Procore Technologies (PCOR) Research & Development (2020 - 2026)
Procore Technologies recorded quarterly Research & Development of $85.6 million in Q1 2026, down 12.52% quarter-over-quarter from $97.8 million in Q4 2025, and down 2.33% year-over-year from $87.6 million in Q1 2025.
Procore Technologies' Research & Development history runs 7 years deep, the most recent figure standing at $85.6 million for Q1 2026.
- In Q1 2026, Research & Development fell 2.33% year-over-year to $85.6 million; the TTM figure through Mar 2026 stood at $360.3 million (up 9.19% YoY), while the FY2025 annual figure 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.
- A 5-year average of $78.4 million and a median of $75.4 million in 2022 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 74.42% in 2022 and fell as far as 27.99% in 2022.
- Procore Technologies' Research & Development stood at $75.4 million in 2022, then fell by 1.06% to $74.6 million in 2023, then grew by 19.67% to $89.3 million in 2024, then grew by 9.55% to $97.8 million in 2025, then slipped by 12.52% to $85.6 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $85.6 million, $97.8 million, and $88.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Procore Technologies | 7.07 Bn | 6.48 Bn | 287.79 Mn | 85.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 34.55 Mn |
| Dec 31, 2020 | 35.41 Mn |
| Sep 30, 2020 | 34.50 Mn |
| Jun 30, 2020 | 26.52 Mn |