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
DateValue
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%