secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2026-07-29T20:09:48+00:00
Accession:  0001628280-26-050615
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q2 revenue $375M (+16% YoY); achieves GAAP operating profitability
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- Revenue $375M, up 16% YoY; GAAP gross margin 80%, non-GAAP 84%.
- GAAP operating margin 1% (first GAAP profitable quarter); non-GAAP operating margin 21%.
- Operating cash flow $88M (+185% YoY); free cash flow $65M (+507% YoY).
- Basic shares outstanding 151.4M; diluted 152.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026050615/0001628280-26-050615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000162828026050615/pcor-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-050615

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