PROCORE TECHNOLOGIES, INC. R&D Expense History
PCOR / Information Technology|7 years of SEC 10-K data (FY2019-FY2025)
$362M in FY2025 with a 5-year CAGR of +23.8%.
Improved from $301M to $362M over the past 2 years.
At $362M, PROCORE TECHNOLOGIES, INC.'s r&d expense ranks #80 of 249 in the Information Technology sector. R&D Expense has increased for 6 consecutive years, from $87M in FY2019 to $362M in FY2025.
Based on SEC 10-K filings.
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.
- 3-Year CAGR
- +10.2%
- 5-Year CAGR
- +23.8%
- 10-Year CAGR
- -
R&D Expense Trend
#80 of 249 in Information TechnologyTop 32% of 249This company $362.4M Sector average $950.3M
▼
-61.9% below sector average
Key Insights
- PROCORE TECHNOLOGIES, INC.'s r&d expense has grown for 6 consecutive years.
- 5-year CAGR of +23.8%, indicating consistent growth.
- In FY2025, r&d expense increased 15.8% year-over-year.
- Ranks #80 out of 249 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $362.4M | +15.8% |
| FY2024 | $313.0M | +4.1% |
| FY2023 | $300.6M | +10.9% |
| FY2022 | $271.0M | +14.2% |
| FY2021 | $237.3M | +90.3% |
| FY2020 | $124.7M | +43.3% |
| FY2019 | $87.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026