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Side-by-side financial comparison of Andersons, Inc. (ANDE) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $329.5M, roughly 1.1× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs -10.8%, a 31.2% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs -2.4%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $-77.1M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs -1.8%).
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.
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.
ANDE vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $349.1M |
| Net Profit | $67.4M | $-37.6M |
| Gross Margin | 70.3% | 80.1% |
| Operating Margin | 26.6% | -12.3% |
| Net Margin | 20.5% | -10.8% |
| Revenue YoY | -2.4% | 15.6% |
| Net Profit YoY | 49.6% | 39.6% |
| EPS (diluted) | — | $-0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $329.5M | $349.1M | ||
| Q3 25 | $295.8M | $338.9M | ||
| Q2 25 | $535.0M | $323.9M | ||
| Q1 25 | $370.8M | $310.6M | ||
| Q4 24 | $337.5M | $302.0M | ||
| Q3 24 | $231.9M | $295.9M | ||
| Q2 24 | $492.5M | $284.3M | ||
| Q1 24 | $341.4M | $269.4M |
| Q4 25 | $67.4M | $-37.6M | ||
| Q3 25 | $20.1M | $-9.1M | ||
| Q2 25 | $7.9M | $-21.1M | ||
| Q1 25 | $284.0K | $-33.0M | ||
| Q4 24 | $45.1M | $-62.3M | ||
| Q3 24 | $27.4M | $-26.4M | ||
| Q2 24 | $36.0M | $-6.3M | ||
| Q1 24 | $5.6M | $-11.0M |
| Q4 25 | 70.3% | 80.1% | ||
| Q3 25 | 57.8% | 79.7% | ||
| Q2 25 | 29.6% | 79.1% | ||
| Q1 25 | 41.2% | 79.1% | ||
| Q4 24 | 63.1% | 81.2% | ||
| Q3 24 | 76.4% | 81.4% | ||
| Q2 24 | 35.6% | 83.1% | ||
| Q1 24 | 37.6% | 83.0% |
| Q4 25 | 26.6% | -12.3% | ||
| Q3 25 | 8.7% | -4.4% | ||
| Q2 25 | 4.6% | -9.3% | ||
| Q1 25 | 0.9% | -11.7% | ||
| Q4 24 | 19.9% | -21.9% | ||
| Q3 24 | 26.8% | -12.3% | ||
| Q2 24 | 11.6% | -5.2% | ||
| Q1 24 | 4.1% | -7.0% |
| Q4 25 | 20.5% | -10.8% | ||
| Q3 25 | 6.8% | -2.7% | ||
| Q2 25 | 1.5% | -6.5% | ||
| Q1 25 | 0.1% | -10.6% | ||
| Q4 24 | 13.4% | -20.6% | ||
| Q3 24 | 11.8% | -8.9% | ||
| Q2 24 | 7.3% | -2.2% | ||
| Q1 24 | 1.6% | -4.1% |
| Q4 25 | — | $-0.25 | ||
| Q3 25 | $0.59 | $-0.06 | ||
| Q2 25 | $0.23 | $-0.14 | ||
| Q1 25 | $0.01 | $-0.22 | ||
| Q4 24 | $1.31 | $-0.42 | ||
| Q3 24 | $0.80 | $-0.18 | ||
| Q2 24 | $1.05 | $-0.04 | ||
| Q1 24 | $0.16 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.3M | $768.5M |
| Total DebtLower is stronger | $560.0M | — |
| Stockholders' EquityBook value | $1.2B | $1.3B |
| Total Assets | $3.7B | $2.2B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $768.5M | ||
| Q3 25 | — | $684.0M | ||
| Q2 25 | — | $620.9M | ||
| Q1 25 | — | $566.7M | ||
| Q4 24 | $561.8M | $775.4M | ||
| Q3 24 | — | $756.9M | ||
| Q2 24 | — | $735.4M | ||
| Q1 24 | — | $744.6M |
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $1.3B | $1.2B |
| Q4 25 | $3.7B | $2.2B | ||
| Q3 25 | $3.3B | $2.1B | ||
| Q2 25 | $3.4B | $2.0B | ||
| Q1 25 | $3.8B | $1.9B | ||
| Q4 24 | $4.1B | $2.1B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.3B | $2.0B | ||
| Q1 24 | $3.3B | $1.9B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.2M | $114.9M |
| Free Cash FlowOCF − Capex | $-77.1M | $109.2M |
| FCF MarginFCF / Revenue | -23.4% | 31.3% |
| Capex IntensityCapex / Revenue | 21.5% | 1.6% |
| Cash ConversionOCF / Net Profit | -0.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $114.9M | ||
| Q3 25 | $233.9M | $88.5M | ||
| Q2 25 | $299.3M | $30.8M | ||
| Q1 25 | $-350.0M | $66.0M | ||
| Q4 24 | $268.8M | $29.1M | ||
| Q3 24 | $-2.1M | $39.3M | ||
| Q2 24 | $304.4M | $58.7M | ||
| Q1 24 | $-239.6M | $69.1M |
| Q4 25 | $-77.1M | $109.2M | ||
| Q3 25 | $167.0M | $83.1M | ||
| Q2 25 | $250.5M | $27.9M | ||
| Q1 25 | $-396.6M | $62.0M | ||
| Q4 24 | $212.9M | $17.4M | ||
| Q3 24 | $-40.0M | $35.7M | ||
| Q2 24 | $275.8M | $56.8M | ||
| Q1 24 | $-266.4M | $67.1M |
| Q4 25 | -23.4% | 31.3% | ||
| Q3 25 | 56.5% | 24.5% | ||
| Q2 25 | 46.8% | 8.6% | ||
| Q1 25 | -106.9% | 20.0% | ||
| Q4 24 | 63.1% | 5.8% | ||
| Q3 24 | -17.2% | 12.1% | ||
| Q2 24 | 56.0% | 20.0% | ||
| Q1 24 | -78.0% | 24.9% |
| Q4 25 | 21.5% | 1.6% | ||
| Q3 25 | 22.6% | 1.6% | ||
| Q2 25 | 9.1% | 0.9% | ||
| Q1 25 | 12.6% | 1.3% | ||
| Q4 24 | 16.6% | 3.9% | ||
| Q3 24 | 16.3% | 1.2% | ||
| Q2 24 | 5.8% | 0.7% | ||
| Q1 24 | 7.8% | 0.8% |
| Q4 25 | -0.09× | — | ||
| Q3 25 | 11.61× | — | ||
| Q2 25 | 38.10× | — | ||
| Q1 25 | -1232.46× | — | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | — | ||
| Q1 24 | -42.94× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
