Procore Technologies (PCOR) Operating Expenses (2020 - 2026)

Procore Technologies' (PCOR) quarterly Operating Expenses came in at $303.5 million in Q1 2026, up 7.63% year-on-year from $282.0 million in Q1 2025, and down 5.9% quarter-over-quarter from $322.5 million in Q4 2025.

Procore Technologies (PCOR) Operating Expenses (2020 - 2026) Analysis & Trends

Procore Technologies has disclosed Operating Expenses across 7 years of filings, most recently posting $303.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $303.5 million, up 7.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 6.75% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $251.0 million (2024), against an average of $259.7 million.
  • Peak annual rise in Operating Expenses reached 85.39% in 2022, while the deepest fall reached 15.66% in 2022.
  • Procore Technologies' Operating Expenses stood at $236.7 million in 2022, then rose by 5.43% to $249.5 million in 2023, then grew by 24.81% to $311.5 million in 2024, then gained by 3.54% to $322.5 million in 2025, then declined by 5.9% to $303.5 million in 2026.
  • The last three Operating Expenses figures came in at $303.5 million (Q1 2026), $322.5 million (Q4 2025), and $285.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Procore Technologies 6.34 Bn 5.75 Bn 287.79 Mn 303.46 Mn

Historic Data

Download Data
DateValue
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