---
schema_version: "secwatch.filing_event.v1"
accession: "0001611052-23-000011"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:40:38.522381+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Procore Q3 revenue $248M (+33% YoY); returns to non-GAAP operating profitability

## Summary
- Revenue of $248M, up 33% YoY; GAAP gross margin 82%, non-GAAP 86%.
- GAAP operating margin (20%); non-GAAP operating margin 3%, marking return to profitability.
- Operating cash inflow $34M; free cash inflow $22M for Q3 2023.
- CEO cites challenging demand environment but highlights platform innovations and efficiency gains.

## SEC filing metadata
- accession: 0001611052-23-000011
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2023-11-01T23:59:59+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/1611052/000161105223000011/0001611052-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000161105223000011/pcor-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611052-23-000011
- JSON: https://secwatch.observer/filing/0001611052-23-000011.json
- Plain text: https://secwatch.observer/filing/0001611052-23-000011.txt

## Key facts
- Earnings Releases
  PROCORE TECHNOLOGIES, INC. reported the third quarter ended September 30, 2023 results: revenue $248 million.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $248 million
  - Result: reported results
  source text: Revenue was $248 million, an increase of 33% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000161105223000011/0001611052-23-000011-index.htm

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