Q2 FY2026 EarningsQ2 FY26 performance beat consensus across top and bottom-line metrics: revenue $375.2M vs. $365.7M expected, and GAAP EPS of $0.11 vs. a projected loss of $0.01. The variance was driven by strong expansion from existing customers (88% of growth) and a significant non-cash lease modification gain. However, R&D and G&A expenses were higher than anticipated due to acquisition costs for Datagrid and ongoing Oracle litigation, while interest income slightly missed mean expectations.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Procore Tech(PCOR) the Revenue is 375.21 M (+15.83%), Beat estimate;the EBIT is 80.49 M (+84.3%), Beat estimate;the EPS is 0.11 (+178.6%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.38B15.83%
0.37B12.89%
+0.01B2.94%
EBITExceed expectations
0.08B84.30%
0.07B51.60%
+0.01B32.70%
EPSExceed expectations
0.11178.57%
-0.013890.18%
+0.123888.39%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf