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| 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 |