Roper Technologies $ROP, Inc. ROP is benefiting from strong momentum in its Application Software segment, driven by strength across its Aderant, Deltek, Vertafore and PowerPlan businesses. It is witnessing strength in the acute healthcare, property and casualty insurance, and legal markets. In the fourth quarter of 2025, the Application Software segment contributed more than half of the company’s revenues, accounting for 56.3% of the total business. In the same quarter, total revenues from this segment rose 10% year over year while its organic revenues grew 4%.
The growing adoption of SaaS solutions and continued GenAI innovation are key catalysts to Aderant’s growth. Solid demand for SaaS solutions in the private sector bodes well for the Deltek business. The Vertafore business is gaining from excellent enterprise delivery capabilities to the largest customers in the market, which has also resulted in strong annual recurring revenue (ARR) growth. Strong customer retention and adoption of new SaaS solutions are aiding the PowerPlan business. Solid momentum in the ILLUMIA business, driven by strong market execution, also bodes well for the segment.
Backed by strong business performance, Roper expects organic revenues from the Application Software segment to rise in the mid-single digits in 2026. The segment is expected to remain the company’s primary business catalyst in the near term, supported by steady recurring revenues.