Procore (PCOR) Q2 Revenue Jumps 14%

Procore Technologies (NYSE:PCOR), a provider of cloud-based software for the construction industry, released its Q2 FY2025 results on July 31, 2025. The company reported GAAP revenue of $323.9 million, above the analyst estimate of $312.4 million. However, profitability faced pressure as non-GAAP operating margin slipped to 13% from 18% in Q2 2024, and Free cash flow (non-GAAP) dropped significantly from $47 million in Q1 2025 to $11 million. While GAAP revenue growth outpaced internal and external forecasts, the quarter showed trade-offs as operating expenses expanded. Overall, the period was defined by strong customer momentum and product innovation, set against compressed margins and a cautious near-term outlook. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Procore Technologies develops cloud-based construction management software that connects project teams, owners, contractors, and specialty trades. Its platform addresses the fragmented and traditionally paper-based processes that dominate the construction sector. By digitizing project management, financials, and communication, it aims to improve collaboration and reduce risk for stakeholders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool