ROPER TECHNOLOGIES INC

ROP 10-K · Q4 2025

ROP Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 2,058.6 1,877.1 +9.7%
Show Product Lines breakouts
Non-recurring 206.9 215.8 -4.1%
Non-recurring · Application Software 175.5 183.9 -4.6%
Product Revenue 460.7 439.1 +4.9%
Product Revenue · Technology Enabled Products 460.7 439.1 +4.9%
Recurring 1,173.1 1,033.8 +13.5%
Recurring · Application Software 855.3 753.5 +13.5%
Recurring · Technology Enabled Products 12.9 7.6 +69.7%
Reoccurring 217.9 188.4 +15.7%
Reoccurring · Application Software 128.1 119.5 +7.2%
Software related 1,597.9 1,438 +11.1%
Software related · Application Software 1,158.9 1,056.9 +9.7%
Software related · Technology Enabled Products 12.9 7.6 +69.7%
Show Business Segments breakouts
Application Software 1,158.9 1,056.9 +9.7%
Application Software · Operating Segments 1,158.9 1,056.9 +9.7%
Technology Enabled Products 473.6 446.7 +6.0%
Technology Enabled Products · Operating Segments 473.6 446.7 +6.0%
Show — breakouts
Revenue -4,243.1 -3,686.5 -15.1%
Revenue 426.1 373.5 +14.1%
Revenue -1,039 -966.9 -7.5%
Revenue -20.1 -32 +37.2%
Revenue -864.2 -831.8 -3.9%
Revenue 426.1 373.5 +14.1%
Cost of Revenue 628.7 594.8 +5.7%
Show Business Segments breakouts
Application Software · Operating Segments 364.3 348.9 +4.4%
Technology Enabled Products · Operating Segments 200.8 191.3 +5.0%
Show — breakouts
Cost of Revenue -1,546.8 -1,345.3 -15.0%
Gross Profit 1,429.9 1,282.3 +11.5%
Selling, General & Administrative 841.6 757.6 +11.1%
Show Business Segments breakouts
Application Software · Operating Segments 485.9 435.1 +11.7%
Technology Enabled Products · Operating Segments 114 105.1 +8.5%
Show — breakouts
Selling, General & Administrative -1,875.5 -1,662 -12.8%
Selling, General & Administrative -1,515.7 -1,341.1 -13.0%
Operating Income 588.3 524.7 +12.1%
Interest Expense 93.3 70.8 +31.8%
Income Loss From Equity Method Investments -40.4 -141 +71.3%
Non-Operating Income (Expense) 0.8 4.1 -80.5%
Income Before Taxes 534.6 590.8 -9.5%
Income Tax Expense (Benefit) 106.2 128.5 -17.4%
Income Loss From Continuing Operations 428.4 462.3 -7.3%
Net Income 428.4 462.3 -7.3%
Show Equity Components breakouts
Retained Earnings 428.4 462.3 -7.3%
EPS (Basic) 3.99 4.32 -7.6%
EPS (Diluted) 3.97 4.29 -7.5%
Wtd Avg Shares (Basic) -0.1 0
Wtd Avg Shares (Diluted) -0.1 0
Comprehensive Income 437 403.2 +8.4%
Other Comprehensive Income 8.6 -59.1 +114.6%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 297.4 188.2 +58.0%
Accounts Receivable 1,001 885.1 +13.1%
Inventory 141.7 120.8 +17.3%
Unbilled Receivables Current 124 127.3 -2.6%
Prepaid Expenses & Other Current Assets 235.8 195.7 +20.5%
Total Current Assets 1,928.1 1,542.7 +25.0%
Non-Current Assets
Property, Plant & Equipment 156.9 149.7 +4.8%
Goodwill 21,341.2 19,312.9 +10.5%
Show Business Segments breakouts
Application Software 15,917.2 14,677.6 +8.4%
Network Software 4,420.1 3,706.4 +19.3%
Technology Enabled Products 1,003.9 928.9 +8.1%
Show Range breakouts
Maximum 3,371.9
Minimum 17.5
Show Business Acquisition breakouts
Muni-Link, Outgo, Orchard Software, Convoy, HerculesAI and SpectrumAi 460.9
Deferred Tax Assets 73.3 54.1 +35.5%
Other Non-Current Assets 517 443.4 +16.6%
Total Assets 34,577 31,334.7 +10.3%
Operating Lease Right-of-Use Assets 220 189.4 +16.2%
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 8,406.9 7,846.7 +7.1%
Patents 6.8 7.3 -6.8%
Unpatented Technology 454.7 397 +14.5%
Other Assets
Prepaid Taxes 128.2 25.6 +400.8%
Intangible Assets Net Excluding Goodwill 9,764.2 9,059.6 +7.8%
Equity Method Investments 796.3 772.3 +3.1%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Indicor 796.3 772.3 +3.1%
Current Liabilities
Deferred Compensation Cash Based Arrangements Liability Current 293 289 +1.4%
