Procore Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,371	1,323	1,152	950.01	720.2	514.82
Revenue Growth (YoY)	14.94%	14.83%	21.23%	31.91%	39.89%	28.61%
Cost of Revenue	277.4	270.83	205.61	174.46	148.42	98.31
Gross Profit	1,094	1,052	946.1	775.55	571.79	416.51
Selling, General & Admin	837.2	813.65	769.53	690.65	591.26	465.15
Research & Development	360.33	362.37	312.99	300.57	270.98	237.29
Total Operating Expenses	1,198	1,176	1,083	991.23	862.24	702.44
Operating Income	-103.77	-124.34	-136.42	-215.68	-290.45	-285.93
Interest Income	19.47	20.94	23.69	19.78	5.83	0.18
Interest Expense	-1.14	-1.15	-1.9	-1.96	-2.14	-2.33
Other Non-Operating Income (Expense)	8.07	10.57	10.45	9.43	0.3	-0.84
Total Non-Operating Income (Expense)	26.4	30.36	32.24	27.26	3.99	-3
Pretax Income	-77.37	-93.98	-104.18	-188.42	-286.47	-288.92
Provision for Income Taxes	-0.37	6.8	1.78	1.27	0.47	-23.76
Net Income	-76.89	-100.78	-105.96	-189.69	-286.93	-265.17
Net Income to Common	-76.89	-100.78	-105.96	-189.69	-286.93	-265.17
Shares Outstanding (Basic)	150	150	147	142	137	93
Shares Outstanding (Diluted)	150	150	147	142	137	93
Shares Change (YoY)	1.29%	1.90%	3.86%	3.98%	47.32%	232.22%
EPS (Basic)	-0.51	-0.67	-0.72	-1.34	-2.10	-2.86
EPS (Diluted)	-0.51	-0.67	-0.72	-1.34	-2.10	-2.86
Shares Outstanding	150.75	151.71	149.85	144.81	139.16	134.05
Free Cash Flow	294.01	282.17	177.03	81.69	-3.17	24.35
Free Cash Flow Growth	4.19%	59.39%	116.71%	-	-	66.18%
Free Cash Flow Per Share	1.95	1.88	1.20	0.58	-0.02	0.26
Gross Margin	79.77%	79.52%	82.15%	81.64%	79.39%	80.90%
Operating Margin	-7.57%	-9.40%	-11.85%	-22.70%	-40.33%	-55.54%
Profit Margin	-5.61%	-7.62%	-9.20%	-19.97%	-39.84%	-51.51%
FCF Margin	21.44%	21.34%	15.37%	8.60%	-0.44%	4.73%
EBITDA	9.12	-13.77	-46.67	-144.04	-227.42	-249.55
EBITDA Margin	0.67%	-1.04%	-4.05%	-15.16%	-31.58%	-48.47%
EBIT	-103.77	-124.34	-136.42	-215.68	-290.45	-285.93
EBIT Margin	-7.57%	-9.40%	-11.85%	-22.70%	-40.33%	-55.54%
Effective Tax Rate	0.48%	-7.24%	-1.70%	-0.68%	-0.16%	8.22%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q