Company / Interest Expense
PROCORE TECHNOLOGIES, INC. Interest Expense History
FY2019-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.0M
FY2023
5-year range
$930.0K / $2.4M
FY2019-FY2023
Trend
-16.8%
vs FY2022
Sector context
#79 of 88
Information Technology
What the data says
Among 88 Information Technology companies, PROCORE TECHNOLOGIES, INC. is in the top 10% for interest expense. Interest Expense has fluctuated over the past 5 years, ranging from $930,000 in FY2021 to $2M in FY2022.
Based on SEC 10-K filings.
$2M in FY2023 with a 3-year CAGR of -6.0%.
Increased from $930,000 to $2M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -6.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 10% in Information TechnologyTop 10% of 88This company $2.0M Sector average $173.8M
▼
-98.9% below sector average
Key checks
Key Insights
- 3-year CAGR of -6.0%, indicating a declining trend.
- In FY2023, interest expense decreased 16.8% year-over-year.
- Ranks #79 out of 88 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- Negative profit margin: -9.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.0M | -16.8% |
| FY2022 | $2.4M | +153.0% |
| FY2021 | $930.0K | -60.5% |
| FY2020 | $2.4M | +153.0% |
| FY2019 | $930.0K | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026