Business UpdateApr 26, 2026, 05:30 AM
PCOR 2025 Revenue $1.323B, FCF +70%; Strategic Acquisitions
AI Summary
PROCORE TECHNOLOGIES, INC. reported strong 2025 financial results with $1.323 billion in revenue, a 15% year-over-year increase, and free cash flow growing 70% to $217 million. The company expanded its offerings through acquisitions of Novorender, FlyPaper, and Datagrid, and achieved FedRAMP Moderate Authorization for its government solution. Procore is leveraging its extensive construction data and AI to drive efficiency. The company also announced its Annual Meeting on June 4, 2026, to elect directors, ratify auditors, and vote on executive compensation.
Key Highlights
- 2025 total revenue reached $1.323 billion, up 15% YoY.
- Free cash flow increased 70% YoY to $217 million.
- Non-GAAP operating margin expanded 400 bps to 14%.
- Acquired Novorender and FlyPaper to enhance BIM offerings.
- Acquired Datagrid in early 2026 to accelerate AI strategy.
- Achieved FedRAMP Moderate Authorization for government solution.
- Annual Meeting on June 4, 2026, to elect Class II directors.
- Stockholders to vote on auditor and executive compensation.