$PCOR
PROCORE TECHNOLOGIES, INC. Stock $pcor

$pcor Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000161105223000007 Filed on August 04, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$247.9M	$228.5M
YoY Change	32.98%	32.71%
Cost Of Revenue	$44.13M	$42.30M
YoY Change	16.8%	15.16%
Gross Profit	$203.8M	$186.2M
YoY Change	37.09%	37.47%
Gross Profit Margin	82.2%	81.49%
Selling, General & Admin	$181.4M	$168.1M
YoY Change	21.79%	16.77%
% of Gross Profit	89.03%	90.26%
Research & Development	$72.71M	$72.34M
YoY Change	1.7%	13.34%
% of Gross Profit	35.68%	38.84%
Depreciation & Amortization	$17.73M	$17.34M
YoY Change	11.49%	12.55%
% of Gross Profit	8.7%	9.31%
Operating Expenses	$254.1M	$244.2M
YoY Change	15.27%	17.54%
Operating Profit	-$50.35M	-$57.98M
YoY Change	-29.89%	-19.81%
Interest Expense	$490.0K	$4.452M
YoY Change	-2.78%	3910.81%
% of Operating Profit
Other Income/Expense, Net	-$486.0K	$1.718M
YoY Change	-30.37%	-293.03%
Pretax Income	-$43.65M	-$52.56M
YoY Change	-38.4%	-28.08%
Income Tax	$200.0K	$322.0K
% Of Pretax Income
Net Earnings	-$43.85M	-$52.88M
YoY Change	-38.42%	-27.68%
Net Earnings / Revenue	-17.69%	-23.14%
Basic Earnings Per Share	-$0.31	-$0.37
Diluted Earnings Per Share	-$0.31	-$0.37
COMMON SHARES
Basic Shares Outstanding	142.4M shares	140.5M shares
Diluted Shares Outstanding	142.8M shares	141.2M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$626.5M	$603.0M
YoY Change	12.27%	7.06%
Cash & Equivalents	$318.3M	$312.5M
Short-Term Investments	$308.2M	$290.4M
Other Short-Term Assets	$43.10M	$43.71M
YoY Change	-13.65%	-0.84%
Inventory
Prepaid Expenses
Receivables	$145.7M	$151.2M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$841.9M	$797.9M
YoY Change	14.49%	11.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$37.38M	$113.0M
YoY Change	-8.08%	175.44%
Goodwill	$539.1M	$539.4M
YoY Change	0.02%	-0.04%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$18.68M	$18.64M
YoY Change	-15.43%	-20.91%
Total Long-Term Assets	$941.1M	$928.0M
YoY Change	-0.09%	-1.91%
TOTAL ASSETS
Total Short-Term Assets	$841.9M	$797.9M
Total Long-Term Assets	$941.1M	$928.0M
Total Assets	$1.783B	$1.726B
YoY Change	6.3%	3.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$16.91M	$15.54M
YoY Change	3.9%	-26.88%
Accrued Expenses	$95.13M	$60.09M
YoY Change	14.51%	15.36%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$561.6M	$519.9M
YoY Change	22.37%	23.97%
LONG-TERM LIABILITIES
Long-Term Debt	$44.00M	$44.57M
YoY Change	-3.91%	-4.04%
Other Long-Term Liabilities	$6.571M	$45.06M
YoY Change	96.03%	1207.92%
Total Long-Term Liabilities	$6.571M	$89.63M
YoY Change	96.03%	2501.8%
TOTAL LIABILITIES
Total Short-Term Liabilities	$561.6M	$519.9M
Total Long-Term Liabilities	$6.571M	$89.63M
Total Liabilities	$659.3M	$609.5M
YoY Change	19.21%	18.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.109B	-$1.065B
YoY Change	26.35%	32.07%
Common Stock	$14.00K	$14.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.124B	$1.116B
YoY Change
Total Liabilities & Shareholders Equity	$1.783B	$1.726B
YoY Change	6.3%	3.85%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$43.85M	-$52.88M
YoY Change	-38.42%	-27.68%
Depreciation, Depletion And Amortization	$17.73M	$17.34M
YoY Change	11.49%	12.55%
Cash From Operating Activities	$33.67M	-$11.68M
YoY Change	411.16%	-56.68%
INVESTING ACTIVITIES
Capital Expenditures	$11.21M	$11.92M
YoY Change	-187.8%	-213.23%
Acquisitions
YoY Change
Other Investing Activities	-$19.72M	-$15.60M
YoY Change	-93.33%	323.16%
Cash From Investing Activities	-$30.94M	-$27.52M
YoY Change	-89.96%	93.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	3.630M	19.70M
YoY Change	-14.69%	6.73%
NET CHANGE
Cash From Operating Activities	33.67M	-11.68M
Cash From Investing Activities	-30.94M	-27.52M
Cash From Financing Activities	3.630M	19.70M
Net Change In Cash	6.360M	-19.50M
YoY Change	-102.14%	-14.14%
FREE CASH FLOW
Cash From Operating Activities	$33.67M	-$11.68M
Capital Expenditures	$11.21M	$11.92M
Free Cash Flow	$22.46M	-$23.60M
YoY Change	16.04%	43.65%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	142200781	shares
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	142200781	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	141238489	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	141238489	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	135232404	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	135232404	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1116780000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3651000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	47060000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	308000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-63447000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1104352000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	7304000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	44647000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	13006000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1116435000	usd
	us-gaap	Profit Loss ProfitLoss	-116328000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	87425000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	34210000	usd
	pcor	Accretion Amortization Of Discounts And Premiums Investments Non Cash AccretionAmortizationOfDiscountsAndPremiumsInvestmentsNonCash	3662000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-535000	usd
