Procore Technologies (PCOR) Gross Margin (2020 - 2026)
Procore Technologies' (PCOR) quarterly Gross Margin came in at 80.1% in Q1 2026, up 100.0% year-on-year from 40.05% in Q1 2025, and little changed quarter-over-quarter from 80.12% in Q4 2025.
Procore Technologies (PCOR) Gross Margin (2020 - 2026) Analysis & Trends
Procore Technologies has disclosed Gross Margin across 7 years of filings, most recently posting 80.1% for Q1 2026.
- Gross Margin for Q1 2026 came in at 80.1%, up 100.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 79.77% (down 139.0% YoY), and the FY2025 annual result was 79.52%, down 263.0% from the prior year.
- Gross Margin came in at 80.1% for Q1 2026 at Procore Technologies, roughly flat from 80.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.08% in Q2 2024 to a low of 78.67% in Q2 2022.
- The 5-year median for Gross Margin is 80.12% (2025), against an average of 80.63%.
- Across the five-year window, Gross Margin surged 282 bps in 2023 and sank 399 bps in 2025, its largest moves.
- Procore Technologies' Gross Margin stood at 79.92% in 2022, then increased by 2 bps to 81.61% in 2023, then slipped by 1 bps to 81.18% in 2024, then retreated by 1 bps to 80.12% in 2025, then fell by 0 bps to 80.1% in 2026.
- The last three Gross Margin figures came in at 80.1% (Q1 2026), 80.12% (Q4 2025), and 79.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Procore Technologies | 6.34 Bn | 5.75 Bn | 287.79 Mn | 80.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.10% |
| Dec 31, 2025 | 80.12% |
| Sep 30, 2025 | 79.71% |
| Jun 30, 2025 | 79.09% |
| Mar 31, 2025 | 79.10% |
| Dec 31, 2024 | 81.18% |
| Sep 30, 2024 | 81.43% |
| Jun 30, 2024 | 83.08% |
| Mar 31, 2024 | 83.03% |
| Dec 31, 2023 | 81.61% |
| Sep 30, 2023 | 82.20% |
| Jun 30, 2023 | 81.49% |
| Mar 31, 2023 | 81.17% |
| Dec 31, 2022 | 79.92% |
| Sep 30, 2022 | 79.74% |
| Jun 30, 2022 | 78.67% |
| Mar 31, 2022 | 79.10% |
| Dec 31, 2021 | 79.63% |
| Sep 30, 2021 | 82.81% |
| Jun 30, 2021 | 79.24% |