Procore Technologies (PCOR) Research & Development (2020 - 2026)
Procore Technologies' (PCOR) quarterly Research & Development came in at $145.8 million in Q2 2026, up 2.74% year-over-year from $141.9 million in Q2 2025, and down 2.28% quarter-over-quarter from $149.2 million in Q1 2026.
Analysis
Procore Technologies (PCOR) Research & Development (2020 - 2026) Analysis & Trends
Procore Technologies has disclosed Research & Development across 7 years of filings, most recently posting $145.8 million for Q2 2026.
- In Q2 2026, Research & Development rose 2.74% year-over-year to $145.8 million; the TTM figure through Jun 2026 stood at $595.1 million (up 1.95% YoY), while the FY2025 annual figure was $580.7 million, up 5.19% from the prior year.
- Research & Development came in at $145.8 million for Q2 2026 at Procore Technologies, down from $149.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $161.7 million in Q4 2024 to a low of $93.9 million in Q1 2022.
- Average Research & Development over 5 years is $130.4 million, with a median of $128.8 million recorded in 2023.
- Year-over-year, Research & Development surged 74.03% in 2022 and decreased 3.66% in 2025.
- Over 5 years, Research & Development stood at $118.2 million in 2022, then grew by 3.67% to $122.5 million in 2023, then jumped by 32.02% to $161.7 million in 2024, then decreased by 3.66% to $155.8 million in 2025, then retreated by 6.43% to $145.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $145.8 million in Q2 2026, $149.2 million in Q1 2026, and $155.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 136.29 Mn |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | 177.10 Mn |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 82.09 Mn |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 145.79 Mn |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | 88.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 145.79 Mn |
| Mar 31, 2026 | 149.18 Mn |
| Dec 31, 2025 | 155.81 Mn |
| Sep 30, 2025 | 144.29 Mn |
| Jun 30, 2025 | 141.90 Mn |
| Mar 31, 2025 | 138.68 Mn |
| Dec 31, 2024 | 161.73 Mn |
| Sep 30, 2024 | 141.37 Mn |
| Jun 30, 2024 | 127.92 Mn |
| Mar 31, 2024 | 120.99 Mn |
| Dec 31, 2023 | 122.51 Mn |
| Sep 30, 2023 | 129.67 Mn |
| Jun 30, 2023 | 125.36 Mn |
| Mar 31, 2023 | 117.36 Mn |
| Dec 31, 2022 | 118.17 Mn |
| Sep 30, 2022 | 109.61 Mn |
| Jun 30, 2022 | 103.28 Mn |
| Mar 31, 2022 | 93.92 Mn |
| Dec 31, 2021 | 84.29 Mn |
| Sep 30, 2021 | 70.36 Mn |