PROCORE TECHNOLOGIES, INC.

For the period ended Mar 31, 2026. Filed May 6, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

PCOR$76.26-0.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

Condensed Consolidated Statements of Operations and Comprehensive Loss(unaudited)

	Three Months Ended March 31,
(in thousands, except share and per share amounts)	2026	2025
Revenue	$359,283	$310,632
Cost of revenue	71,493	64,926
Gross profit	287,790	245,706
Operating expenses
Sales and marketing	149,181	138,684
Research and development	85,565	87,609
General and administrative	68,715	55,658
Total operating expenses	303,461	281,951
Loss from operations	(15,671)	(36,245)
Interest income	4,522	5,997
Interest expense	(268)	(285)
Accretion income, net	997	2,447
Other (expense) income, net	(556)	391
Loss before provision for income taxes	(10,976)	(27,695)
(Benefit from) provision for income taxes	(1,880)	5,294
Net loss	$(9,096)	$(32,989)
Net loss per share attributable to common stockholders, basic and diluted	$(0.06)	$(0.22)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	150,950,902	149,997,899
Other comprehensive (loss) income
Foreign currency translation adjustment, net of tax	$(249)	$167
Unrealized (loss) income on available-for-sale debt and marketable securities, net of tax	(474)	79
Total other comprehensive (loss) income	(723)	246
Comprehensive loss	$(9,819)	$(32,743)

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