Procore Technologies (NYSE:PCOR) Beats Q2 CY2026 Sales Expectations
Procore Technologies (NYSE:PCOR) reported Q2 CY2026 revenue of $375.2 million, up 15.8% year on year and above expectations by 2.6%. Non-GAAP profit was $0.47 per share, 15.1% above consensus. The company guided next-quarter revenue to about $383 million. Billings were $393.1 million.
How this was made
The 30-second read
Why it matters
The key tradable inputs are the Q2 revenue and non-GAAP EPS beats plus the next-quarter revenue guide, which can drive near-term estimate changes and positioning.
Market read
A revenue and EPS beat with guidance near consensus typically supports incremental bullish positioning, while longer-term growth deceleration tempers expectations.
What to watch
Billings outperformance is highlighted, but the article does not provide cash flow, margin trajectory, or customer concentration details that could drive a larger repricing.
Background
Procore is a cloud-based construction management software provider; the article frames Q2 performance versus Wall Street estimates and discusses billings and CAC payback.
Ticker impact
Procore reported Q2 CY2026 revenue of $375.2M, up 15.8% YoY, and guided next-quarter revenue to about $383M.
Likely near-term positive bias versus pre-print expectations, with follow-through dependent on whether billings and margins continue to beat.
The article provides concrete Q2 results (revenue, non-GAAP EPS) plus a specific next-quarter revenue guide, which are direct inputs to earnings-model revisions.
Market effects
Construction management software demand signals remain intact, but the article also flags analyst growth deceleration over the next 12 months.
No specific regional impact described.
No explicit global macro or international regulatory drivers mentioned.
Counterpoint
The guidance is only “close to analysts’ estimates,” and the article notes expected revenue growth deceleration over the next 12 months, which can limit upside.
Key entities
- companyProcore Technologies
Reported Q2 CY2026 revenue and non-GAAP profit, and provided next-quarter revenue guidance.
