Procore Technologies (PCOR) Gross Margin (2020 - 2026)
Procore Technologies' (PCOR) quarterly Gross Margin came in at 79.9% in Q2 2026, up 81.0% year-over-year from 44.14% in Q2 2025, and little changed quarter-over-quarter from 80.1% in Q1 2026.
Analysis
Procore Technologies (PCOR) Gross Margin (2020 - 2026) Analysis & Trends
Procore Technologies has disclosed Gross Margin across 7 years of filings, most recently posting 79.9% for Q2 2026.
- In Q2 2026, Gross Margin rose 81.0% year-over-year to 79.9%; the TTM figure through Jun 2026 stood at 79.96% (down 21.0% YoY), while the FY2025 annual figure was 79.52%, down 263.0% from the prior year.
- Gross Margin came in at 79.9% for Q2 2026 at Procore Technologies, roughly flat from 80.1% 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.
- Average Gross Margin over 5 years is 80.59%, with a median of 80.11% recorded in 2025.
- Year-over-year, Gross Margin soared 282 bps in 2023 and plunged 399 bps in 2025.
- Over 5 years, 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 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 81.74% |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | 69.43% |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 81.99% |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 79.90% |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | 72.09% |
Historic Data
Download Data
Historic 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% |