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Side-by-side financial comparison of Paymentus Holdings, Inc. (PAY) 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 $330.5M, roughly 1.1× Paymentus Holdings, Inc.). Paymentus Holdings, Inc. runs the higher net margin — 6.3% vs -10.8%, a 17.0% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 15.6%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $45.0M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs 13.8%).
Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.
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.
PAY vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $330.5M | $349.1M |
| Net Profit | $20.7M | $-37.6M |
| Gross Margin | 25.4% | 80.1% |
| Operating Margin | 7.3% | -12.3% |
| Net Margin | 6.3% | -10.8% |
| Revenue YoY | 28.1% | 15.6% |
| Net Profit YoY | 57.2% | 39.6% |
| EPS (diluted) | $0.16 | $-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 | $330.5M | $349.1M | ||
| Q3 25 | $310.7M | $338.9M | ||
| Q2 25 | $280.1M | $323.9M | ||
| Q1 25 | $275.2M | $310.6M | ||
| Q4 24 | $257.9M | $302.0M | ||
| Q3 24 | $231.6M | $295.9M | ||
| Q2 24 | $197.4M | $284.3M | ||
| Q1 24 | $184.9M | $269.4M |
| Q4 25 | $20.7M | $-37.6M | ||
| Q3 25 | $17.7M | $-9.1M | ||
| Q2 25 | $14.7M | $-21.1M | ||
| Q1 25 | $13.8M | $-33.0M | ||
| Q4 24 | $13.1M | $-62.3M | ||
| Q3 24 | $14.4M | $-26.4M | ||
| Q2 24 | $9.4M | $-6.3M | ||
| Q1 24 | $7.2M | $-11.0M |
| Q4 25 | 25.4% | 80.1% | ||
| Q3 25 | 24.1% | 79.7% | ||
| Q2 25 | 25.5% | 79.1% | ||
| Q1 25 | 24.0% | 79.1% | ||
| Q4 24 | 25.6% | 81.2% | ||
| Q3 24 | 26.2% | 81.4% | ||
| Q2 24 | 29.8% | 83.1% | ||
| Q1 24 | 28.5% | 83.0% |
| Q4 25 | 7.3% | -12.3% | ||
| Q3 25 | 6.4% | -4.4% | ||
| Q2 25 | 5.7% | -9.3% | ||
| Q1 25 | 5.7% | -11.7% | ||
| Q4 24 | 5.5% | -21.9% | ||
| Q3 24 | 5.2% | -12.3% | ||
| Q2 24 | 5.2% | -5.2% | ||
| Q1 24 | 4.5% | -7.0% |
| Q4 25 | 6.3% | -10.8% | ||
| Q3 25 | 5.7% | -2.7% | ||
| Q2 25 | 5.3% | -6.5% | ||
| Q1 25 | 5.0% | -10.6% | ||
| Q4 24 | 5.1% | -20.6% | ||
| Q3 24 | 6.2% | -8.9% | ||
| Q2 24 | 4.7% | -2.2% | ||
| Q1 24 | 3.9% | -4.1% |
| Q4 25 | $0.16 | $-0.25 | ||
| Q3 25 | $0.14 | $-0.06 | ||
| Q2 25 | $0.11 | $-0.14 | ||
| Q1 25 | $0.11 | $-0.22 | ||
| Q4 24 | $0.11 | $-0.42 | ||
| Q3 24 | $0.11 | $-0.18 | ||
| Q2 24 | $0.07 | $-0.04 | ||
| Q1 24 | $0.06 | $-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 | $320.9M | $768.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $560.4M | $1.3B |
| Total Assets | $667.9M | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $320.9M | $768.5M | ||
| Q3 25 | $287.9M | $684.0M | ||
| Q2 25 | $266.4M | $620.9M | ||
| Q1 25 | $245.8M | $566.7M | ||
| Q4 24 | $205.9M | $775.4M | ||
| Q3 24 | $187.5M | $756.9M | ||
| Q2 24 | $188.8M | $735.4M | ||
| Q1 24 | $180.1M | $744.6M |
| Q4 25 | $560.4M | $1.3B | ||
| Q3 25 | $537.4M | $1.2B | ||
| Q2 25 | $516.7M | $1.2B | ||
| Q1 25 | $500.4M | $1.2B | ||
| Q4 24 | $485.6M | $1.3B | ||
| Q3 24 | $468.8M | $1.3B | ||
| Q2 24 | $451.6M | $1.3B | ||
| Q1 24 | $439.4M | $1.2B |
| Q4 25 | $667.9M | $2.2B | ||
| Q3 25 | $644.4M | $2.1B | ||
| Q2 25 | $609.5M | $2.0B | ||
| Q1 25 | $590.9M | $1.9B | ||
| Q4 24 | $576.2M | $2.1B | ||
| Q3 24 | $552.9M | $2.0B | ||
| Q2 24 | $527.7M | $2.0B | ||
| Q1 24 | $514.0M | $1.9B |
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 | $45.1M | $114.9M |
| Free Cash FlowOCF − Capex | $45.0M | $109.2M |
| FCF MarginFCF / Revenue | 13.6% | 31.3% |
| Capex IntensityCapex / Revenue | 0.0% | 1.6% |
| Cash ConversionOCF / Net Profit | 2.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | $161.8M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.1M | $114.9M | ||
| Q3 25 | $35.1M | $88.5M | ||
| Q2 25 | $31.5M | $30.8M | ||
| Q1 25 | $50.4M | $66.0M | ||
| Q4 24 | $27.9M | $29.1M | ||
| Q3 24 | $6.7M | $39.3M | ||
| Q2 24 | $18.0M | $58.7M | ||
| Q1 24 | $11.0M | $69.1M |
| Q4 25 | $45.0M | $109.2M | ||
| Q3 25 | $35.0M | $83.1M | ||
| Q2 25 | $31.4M | $27.9M | ||
| Q1 25 | $50.4M | $62.0M | ||
| Q4 24 | $27.8M | $17.4M | ||
| Q3 24 | $6.7M | $35.7M | ||
| Q2 24 | $17.8M | $56.8M | ||
| Q1 24 | $10.8M | $67.1M |
| Q4 25 | 13.6% | 31.3% | ||
| Q3 25 | 11.3% | 24.5% | ||
| Q2 25 | 11.2% | 8.6% | ||
| Q1 25 | 18.3% | 20.0% | ||
| Q4 24 | 10.8% | 5.8% | ||
| Q3 24 | 2.9% | 12.1% | ||
| Q2 24 | 9.0% | 20.0% | ||
| Q1 24 | 5.9% | 24.9% |
| Q4 25 | 0.0% | 1.6% | ||
| Q3 25 | 0.0% | 1.6% | ||
| Q2 25 | 0.0% | 0.9% | ||
| Q1 25 | 0.0% | 1.3% | ||
| Q4 24 | 0.0% | 3.9% | ||
| Q3 24 | 0.0% | 1.2% | ||
| Q2 24 | 0.1% | 0.7% | ||
| Q1 24 | 0.1% | 0.8% |
| Q4 25 | 2.18× | — | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 2.14× | — | ||
| Q1 25 | 3.65× | — | ||
| Q4 24 | 2.12× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 1.93× | — | ||
| Q1 24 | 1.52× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