	pcor	Noncash Operating Lease Expense NoncashOperatingLeaseExpense	5232000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-557000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-23577000	usd
	pcor	Increase Decrease In Deferred Contract Cost Assets IncreaseDecreaseInDeferredContractCostAssets	3630000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1701000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1149000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-31110000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	19582000	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-5381000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17598000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4694000	usd
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	17351000	usd
	pcor	Payments To Acquire Strategic Investments PaymentsToAcquireStrategicInvestments	442000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	229282000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	222726000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	5452000	usd
	pcor	Proceeds To Acquire Originations Of Materials Financing ProceedsToAcquireOriginationsOfMaterialsFinancing	17007000	usd
	pcor	Proceeds To Acquire Customer Repayments Of Materials Financing ProceedsToAcquireCustomerRepaymentsOfMaterialsFinancing	12996000	usd
	pcor	Settlement Of Post Close Working Capital Adjustments From Business Combinations SettlementOfPostCloseWorkingCapitalAdjustmentsFromBusinessCombinations	0	usd
	pcor	Settlement Of Post Close Working Capital Adjustments From Business Combinations SettlementOfPostCloseWorkingCapitalAdjustmentsFromBusinessCombinations	1291000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-27602000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-30410000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	10939000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	14604000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	13006000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	11513000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	270000	usd
	pcor	Repayments Of Long Term Finance Lease Obligations Net Of Proceeds From Lease Incentives RepaymentsOfLongTermFinanceLeaseObligationsNetOfProceedsFromLeaseIncentives	930000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	23015000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	13011000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22078000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-309000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	299816000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	312518000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	563224000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	0	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	3104000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	312518000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	566328000	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Interest Paid Net InterestPaidNet	74000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	685000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	832000	usd
	pcor	Stock Based Compensation Capitalized For Cloud Computing Arrangement Costs StockBasedCompensationCapitalizedForCloudComputingArrangementCosts	155000	usd
	pcor	Stock Based Compensation Capitalized For Cloud Computing Arrangement Costs StockBasedCompensationCapitalizedForCloudComputingArrangementCosts	115000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	386000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	568000	usd
	pcor	Operating Cash Flows From Finance Leases OperatingCashFlowsFromFinanceLeases	987000	usd
	pcor	Operating Cash Flows From Finance Leases OperatingCashFlowsFromFinanceLeases	1017000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	6389000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	5595000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1016000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	935000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	698000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3024000	usd
	pcor	Increase Decrease In Accruals For Capitalized Software Development Costs IncreaseDecreaseInAccrualsForCapitalizedSoftwareDevelopmentCosts	749000	usd
	pcor	Increase Decrease In Accruals For Capitalized Software Development Costs IncreaseDecreaseInAccrualsForCapitalizedSoftwareDevelopmentCosts	1365000	usd
	pcor	Stock Based Compensation Capitalized For Software Development StockBasedCompensationCapitalizedForSoftwareDevelopment	4128000	usd
	pcor	Stock Based Compensation Capitalized For Software Development StockBasedCompensationCapitalizedForSoftwareDevelopment	3946000	usd
	pcor	Conversion Of Available For Sale Debt Securities Into Equity Securities ConversionOfAvailableForSaleDebtSecuritiesIntoEquitySecurities	0	usd
	pcor	Conversion Of Available For Sale Debt Securities Into Equity Securities ConversionOfAvailableForSaleDebtSecuritiesIntoEquitySecurities	3550000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3515000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	11237000	usd
	pcor	Noncash Net Change Due To Operating Lease Remeasurements NoncashNetChangeDueToOperatingLeaseRemeasurements	0	usd
