Procore Technologies, Inc.

PCOR Technology Software Application

Procore Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 14.8% from fiscal 2024.

Revenue
+18.7%
EPS
+50.0%
Free cash flow
+41.3%
Total debt
−100.0%

Quarter to September 2026, against a year earlier

76.17 0.57 +0.75%
Market cap
$11.5B
P/E
0.0×
Fwd P/E
811×
Dividend yield
—
F-score
5/9
Altman Z
6.43
Beneish M
−3.18
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 55.54
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 5 2 2 2 2 2 2 2 5 2 2 1
Insider Ownership 16.57%

Capital & Financial Ratios $m

Size
Market Cap 11,490.00
Revenue ttm 1,485.91
Net income ttm (34.37)
Free cash flow ttm 375.26
Net debt Q (613.87)
Valuation
P/E 0.00
Forward P/E 811.00 (above 35: high)
Price / sales 7.71
Forward P/S Powerpack
Price / FCF 39.91
Price / book 10.56 (above 6: high)
Financial health
Current ratio Q 1.06
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (1.45)
Growth
Revenue growth Q +18.73% (above 0%: growing)
Operating income growth Q +52.22% (above 0%: growing)
EPS, this year +25.52% (at or above 15%: strong)
EPS, next year A +47.28% (at or above 15%: strong)
Revenue, next year A −98.21% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +30.39% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 18.79%
10-year low 10-year high
P/B against its own 10 years 98.14%
10-year low 10-year high
EV/Sales against its own 10 years 19.88%
10-year low 10-year high
EV/FCF against its own 10 years 17.64%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 678 775 768 614
Receivables 207 246 288 261
Inventory — — — —
Other 29 34 55 65
956 1,100 1,167 1,038
2023 2024 2025 Q'26
Payables 13 33 25 45
ST’ Debt — — — —
Other 27 21 42 83
642 728 885 983

Compound Annual Growth %

10y 5y 3y
Sales — 27.00% 22.46%
Cash Flow — 68.89% 187.71%
Earnings — 0.00% 0.00%
Book Value — 22.62% 4.17%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.06) 0.11 (0.03) — —
’25 (0.22) (0.14) (0.06) (0.25) (0.67)
’24 (0.08) (0.04) (0.18) (0.42) (0.72)
’23 (0.45) (0.37) (0.31) (0.20) (1.34)
’22 (0.53) (0.54) (0.52) (0.51) (2.10)
’21 (0.44) (2.04) (0.39) (0.38) (2.86)
’20 (0.72) (0.50) (0.57) (1.66) (3.45)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 359 375 402 — —
’25 311 324 339 349 1,323
’24 269 284 296 302 1,152
’23 214 229 248 260 950
’22 160 172 186 202 720
’21 114 123 132 146 515
’20 92 97 102 110 400
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 77 88 96 — —
’25 66 31 88 115 300
’24 69 59 39 29 196
’23 29 (12) 34 41 92
’22 10 (27) 7 23 13
’21 28 (3) 15 (4) 37
’20 5 (6) 11 12 22
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 56 65 96 — —
’25 43 11 68 91 213
’24 58 43 23 0 124
’23 19 (24) 16 27 39
’22 (5) (37) (6) 12 (37)
’21 24 (8) 6 (13) 9
’20 (3) (11) 7 9 3
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 25.4% a year for ten years.

Implied
25.4%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 112 186 289 400 515 720 950 1,152 1,323 1,486 +36.1% 24 28 33 (70.9%)
Gross margin, % — 77.41 79.93 81.62 82.10 80.90 79.39 81.64 82.15 79.52 80.15 +2.1 pt
EBT — (55) (56) (83) (97) (289) (286) (188) (104) (94) (36) +6.9%
EBT margin, % — (49.27) (30.27) (28.71) (24.27) (56.12) (39.78) (19.83) (9.05) (7.11) (2.40) +42.2 pt
Net income — 0 (57) (83) (96) (265) (287) (190) (106) (101) (34) n/m
Per share, $
Per share, $ Revenue — 1.08 9.12 11.87 14.35 5.56 5.28 6.69 7.81 8.80 9.88 +30.0%
Earnings — (0.53) (2.77) (3.41) (3.45) (2.86) (2.10) (1.34) (0.72) (0.67) (0.23) +3.0%
Cash flow — (0.19) (1.03) (0.29) 0.78 0.40 0.09 0.65 1.33 2.00 2.50 n/m
Capex — 0.00 (1.07) (1.15) (0.68) (0.30) (0.36) (0.37) (0.49) (0.58) 0.00 n/m
Free cash flow — (0.19) (2.10) (1.44) 0.10 0.10 (0.27) 0.28 0.84 1.42 2.50 n/m
Book value — 0.00 0.00 7.76 16.32 12.83 8.18 8.14 8.74 8.40 7.21 n/m
Shares, m — 104 20 24 28 93 137 142 147 150 151 +4.7%
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — 6.54 6.54 6.54 6.54 14.40 8.88 10.12 9.59 8.26 7.71 8.6
P/B — 0.00 0.00 0.00 0.00 6.23 5.73 8.32 8.58 8.66 10.56 4.2
EV/Sales — 5.67 5.67 5.67 5.67 13.35 8.13 9.45 8.96 7.70 7.30 7.8
EV/FCF — 82.02 82.02 82.02 82.02 755.28 (159.06) 229.22 83.37 47.83 37.77 142.7
Cash, $m
Cash, $m Operating cash flow — (20) (21) (7) 22 37 13 92 196 300 375 n/m
Capex — (9) (22) (28) (19) (28) (49) (53) (72) (87) (88) +32.6%
Free cash flow — (20) (43) (35) 3 9 (37) 39 124 213 375 n/m
Balance, $m
Balance, $m Working capital — — 4 (24) 226 349 268 313 372 282 54 +83.7%
Net debt — — 227 (68) (331) (539) (537) (634) (734) (742) (614) n/m
Shareholders’ equity — — — 189 455 1,189 1,117 1,156 1,288 1,262 1,085 +37.2%
Returns, %
Returns, % ROA — 0.00 0.00 (33.00) (14.52) (21.12) (16.73) (10.44) (5.30) (4.64) (1.34) (4.6) pt
ROIC — — (15.16) (42.67) (29.43) (27.47) (31.29) (25.86) (15.38) (14.94) (8.14) +0.2 pt
ROE — 0.00 24.97 36.63 36.58 (57.82) (24.88) (16.70) (8.67) (7.90) (2.98) (7.9) pt
People
People Employees — — — — — 2,885 3,568 3,694 4,203 4,421 — +11.3%
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.18 0.20 0.26 0.27 0.30 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Procore Technologies sells construction management software to owners, general contractors and specialty contractors. Its cloud platform gives project participants a place to share information and coordinate work from the office or the job site. Customers can use it on computers, smartphones and tablets.

