Procore Technologies reported better-than-expected revenue for the second quarter of calendar year 2026, with sales rising 15.8% year on year to $375.2 million, exceeding analyst estimates of $365.8 million. The construction management software provider posted adjusted earnings per share of $0.47, a 15.1% beat over the consensus of $0.41, while adjusted operating income of $80.49 million topped estimates by 21.6%. The company also raised its full-year revenue guidance slightly to $1.51 billion at the midpoint from $1.50 billion. Billings reached $393.1 million, up 21.5% year on year, and the stock traded up 2.3% to $51.35 following the release.
Procore Technologies IncBeat revenue and earnings estimates, raised guidance, and billings grew 21.5%.