NYSE$PCOR
Procore Technologies Inc. · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Procore reported Q1 2025 total revenue of $310.6M with a net loss of $33.0M and diluted EPS of $(0.22).
Total revenue grew 15% to $310.6 million as construction management software adoption continued among general contractors and owners. Net loss was $33.0 million versus $11.0 million; diluted EPS was $(0.22). Gross margin expanded while sales and marketing spend increased.
- Q1 total revenue $310.6M (+15% YoY).
- Net loss $33.0M; diluted EPS $(0.22).
- Platform upsell and international expansion.
- Gross retention and net dollar retention in MD&A.
- Path to GAAP profitability still investment phase.
Headline financials
Revenue & EPS history
Procore · Revenue · Quarterly
$311M
Forward guidance
Procore updated full-year revenue growth and non-GAAP operating margin targets; focus on large enterprise GC wins and AI features.
Tailwinds
- Construction tech digitization tailwind.
- Land-and-expand within existing customers.
- International market early innings.
Headwinds
- Sales and marketing investment delaying profit.
- Construction cycle slowdown affecting seat growth.
- Competition from Autodesk and private rivals.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+0.4%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-0.5%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+16.5%
Q4 2024
Best reaction
-20.1%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.9% | -8.4% | -11.2% | |
| Q4 2025 | +9.3% | +10.8% | +19.4% | |
| Q3 2025 | +10.6% | +10.2% | +8.4% | |
| Q1 2025 | +2.5% | +2.0% | +6.3% | |
| Q4 2024 | +16.5% | +15.2% | -9.3% | |
| Q3 2024 | +3.5% | +5.0% | +28.0% | |
| Q2 2024 | -20.1% | -25.5% | -16.6% | |
| Q1 2024 | +1.2% | +0.1% | -1.9% | |
| Q4 2023 | +3.3% | +3.7% | +6.9% | |
| Q3 2023 | -17.4% | -16.9% | -1.2% | |
| Q2 2023 | -11.2% | -14.5% | -10.1% | |
| Q1 2023 | +4.8% | +2.3% | +16.7% | |
| Q4 2022 | +1.3% | +0.5% | -5.7% | |
| Q3 2022 | -1.7% | -3.9% | -5.7% | |
| Q2 2022 | +14.8% | +18.3% | -0.3% | |
| Q1 2022 | -5.9% | -15.1% | -14.9% | |
| Q4 2021 | -6.8% | +2.1% | -6.0% | |
| Q3 2021 | -1.5% | -1.7% | -17.5% | |
| Q4 2020 | +0.2% | -1.1% | +4.0% | |
| Q2 2021 | -1.2% | -6.5% | +1.0% | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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