PROCORE TECHNOLOGIES, INC. (PCOR)
Procore Technologies, Inc. delivers a comprehensive, cloud-based platform designed for construction management, along with accompanying software solutions, serving clients both in the United States and globally. This platform empowers a diverse range of stakeholders, including property owners, general and specialty contractors, architects, and engineers, to collaborate seamlessly throughout their construction projects. The company's offerings are structured into several key modules: Preconstruction: This module facilitates streamlined collaboration among internal and external parties during the initial project phases, such as planning, budgeting, estimating, bidding, and selecting partners. Project Management: It enables real-time teamwork, secure information storage, design coordination, BIM model clash detection, and regulatory compliance for both jobsite personnel and back-office teams. Resource Management: This tool assists contractors in scheduling, monitoring, and forecasting labor productivity, improving time management, enhancing workforce communication, and optimizing project profitability. Financial Management: It provides customers with detailed visibility into the fiscal health of individual construction projects and their entire portfolios, ensuring unfettered, real-time access to financial data that bridges the gap between field operations and the main office. Procore caters to a broad spectrum of clients, including owners, general contractors, and specialty contractors active across the commercial, residential, industrial, and infrastructure segments of the construction industry. Access to its products is primarily offered through subscriptions, facilitated by its direct sales team. Users can engage with the platform on computers, smartphones, and tablets via any web browser or through its dedicated mobile applications for iOS and Android devices. Procore Technologies, Inc. was founded in 2002 and is headquartered in Carpinteria, California.
Sector: Services-Prepackaged Software
Industry: Software - Application
Procore Technologies, Inc.
No splits on record
Nothing in PCOR's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $1.32B | $1.15B | $950.01M | $720.2M | $514.82M | $400.29M | $289.19M | $186.4M | $112.25M |
| YoY Growth | 14.8% | 21.2% | 31.9% | 39.9% | 28.6% | 38.4% | 55.2% | 66.1% | - |
| Cost of Revenue | $285.16M | $205.61M | $174.46M | $148.42M | $98.31M | $71.66M | $53.17M | $37.4M | $25.35M |
| Gross Profit | $1.04B | $946.1M | $775.55M | $571.79M | $416.51M | $328.63M | $236.03M | $149M | $86.9M |
| Gross Margin | 78.4% | 82.1% | 81.6% | 79.4% | 80.9% | 82.1% | 81.6% | 79.9% | 77.4% |
| Research and Development | $356.64M | $312.99M | $300.57M | $270.98M | $237.29M | $124.66M | $87.02M | $55.95M | $39.76M |
| Selling, General, and Administrative | $813.65M | $769.53M | $690.65M | $591.26M | $465.15M | $262.5M | $231.63M | $148.09M | $102.26M |
| Other | -$15.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.16B | $1.08B | $991.23M | $862.24M | $702.44M | $387.16M | $318.65M | $204.04M | $142.03M |
| Operating Income (EBIT) | -$117.77M | -$136.42M | -$215.68M | -$290.45M | -$285.93M | -$58.53M | -$82.62M | -$55.04M | -$55.13M |
| Operating Margin | -8.9% | -11.8% | -22.7% | -40.3% | -55.5% | -14.6% | -28.6% | -29.5% | -49.1% |
| Interest Expense | $1.15M | $1.9M | $1.96M | $2.13M | $2.33M | $2.35M | $930K | $1.39M | $157K |
| Interest Income | $29.21M | $23.69M | $19.78M | $5.83M | $175K | $293K | $0 | $0 | $0 |
| Other Income (Expense) | $23.79M | $32.24M | $27.26M | $3.99M | -$3M | -$38.63M | -$412K | -$1.38M | -$174K |
| Income Before Tax (EBT) | -$93.98M | -$104.18M | -$188.42M | -$286.46M | -$288.92M | -$97.16M | -$83.04M | -$56.42M | -$55.3M |
| Income Tax Expense | $6.8M | $1.77M | $1.27M | $466K | -$23.76M | -$993K | $71K | $250K | $238K |
