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Procore (PCOR) investor relations material
Procore Investor Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Update summary16 Oct, 2025
Product and Platform Innovation
Rapid integration of AI, agentic, and computer vision technologies, with Procore Helix providing an intelligence layer for analytics, agents, and developer tools.
Launch of agent builder and marketplace enables users to create, share, and monetize specialized agents, automating routine tasks and predictive insights.
Developer Studio supports extensibility, custom objects, advanced workflow orchestration, and integration with third-party systems.
Over 400 new features launched, including advancements in safety, scheduling, BIM, payments, and financial visibility.
Enhanced data governance, security, and transparency, with new AI transparency site and accelerated regulatory certifications like FedRAMP.
Customer-Centric Strategy and Market Expansion
Product and go-to-market teams are organized around customer personas, especially owners and builders, to address diverse needs.
Owners represent 25% of ARR, with tailored solutions for planning, funding, asset management, and capital planning.
Procore Connect and unified platform enhance collaboration and data exchange among owners, contractors, and subs.
Expansion in Europe and international markets, with localized solutions and compliance with ISO standards.
Focus on public sector growth, leveraging FedRAMP and funding management tools for government and infrastructure projects.
Accelerated R&D and Adoption Initiatives
Hackathons, innovation labs, and real-time prototyping with customers drive rapid product development and engagement.
Release management system allows granular control over feature adoption, catering to varying innovation paces.
Data-driven product strategy with extensive instrumentation and customer feedback loops shapes the roadmap.
Monetization focus is on adoption, with future plans for usage-based models; thousands of customers already use AI-powered features.
Strong trust and long-term relationships with customers are supported by transparent and secure platform practices.
How does Procore's construction graph enhance AI?
What drives accelerated owner segment growth?
Developer Studio: How does it expand platform?
Explain Helix monetization strategy and timeline.
Detail owner segment growth drivers and strategy.
Describe R&D changes accelerating innovation.
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Next Procore earnings date
Q3 20255 Nov, 2025
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Frequently asked questions
Construction Management Software
Procore Technologies was established in 2003 and provides modern software solutions to the construction industry, helping construction professionals streamline their projects using cloud-based applications. Addressing various industry needs, its software facilitates project management, quality & safety assurance, financials, and field productivity. With the construction sector often seen as traditional and slow to adapt, Procore’s introduction of these tools has played a part in bridging the gap between construction and technology.
A Clear Vision
The journey of Procore began in the early 2000s when its founder, Craig Courtemanche, identified a gap in the construction sector for specialized project management software. What started as a solution for a single construction project quickly transformed into a broader vision of reshaping the industry's approach to project management. Over the years, Procore has consistently expanded its software suite to cater to increasingly diverse construction industry needs and the company has grown substantially from its foundation. Its main objective has always been to provide services for construction teams to collaborate effectively, irrespective of their location, thus maximizing efficiency and minimizing potential errors.
Features and Functionalities
Procore's software suite is comprehensive. The platform integrates multiple aspects of construction management into one unified interface. Users can access tools for document management, drawing revisions, and schedules, ensuring everyone is updated in real time. Financial tools integrated into the platform help streamline budgeting, bidding, and invoicing processes, ensuring transparency and preventing costly miscommunications. Additionally, with the shift toward mobile devices in many professional settings, Procore has ensured its software is fully functional on tablets and smartphones. This mobile accessibility ensures that on-site workers can quickly report progress, changes, or issues, thus ensuring a continuous flow of information.
Adapting to Industry Evolution
Like nearly every industry, the construction business rapidly evolves as time progresses and Procore has been quick to adapt to changing needs. With increasing emphasis on sustainability, energy efficiency, and green construction practices, the company has integrated features that assist in these areas, ensuring projects remain compliant with the latest industry standards. Furthermore, recognizing the global nature of construction projects, the platform supports collaboration across borders with tools that assist with different languages and currency conversions. Procore is also developing its platform, utilizing new technology and AI to make its software more powerful. Companies offering competing or similar products include names such as Autodesk and Oracle.
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