Lakewood Ranch tech company nears $8B in revenue

A publicly traded Lakewood Ranch-based tech company that increased revenue by 12% year-over-year is nearing $8 billion in annual revenue, attributing the growth in part to acquisitions.

Roper Technologies — which trades on the Nasdaq under the ticker ROP — posted $7.9 billion in revenue last year, according to the 2025 financial report it released Tuesday. Acquisitions contributed to a 7% increase in revenue in 2025, while organic revenue was up 5%, the report says.

With more acquisitions on the horizon and AI capabilities leading innovation, Roper officials are forecasting more growth in 2026.

The 2025 results provide a “clear demonstration of Roper’s durable long-term cash flow compounding model," Roper Technologies President and CEO Neil Hunn says in a statement. “Relative to our M&A strategy, we deployed $3.3 billion toward high-quality vertical software businesses, highlighted by CentralReach, Subsplash and several bolt-on acquisitions.”

Over the summer, Roper acquired Subsplash for $800 million. The company provides AI-enabled, cloud-based software and fintech solutions to more than 20,000 faith-based organizations and churches. In the spring, Roper closed a $1.65 billion deal to acquire CentralReach, a software provider specializing in services for those with autism and intellectual and developmental disabilities.

“Additionally, we opportunistically repurchased 1.12 million shares for $500 million through our recently initiated share repurchase program,” Hunn says in the statement. 

In 2026, Roper Technologies is “well positioned to continue deploying capital, with significant M&A capacity, a large pipeline of attractive acquisition opportunities and the flexibility to utilize our share repurchase program,” Hunn says in the statement. 

The company plans to move forward with a focus on artificial intelligence, after announcing in November it created two new leadership roles centering around AI.

"Roper enters 2026 with a fundamentally stronger foundation, following meaningful enhancements last year to our leadership talent, AI technical capabilities, capital deployment discipline and operating model,” Hunn says. “We remain focused on accelerating innovation and commercialization to capture the significant AI opportunity across each of our businesses.”