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Side-by-side financial comparison of PROCORE TECHNOLOGIES, INC. (PCOR) and SM Energy Co (SM). Click either name above to swap in a different company.

SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $359.3M, roughly 2.0× PROCORE TECHNOLOGIES, INC.). On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.7% vs -17.3%). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (12.4% CAGR vs 12.2%).

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.

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

PCOR vs SM — Head-to-Head

Bigger by revenue
SM
SM
2.0× larger
SM
$704.9M
$359.3M
PCOR
Growing faster (revenue YoY)
PCOR
PCOR
+32.9% gap
PCOR
15.7%
-17.3%
SM
Faster 2-yr revenue CAGR
PCOR
PCOR
Annualised
PCOR
12.4%
12.2%
SM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PCOR
PCOR
SM
SM
Revenue
$359.3M
$704.9M
Net Profit
$-9.1M
Gross Margin
80.1%
Operating Margin
15.5%
25.9%
Net Margin
-2.5%
Revenue YoY
15.7%
-17.3%
Net Profit YoY
72.4%
EPS (diluted)
$-0.06
$0.94

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.

Revenue
PCOR
PCOR
SM
SM
Q1 26
$359.3M
Q4 25
$349.1M
$704.9M
Q3 25
$338.9M
$811.6M
Q2 25
$323.9M
$792.9M
Q1 25
$310.6M
$844.5M
Q4 24
$302.0M
$852.0M
Q3 24
$295.9M
$643.6M
Q2 24
$284.3M
$634.6M
Net Profit
PCOR
PCOR
SM
SM
Q1 26
$-9.1M
Q4 25
$-37.6M
Q3 25
$-9.1M
$155.1M
Q2 25
$-21.1M
$201.7M
Q1 25
$-33.0M
$182.3M
Q4 24
$-62.3M
Q3 24
$-26.4M
$240.5M
Q2 24
$-6.3M
$210.3M
Gross Margin
PCOR
PCOR
SM
SM
Q1 26
80.1%
Q4 25
80.1%
Q3 25
79.7%
Q2 25
79.1%
Q1 25
79.1%
Q4 24
81.2%
Q3 24
81.4%
Q2 24
83.1%
Operating Margin
PCOR
PCOR
SM
SM
Q1 26
15.5%
Q4 25
-12.3%
25.9%
Q3 25
-4.4%
30.4%
Q2 25
-9.3%
37.2%
Q1 25
-11.7%
32.7%
Q4 24
-21.9%
33.7%
Q3 24
-12.3%
51.4%
Q2 24
-5.2%
44.0%
Net Margin
PCOR
PCOR
SM
SM
Q1 26
-2.5%
Q4 25
-10.8%
Q3 25
-2.7%
19.1%
Q2 25
-6.5%
25.4%
Q1 25
-10.6%
21.6%
Q4 24
-20.6%
Q3 24
-8.9%
37.4%
Q2 24
-2.2%
33.1%
EPS (diluted)
PCOR
PCOR
SM
SM
Q1 26
$-0.06
Q4 25
$-0.25
$0.94
Q3 25
$-0.06
$1.35
Q2 25
$-0.14
$1.76
Q1 25
$-0.22
$1.59
Q4 24
$-0.42
$1.63
Q3 24
$-0.18
$2.09
Q2 24
$-0.04
$1.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PCOR
PCOR
SM
SM
Cash + ST InvestmentsLiquidity on hand
$386.0M
$368.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$4.8B
Total Assets
$2.1B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCOR
PCOR
SM
SM
Q1 26
$386.0M
Q4 25
$768.5M
$368.0M
Q3 25
$684.0M
$162.3M
Q2 25
$620.9M
$101.9M
Q1 25
$566.7M
$54.0K
Q4 24
$775.4M
Q3 24
$756.9M
$1.7B
Q2 24
$735.4M
$487.9M
Stockholders' Equity
PCOR
PCOR
SM
SM
Q1 26
$1.2B
Q4 25
$1.3B
$4.8B
Q3 25
$1.2B
$4.7B
Q2 25
$1.2B
$4.6B
Q1 25
$1.2B
$4.4B
Q4 24
$1.3B
$4.2B
Q3 24
$1.3B
$4.1B
Q2 24
$1.3B
$3.8B
Total Assets
PCOR
PCOR
SM
SM
Q1 26
$2.1B
Q4 25
$2.2B
$9.3B
Q3 25
$2.1B
$9.1B
Q2 25
$2.0B
$9.0B
Q1 25
$1.9B
$8.8B
Q4 24
$2.1B
$8.6B
Q3 24
$2.0B
$8.0B
Q2 24
$2.0B
$6.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PCOR
PCOR
SM
SM
Operating Cash FlowLast quarter
$76.8M
$451.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCOR
PCOR
SM
SM
Q1 26
$76.8M
Q4 25
$114.9M
$451.9M
Q3 25
$88.5M
$505.0M
Q2 25
$30.8M
$571.1M
Q1 25
$66.0M
$483.0M
Q4 24
$29.1M
$578.4M
Q3 24
$39.3M
$452.3M
Q2 24
$58.7M
$476.4M
Free Cash Flow
PCOR
PCOR
SM
SM
Q1 26
Q4 25
$109.2M
Q3 25
$83.1M
Q2 25
$27.9M
Q1 25
$62.0M
Q4 24
$17.4M
Q3 24
$35.7M
Q2 24
$56.8M
FCF Margin
PCOR
PCOR
SM
SM
Q1 26
Q4 25
31.3%
Q3 25
24.5%
Q2 25
8.6%
Q1 25
20.0%
Q4 24
5.8%
Q3 24
12.1%
Q2 24
20.0%
Capex Intensity
PCOR
PCOR
SM
SM
Q1 26
Q4 25
1.6%
Q3 25
1.6%
Q2 25
0.9%
Q1 25
1.3%
Q4 24
3.9%
Q3 24
1.2%
Q2 24
0.7%
Cash Conversion
PCOR
PCOR
SM
SM
Q1 26
Q4 25
Q3 25
3.26×
Q2 25
2.83×
Q1 25
2.65×
Q4 24
Q3 24
1.88×
Q2 24
2.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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