Roper Technologies, Inc. (NASDAQ: ROP) reported fourth-quarter revenue of $2.06 billion, representing a 10% increase over the same period in the prior year. GAAP net earnings for the quarter ended December 31, 2025, were $428 million, compared to $462 million in the previous year.
Latest Quarterly Results
Consolidated revenue reached $2.06 billion with organic revenue growth of 4%. Acquisition contributions accounted for 5% of the total revenue increase. GAAP net profit decreased by 7% year-over-year to $428 million. Adjusted EBITDA for the quarter was $818 million, a 10% increase compared to the fourth quarter of 2024.
Segment Highlights
• Application Software: Revenue was $1.16 billion, a 10% increase from $1.06 billion in the prior year.
• Network Software: Revenue rose 14% to $426 million from $374 million.
• Technology Enabled Products: Revenue reached $474 million, representing a 6% increase from $447 million.
Full-Year Results Context
For the fiscal year 2025, Roper reported total revenue of $7.90 billion, a 12% increase from $7.04 billion in 2024. GAAP net earnings for the full year were $1.54 billion, showing a 1% contraction from $1.55 billion in the preceding year. Directional trends indicated growth in total revenue and adjusted net earnings, which rose 9% to $2.16 billion. Annual free cash flow increased 8% to $2.47 billion.
Business and Operations Update
The company reported advancements in its AI technical capabilities across its platforms during 2025. Operational updates included the advancement of innovation and commercialization strategies intended to capture AI-related opportunities. The company reported an exit net debt-to-EBITDA ratio of 2.9x at the end of the fourth quarter.
M&A and Strategic Moves
Roper deployed $3.3 billion toward acquisitions during the 2025 fiscal year. Announced transactions included the acquisition of vertical software businesses CentralReach and Subsplash. The company also executed several bolt-on acquisitions during the period. Additionally, Roper repurchased 1.12 million shares for $500 million at an average price of $445.90 per share.
Guidance and Outlook
For the full year 2026, the company issued guidance for total revenue growth of approximately 8%. Organic revenue growth is expected to be between 5% and 6%. Roper set its 2026 adjusted diluted earnings per share (DEPS) guidance at a range of $21.30 to $21.55. For the first quarter of 2026, the company expects adjusted DEPS of $4.95 to $5.00. These figures exclude the impact of unannounced future transactions.
Performance Summary
Roper Technologies reported 2025 revenue of $7.90 billion. Quarterly revenue grew 10% while GAAP net profit decreased 7%. All three primary business segments reported revenue increases during the fourth quarter. The company issued 2026 guidance for approximately 8% total revenue growth.
