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Side-by-side financial comparison of PROCORE TECHNOLOGIES, INC. (PCOR) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $331.3M, roughly 1.1× SPORTSMAN'S WAREHOUSE HOLDINGS, INC.). SPORTSMAN'S WAREHOUSE HOLDINGS, INC. runs the higher net margin — 0.0% vs -10.8%, a 10.8% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 2.2%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $8.7M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs -5.4%).

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.

Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.

PCOR vs SPWH — Head-to-Head

Bigger by revenue
PCOR
PCOR
1.1× larger
PCOR
$349.1M
$331.3M
SPWH
Growing faster (revenue YoY)
PCOR
PCOR
+13.4% gap
PCOR
15.6%
2.2%
SPWH
Higher net margin
SPWH
SPWH
10.8% more per $
SPWH
0.0%
-10.8%
PCOR
More free cash flow
PCOR
PCOR
$100.5M more FCF
PCOR
$109.2M
$8.7M
SPWH
Faster 2-yr revenue CAGR
PCOR
PCOR
Annualised
PCOR
13.8%
-5.4%
SPWH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PCOR
PCOR
SPWH
SPWH
Revenue
$349.1M
$331.3M
Net Profit
$-37.6M
$8.0K
Gross Margin
80.1%
32.8%
Operating Margin
-12.3%
1.3%
Net Margin
-10.8%
0.0%
Revenue YoY
15.6%
2.2%
Net Profit YoY
39.6%
-97.8%
EPS (diluted)
$-0.25
$0.00

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
SPWH
SPWH
Q4 25
$349.1M
$331.3M
Q3 25
$338.9M
$293.9M
Q2 25
$323.9M
$249.1M
Q1 25
$310.6M
$340.4M
Q4 24
$302.0M
$324.3M
Q3 24
$295.9M
$288.7M
Q2 24
$284.3M
$244.2M
Q1 24
$269.4M
$370.4M
Net Profit
PCOR
PCOR
SPWH
SPWH
Q4 25
$-37.6M
$8.0K
Q3 25
$-9.1M
$-7.1M
Q2 25
$-21.1M
$-21.3M
Q1 25
$-33.0M
$-8.7M
Q4 24
$-62.3M
$-364.0K
Q3 24
$-26.4M
$-5.9M
Q2 24
$-6.3M
$-18.1M
Q1 24
$-11.0M
$-8.7M
Gross Margin
PCOR
PCOR
SPWH
SPWH
Q4 25
80.1%
32.8%
Q3 25
79.7%
32.0%
Q2 25
79.1%
30.4%
Q1 25
79.1%
30.4%
Q4 24
81.2%
31.8%
Q3 24
81.4%
31.2%
Q2 24
83.1%
30.2%
Q1 24
83.0%
26.8%
Operating Margin
PCOR
PCOR
SPWH
SPWH
Q4 25
-12.3%
1.3%
Q3 25
-4.4%
-1.1%
Q2 25
-9.3%
-7.9%
Q1 25
-11.7%
1.1%
Q4 24
-21.9%
1.0%
Q3 24
-12.3%
-1.5%
Q2 24
-5.2%
-8.4%
Q1 24
-7.0%
-2.1%
Net Margin
PCOR
PCOR
SPWH
SPWH
Q4 25
-10.8%
0.0%
Q3 25
-2.7%
-2.4%
Q2 25
-6.5%
-8.5%
Q1 25
-10.6%
-2.6%
Q4 24
-20.6%
-0.1%
Q3 24
-8.9%
-2.0%
Q2 24
-2.2%
-7.4%
Q1 24
-4.1%
-2.4%
EPS (diluted)
PCOR
PCOR
SPWH
SPWH
Q4 25
$-0.25
$0.00
Q3 25
$-0.06
$-0.18
Q2 25
$-0.14
$-0.56
Q1 25
$-0.22
$-0.22
Q4 24
$-0.42
$-0.01
Q3 24
$-0.18
$-0.16
Q2 24
$-0.04
$-0.48
Q1 24
$-0.08
$-0.22

