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Where this comes from
Reported directly by Procore Technologies in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Gross profit | 287,790 | 245,706 |
| Operating expenses | ||
| Sales and marketing | 149,181 | 138,684 |
| Research and development | 85,565 | 87,609 |
| General and administrative | 68,715 | 55,658 |
| Total operating expenses | 303,461 | 281,951 |
| Loss from operations | (15,671) | (36,245) |
| Interest income | 4,522 | 5,997 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Procore Technologies's R&D?
- Procore Technologies (PCOR) reported R&D of $85.57M in Q1 2026.
- How has Procore Technologies's R&D changed year-over-year?
- Procore Technologies's R&D decreased by 2.3% year-over-year, from $87.61M to $85.57M.
- What is the long-term trend for Procore Technologies's R&D?
- Over 4 years (2021 to 2025), Procore Technologies's R&D has grown at a 11.2% compound annual growth rate (CAGR), from $237.29M to $362.37M.
- What does R&D mean?
- Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.
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