Here are the 10-Q quarterly reports from Pros Holdings, Inc. (PRO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRO filings page.
PROS Holdings (NYSE: PRO) reported Q3 2025 revenue of $91.7 million, up 11% year over year, driven by subscription revenue of $76.0 million (up 13%). Gross margin improved to 69% from 66% as cloud delivery costs were optimized. The quarter recorded a net loss of $4.2 million versus net income of $0.2 million a year ago. For the first nine months, operating cash flow was $15.8 million, up from $3.4 million.
Liquidity remained solid with $188.4 million in cash and cash equivalents and $10.0 million in restricted cash as of September 30, 2025. During Q2 2025, the company exchanged $186.9 million of 2027 notes into new 2030 notes and issued an additional $50.0 million of 2030 notes, then purchased capped calls for $27.9 million. Remaining 2027 notes totaled $79.9 million and 2030 notes totaled $235.0 million. The company entered a Merger Agreement to be acquired by Thoma Bravo for $23.25 per share in cash, expected to close in Q4 2025, subject to shareholder and regulatory approvals.