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PROCORE TECHNOLOGIES (PCOR)

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Earnings summaries and quarterly performance for PROCORE TECHNOLOGIES.

Research analysts who have asked questions during PROCORE TECHNOLOGIES earnings calls.

Jason Celino

Jason Celino

KeyBanc Capital Markets

6 questions for PCOR

Also covers: ADSK, AZPN, BSY +12 more
Saket Kalia

Saket Kalia

Barclays Capital

6 questions for PCOR

Also covers: ADBE, ADSK, ALRM +24 more
DH

David Hynes

Canaccord Genuity Group Inc.

4 questions for PCOR

Also covers: BIGC, BRZE, EVCM +17 more
Dylan Becker

Dylan Becker

William Blair

4 questions for PCOR

Also covers: AIOT, AZPN, BLND +16 more
AB

Adam Borg

Stifel Financial Corp.

3 questions for PCOR

Also covers: ADSK, CRWD, CYBR +7 more
Brent Bracelin

Brent Bracelin

Piper Sandler Companies

3 questions for PCOR

Also covers: ADBE, AMPL, ASAN +20 more
Brent Thill

Brent Thill

Jefferies

3 questions for PCOR

Also covers: ADBE, AMZN, ASAN +26 more
Joe Vruwink

Joe Vruwink

Baird

3 questions for PCOR

Also covers: ADSK, BSY, CDNS +11 more
Joseph Vruwink

Joseph Vruwink

Baird

3 questions for PCOR

Also covers: ADSK, ANSS, BSY +13 more
DJ

Daniel Jester

BMO Capital Markets

2 questions for PCOR

Also covers: ADP, BL, DAY +11 more
DH

DJ Hynes

Canaccord Genuity

2 questions for PCOR

Also covers: TTAN, ZETA
JT

Joshua Tilton

Wolfe Research

2 questions for PCOR

Also covers: ADSK, ALTR, BSY +17 more
Kash Rangan

Kash Rangan

Goldman Sachs

2 questions for PCOR

Also covers: ADBE, CRM, CRWV +18 more
KW

Ken Wong

Oppenheimer & Co. Inc.

2 questions for PCOR

Also covers: ADSK, ALTR, GDDY +9 more
MM

Matthew Martino

Goldman Sachs

2 questions for PCOR

Also covers: BSY, DDOG, DT +4 more
Will Hancock

Will Hancock

BMO Capital Markets

2 questions for PCOR

AG

Alexei Gogolev

JPMorgan Chase & Co.

1 question for PCOR

Also covers: ALKT, BABA, BSY +15 more
DC

Daniela Campo Gomez

UBS

1 question for PCOR

KW

Ken Wong

Oppenheimer & Co.

1 question for PCOR

Also covers: GWRE, SMWB, WIX
LS

Luv Sodha

Jefferies

1 question for PCOR

Also covers: DBX, ZUO
NA

Nicholas Altmann

Scotiabank

1 question for PCOR

Also covers: AMPL, APPN, BRZE +8 more
SK

Sameer Kalucha

Mizuho Securities

1 question for PCOR

SS

Samer Samana

Mizuho Securities

1 question for PCOR

Taylor McGinnis

Taylor McGinnis

UBS

1 question for PCOR

Also covers: ADSK, AMPL, ASAN +15 more

Recent press releases and 8-K filings for PCOR.

