PCORNYSEServices-Prepackaged SoftwareFiscal year ends December 31
PROCORE TECHNOLOGIES, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$58.01+1.03 (+1.81%)
Close on Oct 19, 2026
- Market cap
- $8.86B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
79.5%−2.6 pts over 5 years
Operating margin
-9.4%+5.2 pts over 5 years
Net margin
-7.6%+16.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.8% | +22.5% | +27.0% | – | |
| Gross profit | +11.2% | +22.5% | +26.2% | – | |
| Free cash flow | +59.4% | – | +80.7% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 36.6% | -7.9% | |
| Return on assets | – | – | -4.6% | |
| Current ratio | – | 1.86 | 1.32 | |
| Interest coverage | – | -24.9× | -107.8× | |
| Capex to revenue | – | 1.8% | 1.4% | |
| Diluted shares | – | 28M | 150M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Procore Technologies generated $637.80M from operations and spent $204.57M on capital expenditure, dividends and share buybacks. 37% of that went back into the business.
Generated
$637.80M
Used
$204.57M
Capital expenditure$75.73M37%Dividends$00%Share buybacks$128.84M63%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-7.6%
×Asset turnover0.61×
×Equity multiplier1.70×
=Return on equity, FY2025-7.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -7.6% | 0.61× | 1.70× | -7.9% |
| FY2024 | -9.2% | 0.58× | 1.63× | -8.7% |
| FY2023 | -20.0% | 0.52× | 1.60× | -16.7% |
| FY2022 | -39.8% | 0.42× | 1.49× | -24.9% |
| FY2021 | -51.5% | 0.41× | 2.74× | -57.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$100.78M
- Cash generatingOperating cash flow above zero$300.27M
- Return on assets improvedROA up on the prior year-5.6% → -4.8%
- Earnings backed by cashOperating cash flow above net income$300.27M vs -$100.78M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.51 → 1.32
- No dilutionShare count did not rise147M → 150M
- Gross margin improvedGross margin up on the prior year82.15% → 79.52%
- More efficientAsset turnover rose0.61 → 0.63