PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced financial results for the third quarter ended September 30, 2025.
Third Quarter 2025 Financial Highlights
Key financial results for the third quarter 2025 are shown below. Throughout this press release all dollar figures are in millions, except net earnings (loss) per share. Unless otherwise noted, all results are on a reported basis and are compared with the prior-year period.
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GAAP |
Non-GAAP |
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|
Q3 2025 |
Q3 2024 |
Change |
Q3 2025 |
Q3 2024 |
Change |
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Revenue: |
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|
Total Revenue |
$91.7 |
$82.7 |
11% |
n/a |
n/a |
n/a |
|||||
|
Subscription Revenue |
$76.0 |
$67.1 |
13% |
n/a |
n/a |
n/a |
|||||
|
Subscription and Maintenance Revenue |
$78.1 |
$70.4 |
11% |
n/a |
n/a |
n/a |
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|
Profitability: |
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|
Gross Profit |
$63.1 |
$54.4 |
16% |
$64.9 |
$56.3 |
15% |
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|
Operating (Loss) Income |
$(2.9) |
$— |
$(2.9) |
$14.1 |
$8.4 |
$5.8 |
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|
Net (Loss) Income |
$(4.2) |
$0.2 |
$(4.5) |
$10.4 |
$6.6 |
$3.9 |
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|
Net (Loss) Earnings Per Share |
$(0.09) |
$— |
$(0.09) |
$0.22 |
$0.14 |
$0.08 |
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|
Adjusted EBITDA |
n/a |
n/a |
n/a |
$15.0 |
$9.3 |
$5.8 |
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|
Cash: |
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|
Net Cash Provided by Operating Activities |
$11.4 |
$1.6 |
$9.8 |
n/a |
n/a |
n/a |
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|
Free Cash Flow |
n/a |
n/a |
n/a |
$11.5 |
$1.4 |
$10.2 |
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The attached table provides a summary of PROS results for the period, including a reconciliation of GAAP to non-GAAP metrics. |
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Pending Acquisition by Thoma Bravo
On September 22, 2025, we announced that PROS Holdings, Inc. entered into a definitive agreement to be acquired by Thoma Bravo L.P. in an all-cash transaction valued at approximately $1.4 billion, or $23.25 per share. The per-share merger consideration represents a premium of approximately 53.2% over PROS’s 30-day volume weighted average trading price as of the unaffected trading date of September 19, 2025. The transaction is subject to approval by PROS’s stockholders, regulatory approvals and other customary closing conditions, and is currently expected to close in the fourth quarter of 2025.
In light of the pending transaction, PROS will not be hosting a third quarter earnings conference call and is suspending its practice of providing financial guidance.
Recent Business Highlights
- Welcomed many new customers who are adopting the PROS Platform such as Bleckmann, ELKO Grupa, Greene King, Kraft Heinz, and MANE, among others.
- Expanded adoption of the PROS Platform within existing customers including Adobe, American Airlines, AutoZone, Cooper Machinery, Flydubai, Holcim, Philippine Airlines, and Turkish Airlines, among others.
