Procore Technologies, Inc. (PCOR) quarterly income statement — complete revenue, gross profit & net income history
Procore Technologies, Inc. (PCOR) annual income statement — 9-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 402.31M | 375.21M | 359.28M | 349.11M | 338.85M | 323.92M | 310.63M | 302.05M | 295.88M | 284.35M | 269.43M | 260.04M | 247.91M | 228.54M | 213.53M | 202.05M | 186.43M | 172.21M | 159.52M | 146.1M |
| Revenue Growth % | 18.73% | 15.83% | 15.66% | 15.58% | 14.52% | 13.92% | 15.29% | 16.15% | 19.35% | 24.42% | 26.18% | 28.7% | 32.98% | 32.71% | 33.86% | 38.29% | 41.24% | 40.24% | 40% | 33.42% |
| Cost of Goods Sold | 78.69M | 75.41M | 71.49M | 71.79M | 68.76M | 67.73M | 64.93M | 56.83M | 54.95M | 48.1M | 45.72M | 47.83M | 44.13M | 42.3M | 40.2M | 40.57M | 37.78M | 36.73M | 33.33M | 29.77M |
| COGS % of Revenue | 19.56% | 20.1% | 19.9% | 20.56% | 20.29% | 20.91% | 20.9% | 18.82% | 18.57% | 16.92% | 16.97% | 18.39% | 17.8% | 18.51% | 18.83% | 20.08% | 20.26% | 21.33% | 20.9% | 20.37% |
| Gross Profit | 323.62M | 299.8M | 287.79M | 277.31M | 270.09M | 256.19M | 245.71M | 245.21M | 240.93M | 236.25M | 223.71M | 212.21M | 203.78M | 186.23M | 173.32M | 161.48M | 148.65M | 135.47M | 126.18M | 116.34M |
| Gross Margin % | 80.44% | 79.9% | 80.1% | 79.44% | 79.71% | 79.09% | 79.1% | 81.18% | 81.43% | 83.08% | 83.03% | 81.61% | 82.2% | 81.49% | 81.17% | 79.92% | 79.74% | 78.67% | 79.1% | 79.63% |
| Gross Profit Growth % | 19.82% | 17.02% | 17.13% | 13.09% | 12.1% | 8.44% | 9.83% | 15.55% | 18.23% | 26.86% | 29.07% | 31.41% | 37.09% | 37.47% | 37.36% | 38.81% | 36.01% | 39.23% | 34.84% | 28.64% |
| Operating Expenses | 330.8M | 295.47M | 292.47M | 317.69M | 285.12M | 286.45M | 281.95M | 311.46M | 277.43M | 251.02M | 242.61M | 249.54M | 254.13M | 244.96M | 242.59M | 236.69M | 220.46M | 207.77M | 197.32M | 190.79M |
| OpEx % of Revenue | 82.22% | 78.75% | 81.4% | 91% | 84.14% | 88.43% | 90.77% | 103.12% | 93.76% | 88.28% | 90.05% | 95.96% | 102.51% | 107.19% | 113.61% | 117.14% | 118.26% | 120.65% | 123.7% | 130.58% |
| Selling, General & Admin | 222.32M | 202.12M | 212.13M | 224.68M | 197.07M | 197.55M | 194.34M | 222.17M | 196.64M | 178.71M | 172.01M | 174.93M | 181.43M | 171.75M | 162.55M | 161.27M | 148.97M | 143.95M | 137.07M | 130.12M |
| SG&A % of Revenue | 55.26% | 53.87% | 59.04% | 64.36% | 58.16% | 60.99% | 62.56% | 73.55% | 66.46% | 62.85% | 63.84% | 67.27% | 73.18% | 75.15% | 76.13% | 79.82% | 79.91% | 83.59% | 85.93% | 89.06% |
| Research & Development | 108.48M | 93.35M | 80.34M | 96.47M | 88.05M | 88.9M | 87.61M | 89.29M | 80.79M | 72.31M | 70.6M | 74.61M | 72.71M | 73.22M | 80.04M | 75.41M | 71.49M | 63.82M | 60.25M | 60.67M |
