Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Roper Technologies Inc., consolidated income statement

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net revenues	5,371,800)	5,777,800)	5,527,100)	5,366,800)	5,191,200)
Cost of sales	(1,619,000)	(1,860,400)	(1,984,100)	(1,939,700)	(1,911,700)
Gross profit	3,752,800)	3,917,400)	3,543,000)	3,427,100)	3,279,500)
Selling, general and administrative expenses	(2,228,300)	(2,337,700)	(2,111,900)	(1,928,700)	(1,883,100)
Impairment of intangible assets	—)	(99,500)	—)	—)	—)
Income from operations	1,524,500)	1,480,200)	1,431,100)	1,498,400)	1,396,400)
Interest expense, net	(192,400)	(234,100)	(218,900)	(186,600)	(182,100)
Loss on extinguishment of debt	—)	—)	—)	—)	(15,900)
Other income (expense), net	(50,100)	24,900)	(2,900)	(5,100)	—)
Gain on disposal of businesses	—)	—)	—)	920,700)	—)
Earnings before income taxes	1,282,000)	1,271,000)	1,209,300)	2,227,400)	1,198,400)
Income taxes	(296,400)	(288,400)	(259,600)	(459,500)	(254,000)
Net earnings from continuing operations	985,600)	982,600)	949,700)	1,767,900)	944,400)
Earnings from discontinued operations, net of tax	202,800)	114,100)	—)	—)	—)
Gain on disposition of discontinued operations, net of tax	3,356,300)	55,900)	—)	—)	—)
Net earnings from discontinued operations	3,559,100)	170,000)	—)	—)	—)
Net earnings	4,544,700)	1,152,600)	949,700)	1,767,900)	944,400)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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Income statement item	Description	The company
Net revenues	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Roper Technologies Inc. net revenues increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Income from operations	The net result for the period of deducting operating expenses from operating revenues.	Roper Technologies Inc. income from operations increased from 2020 to 2021 and from 2021 to 2022.
Earnings before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Roper Technologies Inc. earnings before income taxes increased from 2020 to 2021 and from 2021 to 2022.
Net earnings	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Roper Technologies Inc. net earnings increased from 2020 to 2021 and from 2021 to 2022.

Roper Technologies Inc. (NASDAQ:ROP)

Income Statement