PROCORE TECHNOLOGIES, INC.
For the period ended Jun 30, 2026. Filed Jul 31, 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.
Jun 30, 2026 · Filed Jul 31, 2026
PCOR$76.26-0.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)(unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (in thousands, except share and per share amounts) | 2026 | 2025 | 2026 | 2025 |
| Revenue | $375,207 | $323,919 | $734,490 | $634,551 |
| Cost of revenue | 75,411 | 67,732 | 146,904 | 132,658 |
| Gross profit | 299,796 | 256,187 | 587,586 | 501,893 |
| Operating expenses | ||||
| Sales and marketing | 145,785 | 141,897 | 294,966 | 280,581 |
| Research and development | 93,349 | 88,902 | 178,914 | 176,511 |
| General and administrative | 56,335 | 55,655 | 125,050 | 111,313 |
| Total operating expenses | 295,469 | 286,454 | 598,930 | 568,405 |
| Income (loss) from operations | 4,327 | (30,267) | (11,344) | (66,512) |
| Interest income | 4,422 | 5,015 | 8,944 | 11,012 |
| Interest expense | (179) | (298) | (447) | (583) |
| Accretion income, net | 714 | 2,027 | 1,711 | 4,474 |
| Other income, net | 5,879 | 2,023 | 5,323 | 2,414 |
| Income (loss) before (benefit from) provision for income taxes | 15,163 | (21,500) | 4,187 | (49,195) |
| (Benefit from) provision for income taxes | (1,759) | (411) | (3,639) | 4,883 |
| Net income (loss) | $16,922 | $(21,089) | $7,826 | $(54,078) |
| Net income (loss) per share attributable to common stockholders, basic | $0.11 | $(0.14) | $0.05 | $(0.36) |
| Net income (loss) per share attributable to common stockholders, diluted | $0.11 | $(0.14) | $0.05 | $(0.36) |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic | 151,355,834 | 149,663,744 | 151,154,487 | 149,829,900 |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted | 152,793,490 | 149,663,744 | 153,028,597 | 149,829,900 |
| Other comprehensive (loss) income | ||||
| Foreign currency translation adjustment, net of tax | $(353) | $1,263 | $(602) | $1,430 |
| Unrealized loss on available-for-sale debt and marketable securities, net of tax | (121) | (197) | (595) | (118) |
| Total other comprehensive (loss) income | (474) | 1,066 | (1,197) | 1,312 |
| Comprehensive income (loss) | $16,448 | $(20,023) | $6,629 | $(52,766) |
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