Procore Technologies Quarterly Income Statements Chart
Quarterly
|
Annual
Procore Technologies Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 323,919,000 | 310,632,000 | 302,048,000 | 295,885,000 | 284,347,000 | 269,428,000 | 260,041,000 | 247,907,000 | 228,536,000 | 213,526,000 | 202,053,000 | 186,429,000 | 172,205,000 | 159,516,000 | 146,103,000 | 131,990,000 | 122,790,000 |
| yoy | 13.92% | 15.29% | 16.15% | 19.35% | 24.42% | 26.18% | 28.70% | 32.98% | 32.71% | 33.86% | 38.29% | 41.24% | 40.24% | ||||
| qoq | 4.28% | 2.84% | 2.08% | 4.06% | 5.54% | 3.61% | 4.89% | 8.48% | 7.03% | 5.68% | 8.38% | 8.26% | 7.95% | 9.18% | 10.69% | 7.49% | |
| cost of revenue | 67,732,000 | 64,926,000 | 56,834,000 | 54,954,000 | 48,101,000 | 45,723,000 | 47,831,000 | 44,125,000 | 42,304,000 | 40,202,000 | 40,570,000 | 37,779,000 | 36,735,000 | 33,332,000 | 29,767,000 | 22,693,000 | 25,493,000 |
| gross profit | 256,187,000 | 245,706,000 | 245,214,000 | 240,931,000 | 236,246,000 | 223,705,000 | 212,210,000 | 203,782,000 | 186,232,000 | 173,324,000 | 161,483,000 | 148,650,000 | 135,470,000 | 126,184,000 | 116,336,000 | 109,297,000 | 97,297,000 |
| yoy | 8.44% | 9.83% | 15.55% | 18.23% | 26.86% | 29.07% | 31.41% | 37.09% | 37.47% | 37.36% | 38.81% | 36.01% | 39.23% | ||||
| qoq | 4.27% | 0.20% | 1.78% | 1.98% | 5.61% | 5.42% | 4.14% | 9.42% | 7.45% | 7.33% | 8.63% | 9.73% | 7.36% | 8.47% | 6.44% | 12.33% | |
| gross margin % | 79.09% | 79.10% | 81.18% | 81.43% | 83.08% | 83.03% | 81.61% | 82.20% | 81.49% | 81.17% | 79.92% | 79.74% | 78.67% | 79.10% | 79.63% | 82.81% | 79.24% |
| operating expenses | |||||||||||||||||
| sales and marketing | 141,897,000 | 138,684,000 | 161,733,000 | 141,370,000 | 127,922,000 | 120,994,000 | 122,511,000 | 129,672,000 | 125,362,000 | 117,363,000 | 118,170,000 | 109,608,000 | 103,283,000 | 93,915,000 | 84,285,000 | 70,356,000 | 99,905,000 |
| research and development | 88,902,000 | 87,609,000 | 89,289,000 | 80,791,000 | 72,308,000 | 70,599,000 | 74,611,000 | 72,708,000 | 73,216,000 | 80,036,000 | 75,413,000 | 71,493,000 | 63,822,000 | 60,254,000 | 60,671,000 | 53,447,000 | 88,627,000 |
| general and administrative | 55,655,000 | 55,658,000 | 60,436,000 | 55,267,000 | 50,792,000 | 51,018,000 | 52,422,000 | 51,753,000 | 46,383,000 | 45,188,000 | 43,102,000 | 39,362,000 | 40,667,000 | 43,152,000 | 45,830,000 | 35,051,000 | 57,827,000 |
| total operating expenses | 286,454,000 | 281,951,000 | 311,458,000 | 277,428,000 | 251,022,000 | 242,611,000 | 249,544,000 | 254,133,000 | 244,961,000 | 242,587,000 | 236,685,000 | 220,463,000 | 207,772,000 | 197,321,000 | 190,786,000 | 158,854,000 | 246,359,000 |
| income from operations | -30,267,000 | -36,245,000 | -66,244,000 | -36,497,000 | -14,776,000 | -18,906,000 | -37,334,000 | -50,351,000 | -58,729,000 | -69,263,000 | -75,202,000 | -71,813,000 | -72,302,000 | -71,137,000 | -74,450,000 | -49,557,000 | -149,062,000 |
| yoy | 104.84% | 91.71% | 77.44% | -27.51% | -74.84% | -72.70% | -50.36% | -29.89% | -18.77% | -2.63% | 1.01% | 44.91% | -51.50% | ||||
| qoq | -16.49% | -45.29% | 81.51% | 147.00% | -21.84% | -49.36% | -25.85% | -14.27% | -15.21% | -7.90% | 4.72% | -0.68% | 1.64% | -4.45% | 50.23% | -66.75% | |
| operating margin % | -9.34% | -11.67% | -21.93% | -12.33% | -5.20% | -7.02% | -14.36% | -20.31% | -25.70% | -32.44% | -37.22% | -38.52% | -41.99% | -44.60% | -50.96% | -37.55% | -121.40% |
| interest income | 5,015,000 | 5,997,000 | 5,980,000 | 5,962,000 | 5,814,000 | 5,938,000 | 5,167,000 | 4,721,000 | 4,943,000 | 4,948,000 | 4,966,000 | 2,143,000 | 111,000 | ||||
| interest expense | -298,000 | -285,000 | -460,000 | -488,000 | -472,000 | -479,000 | -480,000 | -490,000 | -491,000 | -496,000 | -499,000 | -504,000 | -491,000 | -494,000 | -521,000 | -576,000 | |
