Procore Technologies (PCOR) Gross Margin (2020 - 2026)
Procore Technologies (PCOR) posted quarterly Gross Margin of 79.9% for Q2 2026, up 81.0% year-over-year from 44.14% in Q2 2025, and little changed on a QoQ basis from 80.1% in Q1 2026.
Procore Technologies (PCOR) Gross Margin (2020 - 2026) Analysis & Trends
Procore Technologies has reported Gross Margin for 7 years, with the latest figure at 79.9% in Q2 2026.
- Gross Margin for Q2 2026 came in at 79.9%, up 81.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 79.96% (down 21.0% YoY), and the FY2025 annual result was 79.52%, down 263.0% from the prior year.
- Gross Margin steadied at 79.9% in Q2 2026, from 80.1% in the prior quarter.
- Over five years, Gross Margin peaked at 83.08% in Q2 2024 and troughed at 78.67% in Q2 2022.
- A 5-year average of 80.59% and a median of 80.11% in 2025 frame the typical range for Gross Margin.
- The widest annual swing landed in 2023, when Gross Margin surged 282 bps; it then sank 399 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 79.92% in 2022, then gained by 2 bps to 81.61% in 2023, then declined by 1 bps to 81.18% in 2024, then slipped by 1 bps to 80.12% in 2025, then decreased by 0 bps to 79.9% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 79.9% in Q2 2026, 80.1% in Q1 2026, and 80.12% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Procore Technologies | 9.08 Bn | 8.43 Bn | 299.80 Mn | 79.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.90% |
| 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% |