Procore Technologies (PCOR) Research & Development (2020 - 2026)
Procore Technologies (PCOR) posted quarterly Research & Development of $145.8 million for Q2 2026, up 2.74% year-over-year from $141.9 million in Q2 2025, and down 2.28% on a QoQ basis from $149.2 million in Q1 2026.
Procore Technologies (PCOR) Research & Development (2020 - 2026) Analysis & Trends
Procore Technologies has reported Research & Development for 7 years, with the latest figure at $145.8 million in Q2 2026.
- Research & Development for Q2 2026 came in at $145.8 million, up 2.74% year-over-year; the trailing twelve-month figure through Jun 2026 was $595.1 million (up 1.95% YoY), and the FY2025 annual result was $580.7 million, up 5.19% from the prior year.
- Research & Development fell to $145.8 million in Q2 2026, from $149.2 million in the prior quarter.
- Over five years, Research & Development peaked at $161.7 million in Q4 2024 and troughed at $93.9 million in Q1 2022.
- A 5-year average of $130.4 million and a median of $128.8 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development jumped 74.03%; it then retreated 3.66% in 2025.
- A 5-year view of Research & Development shows it stood at $118.2 million in 2022, then rose by 3.67% to $122.5 million in 2023, then soared by 32.02% to $161.7 million in 2024, then dropped by 3.66% to $155.8 million in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Procore Technologies | 9.08 Bn | 8.43 Bn | 299.80 Mn | 145.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 145.79 Mn |
| Mar 31, 2026 | 85.57 Mn |
| Dec 31, 2025 | -62.50 Mn |
| Sep 30, 2025 | 88.05 Mn |
| Jun 30, 2025 | 88.90 Mn |
| Mar 31, 2025 | 138.68 Mn |
| Dec 31, 2024 | 161.73 Mn |
| Sep 30, 2024 | 80.79 Mn |
| Jun 30, 2024 | 127.92 Mn |
| Mar 31, 2024 | 70.60 Mn |
| Dec 31, 2023 | 122.51 Mn |
| Sep 30, 2023 | 72.71 Mn |
| Jun 30, 2023 | 73.22 Mn |
| Mar 31, 2023 | 117.36 Mn |
| Dec 31, 2022 | -35.82 Mn |
| Sep 30, 2022 | 71.49 Mn |
| Jun 30, 2022 | 63.82 Mn |
| Mar 31, 2022 | 93.92 Mn |
| Dec 31, 2021 | 13.06 Mn |
| Sep 30, 2021 | 53.45 Mn |