NYSE$PCOR

Procore Technologies Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Procore Technologies Inc. reported revenue of $375.2 million and net income of $16.9 million for the second quarter of 2026.

Procore reported Q2 2026 revenue of $375.2 million, up 16% year-over-year, with net income of $16.9 million compared to a net loss in the prior year. Operating income was $4.3 million and gross margin was 80%. The company continued to expand its customer base and platform capabilities through acquisitions.

  • Revenue grew 16% year-over-year to $375.2 million, driven primarily by existing customers.
  • Net income reached $16.9 million versus a net loss of $21.1 million in Q2 2025.
  • US revenue represented 84% of total revenue at $316.6 million.
  • Operating cash flow for the first half of 2026 was $164.6 million.

Headline financials

Total Revenue

$324M

Previous: $284M+13.9%
EPS (adj)

$0.11

Previous: -$0.04+375.0%
Capital Expenditures

-$7.01M

Previous: -$3.96M-76.8%
Net Income

-$21.1M

Previous: -$6.31M-234.2%
Operating Income

-$30.3M

Previous: -$14.8M-104.8%
Gross Profit

$256M

Previous: $236M+8.4%
Cash & Equivalents

$324M

No prior period

Revenue & EPS history

Procore · Revenue · Quarterly

$324M

Q2 2025+13.9%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
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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