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| 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 |