Filing Flows › Procore Technologies (PCOR) › Q2 2026 › vs Q2 2025
Procore Technologies (PCOR) Q2 2026 vs Q2 2025 (year over year)
Procore Technologies's revenue rose $51.3M (+16%) from $324M in Q2 2025 to $375M in Q2 2026. Gross margin 79.9% against 79.1% (+0.8 pts).
Procore Technologies, Q2 2026: revenue $375M (+16% year over year), operating margin 1.2%, net earnings $16.9M, operating cash flow $87.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 79.9% | 79.1% | +0.8 pts |
| Operating margin | 1.2% | -9.3% | +10.5 pts |
| Net margin | 4.5% | -6.5% | +11.0 pts |
| Free cash flow margin | 17.2% | 3.3% | +13.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $375M | $324M | $51.3M | +16% |
| Gross profit | $300M | $256M | $43.6M | +17% |
| Cost of revenue | $75.4M | $67.7M | $7.7M | +11% |
| Other income, net | $10.8M | $8.8M | $2.1M | +24% |
| Operating profit | $4.3M | −$30.3M | $34.6M | — |
| Operating expenses | $295M | $286M | $9.0M | +3% |
| Pre-tax earnings | $15.2M | −$21.5M | $36.7M | — |
| Research & development | $93.3M | $88.9M | $4.4M | +5% |
| Sales & marketing | $146M | $142M | $3.9M | +3% |
| General & admin | $56.3M | $55.7M | $680K | +1% |
| Income tax benefit | $1.8M | $411K | $1.3M | +328% |
| Net earnings | $16.9M | −$21.1M | $38.0M | — |
| Depreciation & amortization | $30.8M | $27.2M | $3.6M | +13% |
| Share-based compensation | $56.8M | $55.6M | $1.2M | +2% |
| Working capital & other | $16.6M | $30.9M | −$14.3M | -46% |
| Operating cash flow | $87.9M | $30.8M | $57.0M | +185% |
| Free cash flow (company-reported) | $64.5M | $10.6M | $53.9M | +507% |
| Capitalized software development costs | $16.3M | $17.2M | −$897K | -5% |
| Purchases of property and equipment | $7.0M | $3.0M | $4.0M | +136% |
Questions
How much did Procore Technologies's revenue grow year over year in Q2 2026?
Procore Technologies's revenue rose $51.3M (+16%) from $324M in Q2 2025 to $375M in Q2 2026. Gross margin 79.9% against 79.1% (+0.8 pts).