Procore Technologies(NYSE) PCOR

Procore helps people in the construction industry work together using cloud-based software. The platform lets builders and owners manage projects from any phone or computer. This helps teams finish buildings on time and stay within their budgets.

What Tools Does Procore Provide?

• Project Execution: Tools for daily site management, safety compliance, and tracking project progress to ensure work is done correctly.
• Financial Management: Features that track project costs, manage invoices, and connect office budgets with real-time field data.
• Preconstruction: Software for planning, estimating costs, and choosing partners before building starts to reduce financial risks.
• Resource Management: Products used to schedule workers and track the productivity of labor and equipment on the jobsite.

Recent Business Moves

• Acquired Toric Labs, Inc. (known as Datagrid) in 2026 to add advanced artificial intelligence tools to the platform.
• Purchased Flypaper Technologies, Inc. in 2025 to improve Building Information Modeling, which creates 3D digital versions of construction sites.
• Bought Novorender AS in early 2025 to strengthen the company's 3D rendering and model-viewing technology.
• Integrated Intelliwave Technologies Inc. in 2024 to help customers better manage their construction materials and supplies.

Why Procore is Different

The platform uses an unlimited user model that lets customers invite all project partners to collaborate without paying extra fees per person. This strategy creates a large network of users and builds a massive dataset that helps the company develop new automated tools.

The Latest Financial Facts

• Revenue grew to $349 million in Q4 2025, a 15.6% increase compared to Q4 2024.
• Free cash flow rose to $90 million in Q4 2025, up from $347,000 in the same period a year earlier.
• Operating cash flow reached $113.5 million in Q4 2025, representing a 290.8% increase year-over-year.
• The number of large customers paying over $100,000 in annual recurring revenue grew 16% to reach 2,710 by the end of 2025.

Bottom Line

Procore has transitioned from a basic project tool into an integrated global platform for the entire construction lifecycle. By connecting field workers with office staff through a single system of record, the company continues to digitize the building industry.