The software covers stages of a construction project, from estimating and bidding before work begins to managing schedules, workers, equipment, costs and payments during construction. For example, a general contractor can use it to distribute drawings and track project progress, while a specialty contractor can use it to manage crews and document completed work. Owners can use it to monitor costs and progress across their projects.

Procore Technologies, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GRAB Grab Holdings Limited $14.2B 25.9× 19.3× +27.38% (above 0%: growing) −56.00% (below 0%: shrinking) +108.44% (above 0%: growing) 46.49% 9.71% Compare
BSY Bentley Systems, Incorporated $13.6B 43.3× 39.1× +12.24% (above 0%: growing) +61.11% (above 0%: growing) −8.34% (below 0%: shrinking) 82.93% 29.09% Compare
DT Dynatrace, Inc. $12.5B 79.3× 70.5× +17.43% (above 0%: growing) +23.84% (above 0%: growing) +29.38% (above 0%: growing) 80.56% 16.49% Compare
PCOR Procore Technologies, Inc. $11.5B — (loss-making) 811× +18.73% (above 0%: growing) n/m +41.27% (above 0%: growing) 80.44% (1.79%)
CHYM Chime Financial, Inc. $11.4B 150× 59.6× +32.10% (above 0%: growing) n/m +815.52% (above 0%: growing) 89.98% 4.78% Compare
PAYC Paycom Software, Inc. $11.1B 23.8× 24.7× +10.24% (above 0%: growing) +52.79% (above 0%: growing) +105.01% (above 0%: growing) 0.00% 36.01% Compare
HUBS HubSpot, Inc. $10.2B 49.0× 63.1× +17.05% (above 0%: growing) +441.94% (above 0%: growing) +13.74% (above 0%: growing) 82.62% 7.59% Compare
FIG Figma, Inc. $9.8B — (loss-making) — (loss-making) +42.76% (above 0%: growing) n/m −5.62% (below 0%: shrinking) 80.33% (30.44%) Compare
FROG JFrog Ltd. $9.2B — (loss-making) — (loss-making) +28.73% (above 0%: growing) n/m +51.58% (above 0%: growing) 77.93% (8.09%) Compare
Median of peers $11.3B 46.1× 49.4× +22.41% +52.79% +40.48% 80.45% 8.65%

All 230 Software Application stocks →

From the latest earnings call

Updated

  • CEO Ajay Gopal said Procore saw an uneven construction market, with weakness in manufacturing and demand from data center construction.
  • Gopal said Procore plans to integrate DroneDeploy’s visual capture technology and cross-sell its products after the proposed acquisition closes.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 100.76%
Held by the ten largest 52.48%
Holder Shares Stake Change
ICONIQ Capital, LLC 14.62m 9.63% +1.09k
Vanguard 13.33m 8.78% +177.82k
Morgan Stanley 11.42m 7.52% +2.34m
Assenagon Asset Management S.A. 8.80m 5.79% +6.54m
BlackRock 7.39m 4.87% −147.06k
T. Rowe Price 6.62m 4.36% +1.03m
UBS 5.52m 3.64% +1.11m
AllianceBernstein 5.09m 3.35% −4.66m
Capital Group 3.47m 2.28% −1.05m
Wellington Management 3.45m 2.27% +260.31k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 24 April 2026

Ownership

Directors and executive officers, together 16.80%
William J.G. Griffith IV 11.90%
Entities affiliated with ICONIQ Strategic Partners 9.70%
The Vanguard Group 7.30%
Entities affiliated with Morgan Stanley 6.30%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Procore Technologies, Inc. (PCOR) Latest News

3 Nov

23 Oct

Impact 3 · · StockStory

16 Oct

21 Sep

Impact 3 · · StockStory

31 Jul

Impact 3 · · MarketBeat transcript

PCOR metrics, ten years each

stockrow.com/PCOR · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com