Procore Technologies, Inc. (PCOR) Q4 2025 Earnings Call Transcript
Procore Technologies (PCOR) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.01 per share a year ago.
Procore Technologies remains a Buy, with long-term growth potential despite macro headwinds and a CEO transition. PCOR's AI platform Helix, now with 2,000 customers and 14,000 MAUs, is expected to drive future monetization and operational efficiencies. Q3 2025 revenue grew 15% YoY to $339M, with strong 80% gross margins and customer retention at 95%, but operating losses persist.
Procore Technologies (PCOR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Procore Technologies, Inc. ( PCOR ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Alexandra Geller - Head of Investor Relations Craig Courtemanche - Founder, Chairman, CEO & President Matthew Puljiz - Senior Vice President of Finance Conference Call Participants David Hynes - Canaccord Genuity Corp., Research Division Matthew Martino - Goldman Sachs Group, Inc., Research Division Brent Thill - Jefferies LLC, Research Division Saket Kalia - Barclays Bank PLC, Research Division Jason Celino - KeyBanc Capital Markets Inc., Research Division Joseph Vruwink - Robert W. Baird & Co. Incorporated, Research Division Joshua Tilton - Wolfe Research, LLC Hoi-Fung Wong - Oppenheimer & Co. Inc., Research Division Will Hancock - BMO Capital Markets Equity Research Presentation Operator Hello, and welcome to the Procore Technologies, Inc. Q3 2025 Earnings Call.
Procore Technologies (PCOR) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.24 per share a year ago.
Procore is a leader in construction management software, with significant growth potential as industry digitization remains low and new AI-driven products are launched. PCOR is targeting substantial margin expansion and cross-sell opportunities, with recent bookings and cross-sell metrics showing strong momentum despite macro headwinds in construction. A new CEO, Ajai Gopal, brings a track record of tech-driven growth and M&A and is expected to accelerate innovation, margin improvement, and potentially reposition the company for acquisition.
Procore Technologies (PCOR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Procore Technologies (PCOR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Procore Technologies, Inc. (NYSE:PCOR ) Shareholder/Analyst Call October 16, 2025 10:00 AM EDT Company Participants Alexandra Geller Steven Davis - President of Product & Technology Craig Courtemanche - Founder, Chairman, CEO & President Geoff Lewis Ajei Gopal Conference Call Participants Jason Celino - KeyBanc Capital Markets Inc., Research Division Adam Borg - Stifel, Nicolaus & Company, Incorporated, Research Division David Hynes - Canaccord Genuity Corp., Research Division Joseph Vruwink - Robert W. Baird & Co. Incorporated, Research Division Dylan Becker - William Blair & Company L.L.C.
I normally dislike companies that resemble adult children who remain mired in the parent's basements. In business terms, this refers to companies with negative operating margins. Such companies are that way because they generally struggle to cover fixed costs. Put another way, they haven't yet reached the business equivalent of adulthood. But Procore (PCOR) is the sort of “basement kid” I can love. I see a clear and credible path to achieving operating profitability, and then some.
Procore Technologies, Inc. (NYSE:PCOR ) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Alexandra Geller - Corporate Participant Craig F. Courtemanche - Founder, Chairman, CEO & President Howard Fu - CFO & Treasurer Conference Call Participants Daniel William Jester - BMO Capital Markets Equity Research David E.