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Side-by-side financial comparison of BELDEN INC. (BDC) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $349.1M, roughly 2.0× PROCORE TECHNOLOGIES, INC.). BELDEN INC. runs the higher net margin — 7.3% vs -10.8%, a 18.1% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 11.4%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $-63.1M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs 7.3%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
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.
BDC vs PCOR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $349.1M |
| Net Profit | $51.0M | $-37.6M |
| Gross Margin | 37.1% | 80.1% |
| Operating Margin | 11.2% | -12.3% |
| Net Margin | 7.3% | -10.8% |
| Revenue YoY | 11.4% | 15.6% |
| Net Profit YoY | -1.8% | 39.6% |
| EPS (diluted) | $1.30 | $-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.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $349.1M | ||
| Q3 25 | $698.2M | $338.9M | ||
| Q2 25 | $672.0M | $323.9M | ||
| Q1 25 | $624.9M | $310.6M | ||
| Q4 24 | $666.0M | $302.0M | ||
| Q3 24 | $654.9M | $295.9M | ||
| Q2 24 | $604.3M | $284.3M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $-37.6M | ||
| Q3 25 | $56.7M | $-9.1M | ||
| Q2 25 | $61.0M | $-21.1M | ||
| Q1 25 | $51.9M | $-33.0M | ||
| Q4 24 | $58.4M | $-62.3M | ||
| Q3 24 | $53.7M | $-26.4M | ||
| Q2 24 | $49.0M | $-6.3M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 80.1% | ||
| Q3 25 | 37.7% | 79.7% | ||
| Q2 25 | 38.5% | 79.1% | ||
| Q1 25 | 39.3% | 79.1% | ||
| Q4 24 | 37.5% | 81.2% | ||
| Q3 24 | 37.3% | 81.4% | ||
| Q2 24 | 37.5% | 83.1% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | -12.3% | ||
| Q3 25 | 10.9% | -4.4% | ||
| Q2 25 | 11.8% | -9.3% | ||
| Q1 25 | 11.6% | -11.7% | ||
| Q4 24 | 10.4% | -21.9% | ||
| Q3 24 | 11.5% | -12.3% | ||
| Q2 24 | 11.4% | -5.2% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | -10.8% | ||
| Q3 25 | 8.1% | -2.7% | ||
| Q2 25 | 9.1% | -6.5% | ||
| Q1 25 | 8.3% | -10.6% | ||
| Q4 24 | 8.8% | -20.6% | ||
| Q3 24 | 8.2% | -8.9% | ||
| Q2 24 | 8.1% | -2.2% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $-0.25 | ||
| Q3 25 | $1.41 | $-0.06 | ||
| Q2 25 | $1.53 | $-0.14 | ||
| Q1 25 | $1.27 | $-0.22 | ||
| Q4 24 | $1.41 | $-0.42 | ||
| Q3 24 | $1.30 | $-0.18 | ||
| Q2 24 | $1.19 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $768.5M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.3B | $1.3B |
| Total Assets | — | $2.2B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $768.5M | ||
| Q3 25 | $314.3M | $684.0M | ||
| Q2 25 | $301.5M | $620.9M | ||
| Q1 25 | $259.0M | $566.7M | ||
| Q4 24 | $370.3M | $775.4M | ||
| Q3 24 | $323.0M | $756.9M | ||
| Q2 24 | $564.8M | $735.4M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $2.2B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.4B | $2.0B | ||
| Q1 25 | $3.3B | $1.9B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $3.5B | $2.0B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $114.9M |
| Free Cash FlowOCF − Capex | $-63.1M | $109.2M |
| FCF MarginFCF / Revenue | -9.1% | 31.3% |
| Capex IntensityCapex / Revenue | 6.4% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $114.9M | ||
| Q3 25 | $105.0M | $88.5M | ||
| Q2 25 | $82.0M | $30.8M | ||
| Q1 25 | $7.4M | $66.0M | ||
| Q4 24 | $174.7M | $29.1M | ||
| Q3 24 | $91.7M | $39.3M | ||
| Q2 24 | $83.0M | $58.7M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $109.2M | ||
| Q3 25 | $65.3M | $83.1M | ||
| Q2 25 | $56.9M | $27.9M | ||
| Q1 25 | $-24.8M | $62.0M | ||
| Q4 24 | $116.4M | $17.4M | ||
| Q3 24 | $67.2M | $35.7M | ||
| Q2 24 | $61.0M | $56.8M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 31.3% | ||
| Q3 25 | 9.4% | 24.5% | ||
| Q2 25 | 8.5% | 8.6% | ||
| Q1 25 | -4.0% | 20.0% | ||
| Q4 24 | 17.5% | 5.8% | ||
| Q3 24 | 10.3% | 12.1% | ||
| Q2 24 | 10.1% | 20.0% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 1.6% | ||
| Q3 25 | 5.7% | 1.6% | ||
| Q2 25 | 3.7% | 0.9% | ||
| Q1 25 | 5.2% | 1.3% | ||
| Q4 24 | 8.8% | 3.9% | ||
| Q3 24 | 3.7% | 1.2% | ||
| Q2 24 | 3.6% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
