Exceeding Guidance Ranges
The company exceeded the high end of its guidance ranges across all metrics for the second quarter, leading to a raised full year outlook for subscription revenue and ARR.
Strong Revenue Growth
Subscription revenue grew by 12%, total revenue by 8%, and adjusted EBITDA improved by 42% year-over-year.
Industry Recognition
PROS was named a leader by ISG in the 2025 CPQ Buyers Guide, marking its fourth consecutive leadership designation from an industry analyst in three quarters.
Airline Industry Momentum
PROS continued to gain momentum in the airline sector with new customer wins, such as Air Greenland and ValueJet, and expanding partnerships, including with American Airlines.
Financial Flexibility Improvement
The company exchanged $186.9 million of 2027 notes for $185 million of new notes due in 2030, reducing debt by approximately $2 million, thereby increasing financial flexibility.