Procore Technologies annual gross margin
2019
2020
2021
2022
2023
2024
2025
Procore Technologies Gross Margin Growth & History (PCOR)
Procore Technologies's gross margin was 79.52% for fiscal 2025.
View full Procore Technologies company overviewProcore Technologies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 79.52% | −2.63 pp |
| 2024 | 2024-12-31 | 82.15% | +0.51 pp |
| 2023 | 2023-12-31 | 81.64% | +2.24 pp |
| 2022 | 2022-12-31 | 79.39% | −1.51 pp |
| 2021 | 2021-12-31 | 80.90% | −1.19 pp |
| 2020 | 2020-12-31 | 82.10% | +0.48 pp |
| 2019 | 2019-12-31 | 81.62% | — |
Procore Technologies quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 79.90% | +0.81 pp |
| Q1 2026 | 2026-03-31 | 80.10% | +1.00 pp |
| Q4 2025 | 2025-12-31 | 80.12% | −1.07 pp |
| Q3 2025 | 2025-09-30 | 79.71% | −1.72 pp |
| Q2 2025 | 2025-06-30 | 79.09% | −3.99 pp |
| Q1 2025 | 2025-03-31 | 79.10% | −3.93 pp |
| Q4 2024 | 2024-12-31 | 81.18% | −0.42 pp |
| Q3 2024 | 2024-09-30 | 81.43% | −0.77 pp |
| Q2 2024 | 2024-06-30 | 83.08% | +1.59 pp |
| Q1 2024 | 2024-03-31 | 83.03% | +1.86 pp |
| Q4 2023 | 2023-12-31 | 81.61% | +1.69 pp |
| Q3 2023 | 2023-09-30 | 82.20% | +2.47 pp |
| Q2 2023 | 2023-06-30 | 81.49% | +2.82 pp |
| Q1 2023 | 2023-03-31 | 81.17% | +2.07 pp |
| Q4 2022 | 2022-12-31 | 79.92% | +0.30 pp |
| Q3 2022 | 2022-09-30 | 79.74% | −3.07 pp |
| Q2 2022 | 2022-06-30 | 78.67% | −0.57 pp |
| Q1 2022 | 2022-03-31 | 79.10% | −3.03 pp |
| Q4 2021 | 2021-12-31 | 79.63% | — |
| Q3 2021 | 2021-09-30 | 82.81% | +0.53 pp |
| Q2 2021 | 2021-06-30 | 79.24% | −3.08 pp |
| Q1 2021 | 2021-03-31 | 82.13% | — |
| Q3 2020 | 2020-09-30 | 82.27% | — |
| Q2 2020 | 2020-06-30 | 82.32% | — |
Procore Technologies gross margin trends
Over the last five fiscal years, Procore Technologies's gross margin decreased from 82.10% to 79.52%, a change of −2.58 percentage points. The latest reported quarter, Q2 2026, shows 79.90%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Procore Technologies source filings ↗Community posts
Procore completes $845 million DroneDeploy deal to expand construction AI
Procore Technologies ($PCOR) completed its acquisition of DroneDeploy for approximately $845 million in cash, subject to customary adjustments. DroneDeploy is now a wholly owned subsidiary, bringing aerial imaging, ground robotics and camer ...
Procore upgrades AI task routing and simplifies access to specialized agents
Procore ($PCOR) updated the chat experience in Procore AI and Datagrid, combining simpler controls with an improved automatic mode. The system can answer straightforward questions directly, use available tools when needed and bring in speci ...
