financetom
Business
financetom
/
Business
/
Roper Technologies raises annual forecasts on strong software demand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Roper Technologies raises annual forecasts on strong software demand
Jul 21, 2025 4:59 AM

July 21 (Reuters) - Roper Technologies ( ROP ) raised

its forecasts for annual revenue and adjusted profit on Monday,

betting on resilient enterprise spending on its vast portfolio

of software products amid macroeconomic uncertainty.

With businesses grappling with a shifting trade landscape

following President Donald Trump's tariffs, spending on Roper's

products has stayed strong as the company provides critical

software infrastructure across a diverse range of industries.

Roper, which caters to sectors including education,

healthcare, insurance and construction, among others, has also

been aggressively pursuing acquisitions to grow its product

portfolio inorganically amid a volatile long-term outlook.

The company said it had signed a deal last week to acquire

AI-based software firm Subsplash, which serves faith-based

organizations, for $800 million.

"With significant M&A capacity and our proven acquisition

model, we remain well-positioned to execute our disciplined

capital deployment strategy against a large pipeline of

attractive opportunities," Roper CEO Neil Hunn said.

The company expects its 2025 revenue growth to be around

13%, up from its previous expectation of around 12%.

Roper also lifted its annual adjusted profit forecast to

a range of $19.90 to $20.05 per share, compared with its prior

view of $19.80 to $20.05.

The company reported revenue of $1.94 billion for the

second quarter, beating analysts' average estimate of $1.93

billion, according to data compiled by LSEG.

Its quarterly net income came in at $3.49 per share,

compared with profit of $3.12 per share a year ago.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved