Welcome to our dedicated page for Procore Technologies news (Ticker: PCOR), a resource for investors and traders seeking the latest updates and insights on Procore Technologies stock.
Procore Technologies, Inc. provides cloud-based construction management software through a subscription SaaS platform for contractors, owners, and public-sector construction customers. News about PCOR commonly covers operating and financial results, annual recurring revenue trends, customer retention, guidance, and product updates across project management, resource management, project financials, analytics, BIM, and integrations.
Company updates also include AI and data initiatives, digital-twin and model-coordination integrations, FedRAMP-authorized Procore for Government, ecosystem partnerships such as telematics integrations, and leadership or board changes that affect governance and execution of the platform strategy.
Procore (NYSE:PCOR) launched a connected Common Data Environment (CDE) that unifies project data, workflows, BIM models and asset information on a single platform from approved design to handover. The trusted record is designed to support compliance and serve as a foundation for agentic AI across the construction lifecycle.
The expanded Procore AI experience embeds Datagrid intelligence to create agentic AI coworkers that can automate workflows such as RFIs and submittals, surface answers from project records, and link BIM, documents and field activity. The CDE is tailored for European standards and will first launch in the UK and Ireland.
Procore (NYSE:PCOR) announced an expanded Procore AI experience that embeds Datagrid’s multimodal intelligence directly into its construction management platform. The release introduces agentic AI “digital coworkers” with Actions and Triggers to execute workflows like submittals, RFIs, daily logs, deep search, and contract review in real time.
Datagrid is natively embedded and in private beta, with broader availability and additional AI capabilities expected beginning this summer on a purchasable basis. Existing Datagrid Pro and Enterprise offerings remain available under a credit-based pricing model.
Procore (NYSE: PCOR) reported Q1 2026 results for the period ended March 31, 2026. Revenue was $359 million, up 16% year‑over‑year. GAAP gross margin was 80% and GAAP operating margin was (4%). Free cash inflow was $56 million, up 20% year‑over‑year. The company repurchased ~1.8 million shares for ~$100 million and raised full‑year guidance to revenue $1,499–1,503 million with non‑GAAP operating margin 18%–18.5% and free cash flow margin expected at 19%.
Other highlights: 95% gross revenue retention, 2,795 customers with >$100k ARR, NVIDIA Omniverse integration, new board appointment, and a May 5 conference call.
Procore (NYSE: PCOR) announced the appointment of Vishal Misra to its Board of Directors on April 22, 2026. Misra is RKS Family Professor of Computer Science and Vice Dean of Computing and AI at Columbia University and is a serial technology founder.
The hire emphasizes Procore's focus on accelerating its AI-powered construction platform, citing Misra's academic leadership, entrepreneurial track record (Infinio, AskHereFirst, Cricinfo) and product innovation experience.
Procore (NYSE: PCOR) will report Q1 fiscal 2026 results before U.S. markets open on Tuesday, May 5, 2026. Management will host a pre-market conference call on the same day at 7:30 a.m. Central Time to discuss financial results and guidance.
Dial-in numbers: (800) 715-9871 (domestic) or +1 (646) 307-1963 (international); conference ID 6983077. A live webcast and archived replay will be available on Procore's Investor Relations site; registration is required to access the live event.
Procore (NYSE: PCOR) is integrating the Procore Platform with the NVIDIA Omniverse DSX Blueprint to create continuous 3D digital twins across construction lifecycles, targeting faster, safer delivery of AI factories and infrastructure. The integration syncs >15 BIM/CAD formats, adds SimPacks for physical behavior, and supports simulation-driven planning and safety.
Procore (NYSE: PCOR) announced leadership appointments: Rachel Pyles named Chief Financial Officer designate and Walt Hearn named Chief Revenue Officer designate, effective today, with both formally succeeding current officers on April 1, 2026. Current CFO Howard Fu and CRO Larry Stack will move into strategic advisory roles to support the transition.
The company also reaffirms first quarter fiscal 2026 and full-year fiscal 2026 guidance as previously disclosed in its February 12, 2026 earnings release.
United Rentals (NYSE: URI) and Procore (NYSE: PCOR) announced a strategic partnership and their first telematics integration on February 26, 2026. The integration syncs United Rentals telematics and rented-equipment records into Procore Resource Management, giving customers a unified view of equipment, labor and materials to improve planning, tracking and asset utilization.
The feature is available now to mutual customers via the Procore App Marketplace integration page.
Procore (NYSE: PCOR) reported Q4 2025 revenue of $349M (+16% YoY) and full‑year revenue of $1,323M (+15% YoY).
Q4 free cash inflow was $90M; FY free cash inflow was $215M (+69% YoY). GAAP operating margin remained negative while non‑GAAP margins improved. Company announced acquisition of Datagrid and achieved FedRAMP Moderate.
Procore (NYSE: PCOR) announced that Procore for Government achieved FedRAMP Moderate Authorization, enabling federal agencies and contractors to handle Controlled Unclassified Information (CUI) and support CMMC Level 2 obligations. The platform targets federal construction programs within a public-sector market exceeding $520 billion in annual spending.
Procore for Government offers a unified construction management platform with real-time visibility, automated compliance workflows, and audit-ready controls to reduce delays and budget overruns on federal infrastructure projects.