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Roper Technologies raises annual forecasts on strong software demand
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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.

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