| Net Income | -$100.78M | -$105.96M | -$189.69M | -$286.93M | -$265.17M | -$96.17M | -$83.11M | -$56.67M | -$55.54M |
| Net Income Margin | -7.6% | -9.2% | -20.0% | -39.8% | -51.5% | -24.0% | -28.7% | -30.4% | -49.5% |
| Supplementary Data | |||||||||
| EPS | -0.67 | -0.72 | -1.34 | -2.10 | -1.98 | -0.82 | -0.80 | -0.51 | -0.47 |
| Diluted EPS | -0.67 | -0.72 | -1.34 | -2.10 | -1.98 | -0.82 | -0.80 | -0.51 | -0.47 |
| Weighted Average OS | 150.25M | 147.44M | 141.96M | 136.53M | 134.05M | 117.73M | 104.33M | 111.65M | 117.73M |
| EBITDA | $17.75M | -$12.53M | -$114.83M | -$221.29M | -$250.22M | -$68.81M | -$67.22M | -$46.77M | -$49.66M |
| EBITDA Margin | 1.3% | -1.1% | -12.1% | -30.7% | -48.6% | -17.2% | -23.2% | -25.1% | -44.2% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $480.68M | $437.72M | $357.79M | $296.71M | $586.11M | $379.91M | $118.45M | $94.85M | $60.33M |
| Short-Term Investments | $287.8M | $337.67M | $320.16M | $285.49M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $768.49M | $775.39M | $677.95M | $582.21M | $586.11M | $379.91M | $118.45M | $94.85M | $60.33M |
| Accounts Receivable | $343.19M | $280.39M | $237.26M | $172.28M | $131.01M | $77.69M | $58.24M | $45.23M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $55.16M | $44.09M | $40.52M | $44.73M | $35.17M | $13.6M | $11.92M | $5.55M | $0 |
| Total Current Assets | $1.17B | $1.1B | $955.73M | $799.22M | $752.29M | $487.97M | $201.07M | $150.7M | $90.95M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $246.5M | $104.11M | $114.77M | $118.15M | $120.51M | $122.12M | $110.27M | $91.71M | $59.19M |
| Goodwill | $574.08M | $549.65M | $539.35M | $539.13M | $540.92M | $125.97M | $114.53M | $423K | $0 |
| Intangible Assets | $105.36M | $233.27M | $220.59M | $221.53M | $229.04M | $51.78M | $50.78M | $13.18M | $5.13M |
| Long-Term Investments | $59.16M | $60.4M | $11.53M | $14.15M | $3.1M | $0 | $0 | $3.3M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | -$14.15M | -$3.1M | $0 | $0 | -$3.3M | $0 |
| Other Long-Term Assets | $87.13M | $54.07M | $51.59M | $62.38M | $47.9M | $32.94M | $27.02M | $18.98M | $20.98M |
| Total Long-Term Assets | $1.07B | $1B | $937.83M | $941.19M | $938.37M | $332.8M | $302.59M | $124.3M | $85.3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.24B | $2.1B | $1.89B | $1.74B | $1.69B | $820.77M | $503.66M | $275M | $176.24M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $25.17M | $33.15M | $13.18M | $14.28M | $15.49M | $9.01M | $9.44M | $7.75M | $7.33M |
| Short-Term Debt | $6.79M | $5.97M | $12.42M | $10.65M | $7.84M | $0 | $0 | $3.88M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $687.06M | $584.72M | $501.9M | $396.54M | $301.56M | $213.44M | $173.52M | $110.55M | $0 |
| Other Current Liabilities | $53.24M | $32.22M | $30.48M | $27.31M | $23.14M | $24.89M | $23.81M | $7.86M | $0 |
| Total Current Liabilities | $884.56M | $728.03M | $642.43M | $531.64M | $403.7M | $261.71M | $224.77M | $145.81M | $102.44M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $254.17M | $0 |
| Long-Term Unearned Revenue | $6.04M | $5.82M | $7.69M | $5.28M | $4.02M | $6.37M | $4.39M | $1.21M | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $254.17M | $0 |
| Other Long-Term Liabilities | $13.79M | $5.12M | $6.33M | $3.05M | $4.72M | $729.39M | $444.6M | $384K | $2.36M |
| Total Long-Term Liabilities | $92.25M | $84.99M | $95.53M | $91.99M | $97.66M | $831.16M | $532.65M | $328.87M | $48.44M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $976.8M | $813.02M | $737.96M | $623.63M | $501.37M | $1.09B | $757.42M | $474.68M | $150.88M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $15K | $15K | $15K | $14K | $13K | $3K | $3K | $2K | $2K |
| Retained Earnings | -$1.35B | -$1.24B | -$1.14B | -$949.14M | -$662.21M | -$397.05M | -$300.82M | -$217.72M | -$161.05M |
| Comprehensive Income & Other | -$1.27M | -$2.74M | -$1.38M | -$2.32M | -$583K | $187K | $20K | -$80K | $1K |
