Procore Technologies Financial Statements
NYSE: PCORTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Procore Technologies revenue and earnings
In fiscal 2025, Procore Technologies generated $1.32 billion in revenue, up 14.8% from fiscal 2024, its 6th consecutive year of revenue growth. Procore Technologies reported a net loss of $100.8 million, compared with a loss of $106.0 million a year earlier. Gross margin was 79.5% (down from 82.1%) and operating margin -9.4%.
Diluted earnings per share came in at -$0.67. Over the last 5 fiscal years, PCOR's revenue has grown at a 27.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Procore Technologies income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.32B | 1.15B | 950.01M | 720.20M | 514.82M | 400.29M | 289.19M |
| Revenue growth (YoY) | +14.83% | +21.23% | +31.91% | +39.89% | +28.61% | +38.42% | — |
| Cost of Revenue | 270.83M | 205.61M | 174.46M | 148.42M | 98.31M | 71.66M | 53.17M |
| Gross Profit | 1.05B | 946.10M | 775.55M | 571.79M | 416.51M | 328.63M | 236.03M |
| Operating Expenses | 1.18B | 1.08B | 991.23M | 862.24M | 702.44M | 387.16M | 318.65M |
| Research & Development | 362.37M | 312.99M | 300.57M | 270.98M | 237.29M | 124.66M | 87.02M |
| Selling, General & Admin | 813.65M | 769.53M | 690.65M | 591.26M | 465.15M | 262.50M | 231.63M |
| Operating Income | -124.34M | -136.42M | -215.68M | -290.45M | -285.93M | -58.53M | -82.62M |
| Interest Expense | 1.15M | 1.90M | 1.96M | 2.13M | 2.33M | 2.35M | 930.00K |
| Other Income (Expense) | 2.31M | -3.14M | -360.00K | -1.74M | -843.00K | 420.00K | 518.00K |
| Pretax Income | -93.98M | -104.18M | -188.42M | -286.46M | -288.92M | -97.16M | -83.04M |
| Income Tax | 6.80M | 1.77M | 1.27M | 466.00K | -23.76M | -993.00K | 71.00K |
| Net Income | -100.78M | -105.96M | -189.69M | -286.93M | -265.17M | -96.17M | -83.11M |
| Net Income growth (YoY) | — | — | — | — | — | — | — |
| EPS (Basic) | -0.67 | -0.72 | -1.34 | -2.10 | -2.86 | -3.45 | -3.41 |
| EPS (Diluted) | -0.67 | -0.72 | -1.34 | -2.10 | -2.86 | -3.56 | -3.41 |
| Shares Outstanding (Basic) | 150.25M | 147.44M | 141.96M | 136.53M | 92.67M | 27.90M | 24.36M |
| Shares Outstanding (Diluted) | 150.25M | 147.44M | 141.96M | 136.53M | 92.67M | 27.90M | 24.36M |
| EBITDA | -13.77M | -46.67M | -144.04M | -227.41M | -249.55M | -32.54M | -67.74M |
| Gross Margin | 79.52% | 82.15% | 81.64% | 79.39% | 80.90% | 82.10% | 81.62% |
| Operating Margin | -9.40% | -11.85% | -22.70% | -40.33% | -55.54% | -14.62% | -28.57% |
| Net Margin | -7.62% | -9.20% | -19.97% | -39.84% | -51.51% | -24.02% | -28.74% |
This table shows 7 annual periods of Procore Technologies's income statement, from FY 2025 back to FY 2019, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PCOR's reporting calendar. What is a income statement?