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PRO

PROS Holdings, Inc.

PRO

PROS Holdings, Inc. • NYSE
$23.24 ▲ 0.13% (+0.03)
Market Cap $1.12 B
52w High $29.84
52w Low $13.61
Dividend Yield 0%
P/E -83
Volume 211.46K
Outstanding Shares 48.30M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $91.676M ▲ $66.003M ▼ $-4.247M ▼ -4.633% ▼ $-0.09 ▲ $110.999K ▼
Q2-2025 $88.715M ▲ $67.119M ▲ $-1.756M ▲ -1.979% ▲ $-0.11 ▼ $1.598M ▲
Q1-2025 $86.322M ▲ $62.215M ▲ $-3.689M ▼ -4.274% ▼ $-0.08 ▼ $-55K ▼
Q4-2024 $84.969M ▲ $59.157M ▲ $-1.967M ▼ -2.315% ▼ $-0.042 ▼ $1.51M ▼
Q3-2024 $82.702M $54.373M $235K 0.284% $0.005 $3.538M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $188.404M ▲ $444.929M ▲ $521.107M ▼ $-76.178M ▲
Q2-2025 $178.958M ▲ $443.041M ▲ $527.92M ▲ $-84.879M ▼
Q1-2025 $160.023M ▼ $427.159M ▲ $492.972M ▲ $-65.813M ▲
Q4-2024 $161.983M ▲ $419.902M ▲ $488.605M ▲ $-68.703M ▲
Q3-2024 $140.564M $384.169M $459.393M $-75.224M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-4.247M ▼ $11.372M ▲ $-530K ▼ $-1.11M ▼ $19.446M ▲ $10.842M ▲
Q2-2025 $-1.756M ▲ $3.215M ▲ $-41K ▼ $17.246M ▲ $18.935M ▲ $3.174M ▲
Q1-2025 $-3.689M ▼ $1.215M ▼ $15K ▲ $-3.131M ▼ $-1.96M ▼ $1.112M ▼
Q4-2024 $-1.967M ▼ $24.013M ▲ $-379K ▼ $-1.408M ▼ $21.419M ▲ $23.516M ▲
Q3-2024 $235K $1.594M $-231K $-80K $1.261M $1.421M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Maintenance
Maintenance
 $0 ▲$0 ▲$0 ▲$0 ▲
Service
Service
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Subscription and Circulation
Subscription and Circulation
 $70.00M ▲$70.00M ▲$70.00M ▲$80.00M ▲
Subscription maintenance and support
Subscription maintenance and support
 $70.00M ▲$70.00M ▲$80.00M ▲$80.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been growing steadily over the past several years, and the core software business shows strong gross margins, which is typical of a scalable SaaS model. Losses at the operating and net income level are still present but have been narrowing, suggesting better cost control and improving unit economics. The company appears to be on a gradual path toward break-even rather than a rapid turnaround, so profitability remains a work in progress rather than a done deal.

Balance Sheet

Balance Sheet The balance sheet shows a business that still carries a meaningful level of debt and has seen its cash balance trend down from earlier years. Equity has slipped into negative territory, reflecting accumulated past losses, which is a notable financial risk marker. On the positive side, total assets and cash remain sizable for the scale of the company, and leverage has not exploded, but the capital structure leaves less room for prolonged weak performance. Ongoing improvement in earnings and cash flow will be important to strengthen this foundation over time.

Cash Flow

Cash Flow The cash flow picture is more encouraging than the accounting earnings: the business has shifted from burning cash to generating modest positive cash flow from operations in the most recent years. Free cash flow has followed the same pattern, helped by very low capital spending needs, which is common for mature cloud software platforms. This means the company is now closer to being self-funding, but the margin for error is still relatively thin if growth or collections weaken. Sustaining and gradually expanding positive free cash flow is a key financial hinge for the story.

Competitive Edge

Competitive Edge PROS occupies a specialized niche in AI-driven pricing, revenue management, and configure–price–quote software, rather than trying to be a broad, general-purpose enterprise suite. Its long history in pricing, deep industry focus (especially in airlines and complex B2B sectors), and large proprietary datasets create meaningful differentiation versus larger but more generic competitors. High switching costs and tight integration into customers’ sales and pricing workflows make relationships sticky once the software is embedded. The flip side is dependence on a narrower set of use cases and industries, some of which can be cyclical, so continued expansion across sectors and geographies is important to reduce concentration risk.

Innovation and R&D

Innovation and R&D Innovation is clearly at the center of PROS’s strategy, with AI and machine learning woven into all core products rather than added as an afterthought. The company is pushing further into generative and predictive AI “agents” that automate tasks for sales, pricing, and revenue teams, aiming to make the platform more proactive and easier to use. Its long-running focus on data quality, domain-specific models, and cloud-native architecture gives it a head start versus newer entrants. The main challenge is converting this technical edge into durable, profitable growth while competing against very large software vendors that can bundle pricing tools into broader suites.

Summary

Overall, PROS looks like a focused, AI-driven SaaS company with improving financial trends but not yet at consistent profitability. Revenue and margins show a solid software business model, and cash generation has turned a corner, yet the company still carries negative equity and relies on careful balance sheet management. Competitively, it benefits from deep specialization, rich data, and high switching costs, which form a meaningful moat in pricing and revenue optimization. The long-term story hinges on whether PROS can keep leveraging its innovation engine and niche strength to scale efficiently, strengthen its financial position, and eventually translate its AI leadership into durable, high-quality earnings.

NEWS

November 20, 2025 · 12:47 PM UTC

Pros Holdings Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PROS Holdings, Inc. - PRO

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October 27, 2025 · 4:15 PM UTC

PROS Holdings, Inc. Reports Third Quarter 2025 Financial Results

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October 21, 2025 · 9:30 AM UTC

PROS Smart Price Optimization and Management Now Available on SAP® Store

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October 1, 2025 · 7:35 AM UTC

Conga Announces Intent to Acquire PROS B2B Business Following its Acquisition by Thoma Bravo

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October 1, 2025 · 7:30 AM UTC

Thoma Bravo and PROS Holdings, Inc. Announce Strategic Plans for PROS Business Segments

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