Company / R&D Expense
PROCORE TECHNOLOGIES, INC. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$362.4M
FY2025
5-year range
$87.0M / $362.4M
FY2021-FY2025
Trend
+15.8%
vs FY2024
Sector context
#80 of 264
Information Technology
What the data says
At $362M, PROCORE TECHNOLOGIES, INC.'s r&d expense ranks #80 of 264 in the Information Technology sector. R&D Expense has increased for 4 consecutive years, from $87M in FY2021 to $362M in FY2025.
Based on SEC 10-K filings.
$362M in FY2025 with a 5-year CAGR of +23.8%.
Improved from $301M to $362M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +42.7%
- 5-Year CAGR
- +23.8%
- 10-Year CAGR
- -
Sector benchmark
#80 of 264 in Information TechnologyTop 30% of 264This company $362.4M Sector average $924.6M
▼
-60.8% below sector average
Key checks
Key Insights
- PROCORE TECHNOLOGIES, INC.'s r&d expense has grown for 4 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 264 companies in the Information Technology sector.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $362.4M | +15.8% |
| FY2024 | $313.0M | +4.1% |
| FY2023 | $300.6M | +141.1% |
| FY2022 | $124.7M | +43.3% |
| FY2021 | $87.0M | -30.2% |
| FY2020 | $124.7M | +43.3% |
| FY2019 | $87.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026