Procore Technologies (PCOR) Operating Expenses (2020 - 2026)
Procore Technologies recorded quarterly Operating Expenses of $303.5 million in Q1 2026, down 5.9% quarter-over-quarter from $322.5 million in Q4 2025, and up 7.63% year-over-year from $282.0 million in Q1 2025.
Procore Technologies' Operating Expenses history runs 7 years deep, the most recent figure standing at $303.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 7.63% year-over-year to $303.5 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 6.75% YoY), while the FY2025 annual figure was $1.2 billion, up 8.64% from the prior year.
- Operating Expenses came in at $303.5 million for Q1 2026 at Procore Technologies, down from $322.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $322.5 million in Q4 2025 to a low of $197.3 million in Q1 2022.
- A 5-year average of $259.7 million and a median of $251.0 million in 2024 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 85.39% in 2022 and fell as far as 15.66% in 2022.
- Procore Technologies' Operating Expenses stood at $236.7 million in 2022, then gained by 5.43% to $249.5 million in 2023, then increased by 24.81% to $311.5 million in 2024, then advanced by 3.54% to $322.5 million in 2025, then fell by 5.9% to $303.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $303.5 million, $322.5 million, and $285.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Procore Technologies | 7.07 Bn | 6.48 Bn | 287.79 Mn | 303.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 303.46 Mn |
| Dec 31, 2025 | 322.50 Mn |
| Sep 30, 2025 | 285.12 Mn |
| Jun 30, 2025 | 286.45 Mn |
| Mar 31, 2025 | 281.95 Mn |
| Dec 31, 2024 | 311.46 Mn |
| Sep 30, 2024 | 277.43 Mn |
| Jun 30, 2024 | 251.02 Mn |
| Mar 31, 2024 | 242.61 Mn |
| Dec 31, 2023 | 249.54 Mn |
| Sep 30, 2023 | 254.13 Mn |
| Jun 30, 2023 | 244.96 Mn |
| Mar 31, 2023 | 242.59 Mn |
| Dec 31, 2022 | 236.69 Mn |
| Sep 30, 2022 | 220.46 Mn |
| Jun 30, 2022 | 207.77 Mn |
| Mar 31, 2022 | 197.32 Mn |
| Dec 31, 2021 | 190.79 Mn |
| Sep 30, 2021 | 158.85 Mn |
| Jun 30, 2021 | 246.36 Mn |
| Mar 31, 2021 | 106.44 Mn |
| Dec 31, 2020 | 112.02 Mn |
| Sep 30, 2020 | 100.23 Mn |
| Jun 30, 2020 | 82.62 Mn |