Filing Flows › Procore Technologies (PCOR) › Q2 2026 › vs Q1 2026
Procore Technologies (PCOR) Q2 2026 vs Q1 2026 (quarter over quarter)
Procore Technologies's revenue rose $15.9M (+4%) from $359M in Q1 2026 to $375M in Q2 2026. Gross margin 79.9% against 80.1% (-0.2 pts).
Procore Technologies, Q2 2026: revenue $375M (+16% year over year), operating margin 1.2%, net earnings $16.9M, operating cash flow $87.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 79.9% | 80.1% | -0.2 pts |
| Operating margin | 1.2% | -4.4% | +5.5 pts |
| Net margin | 4.5% | -2.5% | +7.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $375M | $359M | $15.9M | +4% |
| Gross profit | $300M | $288M | $12.0M | +4% |
| Cost of revenue | $75.4M | $71.5M | $3.9M | +5% |
| Other income, net | $10.8M | $4.7M | $6.1M | +131% |
| Operating profit | $4.3M | −$15.7M | $20.0M | — |
| Operating expenses | $295M | $303M | −$8.0M | -3% |
| Pre-tax earnings | $15.2M | −$11.0M | $26.1M | — |
| Research & development | $93.3M | $85.6M | $7.8M | +9% |
| Sales & marketing | $146M | $149M | −$3.4M | -2% |
| General & admin | $56.3M | $68.7M | −$12.4M | -18% |
| Income tax benefit | $1.8M | $1.9M | −$121K | -6% |
| Net earnings | $16.9M | −$9.1M | $26.0M | — |
| Depreciation & amortization | $30.8M | $29.2M | $1.6M | +6% |
| Share-based compensation | $56.8M | $57.0M | −$244K | -0.4% |
| Working capital & other | $16.6M | $315K | $16.3M | 53× |
| Operating cash flow | $87.9M | $76.8M | $11.1M | +14% |
Questions
How much did Procore Technologies's revenue grow quarter over quarter in Q2 2026?
Procore Technologies's revenue rose $15.9M (+4%) from $359M in Q1 2026 to $375M in Q2 2026. Gross margin 79.9% against 80.1% (-0.2 pts).