Procore Announces Third Quarter 2026 Financial Results

What happened

Procore Technologies reported third-quarter 2026 revenue of $402 million, up 19% year over year, and operating cash inflow of $96 million. It said revenue and margins exceeded the high end of its guidance and that it was raising its full-year revenue and margin outlook.

Confirmed

Global impact / market context

Higher revenue alongside positive operating and free cash inflows suggests Procore is growing while generating cash from its business. A higher full-year outlook could support expectations for future sales and profitability, while product updates and wider availability of its AI tools may help it compete for construction software spending.

Analyst inference

The reported growth includes two percentage points from DroneDeploy, so not all of the 19% increase came from Procore’s underlying business. Investors can distinguish that contribution from underlying growth and compare the raised outlook with the company’s reported cash generation and operating margins.

Analyst inference

What to watch

1. Look for the full-year revenue and margin outlook figures and how they compare with the previous outlook; the article says the company raised both but gives no revised numbers. Confirmed
2. Watch whether Procore AI’s digital coworkers, now described as generally available, are adopted by customers and contribute to revenue or customer retention. Analyst inference
3. Track revenue growth excluding DroneDeploy’s contribution, since the article attributes two percentage points of reported growth to that business. Analyst inference

Evidence

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