Roper Technologies (ROP) Q4 FY2025 earnings: revenue $2.1 billion, up 9.7% on the year

Roper Technologies Inc. (ROP) reported revenue of $2.1 billion for Q4 FY2025, the quarter ended 31 December 2025, up 9.7% on the same quarter a year earlier. Net income was $428 million, down 7.3% on the year, and diluted earnings per share $3.97. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2026.

Revenue

$2.1 billion

+9.7% on the year · +2.0% on the quarter

Q1 FY2024Q4 FY2025

Operating margin

28.6%

28.0% a year earlier

Q1 FY2024Q4 FY2025

Net income

$428 million

-7.3% on the year · +7.5% on the quarter

Q1 FY2024Q4 FY2025

Diluted EPS

$3.97

-7.2% on the year · +7.9% on the quarter

Q1 FY2024Q4 FY2025

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 7 new.

Revenue rose 10% in fourth quarter: Fourth-quarter revenue reached $2.06 billion, up 10%, with acquisitions adding 5 points and organic growth 4%. Full-year revenue was $7.90 billion, up 12%, including 7 points from acquisitions.
Adjusted DEPS up 8%, GAAP down 7%: Fourth-quarter adjusted diluted EPS (DEPS) rose 8% to $5.21, while GAAP DEPS fell 7% to $3.97. For the year, adjusted DEPS rose 9% to $20.00 and GAAP DEPS fell 1% to $14.20.
Adjusted EBITDA up 10% in quarter: Adjusted EBITDA rose 10% to $818 million in the quarter, with margin at 39.7%, up 10 basis points. For the year, adjusted EBITDA rose 11% to $3.14 billion and margin was 39.8%, down 40 basis points.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Revenue	2,059	2,018	1,877	+2.0%	+9.7%
Cost of revenue	629	614	595	+2.3%	+5.7%
Gross profit	1,430	1,403	1,282	+1.9%	+11.5%
Gross margin	69.5%	69.5%	68.3%
Selling, general and administrative	842	830	758	+1.4%	+11.1%
Operating income	588	573	525	+2.7%	+12.1%
Operating margin	28.6%	28.4%	28.0%
Interest expense	93.3	89.7	70.8	+4.0%	+31.8%
Pre-tax income	535	498	591	+7.3%	-9.5%
Income tax	106	99.7	128	+6.5%	-17.4%
Effective tax rate	19.9%	20.0%	21.8%
Net income	428	398	462	+7.5%	-7.3%
Net margin	20.8%	19.8%	24.6%
Diluted EPS	$3.97	$3.68	$4.28	+7.9%	-7.2%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Operating cash flow	738	870	722	-15.1%	+2.2%
Cash from investing	-34.0	-1,303	59.7
Cash from financing	-731	514	-832
Depreciation and amortisation	230	231	211	-0.3%	+9.1%
Share-based compensation	37.6	46.0	33.0	-18.3%	+13.9%
Buybacks	500	0.0	n/a
Dividends paid	89.0	88.8	80.8	+0.2%	+10.1%
Dividend per share	n/a	$0.82	n/a
Diluted shares, weighted	108m	108m	n/a	-0.6%
Shares outstanding at period end	107m	108m	107m	-1.0%	-0.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Shareholders' equity	19,882	19,993	18,868	-0.6%	+5.4%
Debt	9,301	9,454	7,623	-1.6%	+22.0%
Operating lease liabilities	185	n/a	155		+19.6%
Other liabilities	5,209	5,138	4,689	+1.4%	+11.1%
Total liabilities and equity	34,577	34,584	31,335	-0.0%	+10.3%
Fixed assets	157	158	150	-0.4%	+4.8%
Goodwill	21,341	21,337	19,313	+0.0%	+10.5%
Intangible assets	9,764	9,966	9,060	-2.0%	+7.8%
Cash and equivalents	297	320	188	-7.1%	+58.0%
Receivables	1,001	910	885	+10.0%	+13.1%
Inventory	142	141	121	+0.6%	+17.3%
Other assets	1,875	1,753	1,618	+7.0%	+15.8%
Total assets	34,577	34,584	31,335	-0.0%	+10.3%

Questions

What was Roper Technologies' revenue in Q4 FY2025?

Roper Technologies (ROP) reported revenue of $2.1 billion for Q4 FY2025, the quarter ended 31 December 2025, up 9.7% on the same quarter a year earlier.

How much did Roper Technologies earn in Q4 FY2025?

Net income for Q4 FY2025 was $428 million, down 7.3% on the year, and diluted earnings per share $3.97.

When did Roper Technologies report Q4 FY2025 results?

Roper Technologies filed its 10-K for the year that ended with the quarter on 24 February 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

	Q4 FY2021 †	Q1 FY2022 †	Q2 FY2022	Q3 FY2022	Q4 FY2022 †	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,257	1,280	1,311	1,350	1,431	1,470	1,531	1,563	1,614	1,681	1,717	1,765	1,877	1,883	1,944	2,018	2,059	2,095	2,109	2,172
Cost of revenue	305	383	399	408	429	451	464	467	488	500	524	543	595	589	598	614	629	642	639	649
Gross profit	880	897	912	942	1,002	1,019	1,067	1,096	1,125	1,181	1,193	1,222	1,282	1,294	1,345	1,403	1,430	1,454	1,470	1,523
Gross margin	70%	70%	70%	70%	70%	69%	70%	70%	70%	70%	70%	69%	68%	69%	69%	70%	69%	69%	70%	70%
SG&A	536	541	549	549	590	618	632	650	662	700	699	725	758	768	797	830	842	884	886	899
Operating income	260	356	363	393	412	401	435	446	463	481	494	497	525	526	548	573	588	570	585	623
Operating margin	21%	28%	28%	29%	29%	27%	28%	29%	29%	29%	29%	28%	28%	28%	28%	28%	29%	27%	28%	29%
Interest expense	55.8	52.6	44.7	41.3	53.8	37.4	34.8	42.4	50.1	53.2	67.5	67.7	70.8	62.9	79.1	89.7	93.3	99.3	111	107
Pre-tax income	330	301	317	356	308	360	464	443	477	484	425	467	591	418	485	498	535	635	1,308	572
Tax rate	16%	22%	29%	22%	20%	21%	22%	22%	21%	21%	21%	21%	22%	21%	22%	20%	20%	20%	11%	15%
Net income	288	2,020	269	327	1,928	283	365	347	389	382	337	368	462	331	378	398	428	509	1,168	485
Net margin	23%	158%	21%	24%	135%	19%	24%	22%	24%	23%	20%	21%	25%	18%	19%	20%	21%	24%	55%	22%
Diluted EPS	$2.70	$18.94	$2.52	$3.06	$18.06	$2.65	$3.40	$3.23	$3.61	$3.54	$3.12	$3.40	$4.28	$3.06	$3.49	$3.68	$3.97	$4.87	$11.62	$4.88
Operating cash flow	580	475	-64.2	252	71.7	464	320	630	622	532	384	755	722	529	404	870	738	592	470	821
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	500	1,500	1,227	0.0
Dividends paid	59.5	65.3	65.4	65.5	66.1	72.3	72.5	72.7	72.7	80.5	80.1	80.5	80.8	88.6	88.6	88.8	89.0	97.4	94.0	90.0
Shares outstanding	106m	106m	106m	106m	106m	107m	107m	107m	107m	107m	107m	107m	107m	108m	108m	108m	107m	102m	99m	99m
Filing	10-K	10-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2025, filed 24 February 2026: the filing.