---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017844"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:44:26.960960+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Procore Q1 revenue $160M (+40% YoY), GAAP net loss $0.44/sh, guides Q2 $162-164M

## Summary
- Revenue $160M, up 40% YoY, including $7M from Levelset acquisition.
- GAAP gross margin 79%, non-GAAP 84%; GAAP operating margin (45%), non-GAAP (12%).
- GAAP net loss $63.7M ($0.44/sh); non-GAAP net loss ($0.10/sh).
- Operating cash flow $10M; free cash outflow $5M in Q1.
- Q2 revenue guidance $162-164M; FY 2022 revenue guidance $671-677M.

## SEC filing metadata
- accession: 0001564590-22-017844
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000156459022017844/0001564590-22-017844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000156459022017844/pcor-8k_20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017844
- JSON: https://secwatch.observer/filing/0001564590-22-017844.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017844.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.