| R&D % of Revenue | 26.96% | 24.88% | 22.36% | 27.63% | 25.98% | 27.45% | 28.2% | 29.56% | 27.3% | 25.43% | 26.2% | 28.69% | 29.33% | 32.04% | 37.48% | 37.32% | 38.35% | 37.06% | 37.77% | 41.53% |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -7.18M | 4.33M | -5.4M | -40.38M | -15.03M | -30.27M | -36.24M | -66.24M | -36.5M | -14.78M | -18.91M | -37.33M | -50.35M | -58.73M | -69.26M | -75.2M | -71.81M | -72.3M | -71.14M | -74.45M |
| Operating Margin % | -1.79% | 1.15% | -1.5% | -11.57% | -4.44% | -9.34% | -11.67% | -21.93% | -12.33% | -5.2% | -7.02% | -14.36% | -20.31% | -25.7% | -32.44% | -37.22% | -38.52% | -41.99% | -44.6% | -50.96% |
| Operating Income Growth % | 52.22% | 114.3% | 85.09% | 39.05% | 58.82% | -104.84% | -91.71% | -77.44% | 27.51% | 74.84% | 72.7% | 50.36% | 29.89% | 18.77% | 2.63% | -1.01% | -44.91% | 51.5% | -453.25% | -244.88% |
| EBITDA | 26.34M | 35.13M | 23.76M | -13.09M | 14.17M | -3.03M | -9.39M | -41.62M | -12.26M | 6.07M | 1.15M | -17.64M | -32.62M | -41.39M | -52.39M | -58.62M | -55.91M | -56.9M | -55.99M | -61.34M |
| EBITDA Margin % | 6.55% | 9.36% | 6.61% | -3.75% | 4.18% | -0.94% | -3.02% | -13.78% | -4.14% | 2.13% | 0.43% | -6.79% | -13.16% | -18.11% | -24.54% | -29.01% | -29.99% | -33.04% | -35.1% | -41.99% |
| EBITDA Growth % | 85.92% | 1259.47% | 353.07% | 68.55% | 215.51% | -149.94% | -920.09% | -135.88% | 62.4% | 114.66% | 102.19% | 69.9% | 41.66% | 27.25% | 6.43% | 4.45% | -35.02% | 59.72% | -907.56% | -323.32% |
| D&A (Non-Cash Add-back) | 33.52M | 30.8M | 29.17M | 27.29M | 29.2M | 27.24M | 26.86M | 24.63M | 24.23M | 20.84M | 20.05M | 19.69M | 17.73M | 17.34M | 16.87M | 16.59M | 15.9M | 15.4M | 15.15M | 13.11M |
| EBIT | 1.27M | -2.27M | -10.71M | -35.87M | -7.18M | -21.2M | -27.41M | -60.46M | -26.25M | -5.35M | -10.22M | -28.34M | -43.16M | -52.07M | -62.89M | -70.93M | -70.37M | -72.51M | -70.52M | -74.41M |
| Net Interest Income | 2.61M | 4.6M | 5.25M | 6.53M | 3.38M | 4.72M | 5.71M | 5.52M | 5.47M | 5.34M | 5.46M | 4.69M | 4.23M | 4.45M | 4.45M | 4.47M | 1.42M | 111K | -491K | -494K |
| Interest Income | 7.57M | 4.42M | 5.52M | 6.83M | 4.83M | 5.01M | 6M | 5.98M | 5.96M | 5.81M | 5.94M | 5.17M | 4.72M | 4.94M | 4.95M | 4.97M | 1.92M | 678K | 74K | 0 |
| Interest Expense | 4.96M | -179K | 268K | 294K | 1.44M | 298K | 285K | 460K | 488K | 472K | 479K | 480K | 490K | 491K | 496K | 499K | 504K | 567K | 565K | 494K |
| Other Income/Expense | 3.49M | 10.84M | -5.57M | 4.21M | 6.41M | 8.77M | 8.55M | 5.33M | 9.76M | 8.96M | 8.2M | 8.52M | 6.7M | 6.17M | 5.87M | 3.77M | 941K | -779K | 52K | -457K |
