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

Procore Technologies (PCOR) reported Operating Expenses of $303.5 million for Q1 2026, up 7.63% on a YoY basis from $282.0 million in Q1 2025, and down 5.9% sequentially from $322.5 million in Q4 2025.

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

Procore Technologies (PCOR) has 7 years of Operating Expenses data on file, last reported at $303.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 7.63% year-over-year to $303.5 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 6.75% YoY), and the FY2025 full-year result was $1.2 billion, up 8.64% from the prior year.
  • Operating Expenses declined to $303.5 million in Q1 2026, 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.
  • Peak annual rise in Operating Expenses reached 85.39% in 2022, while the deepest fall reached 15.66% in 2022.
  • Tracing PCOR's Operating Expenses over 5 years: stood at $236.7 million in 2022, then increased by 5.43% to $249.5 million in 2023, then climbed by 24.81% to $311.5 million in 2024, then rose by 3.54% to $322.5 million in 2025, then dropped by 5.9% to $303.5 million in 2026.
  • Business Quant data shows PCOR's Operating Expenses at $303.5 million in Q1 2026, $322.5 million in Q4 2025, and $285.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Procore Technologies 6.20 Bn 5.61 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