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) 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.
Procore (NYSE: PCOR) will report fourth quarter and full fiscal year 2025 financial results after U.S. market close on Thursday, February 12, 2026. The company will host a conference call the same day at 2:00 p.m. Pacific Time to discuss results and guidance. Participants can dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international) using conference ID 039517. A live webcast and an archived replay will be available on Procore’s Investor Relations website; registration is required to access the live event.
Procore (NYSE: PCOR) completed the acquisition of Datagrid in January 2026 to accelerate its AI strategy and expand data connectivity across the construction ecosystem. The deal unites Procore’s platform with Datagrid’s advanced reasoning, deep search, and multi-source data connectivity to reduce data silos and automate workflows such as submittal reviews and RFI drafting.
Datagrid products will be offered to Procore and non-Procore customers, and Datagrid CEO Thiago da Costa will join Procore to lead AI and data strategy. Financial terms were not disclosed.
Procore Technologies (NYSE: PCOR) Founder and Chairman Tooey Courtemanche will deliver the keynote at the Building for Tomorrow Summit in a fireside chat with George Guszcza, CEO of the National Institute of Building Sciences.
The summit focuses on resilience, sustainability, and long-term viability of America's built environment across water, energy, communications, transportation, and building systems. Courtemanche's keynote is scheduled for Wednesday, January 28 at 8:30 a.m. and will open two days of strategic sessions, workshops, and public–private dialogue aimed at translating disaster lessons into infrastructure reform.
Procore (NYSE: PCOR) reported Q3 2025 revenue of $339 million, up 15% YoY, with GAAP gross margin 80% and non-GAAP gross margin 84%. GAAP operating margin was (4%) while non-GAAP operating margin was 17%. Q3 operating cash inflow was $88 million and free cash inflow was $68 million, a 194% YoY increase. Procore added 122 net new organic customers and has 2,602 customers with >$100k ARR (up 15% YoY). Management provided Q4 2025 revenue guidance of $339M–$341M (12%–13% growth) and full‑year 2025 revenue guidance of $1,312M–$1,314M (14% growth). Board authorized a $300 million stock repurchase program through Nov 3, 2026.
Procore (NYSE: PCOR) and Dodge Construction Network released a study showing project management software drives measurable operational and financial gains when users are highly skilled. The survey of >1,100 owners and contractors found 83% of high-skill adopters report overhead reductions of ≥5% and 77% report increased profit margins (median +4 percentage points). High-skill users also report leadership productivity gains (77%), project-delay reductions (median ≥5 days, 76%), and stronger cash flow and quality outcomes for owners (83% cash-flow improvement; 88% meet/exceed quality benchmarks).
The report highlights immediate benefits for all adopters but shows benefit realization ranges from 31%–66% for lower-skilled users versus >80% for top-skilled users.
Procore (NYSE: PCOR) will report Q3 fiscal 2025 financial results after U.S. markets close on Wednesday, November 5, 2025.
The company will host a conference call on November 5, 2025 at 2:00 p.m. Pacific Time to discuss its financial results and guidance. Domestic dial-in is +1 833 470 1428, international dial-in is +1 404 975 4839, and the conference ID is 443159. A live webcast and replay will be available on Procore’s Investor Relations site at investors.procore.com.