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Side-by-side financial comparison of PROCORE TECHNOLOGIES, INC. (PCOR) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $260.4M, roughly 1.3× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -10.8%, a 12.1% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs -9.4%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $8.7M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs 13.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
PCOR vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $349.1M | $260.4M |
| Net Profit | $-37.6M | $3.5M |
| Gross Margin | 80.1% | 19.9% |
| Operating Margin | -12.3% | 6.5% |
| Net Margin | -10.8% | 1.4% |
| Revenue YoY | 15.6% | -9.4% |
| Net Profit YoY | 39.6% | -14.3% |
| EPS (diluted) | $-0.25 | $0.39 |
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 | $349.1M | $260.4M | ||
| Q3 25 | $338.9M | $262.0M | ||
| Q2 25 | $323.9M | $223.9M | ||
| Q1 25 | $310.6M | $224.7M | ||
| Q4 24 | $302.0M | $287.5M | ||
| Q3 24 | $295.9M | $277.8M | ||
| Q2 24 | $284.3M | $220.9M | ||
| Q1 24 | $269.4M | $189.2M |
| Q4 25 | $-37.6M | $3.5M | ||
| Q3 25 | $-9.1M | $2.1M | ||
| Q2 25 | $-21.1M | $2.4M | ||
| Q1 25 | $-33.0M | $2.7M | ||
| Q4 24 | $-62.3M | $4.1M | ||
| Q3 24 | $-26.4M | $5.3M | ||
| Q2 24 | $-6.3M | $3.6M | ||
| Q1 24 | $-11.0M | $3.0M |
| Q4 25 | 80.1% | 19.9% | ||
| Q3 25 | 79.7% | 21.0% | ||
| Q2 25 | 79.1% | 23.2% | ||
| Q1 25 | 79.1% | 23.8% | ||
| Q4 24 | 81.2% | 25.5% | ||
| Q3 24 | 81.4% | 26.5% | ||
| Q2 24 | 83.1% | 26.7% | ||
| Q1 24 | 83.0% | 26.1% |
| Q4 25 | -12.3% | 6.5% | ||
| Q3 25 | -4.4% | 6.6% | ||
| Q2 25 | -9.3% | 7.7% | ||
| Q1 25 | -11.7% | 8.7% | ||
| Q4 24 | -21.9% | 10.4% | ||
| Q3 24 | -12.3% | 14.2% | ||
| Q2 24 | -5.2% | 11.7% | ||
| Q1 24 | -7.0% | 11.3% |
| Q4 25 | -10.8% | 1.4% | ||
| Q3 25 | -2.7% | 0.8% | ||
| Q2 25 | -6.5% | 1.1% | ||
| Q1 25 | -10.6% | 1.2% | ||
| Q4 24 | -20.6% | 1.4% | ||
| Q3 24 | -8.9% | 1.9% | ||
| Q2 24 | -2.2% | 1.7% | ||
| Q1 24 | -4.1% | 1.6% |
| Q4 25 | $-0.25 | $0.39 | ||
| Q3 25 | $-0.06 | $0.24 | ||
| Q2 25 | $-0.14 | $0.26 | ||
| Q1 25 | $-0.22 | $0.30 | ||
| Q4 24 | $-0.42 | $0.50 | ||
| Q3 24 | $-0.18 | $0.58 | ||
| Q2 24 | $-0.04 | $0.40 | ||
| Q1 24 | $-0.08 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $768.5M | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $86.7M |
| Total Assets | $2.2B | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $768.5M | $12.7M | ||
| Q3 25 | $684.0M | $14.8M | ||
| Q2 25 | $620.9M | $16.8M | ||
| Q1 25 | $566.7M | $12.7M | ||
| Q4 24 | $775.4M | $22.4M | ||
| Q3 24 | $756.9M | $23.7M | ||
| Q2 24 | $735.4M | $17.3M | ||
| Q1 24 | $744.6M | $32.8M |
| Q4 25 | $1.3B | $86.7M | ||
| Q3 25 | $1.2B | $82.2M | ||
| Q2 25 | $1.2B | $80.0M | ||
| Q1 25 | $1.2B | $76.9M | ||
| Q4 24 | $1.3B | $73.6M | ||
| Q3 24 | $1.3B | $68.4M | ||
| Q2 24 | $1.3B | $62.1M | ||
| Q1 24 | $1.2B | $59.7M |
| Q4 25 | $2.2B | $557.6M | ||
| Q3 25 | $2.1B | $571.6M | ||
| Q2 25 | $2.0B | $570.2M | ||
| Q1 25 | $1.9B | $513.9M | ||
| Q4 24 | $2.1B | $475.9M | ||
| Q3 24 | $2.0B | $460.1M | ||
| Q2 24 | $2.0B | $429.3M | ||
| Q1 24 | $1.9B | $401.3M |
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 | $9.8M |
| Free Cash FlowOCF − Capex | $109.2M | $8.7M |
| FCF MarginFCF / Revenue | 31.3% | 3.4% |
| Capex IntensityCapex / Revenue | 1.6% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $282.2M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $114.9M | $9.8M | ||
| Q3 25 | $88.5M | $22.8M | ||
| Q2 25 | $30.8M | $-28.9M | ||
| Q1 25 | $66.0M | $-34.9M | ||
| Q4 24 | $29.1M | $5.5M | ||
| Q3 24 | $39.3M | $22.9M | ||
| Q2 24 | $58.7M | $39.0K | ||
| Q1 24 | $69.1M | $-9.3M |
| Q4 25 | $109.2M | $8.7M | ||
| Q3 25 | $83.1M | $21.4M | ||
| Q2 25 | $27.9M | $-31.1M | ||
| Q1 25 | $62.0M | $-35.9M | ||
| Q4 24 | $17.4M | $4.8M | ||
| Q3 24 | $35.7M | $22.3M | ||
| Q2 24 | $56.8M | $-2.1M | ||
| Q1 24 | $67.1M | $-9.7M |
| Q4 25 | 31.3% | 3.4% | ||
| Q3 25 | 24.5% | 8.2% | ||
| Q2 25 | 8.6% | -13.9% | ||
| Q1 25 | 20.0% | -16.0% | ||
| Q4 24 | 5.8% | 1.7% | ||
| Q3 24 | 12.1% | 8.0% | ||
| Q2 24 | 20.0% | -1.0% | ||
| Q1 24 | 24.9% | -5.1% |
| Q4 25 | 1.6% | 0.4% | ||
| Q3 25 | 1.6% | 0.5% | ||
| Q2 25 | 0.9% | 0.9% | ||
| Q1 25 | 1.3% | 0.5% | ||
| Q4 24 | 3.9% | 0.2% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 0.7% | 1.0% | ||
| Q1 24 | 0.8% | 0.2% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | — | -12.24× | ||
| Q1 25 | — | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | — | 4.28× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
