Insights
Latest IR news and announcements for PROCORE TECHNOLOGIES, INC. (PCOR).
Procore Technologies announced the pricing of $825 million in convertible senior notes, upsized from $750 million. The proceeds will fund an acquisition and share repurchases, with the offering expected to close on August 6, 2026.
Procore Technologies plans to offer $750 million in convertible senior notes due 2031, with proceeds aimed at funding acquisitions, share repurchases, and general corporate purposes, subject to market conditions.
Procore Technologies has announced its acquisition of DroneDeploy for approximately $845 million. This acquisition aims to integrate DroneDeploy’s aerial and ground reality capture capabilities into Procore's platform, enhancing AI-powered insights and automation on construction sites.
Procore Technologies, Inc. reported a 16% revenue growth in Q2 2026, achieving GAAP operating profitability and strong cash flow generation. The company anticipates continued growth with an optimistic outlook for the upcoming quarters and fiscal years.
Procore Technologies, Inc. will report its Q2 fiscal year 2026 financial results on July 29, 2026, followed by a conference call on July 30, 2026, to discuss the results and financial guidance.
Procore Technologies introduces an enhanced AI experience with embedded Datagrid, enabling agentic AI to automate complex construction workflows. This innovation aims to improve efficiency and reduce manual tasks for project teams in the construction industry.
Procore Technologies, Inc. announced its first quarter 2026 financial results, showcasing a revenue increase of 16% year-over-year to $359 million and a positive outlook for the full year, driven by strong growth and operational improvements.
Procore Technologies, Inc. will report its first quarter fiscal year 2026 financial results on May 5, 2026, followed by a conference call to discuss the results and guidance.
Procore Technologies announced its Q4 and full year 2025 financial results, highlighting a 16% revenue increase in Q4 and a record free cash flow. The company anticipates continued growth driven by its AI strategy and operational efficiencies.
Procore Technologies will report its Q4 and full fiscal year 2025 earnings on February 12, 2026, followed by a conference call to discuss the results and financial guidance.
Procore Technologies has appointed Ron Hovsepian, a veteran technology leader, to its Board of Directors, enhancing its strategic growth capabilities. Brian Feinstein has stepped down from the board after over a decade of service.