AlphAIalphai — Financial news for AI agents
financialcontent.comJUL 294 min read$PCOR

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.

Original reporting
financialcontent.com
Published Jul 29, 2026, 9:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 29, 2026, 10:11 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
Procore Technologies (NYSE:PCOR) Beats Q2 CY2026 Sales Expectations — source image
Source · financialcontent.com
Decision brief

The 30-second read

$PCORBullishMed
01

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.

02

Market read

A revenue and EPS beat with guidance near consensus typically supports incremental bullish positioning, while longer-term growth deceleration tempers expectations.

03

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.

Relevance 8/10Novelty 7/10Timing: after-hours/next-session reaction to Q2 CY2026 results and next-quarter revenue guidance

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.

Company-level read

Ticker impact

$PCORBullishMedium confidence
Context

Procore reported Q2 CY2026 revenue of $375.2M, up 15.8% YoY, and guided next-quarter revenue to about $383M.

Expected impact

Likely near-term positive bias versus pre-print expectations, with follow-through dependent on whether billings and margins continue to beat.

Evidence & confidence

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

Sector

Construction management software demand signals remain intact, but the article also flags analyst growth deceleration over the next 12 months.

Regional

No specific regional impact described.

Global

No explicit global macro or international regulatory drivers mentioned.

Counterpoint

What could challenge this read

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

  • company
    Procore Technologies

    Reported Q2 CY2026 revenue and non-GAAP profit, and provided next-quarter revenue guidance.

Read at source← All news

Related articles

JUL 31
$PCORMedAI 8/10

Procore Technologies Q2 Earnings Call Highlights

Procore Technologies (NYSE:PCOR) discussed Q2 results and set a fiscal 2027 non-GAAP operating margin target of 25%, about 1,100 bps above fiscal 2025, citing confidence in cost structure. Procore plans to acquire DroneDeploy for $845M cash; DroneDeploy had about $78M trailing revenue. Deal closes later in 2026. Procore also expanded AI agent sales and cited data-center strength and a nearly $7M EMEA contract.

finance.yahoo.com7 min
JUL 30
$PCORHighAI 9/10

Procore Rallies After Beat-and-Raise Quarter and DroneDeploy Deal

Procore Technologies (PCOR) is up 7.5% today. Here is some analysis on what might have caused this price movement. Analysis: The most likely driver is a strong quarterly report that beat expectations, showed Procore’s first GAAP operating profit, and included higher full-year guidance. Investor sentiment also appears to be getting an extra lift from the company’s planned acquisition of DroneDeploy, which adds another AI and jobsite-automation angle to the story.

quiverquant.com4 min
JUL 29
$PCORMed

PROCORE TECHNOLOGIES, INC. (PCOR): Results of Operations and Financial Condition

PROCORE TECHNOLOGIES, INC. (PCOR) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 pcor-q226x8xkxexx991.htm EX-99.1 Document Exhibit 99.1 Procore Announces Second Quarter 2026 Financial Results CARPINTERIA, CA – July 29, 2026 – Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced fin

SEC EDGAR 8-K2 min
AUG 8
$SHOPMedAI 8/10

Shopify Was Supposed to Be an AI Casualty. Its AI-Referred Traffic Just Tripled.

Shopify (SHOP) reported Q2 results, citing AI-referred traffic to merchants’ storefronts that tripled year over year and orders that began with AI search also tripled. New buyers from AI channels placed orders at nearly twice the rate of other channels. Revenue rose 34% to $3.6B, GMV reached $115.6B, operating income rose 68% to $488M, and free cash flow was $654M.

yahoo.com6 min
AUG 8
$GPRKMed

Geopark Q2 Earnings Call Highlights

Geopark (NYSE:GPRK) reported Q2 earnings call updates. It plans $40m to $50m of Vaca Muerta investment in 2H 2026 after $55m in 1H, with 70% to 80% in Q3. Full-year lifting costs are guided at $17 to $19/bbl. Cash rose to $316m, net leverage fell to 1.2x EBITDA, and a $0.023/share quarterly dividend was declared.

yahoo.com6 min
AUG 8
$GRDNMed

Guardian Pharmacy Services Q2 Earnings Call Highlights

Guardian Pharmacy Services (GRDN) reported Q2 net income of $22.1M vs $8.8M a year earlier, including an $8.5M payer-dispute settlement recorded as other income. The company expects H2 revenue to fall low-single digits YoY due to IRA pricing reductions, with adjusted EBITDA margin stable in Q3 and seasonally higher in Q4. It also appointed Morris as COO and named a new CFO.

yahoo.com5 min