Filing Flows › Procore Technologies (PCOR) › Q3 2026
Procore Technologies (PCOR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Procore Technologies (PCOR) reported revenue of $402M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +7% from the quarter before. Operating margin was -1.8%, net loss $4.6M (1.1% of revenue).
Procore Technologies, Q3 2026: revenue $402M (+19% year over year), operating margin -1.8%, net loss $4.6M, operating cash flow $95.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $402M | +7% | +19% |
| Operating profit | −$7.2M | -266% | — |
| Net earnings | −$4.6M | -127% | — |
| Operating cash flow | $95.7M | +9% | +8% |
| Free cash flow | $73.0M | — | +8% |
What changed
Revenue was $402.3M in Q3 2026, up 19% year over year and up 7% from the previous quarter.
Gross margin was 80.4%, up 0.7 points from Q3 2025. Operating costs exceeded revenue by $7.2M, an operating margin of -1.8%. Operating expenses grew 16% against revenue growth of 19%. The fastest-growing cost line was General & admin (+37%). The quarter ended with a net loss of $4.6M, after a profit of $16.9M the previous quarter. Non-operating items added $3.5M, -95% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $95.7M (up 8% year over year). Non-cash charges added back $33.5M of depreciation and amortization and $58.6M of share-based compensation. Working capital and other items added $8.2M. After capitalized software development costs ($18.6M) and purchases of property and equipment ($4.1M), free cash flow as the company reports it was $73.0M.
Questions
What was Procore Technologies' revenue in the third quarter 2026?
Procore Technologies (PCOR) reported revenue of $402M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +7% from the quarter before.
Was Procore Technologies profitable in the third quarter 2026?
Operating loss was $7.2M (-1.8% of revenue) and net loss $4.6M.