PROCORE TECHNOLOGIES, INC.PCOREarnings & Financial Report
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
PCOR Q1 FY2026 Key Financial Metrics
Revenue
$359.3M
Gross Profit
$287.8M
Operating Profit
$55.8M
Net Profit
$-9.1M
Gross Margin
80.1%
Operating Margin
15.5%
Net Margin
-2.5%
YoY Growth
15.7%
EPS
$-0.06
PROCORE TECHNOLOGIES, INC. Q1 FY2026 Financial Summary
PROCORE TECHNOLOGIES, INC. reported revenue of $359.3M (up 15.7% YoY) for Q1 FY2026, with a net profit of $-9.1M (up 72.4% YoY) (-2.5% margin). Cost of goods sold was $71.5M, operating expenses totaled $232.0M.
Key Financial Metrics
| Total Revenue | $359.3M |
|---|---|
| Net Profit | $-9.1M |
| Gross Margin | 80.1% |
| Operating Margin | 15.5% |
| Report Period | Q1 FY2026 |
PROCORE TECHNOLOGIES, INC. Annual Revenue by Year
PROCORE TECHNOLOGIES, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
PROCORE TECHNOLOGIES, INC. Quarterly Revenue & Net Profit History
PROCORE TECHNOLOGIES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $359.3M | +15.7% | $-9.1M | -2.5% |
| Q4 FY2025 | $349.1M | +15.6% | $-37.6M | -10.8% |
| Q3 FY2025 | $338.9M | +14.5% | $-9.1M | -2.7% |
| Q2 FY2025 | $323.9M | +13.9% | $-21.1M | -6.5% |
| Q1 FY2025 | $310.6M | +15.3% | $-33.0M | -10.6% |
| Q4 FY2024 | $302.0M | +16.2% | $-62.3M | -20.6% |
| Q3 FY2024 | $295.9M | +19.4% | $-26.4M | -8.9% |
| Q2 FY2024 | $284.3M | +24.4% | $-6.3M | -2.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $284.3M | $295.9M | $302.0M | $310.6M | $323.9M | $338.9M | $349.1M | $359.3M |
| YoY Growth | 24.4% | 19.4% | 16.2% | 15.3% | 13.9% | 14.5% | 15.6% | 15.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.97B | $2.02B | $2.10B | $1.95B | $2.00B | $2.06B | $2.24B | $2.11B |
| Liabilities | $711.2M | $733.1M | $813.0M | $767.1M | $786.5M | $834.5M | $976.8M | $908.1M |
| Equity | $1.26B | $1.29B | $1.29B | $1.18B | $1.22B | $1.22B | $1.26B | $1.20B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $58.7M | $39.3M | $29.1M | $66.0M | $30.8M | $88.5M | $114.9M | $76.8M |