# Roper Technologies Inc. (ROP) – NASDAQ Q2 2025 Financial Report
Released on July 21, 2025, Roper Technologies, Inc. (Nasdaq: ROP) announced its financial results for the second quarter ending June 30, 2025. The report highlighted significant growth across various metrics and an upcoming acquisition that positions the company for future expansion.
### Key Financial Highlights
– **Revenue**:
– Increased by **13%** to **$1.94 billion**.
– Contributed to this increase:
– **Organic revenue growth**: **7%**
– **Acquisition contribution**: **6%**.
– **GAAP Net Earnings**:
– Increased by **12%** to **$378 million**.
– **Adjusted Net Earnings**:
– Rose by **9%** to **$528 million**.
– **Adjusted EBITDA**:
– Grew by **12%** to **$775 million** with an adjusted EBITDA margin of **39.9%**, slightly down by **60 basis points** from a year ago.
– **GAAP Operating Cash Flow**:
– Increased by **5%** to **$404 million**.
– **Adjusted Operating Cash Flow**:
– Increased by **13%** to **$434 million**.
– **GAAP Diluted Earnings per Share (DEPS)**:
– Increased by **12%** to **$3.49**.
– **Adjusted DEPS**:
– Increased by **9%** to **$4.87**.
### Strategic Developments
– **Subsplash Acquisition**:
– Roper signed a definitive agreement to acquire Subsplash for **$800 million**. Subsplash is recognized for its AI-enabled, cloud-based software and fintech solutions serving over 20,000 faith-based organizations.
– The acquisition aligns with Roper’s strategy of enhancing shareholder value through companies with strong organic growth profiles.
– **Increased Financial Guidance for 2025**:
– Roper raised its full-year adjusted DEPS outlook to a range of **$19.90 – $20.05**, from the previous **$19.80 – $20.05**.
– The company also increased its total revenue growth forecast for the year to approximately **13%**, up from the earlier estimate of **12%**.
– Organic revenue growth is still anticipated to remain between **6%** to **7%**.
– Expectations for third-quarter adjusted DEPS are set between **$5.08 – $5.12**.
### Operational Efficiency and Investment Focus
– Roper’s management emphasized the balance of growth across all three segments and the company’s ongoing focus on innovation, particularly through the use of AI technologies.
– Management highlighted the company’s M&A capacity and strategic capital deployment against a large pipeline of potential opportunities, laying the groundwork for durable, long-term growth.
### Shareholder Returns and Other Metrics
– **Dividends**:
– Roper paid cash dividends to shareholders totaling **$177.2 million**, up from **$160.6 million** in the same quarter last year, indicating a growth of **10%**.
– **Free Cash Flow**:
– Adjusted free cash flow for the quarter was reported at **$403 million**, representing a **10%** increase compared to the prior year.
### Summary of Financial Performance Metrics
– **Revenue Growth**: **13%** (Year-over-Year)
– **GAAP Net Earnings Growth**: **12%**
– **Adjusted Net Earnings Growth**: **9%**
– **Adjusted EBITDA Growth**: **12%**
– **GAAP Operating Cash Flow Growth**: **5%**
– **Adjusted Operating Cash Flow Growth**: **13%**
– **GAAP DEPS Growth**: **12%**
– **Adjusted DEPS Growth**: **9%**
– **Cash Dividends Growth**: **10%**
– **Adjusted Free Cash Flow Growth**: **10%**
The company’s results illustrate a strong operational performance and a positive outlook, bolstered by strategic acquisitions and ongoing financial growth. Roper Technologies continues to position itself as a leader in its space by effectively leveraging its portfolio and capitalizing on market opportunities.
Here are the extracted tables in HTML format:
### Condensed Consolidated Statements of Income (Amounts in millions)
| Three months ended | Six months ended | |
|---|---|---|
| June 30, 2025 | June 30, 2025 | |
| Net revenues | 1,943.6 | 3,826.4 |
| Cost of sales | 598.2 | 1,187.3 |
| Gross profit | 1,345.4 | 2,639.1 |
| Selling, general and administrative expenses | 797.1 | 1,565.0 |
| Income from operations | 548.3 | 1,074.1 |
| Interest expense, net | 79.1 | 142.0 |
| Equity investments (gain) loss, net | -16.6 | 27.8 |
| Net earnings | 378.3 | 709.4 |
| Net earnings per share: Basic | 3.52 | 6.60 |
| Net earnings per share: Diluted | 3.49 | 6.55 |
| Weighted average common shares outstanding: Basic | 107.6 | 107.5 |
| Weighted average common shares outstanding: Diluted | 108.4 | 108.3 |
### Condensed Consolidated Balance Sheets (Amounts in millions)
| ASSETS: | June 30, 2025 | December 31, 2024 |
|---|---|---|
| Cash and cash equivalents | 242.4 | 188.2 |
| Accounts receivable, net | 868.8 | 885.1 |
| Inventories, net | 132.2 | 120.8 |
| Income taxes receivable | 50.0 | 25.6 |
| Unbilled receivables | 140.0 | 127.3 |
| Prepaid expenses and other current assets | 220.9 | 195.7 |
| Total current assets | 1,654.3 | 1,542.7 |
| Property, plant and equipment, net | 156.5 | 149.7 |
| Goodwill | 20,507.6 | 19,312.9 |
| Other intangible assets, net | 9,627.4 | 9,059.6 |
| Deferred taxes | 54.6 | 54.1 |
| Equity investment | 739.7 | 772.3 |
| Other assets | 480.3 | 443.4 |
| Total assets | 33,220.4 | 31,334.7 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | ||
| Accounts payable | 159.4 | 148.1 |
| Accrued compensation | 213.8 | 289.0 |
| Deferred revenue | 1,618.1 | 1,737.4 |
| Other accrued liabilities | 520.3 | 546.2 |
| Income taxes payable | 53.1 | 68.4 |
| Current portion of long-term debt, net | 999.8 | 1,043.1 |
| Total current liabilities | 3,564.5 | 3,832.2 |
| Long-term debt, net of current portion | 7,859.2 | 6,579.9 |
| Deferred taxes | 1,706.0 | 1,630.6 |
| Other liabilities | 456.8 | 424.4 |
| Total liabilities | 13,586.5 | 12,467.1 |
| Common stock | 1.1 | 1.1 |
| Additional paid-in capital | 3,187.1 | 3,014.6 |
| Retained earnings | 16,565.9 | 16,034.9 |
| Accumulated other comprehensive loss | -104.1 | -166.5 |
| Treasury stock | -16.1 | -16.5 |
| Total stockholders’ equity | 19,633.9 | 18,867.6 |
| Total liabilities and stockholders’ equity | 33,220.4 | 31,334.7 |


