For the quarter ending 2026-03-31, PCOR had -$87,980K decrease in cash & cash equivalents over the period. $73,830K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -9,096 | -37,604 | -9,101 | -21,089 |
| Stock-based compensation | 57,000 | 78,402 | 56,153 | 55,591 |
| Depreciation and amortization | 29,167 | 27,288 | 29,196 | 27,237 |
| Accretion of discounts on marketable debt securities, net | 997 | 1,719 | 1,868 | 1,870 |
| Abandonment of long-lived assets | -1,398 | -672 | -413 | -2,101 |
| Noncash operating lease expense | 1,675 | -10,150 | 1,382 | 1,374 |
| Unrealized foreign currency loss (gain), net | -2,333 | 340 | -628 | 1,014 |
| Deferred income taxes | -4,057 | -9,011 | 623 | -647 |
| Benefit from credit losses | -201 | 570 | -118 | -57 |
| (increase) decrease in fair value of strategic investments | 104 | 361 | -54 | 41 |
| Accounts receivable | -103,880 | 82,428 | 12,007 | 31,709 |
| Deferred contract cost assets | 1,325 | 20,198 | 11,592 | 13,606 |
| Prepaid expenses and other assets | 10,677 | -10,801 | 7,263 | 1,782 |
| Accounts payable | -6,884 | -3,982 | 8,782 | -1,903 |
| Accrued expenses and other liabilities | -51,204 | 34,212 | 18,536 | 21,512 |
| Deferred revenue | -33,633 | 115,412 | 12,996 | -1,741 |
| Operating lease liabilities | -519 | 1,700 | 1,658 | -1,528 |
| Net cash provided by operating activities | 76,756 | 114,942 | 88,472 | 30,828 |
| Originations of materials financing | - | 0 | - | - |
| Purchases of property and equipment | 2,926 | 5,700 | 5,392 | 2,975 |
| Customer repayments of materials financing | - | 0 | 0 | 0 |
| Capitalized software development costs | 17,788 | 17,763 | 15,343 | 17,226 |
| Purchases of strategic investments | 531 | 510 | 739 | 352 |
| Purchases of marketable securities | 0 | 73,652 | 59,207 | 84,008 |
| Maturities of marketable securities | 18,391 | 122,206 | 63,365 | 87,872 |
| Sales of marketable securities | 106,731 | 0 | 2,698 | - |
| Business combinations, net of cash acquired | 158,896 | 0 | 0 | 262 |
| Asset acquisition, net of cash acquired | 0 | 0 | 0 | 0 |
| Net cash used in investing activities | -55,019 | 24,581 | -14,618 | -16,951 |
| Proceeds from employee stock purchase plan | - | 11,928 | 0 | 14,404 |
| Proceeds from stock option exercises | 2,503 | 3,030 | 1,172 | 5,293 |
| Repurchases of common stock | 100,035 | 23 | 25,655 | 3,131 |
| Payment of tax withholding for net share settlement | 15,291 | 22,947 | 21,318 | 21,578 |
| Payment of deferred business combination consideration | - | 0 | 0 | - |
| Principal payments under finance lease agreements, net of proceeds from lease incentives | 424 | 420 | 416 | 412 |
| Payment of deferred asset acquisition consideration | 300 | 1,400 | 0 | - |
| Net increase in funds held for customers | 3,830 | 2,700 | 6,251 | - |
| Net cash used in financing activities | -109,717 | -7,132 | -39,966 | -5,424 |
| Net decrease in cash, cash equivalents, and restricted cash | -87,980 | 132,391 | 33,888 | 8,453 |
| Effect of exchange rate changes on cash | -2,872 | 495 | 1,160 | - |
| Cash, cash equivalents, and restricted cash, beginning of period | 490,246 | 357,360 | 437,722 | - |
| Cash, cash equivalents, and restricted cash, end of period | 399,394 | 490,246 | 357,360 | - |
PROCORE TECHNOLOGIES, INC. (PCOR)
PROCORE TECHNOLOGIES, INC. (PCOR)