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Procore Technologies PCOR Provision for Credit Losses

Provision for Credit Losses at other companies

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ServiceTitan, Inc.TTAN
$1.67M-55.1%
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$3.8M-59.6%

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$5.87B-13.6%

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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Procore Technologies (PCOR) reported provision for credit losses of -$201K in Q1 2026.
How has Procore Technologies's provision for credit losses changed year-over-year?
Procore Technologies's provision for credit losses increased by 77.9% year-over-year, from -$909K to -$201K.
What is the long-term trend for Procore Technologies's provision for credit losses?
Over 3 years (2021 to 2024), Procore Technologies's provision for credit losses has grown at a 71.3% compound annual growth rate (CAGR), from $129K to $648K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.