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Other financials

Income statement

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Revenue$359.3M+15.7%
Gross profit$287.8M+17.1%
Operating income-$15.7M+56.8%
Net income-$9.1M+72.4%
EPS (diluted)-$0.06+72.7%

Balance sheet

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Cash & equivalents$386.0M+23.0%
Total debt$94.8M+29.3%
Total equity$1.2B+1.6%
Total assets$2.1B+8.2%

Cash flow

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Operating cash flow$76.8M+16.2%
CapEx$2.9M-27.4%
Free cash flow$73.8M+19.1%

Valuation

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Market cap$8.47B-11.5%
Enterprise value$8.18B-12.2%
P/S6.2×-1.6×

Profitability

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Gross margin79.8%-1.4pp
Operating margin-7.6%-2.2pp
Net margin-5.6%-1.8pp
FCF margin21.4%+7.0pp

Returns & leverage

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Return on equity-6.5%-1.8pp
Debt / equity0.1×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Procore Technologies in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Procore Technologies’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031230
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Purchases of marketable securities(134,598)
Maturities of marketable securities18,391135,787
Sales of marketable securities106,731
Business combinations, net of cash acquired(158,896)(41,253)
Asset acquisition, net of cash acquired(3,533)
Net cash used in investing activities(55,019)(63,511)
Financing activities
Proceeds from stock option exercises2,5032,314

Item 1. Financial Statements (Unaudited)

FAQ

What is Procore Technologies's acquisitions?
Procore Technologies (PCOR) reported acquisitions of $158.9M in Q1 2026.
How has Procore Technologies's acquisitions changed year-over-year?
Procore Technologies's acquisitions increased by 285.2% year-over-year, from $41.25M to $158.9M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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