Business
Procore Announces Fourth Quarter and Full Year 2025 Financial Results
CARPINTERIA, Calif., February 12, 2026--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2025.
About this update from Procore Technologies, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2373,"height":455,"url":"https://media.zenfs.com/en/business-wire.com/4c58390bd40bbb46c9908e69f87818c3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/DtQ8iZ76qUHm53iBHnXfuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE4NDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/4c58390bd40bbb46c9908e69f87818c3","width":960,"height":184},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/hk2dAE22TNSVqkTcz8woTw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD00NjA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/4c58390bd40bbb46c9908e69f87818c3","width":1200,"height":230}},"lazy":false},{"type":"text","content":"CARPINTERIA, Calif., February 12, 2026--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2025.","length":258,"tagName":"p"},{"type":"text","content":""We closed out a strong year with exceptional Q4 results," said Ajei Gopal, President and CEO of Procore. "Procore has built an incredible franchise with amazing technology. We believe AI stands to be the next meaningful catalyst for our industry and that Procore is strongly positioned to be an AI winner as we drive immense efficiency gains across our customers and the entire construction lifecycle."","length":423,"tagName":"p"},{"type":"text","content":""I am proud of our Q4 performance, which delivered consistent revenue growth and the largest free cash flow quarter in the company’s history," said Howard Fu, CFO of Procore. "We enter 2026 with strong momentum and we are committed to driving durable growth and strong per share improvements over the long-term."","length":332,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2025 Financial Highlights:","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $349 million, an increase of 16% year-over-year.","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP gross margin was 80% and non-GAAP gross margin was 84%.","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP operating margin was (12%) and non-G...