Procore Technologies, Inc. (PCOR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

welcome to the Procore Technologies Inc Q3 2025 earnings call. My name is Alex and I'll be coordinating today's call. If you'd like to ask a question at the end of the presentation, please press star followed by one on your telephone keypad. I'll now hand it over to Alexandra Geller, head of IR to begin. Please go ahead. Good afternoon and welcome to Procore's 2025 third quarter earnings call. I'm Alexandra Geller, head of investor relations. Before I begin today's call, I wanted to share that Howard Fu, our CFO, is unexpectedly out of the country attending to a sudden family emergency and will not be joining today's earnings call. For that reason, with me today are Thuy Quarmanche, Founder, President, and CEO, and Matthew Pughi, Senior Vice President of Finance, who will be joining in Howard's place on a one-time basis. You will hear from Howard again soon. Further disclosure of our results can be found in our press release issued today, which is available on the investor relations section of our website and our periodic reports filed with the SEC. Today's call is being recorded and a replay will be available following the conclusion of the call. Comments made on this call include forward-looking statements regarding, among other things, our financial outlook, go-to-market model, CEO transition, platform and products, customer demand, operations, stock repurchase program, and macroeconomic and geopolitical conditions. You should not rely on forward-looking statements as predictions of future events. All forward-looking statements are subject to risks, uncertainties, and assumptions, and are based on management's current expectations and views as of today, November 5th, 2025. Procore undertakes no obligation to update any forward-looking statements to reflect new inf...