Procore Reports Strong Q3 Revenue Growth and 95% Gross Retention Rate
Procore Technologies Inc. announced its financial results for the third quarter ended September 30, 2025. The company reported a gross revenue retention rate of 95% for the quarter. The number of organic customers contributing more than $100,000 in annual recurring revenue reached 2,602, representing a 15% year-over-year increase. Procore added 122 net new organic customers during the quarter, bringing the total to 17,623 organic customers. The company also highlighted new AI innovations, including expanded features for Procore Assist and the open beta release for Procore Agent Builder, as well as a strategic collaboration agreement with AWS to accelerate AI product innovation and make Procore available in the AWS Marketplace. Procore achieved the Federal Risk and Authorization Management Program (FedRAMP®) "Moderate Equivalency" designation during the quarter.
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