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PROCORE TECHNOLOGIES, INC.（PCOR）与INNOVATE Corp.（VATE）财务数据对比。点击上方公司名可切换其他公司
INNOVATE Corp.的季度营收约是PROCORE TECHNOLOGIES, INC.的1.1倍（$382.7M vs $359.3M），INNOVATE Corp.净利率更高（-1.9% vs -2.5%，领先0.6%），INNOVATE Corp.同比增速更快（61.7% vs 15.7%），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（12.4% vs 10.2%）
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
PCOR vs VATE — 直观对比
营收规模更大
VATE
是对方的1.1倍
$359.3M
营收增速更快
VATE
高出46.1%
15.7%
净利率更高
VATE
高出0.6%
-2.5%
两年增速更快
PCOR
近两年复合增速
10.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $359.3M | $382.7M |
| 净利润 | $-9.1M | $-7.4M |
| 毛利率 | 80.1% | 15.4% |
| 营业利润率 | 15.5% | 3.7% |
| 净利率 | -2.5% | -1.9% |
| 营收同比 | 15.7% | 61.7% |
| 净利润同比 | 72.4% | 55.4% |
| 每股收益（稀释后） | $-0.06 | $-0.57 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PCORVATE
| Q1 26 | $359.3M | — | ||
| Q4 25 | $349.1M | $382.7M | ||
| Q3 25 | $338.9M | $347.1M | ||
| Q2 25 | $323.9M | $242.0M | ||
| Q1 25 | $310.6M | $274.2M | ||
| Q4 24 | $302.0M | $236.6M | ||
| Q3 24 | $295.9M | $242.2M | ||
| Q2 24 | $284.3M | $313.1M |
净利润PCORVATE
| Q1 26 | $-9.1M | — | ||
| Q4 25 | $-37.6M | $-7.4M | ||
| Q3 25 | $-9.1M | $-8.9M | ||
| Q2 25 | $-21.1M | $-19.8M | ||
| Q1 25 | $-33.0M | $-24.5M | ||
| Q4 24 | $-62.3M | $-16.6M | ||
| Q3 24 | $-26.4M | $-15.0M | ||
| Q2 24 | $-6.3M | $14.4M |
毛利率PCORVATE
| Q1 26 | 80.1% | — | ||
| Q4 25 | 80.1% | 15.4% | ||
| Q3 25 | 79.7% | 14.3% | ||
| Q2 25 | 79.1% | 18.8% | ||
| Q1 25 | 79.1% | 16.6% | ||
| Q4 24 | 81.2% | 19.6% | ||
| Q3 24 | 81.4% | 19.9% | ||
| Q2 24 | 83.1% | 21.0% |
营业利润率PCORVATE
| Q1 26 | 15.5% | — | ||
| Q4 25 | -12.3% | 3.7% | ||
| Q3 25 | -4.4% | 1.8% | ||
| Q2 25 | -9.3% | 2.0% | ||
| Q1 25 | -11.7% | 1.2% | ||
| Q4 24 | -21.9% | 1.1% | ||
| Q3 24 | -12.3% | 2.4% | ||
| Q2 24 | -5.2% | 9.2% |
净利率PCORVATE
| Q1 26 | -2.5% | — | ||
| Q4 25 | -10.8% | -1.9% | ||
| Q3 25 | -2.7% | -2.6% | ||
| Q2 25 | -6.5% | -8.2% | ||
| Q1 25 | -10.6% | -8.9% | ||
| Q4 24 | -20.6% | -7.0% | ||
| Q3 24 | -8.9% | -6.2% | ||
| Q2 24 | -2.2% | 4.6% |
每股收益（稀释后）PCORVATE
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $-0.25 | $-0.57 | ||
| Q3 25 | $-0.06 | $-0.71 | ||
| Q2 25 | $-0.14 | $-1.67 | ||
| Q1 25 | $-0.22 | $-1.89 | ||
| Q4 24 | $-0.42 | $-0.72 | ||
| Q3 24 | $-0.18 | $-1.18 | ||
| Q2 24 | $-0.04 | $1.03 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $386.0M | $112.1M |
| 总债务越低越好 | — | $80.3M |
| 股东权益账面价值 | $1.2B | $-240.1M |
| 总资产 | $2.1B | $950.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PCORVATE
| Q1 26 | $386.0M | — | ||
| Q4 25 | $768.5M | $112.1M | ||
| Q3 25 | $684.0M | $35.5M | ||
| Q2 25 | $620.9M | $33.4M | ||
| Q1 25 | $566.7M | $33.3M | ||
| Q4 24 | $775.4M | $48.8M | ||
| Q3 24 | $756.9M | $51.0M | ||
| Q2 24 | $735.4M | $80.2M |
总债务PCORVATE
| Q1 26 | — | — | ||
| Q4 25 | — | $80.3M | ||
| Q3 25 | — | $97.3M | ||
| Q2 25 | — | $160.1M | ||
| Q1 25 | — | $139.9M | ||
| Q4 24 | — | $500.6M | ||
| Q3 24 | — | $502.4M | ||
| Q2 24 | — | $638.3M |
股东权益PCORVATE
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $-240.1M | ||
| Q3 25 | $1.2B | $-233.3M | ||
| Q2 25 | $1.2B | $-224.8M | ||
| Q1 25 | $1.2B | $-204.2M | ||
| Q4 24 | $1.3B | $-180.4M | ||
| Q3 24 | $1.3B | $-163.1M | ||
| Q2 24 | $1.3B | $-149.0M |
总资产PCORVATE
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $950.1M | ||
| Q3 25 | $2.1B | $913.2M | ||
| Q2 25 | $2.0B | $890.9M | ||
| Q1 25 | $1.9B | $868.0M | ||
| Q4 24 | $2.1B | $891.1M | ||
| Q3 24 | $2.0B | $897.2M | ||
| Q2 24 | $2.0B | $898.9M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $76.8M | $101.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PCORVATE
| Q1 26 | $76.8M | — | ||
| Q4 25 | $114.9M | $101.1M | ||
| Q3 25 | $88.5M | $19.2M | ||
| Q2 25 | $30.8M | $40.4M | ||
| Q1 25 | $66.0M | $-14.1M | ||
| Q4 24 | $29.1M | $41.4M | ||
| Q3 24 | $39.3M | $-28.4M | ||
| Q2 24 | $58.7M | $21.5M |
自由现金流PCORVATE
| Q1 26 | — | — | ||
| Q4 25 | $109.2M | — | ||
| Q3 25 | $83.1M | $19.0M | ||
| Q2 25 | $27.9M | — | ||
| Q1 25 | $62.0M | $-18.8M | ||
| Q4 24 | $17.4M | $34.2M | ||
| Q3 24 | $35.7M | $-31.5M | ||
| Q2 24 | $56.8M | $18.4M |
自由现金流率PCORVATE
| Q1 26 | — | — | ||
| Q4 25 | 31.3% | — | ||
| Q3 25 | 24.5% | 5.5% | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 20.0% | -6.9% | ||
| Q4 24 | 5.8% | 14.5% | ||
| Q3 24 | 12.1% | -13.0% | ||
| Q2 24 | 20.0% | 5.9% |
资本支出强度PCORVATE
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.3% | 1.7% | ||
| Q4 24 | 3.9% | 3.0% | ||
| Q3 24 | 1.2% | 1.3% | ||
| Q2 24 | 0.7% | 1.0% |
现金转化率PCORVATE
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.49× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PCOR
暂无分部数据
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
