---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-036354"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T14:05:20.806249+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Procore Q3 revenue $186M (+41% YoY); CRO Dennis Lyandres resigns as CRO

## Summary
- Revenue of $186M, up 41% YoY, including $8.5M from Levelset acquisition.
- GAAP gross margin 80%; non-GAAP gross margin 84%.
- GAAP operating margin (39%); non-GAAP operating margin (7%).
- Operating cash inflow $7M; free cash outflow $6M.
- CRO Dennis Lyandres resigned effective Oct 31, now Special Advisor to CEO.

## SEC filing metadata
- accession: 0001564590-22-036354
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/0001564590-22-036354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/pcor-8k_20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-036354
- JSON: https://secwatch.observer/filing/0001564590-22-036354.json
- Plain text: https://secwatch.observer/filing/0001564590-22-036354.txt

## Key facts
- Earnings Releases
  PROCORE TECHNOLOGIES, INC. reported the third quarter ended September 30, 2022 results: revenue $186 million.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $186 million
  - Result: reported results
  source text: Revenue was $186 million, an increase of 41% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/0001564590-22-036354-index.htm
- Executive change
  Dennis Lyandres resigned as Chief Revenue Officer at PROCORE TECHNOLOGIES, INC..
  - Action: resigned
  - Role: Chief Revenue Officer
  source text: Effective as of October 31, 2022, Dennis Lyandres resigned from his position as Chief Revenue Officer of the Company and transitioned to a new position as Special Advisor to the CEO
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/0001564590-22-036354-index.htm

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