Procore Technologies (PCOR) Gross Margin (2020 - 2026)
Procore Technologies recorded quarterly Gross Margin of 80.1% in Q1 2026, little changed quarter-over-quarter from 80.12% in Q4 2025, and up 100.0% year-over-year from 40.05% in Q1 2025.
Procore Technologies' Gross Margin history runs 7 years deep, the most recent figure standing at 80.1% for Q1 2026.
- In Q1 2026, Gross Margin rose 100.0% year-over-year to 80.1%; the TTM figure through Mar 2026 stood at 79.77% (down 139.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 80.63% and a median of 80.12% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 282 bps in 2023 and plunged 399 bps in 2025, its largest moves.
- Procore Technologies' Gross Margin stood at 79.92% in 2022, then rose by 2 bps to 81.61% in 2023, then dropped by 1 bps to 81.18% in 2024, then decreased by 1 bps to 80.12% in 2025, then retreated by 0 bps to 80.1% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 80.1%, 80.12%, and 79.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Procore Technologies | 7.07 Bn | 6.48 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% |
| Mar 31, 2021 | 82.13% |
| Dec 31, 2020 | 82.58% |
| Sep 30, 2020 | 82.27% |
| Jun 30, 2020 | 82.32% |