Procore Technologies PCOR
NYSE PCOR
$58.00 -2.61 (-4.31%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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