previous year.
Adjusted earnings per share were $5.21 versus $4.81 last year.
EBITDA increased to $873 million from $858 million in the previous year.
Adjusted EBITDA jumped to $744 million from $818 million in the same period last year.
Income from operations increased to $588.3 million from $524.7 million in the previous year.
Net revenue increased to $2.06 billion from $1.88 billion in the prior year.
Looking ahead, the company epxcted full year 2026 adjusted earnings per share to range between $21.30 and $21.55.
The revenue growth is anticipated for the full year 2026 to be approximately 8%.
For the first quarter, the company's adjusted earnings per share are expected to be between $4.95 and $5.
In the pre-market trading, Roper Technologies is 2.12% lesser at $400 on the Nasdaq.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
