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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) 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 $233.0M, roughly 1.5× CSW INDUSTRIALS, INC.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -10.8%, a 15.2% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 15.6%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $22.7M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs 5.1%).
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.
CSW vs PCOR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $349.1M |
| Net Profit | $10.3M | $-37.6M |
| Gross Margin | 39.7% | 80.1% |
| Operating Margin | 7.4% | -12.3% |
| Net Margin | 4.4% | -10.8% |
| Revenue YoY | 20.3% | 15.6% |
| Net Profit YoY | -61.9% | 39.6% |
| EPS (diluted) | $0.62 | $-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 | $233.0M | $349.1M | ||
| Q3 25 | $277.0M | $338.9M | ||
| Q2 25 | $263.6M | $323.9M | ||
| Q1 25 | $230.5M | $310.6M | ||
| Q4 24 | $193.6M | $302.0M | ||
| Q3 24 | $227.9M | $295.9M | ||
| Q2 24 | $226.2M | $284.3M | ||
| Q1 24 | $210.9M | $269.4M |
| Q4 25 | $10.3M | $-37.6M | ||
| Q3 25 | $40.7M | $-9.1M | ||
| Q2 25 | $40.9M | $-21.1M | ||
| Q1 25 | $35.1M | $-33.0M | ||
| Q4 24 | $26.9M | $-62.3M | ||
| Q3 24 | $36.1M | $-26.4M | ||
| Q2 24 | $38.6M | $-6.3M | ||
| Q1 24 | $31.8M | $-11.0M |
| Q4 25 | 39.7% | 80.1% | ||
| Q3 25 | 43.0% | 79.7% | ||
| Q2 25 | 43.8% | 79.1% | ||
| Q1 25 | 44.2% | 79.1% | ||
| Q4 24 | 41.4% | 81.2% | ||
| Q3 24 | 45.6% | 81.4% | ||
| Q2 24 | 47.5% | 83.1% | ||
| Q1 24 | 44.4% | 83.0% |
| Q4 25 | 7.4% | -12.3% | ||
| Q3 25 | 20.5% | -4.4% | ||
| Q2 25 | 20.8% | -9.3% | ||
| Q1 25 | 19.5% | -11.7% | ||
| Q4 24 | 15.3% | -21.9% | ||
| Q3 24 | 22.6% | -12.3% | ||
| Q2 24 | 24.3% | -5.2% | ||
| Q1 24 | 21.0% | -7.0% |
| Q4 25 | 4.4% | -10.8% | ||
| Q3 25 | 14.7% | -2.7% | ||
| Q2 25 | 15.5% | -6.5% | ||
| Q1 25 | 15.2% | -10.6% | ||
| Q4 24 | 13.9% | -20.6% | ||
| Q3 24 | 15.8% | -8.9% | ||
| Q2 24 | 17.1% | -2.2% | ||
| Q1 24 | 15.1% | -4.1% |
| Q4 25 | $0.62 | $-0.25 | ||
| Q3 25 | $2.41 | $-0.06 | ||
| Q2 25 | $2.43 | $-0.14 | ||
| Q1 25 | $2.05 | $-0.22 | ||
| Q4 24 | $1.60 | $-0.42 | ||
| Q3 24 | $2.26 | $-0.18 | ||
| Q2 24 | $2.47 | $-0.04 | ||
| Q1 24 | $2.03 | $-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 | $40.2M | $768.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $1.3B |
| Total Assets | $2.3B | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $768.5M | ||
| Q3 25 | $31.5M | $684.0M | ||
| Q2 25 | $38.0M | $620.9M | ||
| Q1 25 | $225.8M | $566.7M | ||
| Q4 24 | $213.8M | $775.4M | ||
| Q3 24 | $273.2M | $756.9M | ||
| Q2 24 | $18.9M | $735.4M | ||
| Q1 24 | $22.2M | $744.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $650.2M | $1.3B | ||
| Q1 24 | $615.7M | $1.2B |
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $2.0B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.0B | $1.9B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $28.9M | $114.9M |
| Free Cash FlowOCF − Capex | $22.7M | $109.2M |
| FCF MarginFCF / Revenue | 9.8% | 31.3% |
| Capex IntensityCapex / Revenue | 2.6% | 1.6% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $114.9M | ||
| Q3 25 | $61.8M | $88.5M | ||
| Q2 25 | $60.6M | $30.8M | ||
| Q1 25 | $27.3M | $66.0M | ||
| Q4 24 | $11.6M | $29.1M | ||
| Q3 24 | $66.8M | $39.3M | ||
| Q2 24 | $62.7M | $58.7M | ||
| Q1 24 | $22.4M | $69.1M |
| Q4 25 | $22.7M | $109.2M | ||
| Q3 25 | $58.7M | $83.1M | ||
| Q2 25 | $57.7M | $27.9M | ||
| Q1 25 | $22.8M | $62.0M | ||
| Q4 24 | $8.5M | $17.4M | ||
| Q3 24 | $61.3M | $35.7M | ||
| Q2 24 | $59.6M | $56.8M | ||
| Q1 24 | $17.5M | $67.1M |
| Q4 25 | 9.8% | 31.3% | ||
| Q3 25 | 21.2% | 24.5% | ||
| Q2 25 | 21.9% | 8.6% | ||
| Q1 25 | 9.9% | 20.0% | ||
| Q4 24 | 4.4% | 5.8% | ||
| Q3 24 | 26.9% | 12.1% | ||
| Q2 24 | 26.3% | 20.0% | ||
| Q1 24 | 8.3% | 24.9% |
| Q4 25 | 2.6% | 1.6% | ||
| Q3 25 | 1.1% | 1.6% | ||
| Q2 25 | 1.1% | 0.9% | ||
| Q1 25 | 2.0% | 1.3% | ||
| Q4 24 | 1.6% | 3.9% | ||
| Q3 24 | 2.4% | 1.2% | ||
| Q2 24 | 1.4% | 0.7% | ||
| Q1 24 | 2.3% | 0.8% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
