procore technologies, inc. provides cloud-based construction software to clients across the globe. using its award-winning suite of project management tools, hundreds of thousands of registered procore users manage all types of construction projects including industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. every day, we speak to construction firms still heavily relying on paper-based documentation, email chains, and spreadsheets to manage their projects. our goal is to help construction professionals increase their project success by simplifying project management with powerful collaborative software. procore helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. this real time data and accessibility minimizes costly risks and delays—ultimately boosting profits.
Company profile
Ticker
PCOR
Exchange
Website
CEO
Tooey Courtemanche
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
Procore Insurance Services, Inc. • Procore Technologies Canada Inc. Canada • Procore Technologies GmbH • Procore Technologies Pty Ltd. Australia • Procore Technologies PTE. LTD. • Procore UK Ltd • Procore Technologies Mexico • Procore International, Inc. • Procore Technologies Construction Private Limited • LaborChart, Inc. ...
IRS number
731636261
PCOR stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
26 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Procore Announces Fourth Quarter and Full Year 2023 Financial Results
15 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Procore Announces Third Quarter 2023 Financial Results
1 Nov 23
8-K
Regulation FD Disclosure
20 Sep 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
8-K
Procore Announces Second Quarter 2023 Financial Results
2 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
9 Jun 23
UPLOAD
Letter from SEC
16 May 23
Transcripts
PCOR
Earnings call transcript
2023 Q4
15 Feb 24
PCOR
Earnings call transcript
2023 Q3
1 Nov 23
PCOR
Earnings call transcript
2023 Q2
2 Aug 23
PCOR
Earnings call transcript
2023 Q1
3 May 23
PCOR
Earnings call transcript
2022 Q4
16 Feb 23
PCOR
Earnings call transcript
2022 Q3
3 Nov 22
PCOR
Earnings call transcript
2022 Q2
6 Aug 22
PCOR
Earnings call transcript
2022 Q1
7 May 22
PCOR
Earnings call transcript
2021 Q4
23 Feb 22
PCOR
Earnings call transcript
2021 Q3
7 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
22 Apr 24
4
CONNOR KEVIN J O
4 Apr 24
4
William Fred Fleming Jr
2 Apr 24
4
Howard Fu
2 Apr 24
4
Steven Scott Davis
2 Apr 24
4
Benjamin C Singer
2 Apr 24
4
Joy Driscoll Durling
2 Apr 24
4
Craig F. Jr. Courtemanche
2 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 318.32 mm | 318.32 mm | 318.32 mm | 318.32 mm | 318.32 mm | 318.32 mm |
Cash burn (monthly) | (no burn) | (no burn) | 16.78 mm | 21.13 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 114.31 mm | 143.90 mm | n/a | n/a |
Cash remaining | n/a | n/a | 204.01 mm | 174.41 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 12.2 | 8.3 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 313 |
Opened positions | 67 |
Closed positions | 43 |
Increased positions | 120 |
Reduced positions | 79 |
13F shares | Current |
---|---|
Total value | 7.47 tn |
Total shares | 150.65 mm |
Total puts | 285.10 k |
Total calls | 621.70 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
ICONIQ Capital | 35.41 mm | $2.31 tn |
Iconiq Strategic Partners Ii | 24.17 mm | $0.00 |
T. Rowe Price | 10.61 mm | $692.98 bn |
Vanguard | 8.54 mm | $557.75 bn |
Bessemer Venture Partners VIII | 8.24 mm | $0.00 |
MS Morgan Stanley | 4.93 mm | $321.97 bn |
JPM JPMorgan Chase & Co. | 4.74 mm | $309.93 bn |
BLK Blackrock | 4.04 mm | $264.03 bn |
Deer Management | 3.91 mm | $255.21 bn |
Craig F. Jr. Courtemanche | 3.66 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Apr 24 | Connor Kevin J O | Common Stock | Sell | Dispose S | Yes | Yes | 79.2 | 6,410 | 507.67 k | 1,494,311 |
3 Apr 24 | Connor Kevin J O | Common Stock | Sell | Dispose S | Yes | Yes | 78.09 | 6,410 | 500.56 k | 1,500,721 |
2 Apr 24 | Connor Kevin J O | Common Stock | Sell | Dispose S | Yes | Yes | 77.69 | 2,946 | 228.87 k | 1,507,131 |
2 Apr 24 | Connor Kevin J O | Common Stock | Sell | Dispose S | Yes | Yes | 76.65 | 3,464 | 265.52 k | 1,510,077 |
29 Mar 24 | William Fred Fleming Jr | Common Stock | Grant | Acquire A | No | No | 0 | 15,662 | 0.00 | 90,183 |
29 Mar 24 | Howard Fu | Common Stock | Grant | Acquire A | No | No | 0 | 56,382 | 0.00 | 193,619 |
29 Mar 24 | Steven Scott Davis | Common Stock | Grant | Acquire A | No | No | 0 | 59,514 | 0.00 | 227,503 |
29 Mar 24 | Joy Driscoll Durling | Common Stock | Grant | Acquire A | No | No | 0 | 22,553 | 0.00 | 121,672 |
News
Assessing Procore Technologies: Insights From 13 Financial Analysts
14 Mar 24
DA Davidson Maintains Buy on Procore Technologies, Maintains $95 Price Target
14 Mar 24
JMP Securities Maintains Market Outperform on Procore Technologies, Raises Price Target to $93
16 Feb 24
Procore Technologies Analysts Increase Their Forecasts After Strong Results
16 Feb 24
Keybanc Maintains Overweight on Procore Technologies, Raises Price Target to $95
16 Feb 24