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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%
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$8.46B-11.5%
Enterprise value$8.17B-12.3%
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:NetIncomeLoss.

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, except share and per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Other (expense) income, net(556)391
Loss before provision for income taxes(10,976)(27,695)
(Benefit from) provision for income taxes(1,880)5,294
Net loss$(9,096)$(32,989)
Net loss per share attributable to common stockholders, basic and diluted$(0.06)$(0.22)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted150,950,902149,997,899
Other comprehensive (loss) income
Foreign currency translation adjustment, net of tax$(249)$167

Item 1. Financial Statements (Unaudited)

FAQ

What is Procore Technologies's net income?
Procore Technologies (PCOR) reported net income of -$9.1M in Q1 2026.
How has Procore Technologies's net income changed year-over-year?
Procore Technologies's net income increased by 72.4% year-over-year, from -$32.99M to -$9.1M.
What is the long-term trend for Procore Technologies's net income?
Over 4 years (2021 to 2025), Procore Technologies's net income has grown at a -21.5% compound annual growth rate (CAGR), from -$265.17M to -$100.78M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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