Procore Technologies reported strong revenue growth, significant large deal activity, and successful innovation in AI and product offerings. Despite facing currency headwinds and a challenging macroeconomic environment, the company demonstrated resilience with substantial customer wins and global expansion. The sentiment of the call is positive, with an optimistic outlook for future growth and innovation.

Company Guidance -

Q3 2025

During Procore Technologies' FY '25 Q2 earnings call, the company reported a 14% year-over-year revenue growth and a non-GAAP operating margin increase to 13%. The number of large deals rose by 21% year-over-year, with over 2,500 customers contributing more than $100,000 in annual recurring revenue (ARR). The company also noted strong international revenue growth of 13% year-over-year, which would have been 16% on a constant currency basis, despite a 3% headwind from foreign exchange. Procore's current remaining performance obligation (RPO) grew by 21% year-over-year, while current deferred revenue increased by 13%. The company maintained its full-year revenue guidance at $1.299 billion to $1.302 billion, representing a 13% year-over-year growth, and projected a non-GAAP operating margin of between 13% and 13.5%. Procore highlighted its go-to-market transition success, evidenced by a shift in its expansion mix to 70-30 between volume expansion and product cross-sell, and cited an improvement in cross-selling, particularly with the adoption of its financial suite, as a key driver in its performance.

Strong Revenue Growth

Procore Technologies reported a 14% year-over-year revenue growth for Q2 2025, with total revenue reaching $324 million. Non-GAAP operating margins improved quarter-over-quarter to 13%.

Significant Large Deal Growth

The number of 6- and 7-figure deals grew by 21% year-over-year, contributing to more than 2,500 customers with over $100,000 in annual recurring revenue (ARR).

Innovation and Product Development

Procore introduced new AI capabilities, including Procore Helix, Assist, Agent Builder, and Developer Studio. New products and enhancements aim to transform workflows and improve industry standards.

Successful Customer Wins

New customers include Calpine Corporation and top design-build contractor Clayco, among others. These wins demonstrate Procore's ability to attract diverse clients and meet various industry needs.

Global Expansion

Procore achieved global expansion wins in Japan, UAE, and with organizations like Purdue University and a top ENR 600 specialty contractor.

FedRAMP In-Process Designation

Procore is now listed on the FedRAMP marketplace, enhancing its ability to serve federal markets and contributing to public sector opportunities.

Procore Technologies (PCOR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PCOR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.32 / -	0.24	―	―	―
Aug 01, 2025	2025 (Q2)	0.26 / 0.35	0.39	-10.26% (-0.04)	―
May 01, 2025	2025 (Q1)	0.18 / 0.23	0.3	-23.33% (-0.07)	―
Feb 13, 2025	2024 (Q4)	0.12 / 0.01	0.17	-94.12% (-0.16)	―
Oct 30, 2024	2024 (Q3)	0.22 / 0.24	0.09	166.67% (+0.15)	―
Aug 01, 2024	2024 (Q2)	0.25 / 0.39	0.02	1850.00% (+0.37)	―
May 01, 2024	2024 (Q1)	0.16 / 0.30	0.01	2900.00% (+0.29)	―
Feb 15, 2024	2023 (Q4)	0.07 / 0.17	-0.08	312.50% (+0.25)	―
Nov 01, 2023	2023 (Q3)	-0.05 / 0.09	-0.09	200.00% (+0.18)	―
Aug 02, 2023	2023 (Q2)	-0.09 / 0.02	-0.19	110.53% (+0.21)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PCOR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$62.04	$62.99	+1.53%
May 01, 2025	$63.21	$64.85	+2.59%
Feb 13, 2025	$75.10	$87.50	+16.51%
Oct 30, 2024	$62.65	$65.65	+4.79%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Procore Technologies (PCOR) report earnings?

Procore Technologies (PCOR) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Procore Technologies (PCOR) earnings time?

Procore Technologies (PCOR) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PCOR EPS forecast?

PCOR EPS forecast for the fiscal quarter 2025 (Q3) is 0.32.

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