---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019598"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:52:18.354768+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Procore Q1 revenue $269M (+26% YoY); non-GAAP operating margin 14%

## Summary
- Revenue of $269M, up 26% year-over-year.
- GAAP gross margin 83%; non-GAAP gross margin 86%.
- GAAP operating margin (7%); non-GAAP operating margin 14%.
- Operating cash inflow $69M; free cash inflow $58M for Q1.

## SEC filing metadata
- accession: 0001628280-24-019598
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000162828024019598/0001628280-24-019598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000162828024019598/pcor-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019598
- JSON: https://secwatch.observer/filing/0001628280-24-019598.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019598.txt

## Key facts
- Earnings Releases
  PROCORE TECHNOLOGIES, INC. reported fiscal quarter ended March 31, 2024 results: revenue $269 million.
  - Period: fiscal quarter ended March 31, 2024
  - Revenue: $269 million
  - Result: reported results
  source text: focused on continuing to improve our operating leverage while executing on the long-term growth opportunity ahead of us.” First Quarter 2024 Financial Highlights: • Revenue was $269 million, an increase of 26% year-over-year. • GAAP gross margin was 83% and non-GAAP gross margin was 86%. • GAAP operating margin was (7%) and non-GAAP operating margin was 14%. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000162828024019598/0001628280-24-019598-index.htm

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