Procore Technologies Inc. reported fourth quarter (Q4) 2025 revenue of USD 349 million, reflecting a 16% year-over-year increase. GAAP gross margin for the quarter was 80%, while non-GAAP gross margin stood at 84%. The company recorded a GAAP operating margin of negative 12% and a non-GAAP operating margin of 15% for the period. Operating cash inflow for Q4 2025 was USD 114 million, and free cash inflow was USD 90 million. For the full year 2025, operating cash inflow totaled USD 299 million, and free cash inflow reached USD 215 million, representing a 69% year-over-year increase. Procore Technologies Inc. reported that the number of organic customers contributing more than USD 100,000 of annual recurring revenue totaled 2,710 as of December 31, 2025, a 16% increase year-over-year. The number of organic customers contributing more than USD 1 million of annual recurring revenue reached 115, up 34% year-over-year. Management highlighted strong momentum entering 2026, emphasizing Procore Technologies Inc.'s position to capitalize on artificial intelligence as a catalyst for efficiency gains in construction management.

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