secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001628280-25-021517
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q1 2025 revenue $311M (+15% YoY), positive free cash flow $47M
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- Revenue $311M, +15% YoY; GAAP gross margin 79%, non-GAAP 83%.
- GAAP operating margin (12%); non-GAAP operating margin 10%.
- Operating cash inflow $66M; free cash inflow $47M in Q1.
- CEO cites measurable ROI for customers; CFO confident in 2025 guidance despite tariff uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000162828025021517/0001628280-25-021517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000162828025021517/pcor-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-021517

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer