Procore Technologies Inc
NYSE:PCOR
Income Statement
Earnings Waterfall
Procore Technologies Inc
Revenue
|
1B
USD
|
Cost of Revenue
|
-179.6m
USD
|
Gross Profit
|
826.2m
USD
|
Operating Expenses
|
-984.9m
USD
|
Operating Income
|
-158.7m
USD
|
Other Expenses
|
21.5m
USD
|
Net Income
|
-137.2m
USD
|
Income Statement
Procore Technologies Inc
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
186
N/A
|
209
+12%
|
233
+11%
|
260
+12%
|
289
+11%
|
321
+11%
|
114
-64%
|
237
+108%
|
369
+56%
|
515
+40%
|
560
+9%
|
610
+9%
|
664
+9%
|
720
+8%
|
774
+7%
|
831
+7%
|
892
+7%
|
950
+7%
|
1 006
+6%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(37)
|
(41)
|
(43)
|
(48)
|
(53)
|
(59)
|
(20)
|
(46)
|
(69)
|
(98)
|
(111)
|
(123)
|
(138)
|
(148)
|
(155)
|
(161)
|
(167)
|
(174)
|
(180)
|
|
Gross Profit |
149
N/A
|
168
+13%
|
189
+13%
|
211
+12%
|
236
+12%
|
262
+11%
|
94
-64%
|
191
+104%
|
300
+57%
|
417
+39%
|
449
+8%
|
487
+9%
|
527
+8%
|
572
+9%
|
619
+8%
|
670
+8%
|
725
+8%
|
776
+7%
|
826
+7%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(204)
|
(224)
|
(253)
|
(285)
|
(319)
|
(347)
|
(106)
|
(353)
|
(512)
|
(693)
|
(791)
|
(750)
|
(809)
|
(853)
|
(894)
|
(932)
|
(968)
|
(982)
|
(985)
|
|
Selling, General & Administrative |
(148)
|
(164)
|
(186)
|
(209)
|
(231)
|
(246)
|
(71)
|
(228)
|
(333)
|
(454)
|
(522)
|
(505)
|
(545)
|
(575)
|
(601)
|
(629)
|
(662)
|
(676)
|
(684)
|
|
Research & Development |
(56)
|
(60)
|
(67)
|
(75)
|
(87)
|
(99)
|
(34)
|
(123)
|
(176)
|
(233)
|
(259)
|
(232)
|
(249)
|
(262)
|
(277)
|
(287)
|
(290)
|
(291)
|
(286)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(6)
|
(10)
|
(13)
|
(15)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
|
Operating Income |
(55)
N/A
|
(56)
-2%
|
(64)
-14%
|
(73)
-15%
|
(83)
-13%
|
(85)
-3%
|
(13)
+85%
|
(162)
-1 156%
|
(212)
-31%
|
(277)
-31%
|
(342)
-24%
|
(263)
+23%
|
(283)
-8%
|
(281)
+1%
|
(275)
+2%
|
(263)
+4%
|
(243)
+8%
|
(207)
+15%
|
(159)
+23%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
1
|
6
|
11
|
15
|
18
|
18
|
20
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(2)
|
(5)
|
(7)
|
(9)
|
(14)
|
(12)
|
(11)
|
(9)
|
(7)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
1
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
2
|
5
|
9
|
10
|
|
Pre-Tax Income |
(56)
N/A
|
(57)
-1%
|
(65)
-13%
|
(74)
-15%
|
(83)
-12%
|
(87)
-5%
|
(14)
+84%
|
(163)
-1 101%
|
(214)
-31%
|
(289)
-35%
|
(346)
-20%
|
(270)
+22%
|
(290)
-7%
|
(287)
+1%
|
(279)
+3%
|
(258)
+7%
|
(231)
+11%
|
(188)
+18%
|
(136)
+28%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
24
|
24
|
24
|
23
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(57)
|
(58)
|
(65)
|
(74)
|
(83)
|
(87)
|
(14)
|
(163)
|
(214)
|
(265)
|
(323)
|
(246)
|
(267)
|
(287)
|
(279)
|
(259)
|
(231)
|
(190)
|
(137)
|
|
Net Income (Common) |
(57)
N/A
|
(58)
-2%
|
(65)
-13%
|
(74)
-15%
|
(83)
-12%
|
(87)
-5%
|
(14)
+84%
|
(163)
-1 093%
|
(214)
-31%
|
(265)
-24%
|
(323)
-22%
|
(246)
+24%
|
(267)
-8%
|
(287)
-8%
|
(279)
+3%
|
(259)
+7%
|
(231)
+11%
|
(190)
+18%
|
(137)
+28%
|
|
EPS (Diluted) |
-0.44
N/A
|
-0.45
-2%
|
-0.51
-13%
|
-0.58
-14%
|
-0.65
-12%
|
-0.68
-5%
|
-0.11
+84%
|
-1.25
-1 036%
|
-1.64
-31%
|
-1.98
-21%
|
-2.4
-21%
|
-1.82
+24%
|
-1.95
-7%
|
-2.1
-8%
|
-1.99
+5%
|
-1.85
+7%
|
-1.61
+13%
|
-1.34
+17%
|
-0.96
+28%
|