Procore Technologies Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-100.8M | $-106.0M | $-189.7M | $-286.9M | $-265.2M | $-96.2M | $-83.1M |
| Depreciation & Amortization | $110.6M | $89.8M | $71.6M | $63.0M | $36.4M | $26.0M | $14.9M |
| Depreciation | $13.9M | $11.7M | $11.8M | $11.1M | $7.8M | $6.9M | $4.8M |
| Amortization | $44.2M | $40.8M | $37.6M | $38.4M | $13.8M | $5.8M | $2.4M |
| Stock-Based Compensation | $238.4M | $186.9M | $174.8M | $162.9M | $227.2M | $44.0M | $19.2M |
| Net Cash from Operating Activities | $300.3M | $196.2M | $92.0M | $12.6M | $36.7M | $21.9M | $-7.0M |
| Investing Activities | |||||||
| Capital Expenditures | $18.1M | $19.1M | $10.3M | $15.8M | $12.4M | $7.2M | $13.1M |
| Business Acquisitions | $41.5M | $25.9M | $0 | $0 | $509.8M | $14.5M | $38.7M |
| Net Cash from Investing Activities | $-70.5M | $-150.1M | $-76.1M | $-340.5M | $-541.8M | $-33.5M | $-66.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $128.8M | $0 | $0 | — | — | — | — |
| Net Cash from Financing Activities | $-178.9M | $36.2M | $41.2M | $38.7M | $711.8M | $272.1M | $92.8M |
| Net Change in Cash | — | — | — | $-289.2M | $206.8M | $260.5M | $19.1M |
| Free Cash Flow | $282.2M | $177.0M | $81.7M | $-3.2M | $24.3M | $14.7M | $-20.1M |