Balance Sheet & Financial Strength

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

Metric
PCOR
PCOR
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$768.5M
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$1.3B
$209.5M
Total Assets
$2.2B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCOR
PCOR
SPWH
SPWH
Q4 25
$768.5M
$2.2M
Q3 25
$684.0M
$1.8M
Q2 25
$620.9M
$3.6M
Q1 25
$566.7M
$2.8M
Q4 24
$775.4M
$2.7M
Q3 24
$756.9M
$2.6M
Q2 24
$735.4M
$2.2M
Q1 24
$744.6M
$3.1M
Total Debt
PCOR
PCOR
SPWH
SPWH
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$24.0M
Q3 24
$24.0M
Q2 24
Q1 24
Stockholders' Equity
PCOR
PCOR
SPWH
SPWH
Q4 25
$1.3B
$209.5M
Q3 25
$1.2B
$208.9M
Q2 25
$1.2B
$215.1M
Q1 25
$1.2B
$235.7M
Q4 24
$1.3B
$243.6M
Q3 24
$1.3B
$243.0M
Q2 24
$1.3B
$247.5M
Q1 24
$1.2B
$264.6M
Total Assets
PCOR
PCOR
SPWH
SPWH
Q4 25
$2.2B
$913.9M
Q3 25
$2.1B
$948.9M
Q2 25
$2.0B
$929.7M
Q1 25
$1.9B
$852.1M
Q4 24
$2.1B
$967.7M
Q3 24
$2.0B
$901.9M
Q2 24
$2.0B
$930.4M
Q1 24
$1.9B
$886.2M
Debt / Equity
PCOR
PCOR
SPWH
SPWH
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
Q1 24

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
SPWH
SPWH
Operating Cash FlowLast quarter
$114.9M
$16.3M
Free Cash FlowOCF − Capex
$109.2M
$8.7M
FCF MarginFCF / Revenue
31.3%
2.6%
Capex IntensityCapex / Revenue
1.6%
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$282.2M
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCOR
PCOR
SPWH
SPWH
Q4 25
$114.9M
$16.3M
Q3 25
$88.5M
$-26.6M
Q2 25
$30.8M
$-60.2M
Q1 25
$66.0M
$52.8M
Q4 24
$29.1M
$-2.5M
Q3 24
$39.3M
$18.5M
Q2 24
$58.7M
$-34.6M
Q1 24
$69.1M
$68.9M
Free Cash Flow
PCOR
PCOR
SPWH
SPWH
Q4 25
$109.2M
$8.7M
Q3 25
$83.1M
$-33.9M
Q2 25
$27.9M
$-64.0M
Q1 25
$62.0M
$49.6M
Q4 24
$17.4M
$-6.2M
Q3 24
$35.7M
$14.1M
Q2 24
$56.8M
$-38.0M
Q1 24
$67.1M
$60.2M
FCF Margin
PCOR
PCOR
SPWH
SPWH
Q4 25
31.3%
2.6%
Q3 25
24.5%
-11.5%
Q2 25
8.6%
-25.7%
Q1 25
20.0%
14.6%
Q4 24
5.8%
-1.9%
Q3 24
12.1%
4.9%
Q2 24
20.0%
-15.5%
Q1 24
24.9%
16.2%
Capex Intensity
PCOR
PCOR
SPWH
SPWH
Q4 25
1.6%
2.3%
Q3 25
1.6%
2.5%
Q2 25
0.9%
1.5%
Q1 25
1.3%
1.0%
Q4 24
3.9%
1.1%
Q3 24
1.2%
1.5%
Q2 24
0.7%
1.4%
Q1 24
0.8%
2.4%
Cash Conversion
PCOR
PCOR
SPWH
SPWH
Q4 25
2038.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCOR
PCOR

US$298.3M85%
Non Us$50.9M15%

SPWH
SPWH

Segment breakdown not available.

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