Procore Tech Q3 Results: Record Revenue, New Leadership
Update: 2025-11-06
Description
Procore Technologies, a construction software provider, reported impressive Q3 2025 results, surpassing Wall Streets revenue expectations with a 14.5% year-over-year increase. The companys non-GAAP profit per share also exceeded estimates. Procores success is attributed to its unified construction platform and improved market strategies, leading to a rise in large deals with data center operators and healthcare organizations. The companys CEO, Craig Courtemanche, highlighted market share gains and over one trillion dollars in annual construction volume managed through their platform globally. Procore plans to introduce new AI and resource management innovations, leverage new CEO Ajei Gopals experience, and balance profitability with growth investments.
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