8-K filed with the SEC on 2026-08-06.
Procore priced its upsized private offering of $825 million in convertible senior notes due 2031. The proceeds will partially fund its acquisition of DroneDeploy, share repurchases, and general corporate purposes.
Procore priced an upsized private placement of $825 million in convertible senior notes due 2031, aiming to fund a portion of its DroneDeploy acquisition, repurchase common stock, and support general corporate needs.
Procore announced a proposed private placement of $750 million in convertible senior notes due 2031 to help finance its acquisition of DroneDeploy, execute concurrent share repurchases, and support general corporate operations.
10-Q — quarterly report filed with the SEC on 2026-07-31.
Procore Technologies announced the acquisition of DroneDeploy for $845 million in cash to boost its AI capabilities. This major transaction provides a massive exit and strategic integration for DroneDeploy within the construction tech sector.
Investing.com details Procore's Q2 2026 earnings beat, noting higher-than-expected revenue of $375 million and an increased full-year outlook. Management highlighted expanding operating margins and steady vertical SaaS growth.
Procore announced a definitive agreement to buy DroneDeploy for $845 million, aiming to merge aerial and ground reality capture natively into its construction management platform. Executives highlighted that the deal will enhance automated field productivity tracking and digital coworker AI capabilities.
8-K filed with the SEC on 2026-07-29.
8-K filed with the SEC on 2026-07-29.
Procore reported its Q2 2026 financial results, highlighting $375 million in revenue (a 16% year-over-year increase) and the achievement of GAAP operating profitability, driven by strong demand for its construction management platform.
Procore reported its Q2 2026 financial results, generating $375 million in revenue (a 16% year-over-year increase) and achieving its first quarter of GAAP operating profitability. The company highlighted strong execution and demand for its construction management software.
Procore has agreed to acquire DroneDeploy for approximately $845 million in cash, aiming to integrate aerial and ground reality capture into its construction technology platform. The combination will link project data with visual intelligence to enhance field productivity and AI-driven insights.
Procore reported its second-quarter 2026 financial results, generating $375 million in revenue—a 16% year-over-year increase—while achieving a key milestone with positive GAAP operating profitability.
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