secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001628280-26-007662
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q4 revenue $349M (+16% YoY); record free cash flow $90M
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- Q4 revenue $349M (+16% YoY); full year 2025 revenue $1,323M (+15% YoY).
- Q4 free cash flow $90M (record); full year free cash flow $215M, up 69% YoY.
- Non-GAAP operating margin 15% in Q4 and 14% for full year; GAAP operating margins were (12%) and (9%).
- Stock-based compensation was 23% of revenue, including a one-time charge from former CEO transition; excluding it, 17%.
- GAAP gross margin 80%, non-GAAP 84% for both Q4 and full year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026007662/0001628280-26-007662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026007662/pcor-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007662

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