Business Segments · Gross profit:

Application Software — Gross profit:

Roper Technologies, Inc. Application Software — Gross profit: increased by 4.9% to $672.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 20.6%, from $557.70M to $672.80M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toGross Profit

How to read this metric

An increase indicates better pricing power or lower production costs, while a decrease suggests margin compression.

Detailed definition

The difference between the application software segment's net revenues and its direct cost of sales. It represents the f...

Peer comparison

Universal metric for assessing core product profitability across all industries.

Metric ID: rop_segment_application_software_gross_profit

Historical Data

11 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$409.30M$420.20M$437.80M$430.90M$440.20M$520.50M$531.00M$557.70M$625.70M$641.10M$672.80M
QoQ Change+2.7%+4.2%-1.6%+2.2%+18.2%+2.0%+5.0%+12.2%+2.5%+4.9%
YoY Change+5.3%+4.8%+18.9%+23.2%+26.7%+20.2%+20.7%+20.6%
Range$409.30M$672.80M
CAGR+22.0%
Avg YoY Growth+17.6%
Median YoY Growth+20.4%
Current Streak7 quarters growth

Frequently Asked Questions

What is Roper Technologies, Inc.'s application software — gross profit:?
Roper Technologies, Inc. (ROP) reported application software — gross profit: of $672.80M in Q3 2024.
How has Roper Technologies, Inc.'s application software — gross profit: changed year-over-year?
Roper Technologies, Inc.'s application software — gross profit: increased by 20.6% year-over-year, from $557.70M to $672.80M.
What does application software — gross profit: mean?
The profit remaining after subtracting the direct costs of producing the software from total sales.