Earnings summaries and quarterly performance for PROCORE TECHNOLOGIES.
Executive leadership at PROCORE TECHNOLOGIES.
Board of directors at PROCORE TECHNOLOGIES.
Brian Feinstein
Director
Craig F. Courtemanche, Jr.
Chair of the Board
Elisa A. Steele
Director
Erin M. Chapple
Director
Graham V. Smith
Lead Independent Director
Kathryn A. Bueker
Director
Kevin J. O’Connor
Director
Nanci E. Caldwell
Director
William J.G. Griffith IV
Director
Research analysts who have asked questions during PROCORE TECHNOLOGIES earnings calls.
Jason Celino
KeyBanc Capital Markets
8 questions for PCOR
Saket Kalia
Barclays Capital
8 questions for PCOR
David Hynes
Canaccord Genuity Group Inc.
6 questions for PCOR
Dylan Becker
William Blair
6 questions for PCOR
Adam Borg
Stifel Financial Corp.
5 questions for PCOR
Ken Wong
Oppenheimer & Co. Inc.
4 questions for PCOR
Matthew Martino
Goldman Sachs
4 questions for PCOR
Brent Bracelin
Piper Sandler Companies
3 questions for PCOR
Brent Thill
Jefferies
3 questions for PCOR
Joe Vruwink
Baird
3 questions for PCOR
Joseph Vruwink
Baird
3 questions for PCOR
Daniel Jester
BMO Capital Markets
2 questions for PCOR
DJ Hynes
Canaccord Genuity
2 questions for PCOR
Joshua Tilton
Wolfe Research
2 questions for PCOR
Kash Rangan
Goldman Sachs
2 questions for PCOR
Will Hancock
BMO Capital Markets
2 questions for PCOR
Alexei Gogolev
JPMorgan Chase & Co.
1 question for PCOR
Daniela Campo Gomez
UBS
1 question for PCOR
Ken Wong
Oppenheimer & Co.
1 question for PCOR
Luv Sodha
Jefferies
1 question for PCOR
Nicholas Altmann
Scotiabank
1 question for PCOR
Sameer Kalucha
Mizuho Securities
1 question for PCOR
Samer Samana
Mizuho Securities
1 question for PCOR
Taylor McGinnis
UBS
1 question for PCOR
Recent press releases and 8-K filings for PCOR.
- Procore Technologies reported Q4 2025 revenue of $349 million, an increase of 15.6% year-over-year, achieving a 15% non-GAAP operating margin. For the full fiscal year 2025, revenue grew 15% with a 14% non-GAAP operating margin.
- The company delivered its strongest free cash flow quarter in history, generating $90 million in Q4, contributing to a full-year free cash flow of $215 million, representing 69% year-over-year growth and a 16% free cash flow margin.
- For fiscal year 2026, Procore expects revenue between $1.489 billion and $1.494 billion (13% year-over-year growth), with a non-GAAP operating margin of 17.5%-18% and a free cash flow margin of 19%.
- Procore is accelerating its AI strategy, including the tuck-in acquisition of Datagrid, and reported 66,000 unique active users and nearly 700 customers utilizing Procore AI. The company also noted strong customer momentum, with 115 customers spending over $1 million in ARR (up 34% year-over-year) and the addition of 3 new ENR 400 logos in Q4.
- Procore Technologies reported strong Q4 2025 revenue of $349 million, up 15.6% year-over-year, and a 15% non-GAAP operating margin. For the full year 2025, revenue grew 15% with a 14% non-GAAP operating margin, expanding 400 basis points year-over-year. The company also achieved its strongest free cash flow quarter at $90 million.
- For Fiscal Year 2026, Procore expects revenue between $1.489 billion and $1.494 billion, representing 13% year-over-year growth, and a non-GAAP operating margin of 17.5%-18%, implying 340-390 basis points of expansion. A 19% free cash flow margin is also projected.
- The company is accelerating its AI strategy with the acquisition of Datagrid, integrating it into Procore AI to drive efficiency in construction, with monetization expected through new bundles and consumption-based components.
- Under new CEO Ajei Gopal, Procore saw significant customer expansion, including adding three new ENR 400 logos and growing customers spending over $1 million in ARR by 34% year-over-year to 115. Procore for Government also achieved FedRAMP Moderate authorization, unlocking opportunities with federal and state government customers.
- Procore Technologies reported Q4 2025 revenue of $349 million, a 15.6% year-over-year increase, and a non-GAAP operating margin of 15%. For the full year 2025, revenue grew 15% with a 14% non-GAAP operating margin, representing a 400 basis point expansion.
- The company achieved its strongest free cash flow quarter in history in Q4 2025, generating $90 million, bringing the full-year free cash flow to $215 million, a 69% year-over-year growth, and a 16% free cash flow margin.
- Procore provided fiscal year 2026 guidance, expecting revenue between $1.489 billion and $1.494 billion (13% year-over-year growth), a non-GAAP operating margin of 17.5%-18%, and a free cash flow margin of 19%.
