Procore Technologies (PCOR) Operating Expenses (2020 - 2026)
Procore Technologies (PCOR) posted quarterly Operating Expenses of $295.5 million for Q2 2026, up 3.15% year-over-year from $286.5 million in Q2 2025, and down 2.63% on a QoQ basis from $303.5 million in Q1 2026.
Procore Technologies (PCOR) Operating Expenses (2020 - 2026) Analysis & Trends
Procore Technologies has reported Operating Expenses for 7 years, with the latest figure at $295.5 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $295.5 million, up 3.15% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 4.26% YoY), and the FY2025 annual result was $1.2 billion, up 8.64% from the prior year.
- Operating Expenses declined to $295.5 million in Q2 2026, from $303.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $322.5 million in Q4 2025 and troughed at $197.3 million in Q1 2022.
- A 5-year average of $261.7 million and a median of $252.6 million in 2023 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 85.39% in 2022 against a maximum downside of 15.66% in 2022.
- A 5-year view of Operating Expenses shows it stood at $236.7 million in 2022, then advanced by 5.43% to $249.5 million in 2023, then rose by 24.81% to $311.5 million in 2024, then climbed by 3.54% to $322.5 million in 2025, then declined by 8.38% to $295.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $295.5 million in Q2 2026, $303.5 million in Q1 2026, and $322.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Procore Technologies | 9.08 Bn | 8.43 Bn | 299.80 Mn | 295.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 295.47 Mn |
| 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 |