Roper Technologies has raised its annual revenue and adjusted profit forecasts, anticipating a 13% revenue growth for 2025, up from a previous estimate of 12%. This adjustment reflects the company's confidence in resilient enterprise spending on its software products, which cater to various sectors including education, healthcare, and construction. The company also reported a strong second quarter with revenues of $1.94 billion, surpassing analyst expectations, and a net income increase to $3.49 per share compared to $3.12 a year ago.

The company is actively pursuing acquisitions to expand its product portfolio, recently announcing the acquisition of AI-based software firm Subsplash for $800 million. Roper's CEO emphasized the company's strong M&A capacity and disciplined capital deployment strategy, positioning it well to capitalize on attractive opportunities in a volatile market. This strategic focus on software and acquisitions is expected to enhance Roper's competitive edge and market position in the technology sector.