- The company is advancing its AI strategy with the tuck-in acquisition of Datagrid, aiming to accelerate its Procore AI offerings, which include agentic solutions designed to provide "digital coworkers" to address labor shortages in construction.
- Procore saw continued growth in its larger customer segments, with the number of customers spending more than $1 million in ARR increasing by 34% year-over-year to 115, and over 2,700 customers with 100K+ ARR.
- Procore Technologies reported Q4 2025 revenue of $349 million, an increase of 16% year-over-year, and full year 2025 revenue of $1,323 million, up 15% year-over-year.
- For the full year 2025, the company achieved a non-GAAP operating margin of 14% and a free cash inflow of $215 million, marking a 69% increase year-over-year.
- The number of organic customers contributing more than $100,000 in annual recurring revenue totaled 2,710 as of December 31, 2025, an increase of 16% year-over-year, and the net revenue retention rate for 2025 was 106%.
- Procore provided full year 2026 revenue guidance in the range of $1,489 million to $1,494 million, representing 13% year-over-year growth, with an expected non-GAAP operating margin of 17.5% to 18% and a free cash flow margin of 19%.
- The company also announced the acquisition of Datagrid to accelerate its AI strategy.
- Procore Technologies reported strong financial results for Q4 2025, with revenue of $349 million (up 16% year-over-year) and a non-GAAP operating margin of 15%. For the full year 2025, revenue reached $1,323 million (up 15% year-over-year), and free cash inflow increased by 69% year-over-year to $215 million.
- The company provided a positive outlook, projecting Q1 2026 revenue between $351 million and $353 million and full-year 2026 revenue in the range of $1,489 million to $1,494 million, with an expected full-year 2026 non-GAAP operating margin of 17.5% to 18%.
- Business highlights include a 16% year-over-year increase in organic customers contributing over $100,000 in annual recurring revenue, reaching 2,710, and a net revenue retention rate of 106% for 2025.
- Procore also announced the acquisition of Datagrid to enhance its AI strategy and appointed Ron Hovsepian to its Board of Directors.
- Procore for Government has achieved FedRAMP Moderate Authorization, enabling U.S. federal entities and their contractors to securely manage federal construction projects on its unified platform.
- This authorization ensures the solution is engineered for handling Controlled Unclassified Information (CUI) and supports Department of Defense contractors with Cybersecurity Maturity Model Certification (CMMC) Level 2 obligations.
- The public sector is expected to generate more than $520 billion in annual construction spending in 2025.
- This milestone reflects Procore's commitment to bringing innovation to the builders of critical infrastructure and empowering federal agencies with secure, modern tools.
- Procore Technologies, Inc. (NYSE: PCOR) acquired Datagrid in January 2026 to accelerate its AI strategy and deliver enhanced data connectivity for customers.
- This acquisition aims to eliminate data silos and automate complex workflows in the construction industry by providing connectivity to third-party data sources and unifying intelligence across the technology stack.
- Thiago da Costa, Datagrid's CEO, will join Procore to lead AI and data strategy.
- The financial terms of the deal were not disclosed.
- Procore Technologies reported Q3 2025 revenue of $339 million, a 14.5% year-over-year increase, and a non-GAAP operating margin of 17%.
- The company announced a leadership transition, with Ajay Gopal appointed as the new CEO, effective November 10th, while founder Tooey Courtemanche will transition to Chair of the Board.
- Procore raised its full-year fiscal 2025 guidance, projecting revenue between $1.312 billion and $1.314 billion (14% year-over-year growth) and a non-GAAP operating margin of 14%.
- A new $300 million share repurchase program was implemented, following $129 million in repurchases year-to-date.
- Procore Technologies reported Q3 2025 revenue of $339 million, an increase of 14.5% year over year, with non-GAAP operating income reaching $59 million for a 17% non-GAAP operating margin.
- The company announced that founder Tooey Courtemanche will transition from CEO to Chair of the Board, with Ajay Gopal appointed as the new CEO effective November 10th.
- Procore raised its full-year fiscal 2025 revenue guidance to between $1.312 billion and $1.314 billion (14% year-over-year growth) and its non-GAAP operating margin guidance to 14%.
- A new $300 million share repurchase program was implemented for a one-year period, following approximately $129 million in stock repurchases year-to-date.
- Procore reported strong Q3 2025 financial results, with revenue reaching $339 million, a 14.5% year-over-year increase, and a non-GAAP operating margin of 17%.
- Ajay Gopal will assume the role of CEO on November 10th, with the current CEO transitioning to Chair of the Board.
- The company raised its full-year 2025 revenue guidance to a range of $1.312 billion to $1.314 billion and its non-GAAP operating margin guidance to 14%.
- A new $300 million share repurchase program has been implemented.
- Procore achieved 31% year-over-year growth in six and seven-figure deals and surpassed $1 trillion in annual construction volume contracted to its platform, demonstrating strong market share gains despite a challenging construction macro environment.
Quarterly earnings call transcripts for PROCORE TECHNOLOGIES.
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