PROS(US:PRO)2025-05-01 20:25Financial Performance - PROS Holdings' Q1 2025 TTM total revenue reached $336 million[7] - Subscription revenue has grown at a CAGR of 28% since the cloud transition (FY2015 – FY2024)[9] - Recurring revenue accounted for 85% of the Q1 2025 TTM total revenue[9] - Free cash flow for Q1 2025 TTM was over $32 million, a 192% year-over-year improvement[10, 11] - Q1 2025 total revenue increased by 7% to $863 million, compared to $807 million in Q1 2024[54] - Q1 2025 subscription revenue increased by 10% to $708 million, compared to $643 million in Q1 2024[54] - Adjusted EBITDA for Q1 2025 improved by 90% to $87 million, compared to $46 million in Q1 2024[54] Market and Business Strategy - PROS estimates its underpenetrated addressable market to be over $38 billion[11, 27] - The company processes 48 trillion transactions in Q1 2025 TTM[11, 18] - The company's strategic focus areas include platform expansion, strategic partner collaboration, and AI infusion[30] Future Outlook - The company's full-year 2025 total revenue guidance is $360 million to $362 million, representing a 9% increase at the midpoint[56] - The company's full-year 2025 subscription revenue guidance is $294 million to $296 million, representing an 11% increase at the midpoint[56]