Latest Procore News & Updates
See the latest news and media coverage for Procore. We track all announcements, press releases, and industry mentions in real time, all in one place.
Construction management software platform
procore.com- Headquarters
- Carpinteria, United States
- Company type
- Public company
- Number of employees
- 4,500–5,000
Last updated
Latest news about Procore
In short: Procore reported strong Q1 2026 financial results with $359 million in revenue and raised its full-year outlook while expanding its AI capabilities.
Company announcements
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Procore announces Q1 2026 financial results
Revenue reaches $359 million, up 16% year-over-year. Non-GAAP operating margin hits 17%. Raises full-year outlook. Free cash inflow grows 20% to $56 million.
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Procore introduces Safety Hub in open beta
It unifies observations, inspections, and incidents into a proactive command center for safety professionals across projects. Available now via Procore Explore.
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Procore announces Project Level Asset Register beta
It centralizes asset management, tracks lifecycles, integrates with workflows, and standardizes data across projects. Beta begins May 18.
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Procore launches Procore Connect
It synchronizes data across construction partners, eliminating silos with features like connected drawings and RFIs. Connected submittals enter open beta this April.
Media coverage
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Procore lifts 2026 outlook as AI sales push nears
Procore Technologies exceeded Q1 2026 expectations with 15.7% revenue growth, prompting it to raise full-year revenue and operating margin guidance. Management detailed rapid AI integration...
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Procore's AI push fuels growth but pressures margins
Procore Technologies posted 15.7% year-on-year revenue growth in Q1 2026, beating sales forecasts but missing profit estimates due to higher AI-related costs. Management highlighted strong...
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Procore, PennyMac and EnPro outline growth shifts despite mixed Q1 results
Procore, PennyMac and EnPro each reported Q1 2026 results that combined operational progress with strategic pivots aimed at sustaining growth. Procore is accelerating AI integration...
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Procore forecasts FY 2026 revenue of $1.499B-$1.503B while raising non-GAAP operating margin to 18%-18.5%
Q1 2026 Management view “Continuing our momentum from 2025, Q1 saw strong performance that exceeded the high end of our guidance,” said President, CEO ...
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