Procore Technologies Operating Expenses Growth & History (PCOR)
Procore Technologies's operating expenses was $1.18B for fiscal 2025.
View full Procore Technologies company overviewProcore Technologies annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.18B | $93.5M | +8.64% |
| 2024 | 2024-12-31 | $1.08B | $91.3M | +9.21% |
| 2023 | 2023-12-31 | $991.2M | $129.0M | +14.96% |
| 2022 | 2022-12-31 | $862.2M | $159.8M | +22.75% |
| 2021 | 2021-12-31 | $702.4M | $315.3M | +81.43% |
| 2020 | 2020-12-31 | $387.2M | $68.5M | +21.50% |
| 2019 | 2019-12-31 | $318.7M | — | — |
Procore Technologies quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $295.5M | $9.0M | +3.15% |
| Q1 2026 | 2026-03-31 | $303.5M | $21.5M | +7.63% |
| Q4 2025 | 2025-12-31 | $322.5M | $11.0M | +3.54% |
| Q3 2025 | 2025-09-30 | $285.1M | $7.7M | +2.77% |
| Q2 2025 | 2025-06-30 | $286.5M | $35.4M | +14.12% |
| Q1 2025 | 2025-03-31 | $282.0M | $39.3M | +16.22% |
| Q4 2024 | 2024-12-31 | $311.5M | $61.9M | +24.81% |
| Q3 2024 | 2024-09-30 | $277.4M | $23.3M | +9.17% |
| Q2 2024 | 2024-06-30 | $251.0M | $6.1M | +2.47% |
| Q1 2024 | 2024-03-31 | $242.6M | $24,000 | +0.01% |
| Q4 2023 | 2023-12-31 | $249.5M | $12.9M | +5.43% |
| Q3 2023 | 2023-09-30 | $254.1M | $33.7M | +15.27% |
| Q2 2023 | 2023-06-30 | $245.0M | $37.2M | +17.90% |
| Q1 2023 | 2023-03-31 | $242.6M | $45.3M | +22.94% |
| Q4 2022 | 2022-12-31 | $236.7M | $45.9M | +24.06% |
| Q3 2022 | 2022-09-30 | $220.5M | $61.6M | +38.78% |
| Q2 2022 | 2022-06-30 | $207.8M | −$38.6M | −15.66% |
| Q1 2022 | 2022-03-31 | $197.3M | $90.9M | +85.39% |
| Q4 2021 | 2021-12-31 | $190.8M | — | — |
| Q3 2021 | 2021-09-30 | $158.9M | $58.6M | +58.48% |
| Q2 2021 | 2021-06-30 | $246.4M | $163.7M | +198.17% |
| Q1 2021 | 2021-03-31 | $106.4M | — | — |
| Q3 2020 | 2020-09-30 | $100.2M | — | — |
| Q2 2020 | 2020-06-30 | $82.6M | — | — |
Procore Technologies operating expenses trends
Over the last five fiscal years, Procore Technologies's operating expenses increased from $387.2M to $1.18B, a change of $788.9M. The latest reported quarter, Q2 2026, shows $295.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. 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 ...