| accretion income | 2,027,000 | 2,447,000 | 2,918,000 | 3,816,000 | 3,761,000 | 3,088,000 | 3,179,000 | 2,952,000 | 2,031,000 | 1,632,000 | |||||||
| other income | 2,023,000 | 391,000 | -3,110,000 | 466,000 | -148,000 | -344,000 | 649,000 | -486,000 | -313,000 | -210,000 | -692,000 | -698,000 | -890,000 | 543,000 | 37,000 | -653,000 | -44,000 |
| income before benefit from income taxes | -21,500,000 | -27,695,000 | -60,916,000 | -26,741,000 | -5,821,000 | -10,703,000 | -28,819,000 | -43,654,000 | -52,559,000 | -63,389,000 | -71,427,000 | -70,872,000 | -73,081,000 | -71,085,000 | -74,907,000 | -50,731,000 | -149,682,000 |
| (benefit from) benefit from income taxes | -411,000 | 100,000 | -353,000 | ||||||||||||||
| net income | -21,089,000 | -32,989,000 | -62,291,000 | -26,388,000 | -6,311,000 | -10,966,000 | -29,519,000 | -43,847,000 | -52,881,000 | -63,447,000 | -71,184,000 | -71,205,000 | -73,123,000 | -71,419,000 | -50,972,000 | -50,742,000 | -149,719,000 |
| yoy | 234.16% | 200.83% | 111.02% | -39.82% | -88.07% | -82.72% | -58.53% | -38.42% | -27.68% | -11.16% | 39.65% | 40.33% | -51.16% | ||||
| qoq | -36.07% | -47.04% | 136.06% | 318.13% | -42.45% | -62.85% | -32.68% | -17.08% | -16.65% | -10.87% | -0.03% | -2.62% | 2.39% | 40.11% | 0.45% | -66.11% | |
| net income margin % | -6.51% | -10.62% | -20.62% | -8.92% | -2.22% | -4.07% | -11.35% | -17.69% | -23.14% | -29.71% | -35.23% | -38.19% | -42.46% | -44.77% | -34.89% | -38.44% | -121.93% |
| net income per share | -0.14 | -0.22 | -0.42 | -0.18 | -0.04 | -0.08 | -0.21 | -0.31 | -0.37 | -0.45 | -0.51 | -0.52 | -0.54 | -0.53 | -0.15 | -0.39 | -2.04 |
| weighted-average shares used for eps calculation | 149,663,744 | 149,997,899 | 147,444,772 | 148,134,585 | 146,938,942 | 145,476,006 | 141,961,467 | 142,828,406 | 141,238,489 | 139,646,465 | 136,525,728 | 137,180,639 | 135,927,677 | 134,530,010 | 92,673,453 | 131,438,987 | 73,539,568 |
| other comprehensive income | |||||||||||||||||
| foreign currency translation adjustment, net of tax | 1,263 | 167 | -1,723 | 509 | -87 | -486 | 623 | -565 | 395 | -16 | |||||||
| unrealized loss on available-for-sale debt and marketable securities, net of tax | -197 | -172 | -388 | 65 | -443 | ||||||||||||
| total other comprehensive income | 1,066 | 246 | -2,423 | 2,013 | -259 | -693 | 7 | 308 | |||||||||
| comprehensive loss | -20,023 | -32,743 | -64,714 | -24,375 | -6,570 | -11,659 | -28,469 | -44,271 | -52,874 | -63,139 | -70,751 | -72,925 | -73,914 | -71,074 | -50,956 | -51,304 | -149,919 |
| benefit from income taxes | 5,294,000 | 490,000 | 263,000 | 700,000 | 193,000 | 322,000 | 58,000 | -243,000 | 333,000 | 42,000 | 334,000 | 44,250 | 11,000 | 37,000 | |||
| unrealized income on available-for-sale debt and marketable securities, net of tax | 79 | -207 | 427 | 141 | |||||||||||||
| unrealized gain on available-for-sale debt and marketable securities, net of tax | 281.25 | 1,504 | 324 | ||||||||||||||
| other comprehensive loss | |||||||||||||||||
| total other comprehensive loss | -27.25 | -424 | -541.5 | -1,720 | |||||||||||||
| foreign currency translation adjustment | -430.75 | -1,277 | -791 | 345 | 16 | -562 | -200 | ||||||||||
| total comprehensive loss | |||||||||||||||||
| change in fair value of series i redeemable convertible preferred stock warrant liability | |||||||||||||||||
| less: recognition of beneficial conversion feature on preferred stock as a deemed dividend | |||||||||||||||||
| net income attributable to common stockholders | -50,972,000 | -50,742,000 |
We provide you with 20 years income statements for Procore Technologies stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Procore Technologies stock. Explore the full financial landscape of Procore Technologies stock with our expertly curated income statements.
The information provided in this report about Procore Technologies stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.