Deferred Revenue (Current) 1,906.8 1,737.4 +9.8%
Accrued Liabilities 642.3 546.2 +17.6%
Accrued Income Taxes Current 28 68.4 -59.1%
Current Portion of Long-Term Debt 705.2 1,043.1 -32.4%
Total Current Liabilities 3,725.6 3,832.2 -2.8%
Non-Current Liabilities
Accounts Payable Current And Noncurrent 150.3 148.1 +1.5%
Long-Term Debt 8,595.8 6,579.9 +30.6%
Deferred Tax Liabilities 1,883.1 1,630.6 +15.5%
Other Non-Current Liabilities 491 424.4 +15.7%
Total Liabilities 14,695.5 12,467.1 +17.9%
Long-Term Debt 9,301 7,623 +22.0%
Operating Lease Liabilities 185.2 154.8 +19.6%
Contract With Customer Liability Noncurrent -170.8 -154.7 -10.4%
Stockholders' Equity
Common Stock 1.1 1.1 0.0%
Additional Paid-In Capital 3,292.2 3,014.6 +9.2%
Retained Earnings 17,205.7 16,034.9 +7.3%
Accumulated Other Comprehensive Income -101.4 -166.5 +39.1%
Treasury Stock Common Value -516.1 -16.5 -3027.9%
Total Stockholders' Equity 19,881.5 18,867.6 +5.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -101.4 -166.5 +39.1%
Additional Paid In Capital 3,292.2 3,014.6 +9.2%
Common Stock 1.1 1.1 0.0%
Retained Earnings 17,205.7 16,034.9 +7.3%
Treasury Stock Common -516.1 -16.5 -3027.9%
Total Liabilities & Equity 34,577 31,334.7 +10.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Depreciation 9.9 9.2 +7.6%
Amortization Of Intangible Assets 220.4 201.9 +9.2%
Show Finite Lived Intangible Assets By Major Class breakouts
Other Intangible Assets 208.3 193.2 +7.8%
Amortization of Financing Costs 3.2 2.8 +14.3%
Stock-Based Compensation 37.6 33 +13.9%
Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items 106.2 128.5 -17.4%
Increase Decrease In Accounts And Other Receivables -89.8 -68.4 -31.3%
Change in Inventory -0.5 6.4 -107.8%
Change in Prepaid & Other Assets -8.1 2.4 -437.5%
Change in Accounts Payable -17.1 -5.8 -194.8%
Increase Decrease In Other Accrued Liabilities 66 111 -40.5%
Change in Deferred Revenue 96.2 86.2 +11.6%
Income Taxes Paid Excluding Taxes Associated With Gain On Disposition Of Business -76.4 -100.7 +24.1%
Net Cash from Operations 738 722.2 +2.2%
Depreciation & Amortization (Q)
Show Business Segments breakouts
Application Software · Operating Segments 180.4 165.6 +8.9%
Technology Enabled Products · Operating Segments 5.9 5 +18.0%
Show — breakouts
Depreciation & Amortization -662.1 -599.5 -10.4%
Depreciation & Amortization -495.8 -439.8 -12.7%
Investing Activities
Payments To Acquire Businesses Net Of Cash Acquired 9.6 148.8 -93.5%
Payments To Acquire Other Productive Assets -9.8 -26.8 +63.4%
Show Business Segments breakouts
Application Software · Operating Segments -3.5 -5.9 +40.7%
Technology Enabled Products · Operating Segments -3.1 -4.4 +29.5%
Show — breakouts
Payments To Acquire Other Productive Assets 28.9 -8.5 +440.0%
Payments To Acquire Other Productive Assets 24.9 18.4 +35.3%
Payments To Develop Software -14.5 -11.6 -25.0%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 0 1.3 -100.0%
Other Investing Activities -0.1 0
Net Cash from Investing -34 59.7 -157.0%
Financing Activities
Repayments Of Senior Debt -300 0
Proceeds From Repayments Of Lines Of Credit 140 -800 +117.5%
Debt Issuance Costs 0.1 0.1 0.0%
Payments Of Dividends -89 -80.8 -10.1%
Proceeds From Sale Of Treasury Stock 5 4 +25.0%
Proceeds From Stock Based Compensation Net 9.4 0.5 +1780.0%
Proceeds From Payments For Other Financing Activities 3.8 44 -91.4%
Net Cash from Financing -730.7 -832.2 +12.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 4.1 -31.1 +113.2%
Net Change in Cash -22.6 -81.4 +72.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 297.4 188.2 +58.0%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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