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NYSE · Technology

PROCORE TECHNOLOGIES, INC. (PCOR)

As-reported financials and SEC filings for PROCORE TECHNOLOGIES, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PROCORE TECHNOLOGIES, INC.

Procore Technologies, Inc. provides construction management software designed to connect and empower key stakeholders in the construction industry, including owners, general contractors, and specialty contractors. Its platform offers integrated products for preconstruction, project execution, resource management, and financial management, enabling collaboration, workflow automation, and access to project information from any device. The company serves a range of customers from small businesses to global enterprises across residential and non-residential construction segments, generating most of its revenue through subscription fees based on construction volume.

Snapshot

Revenue
$1.32B
Revenue growth (YoY)
14.8%
Net income
$-100.8M
Diluted EPS
$-0.67
Gross margin
79.5%
Operating margin
-9.4%
Net margin
-7.6%
FCF margin
21.3%
ROE
-8.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$9.68B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Procore Technologies

  • Revenue grew 14.8% to $1.3B in FY2025, slower than the 21.2% the year before.
  • Operating margin is -9.4% in FY2025, +46.1 pp against -55.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $375M, up 15.8% from Q2 FY2025.
  • Free cash flow was $282M in FY2025, 21.3% of revenue.
  • Net loss narrowed to $101M in FY2025, from $106M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Procore Technologies’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin79.5%
83rd percentile of 264
Operating margin-9.4%
28th percentile of 303
Net margin-7.6%
31st percentile of 307
FCF margin21.3%
67th percentile of 285
Revenue growth (YoY)+14.8%
61st percentile of 325
ROE-8.0%
33rd percentile of 285
Short interest3.83d
56th percentile of 330

No reported insider purchases (code P) in the last 90 days; 19 insider sales totaling $11.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+7 quant / multi-strat
Initiated / added
6
5 new, 1 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$228.6M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$96.9M2.4MReduced
Citadel AdvisorsquantQ2 2026$90.9M2.2MNew
Point72 Asset ManagementquantQ2 2026$20.2M496.9KNew
Millennium ManagementquantQ2 2026$13.8M339.4KNew
Renaissance TechnologiesquantQ2 2026$3.8M93.3KNew
Two Sigma InvestmentsquantQ2 2026$1.8M43.3KNew
Gotham Asset ManagementQ2 2026$770,48019.0KReduced
D. E. ShawquantQ2 2026$474,80711.7KAdded

No longer held by: Tiger Global Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
19
$11.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-21
filed 2026-08-24
Singer Benjamin CChief Legal Officer; SecretarySell3.9K$63.35$250K
2026-08-19
filed 2026-08-20
Steele ElisaDirectorSell1.5K$63.00$95K
2026-08-11
filed 2026-08-13
Fleming William Fred JrSVP, Corporate ControllerSell10.0K$58.95$590K
2026-08-10
filed 2026-08-12
Courtemanche Craig F. Jr.DirectorSell43.5K$57.28$2.5M
2026-08-10
filed 2026-08-12
Courtemanche Craig F. Jr.DirectorSell12.6K$56.54$715K
2026-08-04
filed 2026-08-05
O CONNOR KEVIN JDirectorSell7.7K$54.98$423K
2026-08-03
filed 2026-08-05
O CONNOR KEVIN JDirectorSell8.2K$55.05$450K
2026-08-03
filed 2026-08-05
O CONNOR KEVIN JDirectorSell3.9K$55.84$220K
2026-08-03
filed 2026-08-05
O CONNOR KEVIN JDirectorSell3.3K$53.52$176K
2026-07-10
filed 2026-07-14
Courtemanche Craig F. Jr.DirectorSell42.9K$43.63$1.9M
2026-07-10
filed 2026-07-14
Courtemanche Craig F. Jr.DirectorSell13.2K$44.76$591K
2026-07-02
O CONNOR KEVIN JDirectorSell4.1K$42.99$175K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
15.7M
settled 2026-08-14
Change vs prior
+16.3%
vs previous settlement
Days to cover
3.83
at avg daily volume
Avg daily volume
4.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1415.7M+16.3%3.83
2026-07-3113.5M-2.8%3.67
2026-07-1513.9M+12.6%5.56
2026-06-3012.4M-9.6%2.93
2026-06-1513.7M+18.9%5.66
2026-05-2911.5M-1.8%5.42
2026-05-1511.7M+9.9%3.28
2026-04-3010.7M-7.8%5.59

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.32B$1.15B$950.0M$720.2M$514.8M
Gross profit$1.05B$946.1M$775.5M$571.8M$416.5M
Operating income$-124.3M$-136.4M$-215.7M$-290.5M$-285.9M
Net income$-100.8M$-106.0M$-189.7M$-286.9M$-265.2M
Diluted EPS$-0.67$-0.72$-1.34$-2.10$-2.86

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$480.7M$437.7M$357.8M$296.7M$586.1M
Current assets$1.17B$1.10B$955.7M$799.2M$752.3M
Total assets$2.24B$2.10B$1.89B$1.74B$1.69B
Current liabilities$884.6M$728.0M$642.4M$531.6M$403.7M
Long-term debt
Total liabilities$976.8M$813.0M$738.0M$623.6M$501.4M
Total equity$1.26B$1.29B$1.16B$1.12B$1.19B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$300.3M$196.2M$92.0M$12.6M$36.7M
Capital expenditure$18.1M$19.1M$10.3M$15.8M$12.4M
Free cash flow$282.2M$177.0M$81.7M$-3.2M$24.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$375.2M15.8%$16.9M$0.11
Q1 FY2026$359.3M15.7%$-9.1M$-0.06
Q4 FY2025$349.1M15.6%$-37.6M$-0.25
Q3 FY2025$338.9M14.5%$-9.1M$-0.06
Q2 FY2025$323.9M13.9%$-21.1M$-0.14
Q1 FY2025$310.6M15.3%$-33.0M$-0.22
Q4 FY2024$302.0M16.2%$-62.3M$-0.42
Q3 FY2024$295.9M19.4%$-26.4M$-0.18

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK1611052

Selected SEC filings

10-Q2026-07-31
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-02
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.