Procore Technologies (PCOR) Q4 Earnings Preview: Key Points to Watch

Procore Technologies Set to Release Earnings Report

This Thursday afternoon, Procore Technologies (NYSE:PCOR), a leader in construction management software, will share its latest financial results. Here’s a summary of what to expect.

Recent Performance Highlights

In the previous quarter, Procore Technologies surpassed revenue projections by 3.3%, posting $338.9 million in revenue—a 14.5% increase compared to the same period last year. The company also exceeded analyst expectations for both EBITDA and billings, and expanded its customer base by 122, reaching a total of 17,623 clients.

Analyst Expectations for This Quarter

Looking ahead, analysts forecast that Procore Technologies will report $340.8 million in revenue for the upcoming quarter, representing a 12.8% year-over-year rise. This growth rate is slightly lower than the 16.2% increase seen in the corresponding quarter last year. Adjusted earnings per share are anticipated to be $0.36.

Market Sentiment and Track Record

Over the past month, analysts have largely maintained their outlook for Procore Technologies, indicating confidence in the company’s trajectory. Notably, Procore has consistently outperformed Wall Street’s revenue estimates for the last two years, with an average beat of 3.1% each quarter.

Industry Peers: Recent Results

Some of Procore’s competitors in the vertical software space have already disclosed their Q4 earnings, offering insight into sector trends. Dolby Laboratories reported a 2.9% year-over-year decline in revenue but still exceeded analyst forecasts by 4.4%. Meanwhile, PTC achieved a 21.4% revenue increase, surpassing expectations by 8.2%. Following these announcements, shares of Dolby Laboratories and PTC rose by 1.8% and 1.7%, respectively.

Market Challenges and Stock Performance

Concerns over tariffs and changes in corporate tax policy have led to significant market fluctuations in 2025. Vertical software stocks have faced headwinds, with the sector’s share prices dropping an average of 16.8% over the past month. Procore Technologies has seen a sharper decline, falling 28.8% in the same period. The average analyst price target for Procore stands at $83.89, compared to its current trading price of $52.58.

Special Opportunity: Free Report

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Should You Consider Procore Technologies?

Curious whether Procore Technologies is a buy or sell ahead of its earnings announcement?