Procore Technologies Inc. | Mid-cap | Technology
$62.32
-3.12%
| Procore Technologies Stock Comparison:
Procore Technologies vs SalesforceProcore Technologies vs IntuitProcore Technologies vs PegasystemsProcore Technologies vs Altair EngineeringProcore Technologies vs Descartes SystemsProcore Technologies vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 310.6M
Gross Profit 245.7M 79.10%
Operating Income -36.2M -11.67%
Net Income -33.0M -10.62%
EPS (Diluted) $-0.22

Balance Sheet Metrics

Total Assets 1.9B
Total Liabilities 767.1M
Shareholders Equity 1.2B
Debt to Equity 0.65

Cash Flow Metrics

Operating Cash Flow 87.3M
Free Cash Flow 46.7M

Revenue & Profitability Trend

Procore Technologies Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.2B950.0M720.2M514.8M400.3M
Cost of Goods Sold i205.6M174.5M148.4M98.3M71.7M
Gross Profit i946.1M775.5M571.8M416.5M328.6M
Gross Margin % i82.1%81.6%79.4%80.9%82.1%
Operating Expenses
Research & Development i313.0M300.6M271.0M237.3M124.7M
Selling, General & Administrative i769.5M690.7M591.3M465.1M262.5M
Other Operating Expenses i-----
Total Operating Expenses i1.1B991.2M862.2M702.4M387.2M
Operating Income i-136.4M-215.7M-290.5M-285.9M-58.5M
Operating Margin % i-11.8%-22.7%-40.3%-55.5%-14.6%
Non-Operating Items
Interest Income i23.7M19.8M5.8M175.0K293.0K
Interest Expense i1.9M2.0M2.1M2.3M2.4M
Other Non-Operating Income10.4M9.4M298.0K-843.0K-36.6M
Pre-tax Income i-104.2M-188.4M-286.5M-288.9M-97.2M
Income Tax i1.8M1.3M466.0K-23.8M-993.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-106.0M-189.7M-286.9M-265.2M-96.2M
Net Margin % i-9.2%-20.0%-39.8%-51.5%-24.0%
Key Metrics
EBITDA i-12.5M-114.8M-221.3M-250.2M-31.8M
EPS (Basic) i$-0.72$-1.34$-2.10$-2.86$-0.82
EPS (Diluted) i$-0.72$-1.34$-2.10$-2.86$-0.82
Basic Shares Outstanding i14744477214196146713652572892673453117731615
Diluted Shares Outstanding i14744477214196146713652572892673453117731615

Income Statement Trend

Procore Technologies Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i437.7M357.8M296.7M586.1M379.9M
Short-term Investments i337.7M320.2M285.5M0-
Accounts Receivable i246.5M206.6M148.7M114.0M77.7M
Inventory i-----
Other Current Assets44.1M42.4M44.7M35.2M16.8M
Total Current Assets i1.1B955.7M799.2M752.3M488.0M
Non-Current Assets
Property, Plant & Equipment i60.5M78.5M79.0M83.7M91.9M
Goodwill i1.3B1.3B1.3B1.3B303.7M
Intangible Assets i233.3M220.6M221.5M229.0M51.8M
Long-term Investments-----
Other Non-Current Assets68.4M63.1M62.4M47.9M32.9M
Total Non-Current Assets i1.0B937.8M941.2M938.4M332.8M
Total Assets i2.1B1.9B1.7B1.7B820.8M
Liabilities
Current Liabilities
Accounts Payable i33.1M13.2M14.3M15.5M9.0M
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities21.4M27.3M21.6M20.8M10.8M
Total Current Liabilities i728.0M642.4M531.6M403.7M261.7M
Non-Current Liabilities
Long-term Debt i74.0M81.5M83.7M88.9M95.4M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities5.1M6.3M3.0M4.7M1.9M
Total Non-Current Liabilities i85.0M95.5M92.0M97.7M831.2M
Total Liabilities i813.0M738.0M623.6M501.4M1.1B
Equity
Common Stock i15.0K15.0K14.0K13.0K3.0K
Retained Earnings i-1.2B-1.1B-949.1M-662.2M-397.0M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.3B1.2B1.1B1.2B-272.1M
Key Metrics
Total Debt i74.0M81.5M83.7M88.9M95.4M
Working Capital i371.8M313.3M267.6M348.6M226.3M

Balance Sheet Composition

Procore Technologies Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-106.0M-189.7M-286.9M-265.2M-96.2M
Depreciation & Amortization i89.8M71.6M63.0M36.4M26.0M
Stock-Based Compensation i186.9M174.8M162.9M227.2M44.0M
Working Capital Changes i43.1M25.0M30.8M32.6M14.3M
Operating Cash Flow i224.0M94.1M-20.3M14.0M-6.7M
Investing Activities
Capital Expenditures i-19.1M-10.3M-15.8M-12.4M-7.2M
Acquisitions i-25.9M00-509.8M-14.5M
Investment Purchases i-493.8M-403.2M-373.2M-4.3M0
Investment Sales i440.5M377.7M85.6M00
Investing Cash Flow i-100.6M-41.4M-306.8M-526.5M-21.7M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i----1.5M-1.3M
Financing Cash Flow i-1.6M0-4.1M659.3M174.0M
Free Cash Flow i127.5M47.0M-36.8M9.1M2.9M
Net Change in Cash i121.8M52.7M-331.3M146.8M145.6M

Cash Flow Trend

Procore Technologies Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -89.03
Forward P/E 52.98
Price to Book 7.91
Price to Sales 7.81
PEG Ratio 52.98

Profitability Ratios

Profit Margin -11.58%
Operating Margin -9.04%
Return on Equity -11.54%
Return on Assets -5.22%

Financial Health

Current Ratio 1.29
Debt to Equity 5.94
Beta 0.90

Per Share Data

EPS (TTM) $-0.96
Book Value per Share $8.11
Revenue per Share $8.26

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
pcor9.6B-89.037.91-11.54%-11.58%5.94
Salesforce 238.2B39.053.9310.31%16.08%19.81
Intuit 217.4B63.6810.5617.84%19.07%0.35
Pegasystems 9.8B46.8015.6441.55%13.14%12.65
Altair Engineering 9.6B699.0611.171.81%2.13%30.23
Descartes Systems 8.9B62.906.1310.66%21.67%0.55

Financial data is updated regularly. All figures are in the company's reporting currency.