---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-030125"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:23:36.617723+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Procore Q1 revenue $359M (+16% YoY) beats guidance, raises full-year outlook

## Summary
- Revenue $359M (+16% YoY); GAAP op margin (4%), non-GAAP 17%; free cash flow $56M (+20% YoY).
- Q1 results exceeded high end of guidance; full-year outlook raised.
- New CFO Rachel Pyles emphasizes focus on durable profitable growth and free cash flow per share.
- GAAP gross margin 80%; non-GAAP gross margin 84%.

## SEC filing metadata
- accession: 0001628280-26-030125
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000162828026030125/0001628280-26-030125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000162828026030125/pcor-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-030125
- JSON: https://secwatch.observer/filing/0001628280-26-030125.json
- Plain text: https://secwatch.observer/filing/0001628280-26-030125.txt

## Source-grounded claims
- claim_id: 362cb21a40e119bdadcd5cba2034193d948b85a1
  claim: PROCORE TECHNOLOGIES, INC. reported the fiscal quarter ended March 31, 2026 results: revenue $359 million. Guidance raised.
  evidence_excerpt: to deliver durable and profitable growth to ultimately compound our north star metric: free cash flow per share.” First Quarter 2026 Financial Highlights: • Revenue was $359 million, an increase of 16% year-over-year. • GAAP gross margin was 80% and non-GAAP gross margin was 84%. • GAAP operating margin was (4%) and non-GAAP operating margin was 17%. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000162828026030125/0001628280-26-030125-index.htm

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