Procore Announces Third Quarter 2026 Financial Results
Procore reported Q3 2026 revenue of $402 million, up 19% year-over-year, with revenue and margins above the high end of guidance. Non-GAAP operating margin was 23% and free cash flow was $73 million, up 8% YoY; GAAP net loss narrowed to $0.03 per share. Management raised full-year revenue guidance to $1,557M-$1,559M and guided FY27 non-GAAP operating margin to 25%.
Key figures
- Revenue
- 402313000
- Guidance
- Q4 2026 revenue $420M-$422M (20.3%-20.9% YoY, incl. $19M DroneDeploy), non-GAAP operating margin 15.5%-16.0%; FY26 revenue $1,557.0M-$1,559.0M (17.7%-17.9% YoY), non-GAAP operating margin 19.0%-19.5%, FCF margin 18.0% (19.5% ex one-time items); FY27 non-GAAP operating margin 25%
- Revenue Yoy
- 19%
- Fcf
- 73000000
- Rpo total
- 1809713000
- Gaap gross margin
- 80%
- Operating cash flow
- 96000000
- Non gaap diluted eps
- 0.51
- Buyback authorization
- $300 million
- Gaap operating margin
- (2%)
- Non gaap gross margin
- 84%
- Customers over 100k arr
- 2968
- Gross revenue retention
- 95%
- Non gaap operating margin
- 23%
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.