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Side-by-side financial comparison of PROCORE TECHNOLOGIES, INC. (PCOR) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $208.0M, roughly 1.7× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -10.8%, a 27.0% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs -10.9%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $-74.1M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs -3.2%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
PCOR vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $349.1M | $208.0M |
| Net Profit | $-37.6M | $33.9M |
| Gross Margin | 80.1% | — |
| Operating Margin | -12.3% | 19.1% |
| Net Margin | -10.8% | 16.3% |
| Revenue YoY | 15.6% | -10.9% |
| Net Profit YoY | 39.6% | -14.2% |
| EPS (diluted) | $-0.25 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $338.9M | $216.4M | ||
| Q2 25 | $323.9M | $210.5M | ||
| Q1 25 | $310.6M | $217.9M | ||
| Q4 24 | $302.0M | $233.5M | ||
| Q3 24 | $295.9M | $227.0M | ||
| Q2 24 | $284.3M | $224.4M | ||
| Q1 24 | $269.4M | $222.0M |
| Q4 25 | $-37.6M | $33.9M | ||
| Q3 25 | $-9.1M | $31.3M | ||
| Q2 25 | $-21.1M | $42.7M | ||
| Q1 25 | $-33.0M | $28.1M | ||
| Q4 24 | $-62.3M | $39.5M | ||
| Q3 24 | $-26.4M | $49.1M | ||
| Q2 24 | $-6.3M | $26.0M | ||
| Q1 24 | $-11.0M | $37.9M |
| 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 24 | 83.0% | — |
| Q4 25 | -12.3% | 19.1% | ||
| Q3 25 | -4.4% | 21.7% | ||
| Q2 25 | -9.3% | 21.5% | ||
| Q1 25 | -11.7% | 16.8% | ||
| Q4 24 | -21.9% | 21.7% | ||
| Q3 24 | -12.3% | 24.3% | ||
| Q2 24 | -5.2% | 19.7% | ||
| Q1 24 | -7.0% | 14.5% |
| Q4 25 | -10.8% | 16.3% | ||
| Q3 25 | -2.7% | 14.5% | ||
| Q2 25 | -6.5% | 20.3% | ||
| Q1 25 | -10.6% | 12.9% | ||
| Q4 24 | -20.6% | 16.9% | ||
| Q3 24 | -8.9% | 21.6% | ||
| Q2 24 | -2.2% | 11.6% | ||
| Q1 24 | -4.1% | 17.1% |
| Q4 25 | $-0.25 | $5.15 | ||
| Q3 25 | $-0.06 | $4.65 | ||
| Q2 25 | $-0.14 | $6.12 | ||
| Q1 25 | $-0.22 | $4.05 | ||
| Q4 24 | $-0.42 | $4.65 | ||
| Q3 24 | $-0.18 | $5.71 | ||
| Q2 24 | $-0.04 | $2.43 | ||
| Q1 24 | $-0.08 | $4.10 |
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 | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $1.3B | $934.0M |
| Total Assets | $2.2B | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $768.5M | — | ||
| Q3 25 | $684.0M | — | ||
| Q2 25 | $620.9M | — | ||
| Q1 25 | $566.7M | — | ||
| Q4 24 | $775.4M | — | ||
| Q3 24 | $756.9M | — | ||
| Q2 24 | $735.4M | — | ||
| Q1 24 | $744.6M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $1.3B | $934.0M | ||
| Q3 25 | $1.2B | $918.7M | ||
| Q2 25 | $1.2B | $896.4M | ||
| Q1 25 | $1.2B | $893.7M | ||
| Q4 24 | $1.3B | $897.5M | ||
| Q3 24 | $1.3B | $889.0M | ||
| Q2 24 | $1.3B | $868.7M | ||
| Q1 24 | $1.2B | $871.7M |
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $2.1B | $3.9B | ||
| Q2 25 | $2.0B | $3.7B | ||
| Q1 25 | $1.9B | $3.7B | ||
| Q4 24 | $2.1B | $4.0B | ||
| Q3 24 | $2.0B | $3.6B | ||
| Q2 24 | $2.0B | $3.6B | ||
| Q1 24 | $1.9B | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $109.2M | $-74.1M |
| FCF MarginFCF / Revenue | 31.3% | -35.6% |
| Capex IntensityCapex / Revenue | 1.6% | 3.3% |
| Cash ConversionOCF / Net Profit | — | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $282.2M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $114.9M | $-67.2M | ||
| Q3 25 | $88.5M | $108.3M | ||
| Q2 25 | $30.8M | $75.8M | ||
| Q1 25 | $66.0M | $-3.8M | ||
| Q4 24 | $29.1M | $1.8M | ||
| Q3 24 | $39.3M | $69.1M | ||
| Q2 24 | $58.7M | $70.0M | ||
| Q1 24 | $69.1M | $-34.5M |
| Q4 25 | $109.2M | $-74.1M | ||
| Q3 25 | $83.1M | $106.9M | ||
| Q2 25 | $27.9M | $74.2M | ||
| Q1 25 | $62.0M | $-6.8M | ||
| Q4 24 | $17.4M | $-3.8M | ||
| Q3 24 | $35.7M | $68.7M | ||
| Q2 24 | $56.8M | $68.6M | ||
| Q1 24 | $67.1M | $-36.5M |
| Q4 25 | 31.3% | -35.6% | ||
| Q3 25 | 24.5% | 49.4% | ||
| Q2 25 | 8.6% | 35.2% | ||
| Q1 25 | 20.0% | -3.1% | ||
| Q4 24 | 5.8% | -1.6% | ||
| Q3 24 | 12.1% | 30.3% | ||
| Q2 24 | 20.0% | 30.6% | ||
| Q1 24 | 24.9% | -16.4% |
| Q4 25 | 1.6% | 3.3% | ||
| Q3 25 | 1.6% | 0.7% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 1.3% | 1.4% | ||
| Q4 24 | 3.9% | 2.4% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 0.7% | 0.6% | ||
| Q1 24 | 0.8% | 0.9% |
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | 3.45× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 2.69× | ||
| Q1 24 | — | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
