Procore Technologies Inc Stock Price, News & Analysis

Procore (NYSE: PCOR) and Dodge Construction Network released a study showing project management software drives measurable operational and financial gains when users are highly skilled. The survey of >1,100 owners and contractors found 83% of high-skill adopters report overhead reductions of ≥5% and 77% report increased profit margins (median +4 percentage points). High-skill users also report leadership productivity gains (77%), project-delay reductions (median ≥5 days, 76%), and stronger cash flow and quality outcomes for owners (83% cash-flow improvement; 88% meet/exceed quality benchmarks).

The report highlights immediate benefits for all adopters but shows benefit realization ranges from 31%–66% for lower-skilled users versus >80% for top-skilled users.

Procore (NYSE: PCOR) will report Q3 fiscal 2025 financial results after U.S. markets close on Wednesday, November 5, 2025.

The company will host a conference call on November 5, 2025 at 2:00 p.m. Pacific Time to discuss its financial results and guidance. Domestic dial-in is +1 833 470 1428, international dial-in is +1 404 975 4839, and the conference ID is 443159. A live webcast and replay will be available on Procore’s Investor Relations site at investors.procore.com.

Procore (NYSE: PCOR) on October 15, 2025 announced new AI capabilities built into its Procore Helix intelligence layer at Groundbreak 2025.

Key launches include enhanced Procore Assist with Photo AI, multilingual support (Spanish and Polish), and mobile search/voice features, plus Procore Agent Builder entering open beta and available to all customers to create custom AI agents (e.g., RFI Creation Agent and Daily Log Agent) that automate workflows and speed document search from days to seconds.

The company positions these features to reduce delays, improve jobsite reporting, and deliver integrated AI without separate integrations.

Procore Technologies (NYSE:PCOR), the leading global provider of construction management software, has announced the appointment of Ajei Gopal as its new Chief Executive Officer, effective November 10, 2025. Gopal will succeed founder Tooey Courtemanche, who will transition to Chair of the Board of Directors.

Gopal brings over 35 years of technology leadership experience, most notably as President and CEO of Ansys from 2017 to 2025, where he led the company to triple its revenue and nearly quadruple its market value. Under his leadership, Ansys joined the S&P 500 and NASDAQ 100, culminating in a $35 billion acquisition by Synopsys.

The company has reaffirmed its Q3 and full-year fiscal 2025 financial guidance previously announced on July 31, 2025.

Procore Technologies (NYSE: PCOR) has announced a multi-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The partnership aims to accelerate AI development and improve construction project outcomes through joint product innovation and go-to-market activities.

Key developments include Procore's platform availability on AWS Marketplace in North America and Europe, and the integration of Amazon Bedrock large language models to power Procore's AI agents. The collaboration will enhance document analytics, task automation, and intelligent assistance capabilities to streamline project delivery and reduce risk in construction management.

Construction industry leader Balfour Beatty has already embraced this partnership to digitize their construction management process, leveraging real-time data and project analytics for improved decision-making.

Procore Technologies (NYSE:PCOR), a construction management software provider, reported its Q2 2025 financial results. Revenue reached $324 million, up 14% year-over-year, with a non-GAAP gross margin of 83%. The company achieved a 95% gross revenue retention rate and added 195 net new organic customers, reaching 17,501 total.

Notable highlights include the acquisitions of Novorender and Flypaper Technologies to strengthen BIM capabilities, and achieving FedRAMP "In Process" designation. For Q3 2025, Procore expects revenue between $326-328 million (10-11% YoY growth) and projects full-year 2025 revenue of $1,299-1,302 million (13% growth) with non-GAAP operating margin of 13-13.5%.

Procore Technologies (NYSE: PCOR) has achieved FedRAMP "In Process" designation, marking a significant step toward obtaining FedRAMP Moderate authorization. The company's upcoming Procore for Government platform will provide a FedRAMP Moderate authorized environment for core solutions including Project Execution, Financial Management, and Reporting and Analytics.

This development strengthens Procore's position in serving U.S. public sector agencies and their contractors, particularly for major infrastructure projects. The platform will support contractors in meeting Cybersecurity Maturity Model Certification (CMMC) Level 2 requirements and enable collaboration across entire project lifecycles.

Procore Technologies (NYSE: PCOR), a leading construction management software provider, has scheduled its second quarter fiscal year 2025 earnings conference call for Thursday, July 31, 2025 at 2:00 p.m. Pacific Time. The financial results will be released after U.S. markets close on the same day.

Investors can access the call via phone using the dial-in numbers +1 833 470 1428 (domestic) or +1 404 975 4839 (international) with conference ID 510782. A live webcast will be available on Procore's Investor Relations website, with a replay archived for later viewing.

Procore Technologies (NYSE: PCOR) has announced two strategic acquisitions to enhance its Building Information Modeling (BIM) capabilities. The company acquired Novorender, a Norwegian 3D model viewer and BIM platform founded in 2016, known for processing and combining models 25x faster than industry standards. Additionally, Procore acquired FlyPaper Technologies, makers of the Navisworks plugin Sherlock, to integrate automated 3D design coordination and clash detection capabilities.

These acquisitions aim to address the growing BIM adoption driven by European government mandates and increasing global megaprojects. The integration will enable Procore to provide enhanced visibility into complex BIM models, streamline coordination, and connect BIM data across its platform, ultimately improving construction management efficiency for contractors and owners.