Procore Technologies, Inc. (PCOR)

Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally. Its platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. The company offers Preconstruction that facilitates collaboration between internal and external stakeholders during the takeoff, planning, budgeting, estimating, bidding, design, and partner selection phases of a construction project and Project Execution, which enables collaboration, information transmission and storage, and safety regulation compliance for teams on the jobsite and in the back office. It also provides Resource Management, that helps customers to schedule, track, and forecast workforce and equipment productivity, improve time management, communicate with workforces, optimize procurement and movement of materials, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, and support payments between key stakeholders. The company serves owners, general contractors, and specialty contractors operating in the residential and non-residential segments of the construction industry. The company sells its products online through computers, smartphones, tablets, web browser, and mobile application available for iOS and Android platforms. Procore Technologies, Inc. was formerly known as Butterfly Lane, Inc and changed its name to Procore Technologies, Inc. in May 2002. The company was incorporated in 2002 and is headquartered in Carpinteria, California.

Symbol
PCOR
Exchange
NYSE
Sector
Technology
Industry
Software - Application
Market cap
$7.72B
52 week range
38.03 - 82.32

Valuation

Share price
$51.06 (close of 2026-09-23)
P/E (TTM)
-195.58x
Price to book
6.04x
Price to free cash flow
22.26x
Enterprise value
$7.29B
Book value per share
$8.42

Price performance

PeriodChange
1 day-1.22%
5 days-2.85%
1 month-19.58%
3 months+31.16%
6 months-13.15%
Year to date-29.80%
1 year-30.94%
3 years-20.47%
5 years-46.07%
All time-41.98%

Profitability and growth

Return on equity
-7.98%
Return on invested capital
-14.56%
Return on assets
-4.50%
Return on capital employed
-9.18%
Gross margin
79.52%
Net margin
-7.62%
EBITDA margin
-1.04%
Revenue growth
14.83%
Net income growth
4.88%
Free cash flow growth
59.39%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.49%
Current ratio
1.17x
Net debt to EBITDA
-5.67x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.32B
Cost of revenue
$270.83M
Gross profit
$1.05B
EBITDA
$-13.77M
Net income
$-100.78M
Earnings per share
$-0.67
Research and development
$362.37M
Shares outstanding
150.25M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.32B$1.05B$-100.78M$-0.67
2024-12-31$1.15B$946.10M$-105.96M$-0.72
2023-12-31$950.01M$775.55M$-189.69M$-1.34
2022-12-31$720.20M$571.79M$-286.93M$-2.10
2021-12-31$514.82M$416.51M$-265.17M$-2.86
2020-12-31$400.29M$328.63M$-96.17M$-3.45
2019-12-31$289.19M$236.03M$-83.11M$-3.41

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3179.52%-7.62%-7.98%-14.56%
2024-12-3182.15%-9.20%-8.22%-14.75%
2023-12-3181.64%-19.97%-16.42%-24.53%
2022-12-3179.39%-39.84%-25.69%-32.14%
2021-12-3180.90%-51.51%-22.30%-37.46%
2020-12-3182.10%-24.02%35.34%-
2019-12-3181.62%-28.74%32.75%-

Cash and debt by year

Period endCash
2025-12-31$480.68M
2024-12-31$437.72M
2023-12-31$357.79M
2022-12-31$296.71M
2021-12-31$586.11M
2020-12-31$379.91M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$282.17M$238.43M
2024-12-31$177.03M$186.88M
2023-12-31$81.69M$174.84M
2022-12-31$-3.17M$162.89M
2021-12-31$24.35M$227.16M
2020-12-31$14.65M$43.96M
2019-12-31$-20.06M$19.24M

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$0.15

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29Jun/2026$0.02
2026-05-05--
2026-02-12--
2025-11-05--
2025-07-31--
2025-05-01--
2025-02-13--
2024-10-30--

Filings and sources

Company website
procore.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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