Procore Technologies, a formidable leader in the construction management software sector, has unveiled its impressive financial performance for the second quarter of 2025, signaling a period of sustained business growth and strategic advancement. These latest Procore Earnings underscore the company’s robust market position and its ongoing commitment to innovation within the construction tech landscape.
For the quarter ending June 30, 2025, Procore reported anticipated revenue figures solidly within the range of $326 million to $328 million. This strong showing represents a noteworthy year-over-year growth rate projected between 10% and 11%, demonstrating consistent expansion in the competitive software industry.
Tooey Courtemanche, Procore’s visionary Founder, President, and CEO, emphasized the significance of these financial results, stating that “Q2 represented another solid quarter and we remain well positioned for efficient growth.” He further highlighted that recent announcements from their Innovation Summit reinforce Procore’s pivotal role in driving the digital transformation of the construction sector globally.
Looking ahead, the company has also provided its Full Year 2025 Outlook, offering investors and stakeholders insights into its anticipated performance for the remainder of the fiscal year. These forward-looking statements, while subject to inherent risks and uncertainties, reflect Procore’s strategic planning and confidence in its operational trajectory.
To delve deeper into these comprehensive financial results, Procore Technologies, Inc. is scheduled to host a conference call on Thursday, July 31, 2025, at 2:00 p.m. Pacific Time. A live audio webcast of this important discussion will be readily available to interested parties via Procore’s dedicated investor relations website.
In addition to standard U.S. generally accepted accounting principles (GAAP), Procore strategically utilizes certain non-GAAP financial measures to provide a more nuanced and insightful evaluation of its operational performance. This approach, widely adopted within the software industry, aims to offer greater consistency and comparability with historical financial performance and peer companies.
Among the key adjustments in Procore’s non-GAAP reporting is the exclusion of stock-based compensation expense. This decision is based on the belief that such expenses, while significant, can vary widely due to valuation methodologies and equity instruments, thus obscuring direct comparisons of core operating results period-over-period. This transparency aids in understanding underlying business growth.
Furthermore, the company’s non-GAAP measures also exclude employer payroll tax-related items on employee stock transactions and acquisition-related expenses. These exclusions are deemed necessary because such costs are often unpredictable, beyond direct operational control, or non-recurring, allowing for a clearer focus on the sustained performance and strategic direction of the construction tech leader.
These detailed financial results from Procore paint a clear picture of a company navigating its market with precision and foresight. With strong Procore Earnings and a clear Q2 2025 Outlook, the firm continues to solidify its position as a vital enabler of digital advancement, setting new benchmarks in the evolving construction tech landscape and ensuring continuous business growth.
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