Procore Technologies (PCOR) Research & Development (2020 - 2026)

Procore Technologies' (PCOR) quarterly Research & Development came in at $85.6 million in Q1 2026, down 2.33% year-on-year from $87.6 million in Q1 2025, and down 12.52% quarter-over-quarter from $97.8 million in Q4 2025.

Procore Technologies (PCOR) Research & Development (2020 - 2026) Analysis & Trends

Procore Technologies has disclosed Research & Development across 7 years of filings, most recently posting $85.6 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $85.6 million, down 2.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $360.3 million (up 9.19% YoY), and the FY2025 annual result was $362.4 million, up 15.78% from the prior year.
  • Research & Development came in at $85.6 million for Q1 2026 at Procore Technologies, down from $97.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $97.8 million in Q4 2025 to a low of $60.3 million in Q1 2022.
  • The 5-year median for Research & Development is $75.4 million (2022), against an average of $78.4 million.
  • Peak annual rise in Research & Development reached 74.42% in 2022, while the deepest fall reached 27.99% in 2022.
  • Procore Technologies' Research & Development stood at $75.4 million in 2022, then declined by 1.06% to $74.6 million in 2023, then climbed by 19.67% to $89.3 million in 2024, then climbed by 9.55% to $97.8 million in 2025, then decreased by 12.52% to $85.6 million in 2026.
  • The last three Research & Development figures came in at $85.6 million (Q1 2026), $97.8 million (Q4 2025), and $88.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Procore Technologies 6.34 Bn 5.75 Bn 287.79 Mn 85.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 85.57 Mn
Dec 31, 2025 97.81 Mn
Sep 30, 2025 88.05 Mn
Jun 30, 2025 88.90 Mn
Mar 31, 2025 87.61 Mn
Dec 31, 2024 89.29 Mn
Sep 30, 2024 80.79 Mn
Jun 30, 2024 72.31 Mn
Mar 31, 2024 70.60 Mn
Dec 31, 2023 74.61 Mn
Sep 30, 2023 72.71 Mn
Jun 30, 2023 73.22 Mn
Mar 31, 2023 80.04 Mn
Dec 31, 2022 75.41 Mn
Sep 30, 2022 71.49 Mn
Jun 30, 2022 63.82 Mn
Mar 31, 2022 60.25 Mn
Dec 31, 2021 60.67 Mn
Sep 30, 2021 53.45 Mn
Jun 30, 2021 88.63 Mn