PROS Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
- Total revenue of $85.0 million in the fourth quarter, up 10% year-over-year.
- Subscription revenue of $69.3 million in the fourth quarter, up 14% year-over-year.
- Subscription gross margin of 79% and non-GAAP subscription gross margin of 81% in the fourth quarter, an improvement of more than 270 basis points year-over-year.
- Operating cash flow of $24.0 million in the fourth quarter, up 73% year-over-year.
HOUSTON–(BUSINESS WIRE)— PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced financial results for the fourth quarter and full year ended December 31, 2024.
“I’m incredibly proud of our team for finishing the year strong – in 2024, we achieved 14% subscription revenue growth, delivered a 400% improvement in adjusted EBITDA, won exceptional new customers, and deepened our relationships across our expanding customer base,” stated CEO Andres Reiner. “These results, combined with being ranked a Leader in every key industry analyst evaluation specific to our solutions, highlight our market momentum and position us for continued growth in 2025 and beyond.”