PROCORE TECHNOLOGIES, INC. (PCOR) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, PROCORE TECHNOLOGIES, INC.'s filing signal continuing positive.

Procore Technologies, Inc. is the leading global provider of construction management software, aiming to connect and empower all key stakeholders in the construction industry. Its cloud-based platform digitizes and modernizes construction management by facilitating collaboration, providing timely access to project information, and simplifying complex workflows. The company offers four integrated product categories--Preconstruction, Project Execution, Resource Management, and Financial Management--along with agentic AI capabilities and an App Marketplace for third-party integrations. Procore's business model relies on subscription-based revenue, typically priced based on the number of products and the annual construction volume managed on its platform, with an unlimited user approach to encourage widespread adoption. The company serves a diverse customer base, from small businesses to global enterprises, across residential and non-residential construction segments.

Procore generates substantially all of its revenue from subscriptions to access its products. Pricing is generally based on the number and mix of products a customer subscribes to and the fixed aggregate dollar volume of construction work contracted to run on its platform annually.