---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-005393"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:18:23.235750+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Procore Q4 revenue $302M (+16% YoY); non-GAAP operating margin improves 800bp in FY24

## Summary
- Q4 revenue $302M (+16% YoY); full year revenue $1,152M (+21% YoY).
- GAAP gross margin 81% (Q4) and 82% (FY); non-GAAP gross margin 85% (Q4) and 86% (FY).
- GAAP operating margin -22% (Q4) vs -12% (FY); non-GAAP operating margin -1% (Q4) vs 10% (FY).
- Operating cash flow $29M (Q4) and $196M (FY); free cash flow $0.3M (Q4) and $128M (FY).
- CEO says topline exceeded expectations; CFO expects Q4 margin not indicative of FY25.

## SEC filing metadata
- accession: 0001628280-25-005393
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000162828025005393/0001628280-25-005393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000162828025005393/pcor-20250213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-005393
- JSON: https://secwatch.observer/filing/0001628280-25-005393.json
- Plain text: https://secwatch.observer/filing/0001628280-25-005393.txt

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