PROCORE TECHNOLOGIES, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.3B | $1.2B | $950.0M | $720.2M | $514.8M |
| Cost of revenue | $270.8M | $205.6M | $174.5M | $148.4M | $98.3M |
| Gross profit | $1.1B | $946.1M | $775.5M | $571.8M | $416.5M |
| Research and development | $362.4M | $313.0M | $300.6M | $271.0M | $237.3M |
| Operating expenses | $1.2B | $1.1B | $991.2M | $862.2M | $702.4M |
| Operating income | -$124.3M | -$136.4M | -$215.7M | -$290.5M | -$285.9M |
| Interest expense | $1.2M | $1.9M | $2.0M | $2.1M | $2.3M |
| Pretax income | -$94.0M | -$104.2M | -$188.4M | -$286.5M | -$288.9M |
| Income tax expense | $6.8M | $1.8M | $1.3M | $466,000 | -$23.8M |
| Net income | -$100.8M | -$106.0M | -$189.7M | -$286.9M | -$265.2M |
| Balance Sheet | |||||
| Cash and equivalents | $480.7M | $437.7M | $357.8M | $296.7M | $586.1M |
| Current assets | $1.2B | $1.1B | $955.7M | $799.2M | $752.3M |
| Total assets | $2.2B | $2.1B | $1.9B | $1.7B | $1.7B |
| Current liabilities | $884.6M | $728.0M | $642.4M | $531.6M | $403.7M |
| Total liabilities | $976.8M | $813.0M | $738.0M | $623.6M | $501.4M |
| Stockholders' equity | $1.3B | $1.3B | $1.2B | $1.1B | $1.2B |
| Cash Flow Statement | |||||
| Cash from operations | $300.3M | $196.2M | $92.0M | $12.6M | $36.7M |
| Depreciation and amortization | $110.6M | $89.8M | $71.6M | $63.0M | $36.4M |
| Stock-based compensation | $238.4M | $186.9M | $174.8M | $162.9M | $227.2M |
| Capital expenditure | $18.1M | $19.1M | $10.3M | $15.8M | $12.4M |
| Free cash flow | $282.2M | $177.0M | $81.7M | -$3.2M | $24.3M |
| Share repurchases | $128.8M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 150.9M · Free float 71.2%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.