Procore Technologies Inc (MEX:PCOR)
MXN 854.79 (0%) Market Cap: 110.78 Bil Enterprise Value: 101.91 Bil PE Ratio: 0 PB Ratio: 5.26 GF Score: 67/100

Q3 2025 Procore Technologies Inc Earnings Call Transcript

Nov 5, 2025 / 10:00 PM GMT
Release Date Price: MXN1356.67

Key Points

Positve
  • Procore Technologies Inc (PCOR) reported a 14.5% year-over-year revenue growth, consistent with last year's growth, indicating strong business momentum.
  • Non-GAAP operating margins increased to 17%, showcasing the company's commitment to improving its efficiency profile.
  • The company saw a 31% year-over-year growth in large deals, with the number of six and seven-figure deals accelerating.
  • Procore Technologies Inc (PCOR) surpassed $1 trillion in annual construction volume contracted on its platform, demonstrating its ability to execute and take market share.
  • The company announced Ajay Oppal as the new CEO, bringing over 35 years of experience, including leading a multi-billion dollar global technology company.
Negative
  • The construction industry, a key market for Procore Technologies Inc (PCOR), is experiencing a down cycle, with US non-residential and multi-family construction showing negative growth.
  • Currency headwinds impacted international revenue growth, with FX contributing approximately 1 point of headwind.
  • The macroeconomic environment remains challenging, with no significant changes in the headwinds faced by the company.
  • The company's Q4 revenue growth guidance is lower, at 12 to 13%, compared to the current quarter's growth.
  • Procore Technologies Inc (PCOR) faces a cyclical industry, which can lead to fluctuations in demand and growth potential.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PCOR.N - Procore Technologies Inc
Q3 2025 Procore Technologies Inc Earnings Call
Nov 05, 2025 / 10:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to theocore Technologies inc Q3 2025 endings call.

My name is Alex and I'll be coordinated to save school.

If you'd like to ask a question at the end of the presentation, please press star by one on the telephone keypad.

And I hand it over to Alexandra Geller, head of IR to begin.

Please go ahead.

Good afternoon and welcome to Proco's 2025, 3rd quarter earnings call.

I'm Alexandra Geller, head of investor relations.

Before I begin today's call, I wanted to share that Howard Foo, our CFO, is unexpectedly out of the country, attending to a sudden family emergency, and will not be joining today's earnings call.

For that reason, with me
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