| Pretax Income | -3.69M | 15.16M | -10.98M | -36.16M | -8.62M | -21.5M | -27.7M | -60.92M | -26.74M | -5.82M | -10.7M | -28.82M | -43.65M | -52.56M | -63.39M | -71.43M | -70.87M | -73.08M | -71.08M | -74.91M |
| Pretax Margin % | -0.92% | 4.04% | -3.06% | -10.36% | -2.54% | -6.64% | -8.92% | -20.17% | -9.04% | -2.05% | -3.97% | -11.08% | -17.61% | -23% | -29.69% | -35.35% | -38.02% | -42.44% | -44.56% | -51.27% |
| Income Tax | 901K | -1.76M | -1.88M | 1.44M | 479K | -411K | 5.29M | 1.38M | -353K | 490K | 263K | 700K | 193K | 322K | 58K | -243K | 333K | 42K | 334K | -23.93M |
| Effective Tax Rate % | -24.43% | -11.6% | 17.13% | -3.98% | -5.56% | 1.91% | -19.12% | -2.26% | 1.32% | -8.42% | -2.46% | -2.43% | -0.44% | -0.61% | -0.09% | 0.34% | -0.47% | -0.06% | -0.47% | 31.95% |
| Net Income | -4.59M | 16.92M | -9.1M | -37.6M | -9.1M | -21.09M | -32.99M | -62.29M | -26.39M | -6.31M | -10.97M | -29.52M | -43.85M | -52.88M | -63.45M | -71.18M | -71.2M | -73.12M | -71.42M | -50.97M |
| Net Margin % | -1.14% | 4.51% | -2.53% | -10.77% | -2.69% | -6.51% | -10.62% | -20.62% | -8.92% | -2.22% | -4.07% | -11.35% | -17.69% | -23.14% | -29.71% | -35.23% | -38.19% | -42.46% | -44.77% | -34.89% |
| Net Income Growth % | 49.58% | 180.24% | 72.43% | 39.63% | 65.51% | -234.16% | -200.83% | -111.02% | 39.82% | 88.07% | 82.72% | 58.53% | 38.42% | 27.68% | 11.16% | -39.65% | -40.33% | 51.16% | -420.09% | -7.47% |
| Net Income (Continuing) | -4.59M | 16.92M | -9.1M | -37.6M | -9.1M | -21.09M | -32.99M | -62.29M | -26.39M | -6.31M | -10.97M | -29.52M | -43.85M | -52.88M | -63.45M | -71.18M | -71.2M | -73.12M | -71.42M | -50.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | 0.11 | -0.06 | -0.25 | -0.06 | -0.14 | -0.22 | -0.42 | -0.18 | -0.04 | -0.08 | -0.20 | -0.31 | -0.37 | -0.45 | -0.51 | -0.52 | -0.54 | -0.53 | -0.38 |
| EPS Growth % | 50.5% | 178.57% | 72.73% | 40.48% | 66.33% | -226.34% | -191.78% | -110% | 41.94% | 88.41% | 83.24% | 60.78% | 40.38% | 31.48% | 15.09% | -34.21% | -33.33% | 53.04% | -381.82% | 5% |
| EPS (Basic) | -0.03 | 0.11 | -0.06 | -0.25 | -0.06 | -0.14 | -0.22 | -0.42 | -0.18 | -0.04 | -0.08 | -0.20 | -0.31 | -0.37 | -0.45 | -0.51 | -0.52 | -0.54 | -0.53 | -0.38 |
| Diluted Shares Outstanding | 150.38M | 153.03M | 150.95M | 151.04M | 149.98M | 149.83M | 150M | 149.2M | 148.13M | 146.94M | 145.48M | 144.07M | 142.83M | 141.24M | 139.65M | 138.42M | 137.18M | 135.93M | 134.53M | 132.89M |
| Basic Shares Outstanding | 150.38M | 151.15M | 150.95M | 151.04M | 149.98M | 149.83M | 150M | 149.2M | 148.13M | 146.94M | 145.48M | 144.07M | 142.83M | 141.24M | 139.65M | 138.42M | 137.18M | 135.93M | 134.53M | 132.89M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |