Procore Technologies PCOR Payments to Develop Software
Payments to Develop Software at other companies
Other financials
Where this comes from
Reported directly by Procore Technologies in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.
The official record: Procore Technologies’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Procore Technologies's payments to develop software?
- Procore Technologies (PCOR) reported payments to develop software of $17.79M in Q1 2026.
- How has Procore Technologies's payments to develop software changed year-over-year?
- Procore Technologies's payments to develop software increased by 16.0% year-over-year, from $15.33M to $17.79M.
- What is the long-term trend for Procore Technologies's payments to develop software?
- Over 4 years (2021 to 2025), Procore Technologies's payments to develop software has grown at a 44.1% compound annual growth rate (CAGR), from $15.25M to $65.66M.
- What does payments to develop software mean?
- This represents the cash outflows related to the internal development of software products that meet capitalization criteria. It reflects the company's investment in long-term product innovation and platform enhancements. High levels of these payments indicate a commitment to maintaining a competitive technological edge in the SaaS market.