Procore for Government Achieves FedRAMP Moderate Authorization
PCOR
Product Launch
New Projects/Investments
  • 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.
Jan 29, 2026, 2:00 PM
Procore Acquires Datagrid
PCOR
M&A
New Projects/Investments
  • 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.
Jan 20, 2026, 2:00 PM
Procore Technologies Reports Strong Q3 2025 Results, Announces CEO Transition, and Raises Full-Year Guidance
PCOR
Earnings
CEO Change
Guidance Update
  • 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.
Nov 5, 2025, 10:00 PM
Procore Technologies Reports Q3 2025 Results and Announces CEO Transition
PCOR
Earnings
CEO Change
Guidance Update
  • 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.
Nov 5, 2025, 10:00 PM
PCOR Reports Strong Q3 2025 Results, Announces New CEO, and Raises Full-Year Guidance
PCOR
Earnings
CEO Change
Guidance Update
  • 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.
Nov 5, 2025, 10:00 PM
Procore Announces Third Quarter 2025 Results, Guidance, and New Stock Repurchase Program
PCOR
Earnings
Guidance Update
Share Buyback
CEO Change
  • Procore reported Q3 2025 revenue of $339 million, an increase of 15% year-over-year, with a non-GAAP operating margin of 17% and free cash inflow of $68 million, which increased 194% year-over-year.
  • The company issued Q4 2025 revenue guidance in the range of $339 million to $341 million and full-year 2025 revenue guidance between $1,312 million and $1,314 million.
  • Procore's Board of Directors authorized a new stock repurchase program on November 3, 2025, to repurchase up to $300 million of outstanding common stock, set to expire on November 3, 2026.
  • Ajei Gopal is scheduled to step into the CEO role next week.
Nov 5, 2025, 9:05 PM
Procore Announces Q3 2025 Financial Results, Guidance, and New Stock Repurchase Program
PCOR
Earnings
Guidance Update
Share Buyback
  • Procore Technologies, Inc. reported Q3 2025 revenue of $339 million, a 15% year-over-year increase, with a non-GAAP operating margin of 17% and free cash inflow of $68 million, marking a 194% year-over-year increase.
  • The company provided Q4 2025 revenue guidance in the range of $339 million to $341 million and full-year 2025 revenue guidance between $1,312 million and $1,314 million, with a full-year non-GAAP operating margin outlook of 14%.
  • Procore's Board of Directors authorized a new stock repurchase program of up to $300 million of common stock, which will expire on November 3, 2026.
  • Ajei Gopal is set to become the new CEO next week, succeeding Tooey Courtemanche.
Nov 5, 2025, 9:04 PM
Procore Details AI, Platform Investments, and Owner-Centric Strategy
PCOR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Procore is making significant platform investments in AI, rebranding its intelligence layer as Helix, which integrates AI-powered features like assist, agents, and advanced analytics, built on foundational technologies like Databricks' Delta share.
  • The company is strategically increasing its focus on the owner segment, which already accounts for 25% of its ARR. This includes expanding into the planning and operate phases of construction, offering solutions for portfolio management, planning, and funding, and exploring new monetization models like seat-based licensing.
  • Procore Connect is a key initiative to enhance collaboration between owners, general contractors, and subcontractors, facilitating seamless information exchange and creating a unique network effect within the construction industry.
  • Procore is also extending its platform capabilities through a Developer Studio, enabling custom objects, data integration, and advanced workflow orchestration, which is expected to open up a wide variety of use cases and increase extensibility for customers and partners.
Oct 16, 2025, 2:00 PM
PCOR Highlights Procore Helix AI Strategy and Owner Segment Growth
PCOR
Product Launch
New Projects/Investments
CEO Change
  • Procore held its 2025 Investor Q&A Session on October 16, 2025, where it highlighted Procore Helix, its construction intelligence layer comprising AI, analytics, and agentic workflows.
  • The company is prioritizing customer adoption of Procore Helix products, such as Assist (Generally Available) and Agents (In Open Beta), with monetization intended for the future after assessing value.
  • The "Owner" segment represents a significant portion of the business, contributing 25% of Total ARR from 3,200+ customers, including 34 owners with over $1M+ ARR.
  • Ajei Gopal has been named Chief Executive Officer Designate.
Oct 16, 2025, 2:00 PM
Procore Technologies Unveils Helix AI Platform and Strategic Focus on Owners Segment
PCOR
Product Launch
New Projects/Investments
  • Procore Technologies is launching Helix, an AI-powered intelligence platform that includes Assist, Agent Builder, and advanced analytics, with 2,000 customers and over 14,000 monthly active users already leveraging Helix Assist.
  • The company is making a significant bet on Developer Studio for platform extensibility, enabling custom objects, data ingestion, and advanced workflow orchestration, and introducing an Agent Marketplace to allow internal and partner-built agents to operate within the Procore platform.
  • Procore's owners' business is a key growth area, currently accounting for a quarter of its Annual Recurring Revenue (ARR) and serving over 3,000 owner customers, with plans to expand offerings into the planning and operations phases.
  • Monetization for the Helix platform will initially prioritize adoption, with future plans to implement a token or credit-based model across different customer tiers.
Oct 16, 2025, 2:00 PM