Procore Technologies Raises FY 2026 Revenue Outlook and Forecasts 25% Non-GAAP Operating Margin for FY 2027
Procore Technologies (PCOR) reported strong third-quarter results, characterized by management as outstanding financial and operational performance. The company is pivoting its strategic focus toward becoming an AI-native construction management platform, aiming to implement a 'see-understand-act' intelligence loop within the construction industry. Following these results, Procore raised its full-year 2026 revenue guidance to $1.559 billion. Looking further ahead, the company provided long-term profitability targets, forecasting a non-GAAP operating margin of 25% by fiscal year 2027.
Tickers: $PCOR
Topics: AI integration construction management software earnings results