Company Analysis

Procore Technologies, Inc. PCOR

A comprehensive view of key metrics, scores, and financial health for Procore Technologies, Inc.

Overview of Procore Technologies, Inc.

PCOR NYQ

Technology Software - Application Framework: Software & SaaS Mid Cap

Procore Technologies, Inc. (PCOR), is a Mid Cap company, in the Software - Application industry, last closed at $56.18, about 39.0% overvalued vs fair value, -19.3% 1Y return, ranked 337/780 in sector.

Metrics Rev Growth 14.8% ROE -7.9% Gross Margin 79.5%

USD 56.18

-3.15%

(Delayed)

• Vol 90d: 58.3%

52-Week Range

Low

38.30

43%

Now 56.18

High

79.60

Market Cap

$6.62B

Enterprise Value

$6.18B

Overall Score

View breakdown

Overall

Growth

Good

Profitability

Fair

Health

Weak

Efficiency

Good

Valuation

Good

Growth

Good

Profitability

Fair

Health

Weak

Efficiency

Good

Valuation

Good

Completeness: 82%

Confidence: 52%

Updated: Sep 12

Top Beats

Quick Facts

Website https://www.procore.com

HQ Carpinteria, CA

Employees 4,421

Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull

$31

$34

$38

Current: $56.18 -39% vs base

Engine Room Money Flow™

Mid Cap

Software & SaaS - Where revenue goes and how value is created

Flow Steps

Total Revenue

$1.3B

14.8%%

Gross Profit

$1.1B

11.2%%

Operating Income (GAAP)

$-124.3M

8.9%%

Operating Cash Flow

$300.3M

53.1%%

Money Flow Bridge

You are currently seeing a limited view of the money flow waterfall.

See the full waterfall with all stages on Premium. Upgrade

Flow Direction: Money moves from left to right

Components: Breakdown shows composition of each stage

Industry-Specific: Software & SaaS

Data Quality Notes

Note: 'Free Cash Flow' here is GAAP FCF (Operating Cash Flow − CapEx). Many software companies report an adjusted FCF that also adds back SBC; the Rule of 40 and FCF Margin shown use GAAP FCF, which is the more conservative and investor-relevant figure.
SBC is 18.0% of revenue — a real economic cost that dilutes shareholders annually even though it is a non-cash GAAP charge.

Quality & Reliability Indicators

Gross Margin

79.5%

Excellent

Gross Profit / Revenue — pricing power and product moat (SaaS benchmark: >70%)

Locked Metric

Premium

Locked Metric

Premium

Locked Metric

Premium

Locked Metric

Premium

Locked Metric

Premium

Locked Metric

Premium

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$128.8M

59.5% of FCF

Where It Leaks

Cash Flow Health critical

Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.

Active Leaks

3/4

Improving

High Impact

Critical

Stock-Based Compensation Leak

Current: 79.4%

Conversion Leak

Improving

Locked Leak

Upgrade to view details

Premium

Locked Leak

Upgrade to view details

Premium

Locked Leak

Upgrade to view details

Premium

Scores based on quantitative metrics and qualitative factors

Full moat analysis

Key strengths

Consistent Subscription Growth Revenue consistency is strong (score 0.72), pointing to a sticky customer base.
Deferred Revenue Momentum Contracted demand signals are healthy (score 0.72), consistent with recurring revenue strength.

Key risks

Returns Trail Peers Return profile is weak (score 0.37), pointing to limited capital efficiency.
Returns Lack Durability Return durability is weak (score 0.00), reducing confidence in moat durability.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Recurring Revenue Stickiness

Moderate

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Innovation Engine

Moderate

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Cash Scalability

Moderate

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Capital Efficiency

Developing

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Balance Sheet Resilience

Developing

Premium

Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.

For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 90% Coverage

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked

Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

63th percentile vs peers

Key Signals

Rev Growth YoY 14.8% 61p Revenue CAGR 3Y 22.5% 76p Def Rev Growth 17.4% 67p Buyback % 1.2% 54p EPS Growth YoY 6.7% 37p

Strengths

Gross Profit Margin in top 20% of peers (79.5%, 84th percentile)
Growth above peer median with strong metric coverage (88%)
Consistently strong margins across 3 metrics
Conservative leverage compared to industry peers

Risks

No significant risks identified for this axis.

Profitability

65th percentile vs peers

Key Signals

Strengths

Risks

Premium

Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

54th percentile vs peers

Key Signals

Strengths

Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Procore Technologies, Inc..

WACC X.X%

X%XX%

Rev CAGR 5Y X.X%

-XX%XX%

Op Margin XX.X%

-XX%XX%

Adjust the sliders above to explore different valuation scenarios.

Unlock Premium

Reveal the full Scenario Theatre

See live sliders, narratives, and full Bear/Base/Bull outcomes.

Upgrade Now

Bear

- - -

- upside

Base

$34.27

- - -

-39.0% vs current

Snapshot base estimate

Bull

- - -

- upside

Fair Value Range Current: $-

$- $- $-

Procore Technologies, Inc. PCOR

Overview of Procore Technologies, Inc.

Quick Facts

Next Events

Fair Value Snapshot

Flow Steps

Money Flow Bridge

Data Quality Notes

Quality & Reliability Indicators

Gross Margin

Locked Metric

Locked Metric

Locked Metric

Locked Metric

Locked Metric

Locked Metric

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Stock-Based Compensation Leak

Locked Leak

Locked Leak

Locked Leak

Key strengths

Key risks

Unlock full defense analysis

Pricing Power

Unlock full defense details

Recurring Revenue Stickiness

Unlock full defense details

Innovation Engine

Unlock full defense details

Cash Scalability

Unlock full defense details

Capital Efficiency

Unlock full defense details

Balance Sheet Resilience

Unlock full defense details

Growth

Profitability

Safety

Actions & Info

Send Feedback