Procore Announces Second Quarter 2026 Financial Results
Procore reported Q2 revenue of $375 million, up 16% year-over-year, and achieved GAAP operating profitability for the first time with a 1% margin. Free cash flow generation increased 507% year-over-year to $65 million, driven by strong operating cash inflow of $88 million.
Key figures
- Eps
- 0.11
- Revenue
- $375 million
- Guidance
- Q3 2026 Revenue $382M-$384M; FY 2026 Revenue $1,510M-$1,514M; FY 2027 Non-GAAP operating margin 25%
- Revenue Yoy
- 16%
- Fcf
- $65 million
- Grr
- 95%
- Operating cash flow
- $88 million
- Customers gt 100k arr
- 2871
- Operating margin gaap
- 1%
- Operating margin non gaap
- 21%
AI analysis
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