Highest-materiality recent filing
Procore Q1 revenue $359M (+16% YoY) beats guidance, raises full-year outlook
Revenue $359M (+16% YoY); GAAP op margin (4%), non-GAAP 17%; free cash flow $56M (+20% YoY).
Procore appoints AI professor Vishal Misra to Board of Directors; Board expands to 11
Appointed Dr. Vishal Misra as Class III director effective April 20, 2026; Board size increased from 10 to 11.
Rachel Pyles (ex-Ansys CFO) joins as CFO Designate effective March 10, 2026; becomes CFO and Treasurer April 1, 2026.
Procore Q4 revenue $349M (+16% YoY); record free cash flow $90M
Q4 revenue $349M (+16% YoY); full year 2025 revenue $1,323M (+15% YoY).
Procore CEO transition effective Nov 10; Courtemanche receives $3M PSU, $500K bonus
Craig Courtemanche resigned as President and CEO effective Nov 10, 2025, as part of planned CEO transition.
Procore Q3 revenue $339M (+15% YoY); CEO Tooey Courtemanche to be succeeded by Ajei Gopal
Revenue $339M (+15% YoY); GAAP gross margin 80%, non-GAAP 84%.
Dr. Ajei Gopal named CEO Designate effective Sept 22, 2025; will become President & CEO after Q3 2025 earnings (expected Nov 10, 2025).
Procore Q2 revenue $324M (+14% YoY); non-GAAP operating margin 13% and free cash inflow $11M
Revenue $324M, up 14% year-over-year.
Procore Q1 2025 revenue $311M (+15% YoY), positive free cash flow $47M
Revenue $311M, +15% YoY; GAAP gross margin 79%, non-GAAP 83%.
Procore CEO Tooey Courtemanche to step to Executive Chairman; successor search begins
Founder/CEO Tooey Courtemanche will become Executive Chairman once a successor is appointed.
Procore Q4 revenue $302M (+16% YoY); non-GAAP operating margin improves 800bp in FY24
Q4 revenue $302M (+16% YoY); full year revenue $1,152M (+21% YoY).
$300M stock repurchase authorization over 1 year; ~3% of market cap as of Nov 15, 2024.
Procore Q3 revenue $296M (+19% YoY); non-GAAP operating margin 9%
Revenue $296M, up 19% year-over-year.
Procore Q2 revenue $284M (+24% YoY); non-GAAP op margin 17.6%, a record
Revenue of $284M, up 24% year-over-year.
Procore Q1 revenue $269M (+26% YoY); non-GAAP operating margin 14%
Revenue of $269M, up 26% year-over-year.
Procore Q4 revenue $260M (+29% YoY), full year $950M (+32%), ARR surpasses $1B
Revenue $260M in Q4, up 29% YoY; full year revenue $950M, up 32%.
On March 10, 2025, Procore Technologies, Inc. (the “Company”) announced that its Founder, President and Chief Executive Officer, Tooey Courtemanche, intends to transition to Executive Chairman upon the appointment of a successor.
Max materiality 0.80 · Median 0.65 · Most common event earnings