Procore Technologies Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $375.2M | $359.3M | $349.1M | $338.9M | $323.9M | $310.6M | $302.0M | $295.9M |
| Cost of Revenue | $75.4M | $71.5M | $69.4M | $68.8M | $67.7M | $64.9M | $56.8M | $55.0M |
| Gross Profit | $299.8M | $287.8M | $279.7M | $270.1M | $256.2M | $245.7M | $245.2M | $240.9M |
| Gross Margin | 79.9% | 80.1% | 80.1% | 79.7% | 79.1% | 79.1% | 81.2% | 81.4% |
| Operating Expenses | ||||||||
| Research & Development | $93.3M | $85.6M | $97.8M | $88.0M | $88.9M | $87.6M | $89.3M | $80.8M |
| SG&A Expense | $56.3M | $68.7M | $68.9M | $52.8M | $55.7M | $55.7M | $60.4M | $55.3M |
| Operating Income | $4.3M | $-15.7M | $-42.8M | $-15.0M | $-30.3M | $-36.2M | $-66.2M | $-36.5M |
| Operating Margin | 1.2% | -4.4% | -12.3% | -4.4% | -9.3% | -11.7% | -21.9% | -12.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $15.2M | $-11.0M | $-36.2M | $-8.6M | $-21.5M | $-27.7M | $-60.9M | $-26.7M |
| Income Tax Expense | $-1.8M | $-1.9M | $1.4M | $479.0K | $-411.0K | $5.3M | $1.4M | $-353.0K |
| Net Income | $16.9M | $-9.1M | $-37.6M | $-9.1M | $-21.1M | $-33.0M | $-62.3M | $-26.4M |
| Net Margin | 4.5% | -2.5% | -10.8% | -2.7% | -6.5% | -10.6% | -20.6% | -8.9% |
| EPS (Basic) | $0.11 | $-0.06 | $-0.25 | $-0.06 | $-0.14 | $-0.22 | $-0.42 | $-0.18 |
| EPS (Diluted) | $0.11 | $-0.06 | $-0.25 | $-0.06 | $-0.14 | $-0.22 | $-0.42 | $-0.18 |
| Shares Outstanding (Basic) | 151.4M | 151.0M | 150.2M | 150.3M | 149.7M | 150.0M | 147.4M | 148.1M |
| Shares Outstanding (Diluted) | 152.8M | 151.0M | 150.2M | 150.3M | 149.7M | 150.0M | 147.4M | 148.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |