For the quarter ending 2025-09-30, PCOR had $33,888K increase in cash & cash equivalents over the period. $83,080K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net loss | -9,101 | -21,089 | -32,989 | -62,291 |
| Stock-based compensation | 56,153 | 55,591 | 48,279 | 49,348 |
| Depreciation and amortization | 29,196 | 27,237 | 26,855 | 24,626 |
| Accretion of discounts on marketable debt securities, net | 1,868 | 1,870 | 2,425 | 2,699 |
| Abandonment of long-lived assets | -413 | -2,101 | -354 | -610 |
| Noncash operating lease expense | 1,382 | 1,374 | 1,555 | -19,008 |
| Unrealized foreign currency (gain) loss, net | -628 | 1,014 | 1,136 | -2,009 |
| Deferred income taxes | 623 | -647 | 2,215 | -885 |
| (benefit from) provision for credit losses | -118 | -57 | -909 | -57 |
| Decrease (increase) in fair value of strategic investments | -54 | 41 | -224 | -3 |
| Accounts receivable | 12,007 | 31,709 | -86,327 | 73,797 |
| Deferred contract cost assets | 11,592 | 13,606 | 6,569 | 5,776 |
| Prepaid expenses and other assets | 7,263 | 1,782 | 7,454 | -8,803 |
| Accounts payable | 8,782 | -1,903 | -11,070 | 8,700 |
| Accrued expenses and other liabilities | 18,536 | 21,512 | -9,880 | -7,026 |
| Deferred revenue | 12,996 | -1,741 | -26,568 | 85,359 |
| Operating lease liabilities | 1,658 | -1,528 | -781 | -1,067 |
| Net cash provided by operating activities | 88,472 | 30,828 | 66,028 | 29,056 |
| Purchases of property and equipment | 5,392 | 2,975 | 4,033 | 11,633 |
| Capitalized software development costs | 15,343 | 17,226 | 15,331 | 17,076 |
| Purchases of strategic investments, net | 739 | 352 | 550 | 450 |
| Purchases of marketable securities | 59,207 | 84,008 | 134,598 | 80,856 |
| Settlement of post-close working capital adjustments from business combinations | - | - | - | 0 |
| Maturities of marketable securities | 63,365 | 87,872 | 135,787 | 68,819 |
| Originations of materials financing | - | - | - | 0 |
| Sales of marketable securities | 2,698 | - | - | 0 |
| Customer repayments of materials financing | 0 | 0 | 0 | 34 |
| Business combinations, net of cash acquired | 0 | 262 | 41,253 | 0 |
| Asset acquisitions, net of cash acquired | 0 | 0 | 3,533 | 3,792 |
| Net cash used in investing activities | -14,618 | -16,951 | -63,511 | -41,162 |
| Proceeds from stock option exercises | 1,172 | 5,293 | 2,314 | 3,366 |
| Proceeds from employee stock purchase plan | 0 | 14,404 | - | 10,882 |
| Repurchases of common stock | 25,655 | 3,131 | 100,029 | - |
| Payments of deferred offering costs | - | - | - | 0 |
| Payment of tax withholding for net share settlement | 21,318 | 21,578 | 28,277 | - |
| Payment of deferred business combination consideration | 0 | - | - | 1,470 |
| Payment of deferred asset acquisition consideration | 0 | - | - | 0 |
| Principal payments under finance lease agreements, net of proceeds from lease incentives | 416 | 412 | 388 | 450 |
| Net increase in funds held for customers | 6,251 | - | - | - |
| Net cash (used in) provided by financing activities | -39,966 | -5,424 | -126,380 | 13,798 |
| Net (decrease) increase in cash and cash equivalents | 33,888 | 8,453 | -123,863 | 1,692 |
| Effect of exchange rate changes on cash | 1,160 | - | - | - |
| Cash and cash equivalents at beginning of period | 437,722 | - | - | - |
| Cash and cash equivalents at end of period | 357,360 | - | - | - |
PROCORE TECHNOLOGIES, INC. (PCOR)
PROCORE TECHNOLOGIES, INC. (PCOR)