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Side-by-side financial comparison of PROCORE TECHNOLOGIES, INC. (PCOR) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $349.1M, roughly 1.2× PROCORE TECHNOLOGIES, INC.). UDR, Inc. runs the higher net margin — 44.6% vs -10.8%, a 55.3% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 0.9%). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs 1.3%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
PCOR vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $349.1M | $425.8M |
| Net Profit | $-37.6M | $189.8M |
| Gross Margin | 80.1% | — |
| Operating Margin | -12.3% | 54.0% |
| Net Margin | -10.8% | 44.6% |
| Revenue YoY | 15.6% | 0.9% |
| Net Profit YoY | 39.6% | 147.2% |
| EPS (diluted) | $-0.25 | $0.63 |
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.
| Q1 26 | — | $425.8M | ||
| Q4 25 | $349.1M | $433.1M | ||
| Q3 25 | $338.9M | $431.9M | ||
| Q2 25 | $323.9M | $425.4M | ||
| Q1 25 | $310.6M | $421.9M | ||
| Q4 24 | $302.0M | $422.7M | ||
| Q3 24 | $295.9M | $420.2M | ||
| Q2 24 | $284.3M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $-37.6M | $222.9M | ||
| Q3 25 | $-9.1M | $40.4M | ||
| Q2 25 | $-21.1M | $37.7M | ||
| Q1 25 | $-33.0M | $76.7M | ||
| Q4 24 | $-62.3M | $-5.0M | ||
| Q3 24 | $-26.4M | $22.6M | ||
| Q2 24 | $-6.3M | $28.9M |
| Q1 26 | — | — | ||
| 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% | — |
| Q1 26 | — | 54.0% | ||
| Q4 25 | -12.3% | 64.1% | ||
| Q3 25 | -4.4% | 17.7% | ||
| Q2 25 | -9.3% | 18.2% | ||
| Q1 25 | -11.7% | 29.0% | ||
| Q4 24 | -21.9% | 15.7% | ||
| Q3 24 | -12.3% | 16.6% | ||
| Q2 24 | -5.2% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | -10.8% | 51.5% | ||
| Q3 25 | -2.7% | 9.4% | ||
| Q2 25 | -6.5% | 8.9% | ||
| Q1 25 | -10.6% | 18.2% | ||
| Q4 24 | -20.6% | -220.5% | ||
| Q3 24 | -8.9% | 5.4% | ||
| Q2 24 | -2.2% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $-0.25 | $0.67 | ||
| Q3 25 | $-0.06 | $0.12 | ||
| Q2 25 | $-0.14 | $0.11 | ||
| Q1 25 | $-0.22 | $0.23 | ||
| Q4 24 | $-0.42 | $-0.01 | ||
| Q3 24 | $-0.18 | $0.06 | ||
| Q2 24 | $-0.04 | $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 | $768.5M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $3.3B |
| Total Assets | $2.2B | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $768.5M | $1.2M | ||
| Q3 25 | $684.0M | $1.2M | ||
| Q2 25 | $620.9M | $1.5M | ||
| Q1 25 | $566.7M | $1.3M | ||
| Q4 24 | $775.4M | $1.3M | ||
| Q3 24 | $756.9M | $2.3M | ||
| Q2 24 | $735.4M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.3B | $3.3B | ||
| Q3 25 | $1.2B | $3.3B | ||
| Q2 25 | $1.2B | $3.3B | ||
| Q1 25 | $1.2B | $3.3B | ||
| Q4 24 | $1.3B | $3.4B | ||
| Q3 24 | $1.3B | $3.5B | ||
| Q2 24 | $1.3B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $2.2B | $10.6B | ||
| Q3 25 | $2.1B | $10.6B | ||
| Q2 25 | $2.0B | $10.6B | ||
| Q1 25 | $1.9B | $10.7B | ||
| Q4 24 | $2.1B | $10.9B | ||
| Q3 24 | $2.0B | $11.1B | ||
| Q2 24 | $2.0B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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 | — |
| Free Cash FlowOCF − Capex | $109.2M | — |
| FCF MarginFCF / Revenue | 31.3% | — |
| Capex IntensityCapex / Revenue | 1.6% | 4.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $282.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $114.9M | $902.9M | ||
| Q3 25 | $88.5M | $234.9M | ||
| Q2 25 | $30.8M | $250.3M | ||
| Q1 25 | $66.0M | $156.2M | ||
| Q4 24 | $29.1M | $876.8M | ||
| Q3 24 | $39.3M | $230.3M | ||
| Q2 24 | $58.7M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $109.2M | $650.0M | ||
| Q3 25 | $83.1M | $164.6M | ||
| Q2 25 | $27.9M | $190.1M | ||
| Q1 25 | $62.0M | $103.2M | ||
| Q4 24 | $17.4M | $627.0M | ||
| Q3 24 | $35.7M | $161.3M | ||
| Q2 24 | $56.8M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 31.3% | 150.1% | ||
| Q3 25 | 24.5% | 38.1% | ||
| Q2 25 | 8.6% | 44.7% | ||
| Q1 25 | 20.0% | 24.5% | ||
| Q4 24 | 5.8% | 148.3% | ||
| Q3 24 | 12.1% | 38.4% | ||
| Q2 24 | 20.0% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 1.6% | 58.4% | ||
| Q3 25 | 1.6% | 16.3% | ||
| Q2 25 | 0.9% | 14.2% | ||
| Q1 25 | 1.3% | 12.6% | ||
| Q4 24 | 3.9% | 59.1% | ||
| Q3 24 | 1.2% | 16.4% | ||
| Q2 24 | 0.7% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.05× | ||
| Q3 25 | — | 5.81× | ||
| Q2 25 | — | 6.64× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.19× | ||
| Q2 24 | — | 8.26× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
