Revenue Growth
Procore Technologies reported a 15% year-over-year revenue growth in Q1 2025, reaching $311 million.
Increase in Non-GAAP Operating Margins
Non-GAAP operating margins increased quarter-over-quarter to 10%.
Customer Milestone
Procore now has over 2,400 customers contributing more than $100,000 in annual recurring revenue (ARR).
International Revenue Growth
International revenue grew 18% year-over-year, with a constant currency growth of 20%.
New Customer Acquisitions
Procore added notable customers like Workday, a major social media platform, and the Iowa Army National Guard.
AI and Product Innovation
Procore is developing AI agents to enhance productivity and reduce risk, with a focus on customer feedback.