secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001628280-26-030125
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026030125/0001628280-26-030125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026030125/pcor-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-030125

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