Comparing the current results to its competitors, Procore Technologies Inc reported Revenue increase in the 2 quarter 2026 by 16.1 % year on year. The sales growth was above Procore Technologies Inc 's competitors' average revenue growth of 13.4 %, achieved in the same quarter.
Procore Technologies Inc 's Comment on Competition and Industry Peers
The construction management software market is competitive and in the early stages of maturity and technology adoption. Many construction companies continue to use manual workflows such as paper-based methods, email, fax, and spreadsheets. Existing technologies have had limited impact due to the lack of modern cloud-based tools, limited functionality, or poor integration between point solutions. Competitors in the market include aggregated construction management tools offered by software companies serving multiple industries, accounting software vendors that add project management features, and point solution vendors specializing in areas such as analytics. Some aggregated construction management tools integrate with the company's platform and are available through its App Marketplace.
Overall company sales advanced by 16.1 % Procore Technologies Inc outperformed its competitors in this segment and improved market share, to approx. 4.06 %. << More on PCOR Market Share.
*Market share is calculated based on total revenue.
Adobe Inc.s business model centers on delivering a diverse range of software and services that cater to digital media creation, marketing, and document management needs. Their flagship products, including Photoshop, Illustrator, and Acrobat, empower both professionals and casual users, while their cloud-based offerings like Creative Cloud and Document Cloud facilitate seamless collaboration and accessibility across devices. The company primarily generates revenue through subscription licensing for its software, along with enterprise solutions and document services.
Trimble Inc is a technology company that specializes in providing advanced positioning solutions. Their business model revolves around developing and selling hardware and software solutions that enable professionals to accurately capture, analyze, and visualize complex data related to land, construction, transportation, and more. They primarily generate revenue through the sale of these products and also offer additional services such as training, support, and maintenance.
Sps Commerce Inc is a cloud-based platform that offers supply chain management solutions to businesses. They provide a subscription-based service to help companies automate and optimize their trading partner relationships. Their business model revolves around providing software-as-a-service (SaaS) solutions, offering scalability, convenience, and efficiency to their customers.
Oracle Corporations business model focuses on providing enterprise software solutions and cloud services. It generates revenue through software licenses, cloud subscriptions, and consulting and support services, addressing data management needs and the increasing demand for cloud technologies.
Kvh Industries Inc. operates as a manufacturer of mobile communication systems, satellite TV antennas, and other related products. They primarily serve the maritime, land, and air markets, providing advanced technologies for communication, navigation, and entertainment. Through a combination of hardware manufacturing, software development, and service provision, Kvh Industries aims to meet customers' connectivity needs in various industries.
Sources:
Procore Technologies Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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