| Other Stockholders' Equity | $2.61B | $2.53B | $2.29B | $2.07B | $1.85B | $124.94M | $47.06M | $18.03M | $186.41M |
| Total Equity | $1.26B | $1.29B | $1.16B | $1.12B | $1.19B | -$272.1M | -$253.76M | -$199.69M | $25.36M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.24B | $2.1B | $1.89B | $1.74B | $1.69B | $820.77M | $503.66M | $275M | $176.24M |
| Supplementary Data | |||||||||
| Total Debt | $79.2M | $80.02M | $93.92M | $94.32M | $96.76M | $95.39M | $83.66M | $331.16M | $0 |
| Net Debt | -$401.48M | -$357.7M | -$263.87M | -$202.39M | -$489.35M | -$284.51M | -$34.8M | $231.64M | $0 |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$100.78M | -$105.96M | -$189.69M | -$286.93M | -$265.17M | -$96.17M | -$83.11M | -$56.67M | -$55.54M |
| Depreciation & Amortization | $110.58M | $89.75M | $71.63M | $63.04M | $36.38M | $25.99M | $14.88M | $8.25M | $5.48M |
| Deferred Income Tax | -$6.82M | -$881K | -$769K | -$283K | -$24.49M | -$1.31M | $684K | $182K | $1.31M |
| Stock-Based Compensation | $238.43M | $186.88M | $174.84M | $162.89M | $227.16M | $43.96M | $19.24M | $7.49M | $3.43M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$39.82M | -$39.5M | -$57.49M | -$35.82M | -$34.18M | -$20.07M | -$19.61M | -$15.37M | -$11.76M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $1.45M | -$793K | -$3.74M |
| Accounts Payable | -$8.17M | $19.73M | -$938K | $459K | $3.95M | $724K | $805K | $319K | $2.91M |
| Other Working Capital | $106.47M | $44.01M | $81.83M | $97.03M | $84.18M | $21.98M | $54.2M | $28.27M | $27.75M |
| Total Working Capital Change | $58.48M | $24.23M | $23.41M | $61.68M | $53.95M | $2.64M | $36.84M | $12.43M | $15.15M |
| Other Non-Cash Items | -$1M | $2.14M | $12.61M | $12.22M | $8.81M | $46.74M | $4.46M | $7.21M | $5.5M |
| Net Cash from Operating | $298.87M | $196.17M | $92.02M | $12.61M | $36.73M | $21.85M | -$7M | -$21.1M | -$24.66M |
| Investing Activities | |||||||||
| Capital Expenditures | -$83.76M | -$19.14M | -$10.32M | -$49.43M | -$27.63M | -$18.97M | -$27.99M | -$21.83M | -$9.12M |
| Acquisitions | -$45.05M | -$3.79M | -$7.83M | -$3.87M | -$509.84M | -$14.54M | -$38.7M | -$2.13M | $0 |
| Purchases of Investments | -$353.62M | -$493.84M | -$403.19M | -$373.17M | -$4.3M | $0 | $0 | $0 | $0 |
| Sales of Investments | $411.93M | $440.54M | $377.69M | $85.63M | $4.3M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$73.87M | -$32.41M | $357K | -$4.3M | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$70.5M | -$150.11M | -$76.06M | -$340.48M | -$541.77M | -$33.51M | -$66.69M | -$23.96M | -$9.12M |
| Financing Activities | |||||||||
| Debt Repaid | $1.64M | $2.02M | $1.85M | $1.71M | $1.51M | $1.34M | $1.13M | -$312K | $345K |
| Common Stock Issuance | $38.14M | $39.81M | $43.02M | $22.09M | $708.22M | $276.01M | $96.69M | $77.99M | $1.06M |
| Common Stock Repurchases | -$128.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$85.17M | -$1.55M | $0 | $18.26M | $5.12M | -$2.56M | -$2.81M | -$156K | $0 |
| Net Cash from Financing | -$177.5M | $36.24M | $41.16M | $38.65M | $711.83M | $272.12M | $92.76M | $78.15M | $715K |
| Forex Effect | -$7.91M | -$2.37M | $855K | -$180K | -$829K | $966K | -$61K | -$284K | $1K |
| Net Change in Cash | $42.96M | $79.93M | $57.97M | -$289.4M | $205.96M | $261.43M | $19.01M | $32.8M | -$33.06M |
| Supplementary Data | |||||||||
| Operating Cash Flow | $298.87M | $196.17M | $92.02M | $12.61M | $36.73M | $21.85M | -$7M | -$21.1M | -$24.66M |
| Capital Expenditure | -$83.76M | -$19.14M | -$45.01M | -$49.43M | -$27.63M | -$18.97M | -$27.99M | -$21.83M | -$9.12M |
| Free Cash Flow | $215.11M | $177.03M | $47.01M | -$36.82M | $9.1M | $2.89M | -$34.99M | -$42.94M | -$33.78M |
| Cash at Beginning | $437.72M | $357.79M | $299.82M | $589.21M | $383.25M | $121.83M | $102.82M | $70.02M | $103.08M |
| Cash at End | $480.68M | $437.72M | $357.79M | $299.82M | $589.21M | $383.25M | $121.83M | $102.82M | $70.02M |