{"schema_version":"secwatch.filing_event.v1","accession":"0001611052-24-000036","form_type":"8-K","ticker":"PCOR","cik":"0001611052","company_name":"PROCORE TECHNOLOGIES, INC.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.805706+00:00","generated_at":"2026-06-06T01:16:29.535949+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Procore Q4 revenue $260M (+29% YoY), full year $950M (+32%), ARR surpasses $1B","bullets":["Revenue $260M in Q4, up 29% YoY; full year revenue $950M, up 32%.","GAAP operating margin improved to (14%) in Q4 from (23%) full year; non-GAAP operating margin 7%.","Operating cash inflow $41M in Q4, free cash inflow $29M; full year operating cash $92M, free cash $47M.","Surpassed $1B in total annual recurring revenue (ARR) in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001611052-24-000036","json":"https://secwatch.observer/filing/0001611052-24-000036.json","markdown":"https://secwatch.observer/filing/0001611052-24-000036.md","text":"https://secwatch.observer/filing/0001611052-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611052/000161105224000036/0001611052-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611052/000161105224000036/pcor-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:16:29.535949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d47919d1345872eee410007c584b7a9de28de807","claim":"PROCORE TECHNOLOGIES, INC. reported the fiscal quarter and year ended December 31, 2023 results: revenue $260 million.","evidence_excerpt":"resulted in significant margin improvement in 2023, setting a strong foundation for our next phase of efficient growth.” Fourth Quarter 2023 Financial Highlights: • Revenue was $260 million, an increase of 29% year-over-year. • GAAP gross margin was 82% and non-GAAP gross margin was 85%. • GAAP operating margin was (14%) and non-GAAP operating margin was 7%. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1611052/000161105224000036/0001611052-24-000036-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$260 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}