	pcor	Noncash Net Change Due To Operating Lease Remeasurements NoncashNetChangeDueToOperatingLeaseRemeasurements	-1671000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:6pt;text-indent:24.48pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-bottom:12pt;text-indent:24.48pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Management periodically evaluates its estimates and assumptions for continued reasonableness, primarily with respect to revenue recognition, the period of benefit of contract cost assets, the fair value of assets acquired and liabilities assumed in a business combination, stock-based compensation expense, the recoverability of goodwill and long-lived assets, useful lives of long-lived assets, capitalization of software development costs, income taxes, including related reserves and allowances, provision for credit losses, and self-insurance reserve estimates. Appropriate adjustments, if any, to the estimates used are made prospectively based upon such periodic evaluation. Management bases its estimates on historical experience and on various other assumptions that management believes to be reasonable. Actual results could differ from the Company’s estimates.</span></div>
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023Q2	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded	0	usd
	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded	0	usd
CY2023Q2	us-gaap	Receivables From Customers ReceivablesFromCustomers	16700000	usd
CY2022Q4	us-gaap	Receivables From Customers ReceivablesFromCustomers	13600000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	3900000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	2100000	usd
CY2023Q2	us-gaap	Self Insurance Reserve SelfInsuranceReserve	2400000	usd
CY2022Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	1900000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	3100000	usd
CY2023Q2	pcor	Restricted Cash Released From Restriction RestrictedCashReleasedFromRestriction	3100000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	185100000	usd
CY2022Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	140700000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	286200000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	214300000	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	849500000	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	622600000	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.73
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	226900000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	291017000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	60527000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	22000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	594000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	290445000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	286001000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	14000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	522000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	285493000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	222700000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	5500000	usd
	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	0	usd
CY2022Q4	us-gaap	Investments Investments	11043000	usd
	pcor	Interest Accrued On Available For Sale Debt Securities InterestAccruedOnAvailableForSaleDebtSecurities	4000	usd
	pcor	Payments To Acquire Strategic Investments PaymentsToAcquireStrategicInvestments	442000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-6000	usd
CY2023Q2	us-gaap	Investments Investments	11483000	usd
CY2021Q4	us-gaap	Investments Investments	7332000	usd
	pcor	Interest Accrued On Available For Sale Debt Securities InterestAccruedOnAvailableForSaleDebtSecurities	101000	usd
	pcor	Payments To Acquire Strategic Investments PaymentsToAcquireStrategicInvestments	3018000	usd
	pcor	Conversion Of Securities ConversionOfSecurities	0	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	211000	usd
CY2022Q2	us-gaap	Investments Investments	10662000	usd
	pcor	Impairment Losses On Strategic Investments ImpairmentLossesOnStrategicInvestments	0	usd
	pcor	Impairment Losses On Strategic Investments ImpairmentLossesOnStrategicInvestments	0	usd
CY2023Q2	pcor	Operating Lease Right Of Use Assets Operating Lease Liabilities OperatingLeaseRightOfUseAssetsOperatingLeaseLiabilities	3500000	usd
CY2022Q2	pcor	Operating Lease Right Of Use Assets Operating Lease Liabilities OperatingLeaseRightOfUseAssetsOperatingLeaseLiabilities	11200000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	223652000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	79135000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	144517000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P4Y8M12D
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	223480000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	162953000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y1M6D
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9274000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9655000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	18608000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	19317000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	539400000	usd
CY2022Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2023Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2023Q2	pcor	Accrued Commissions And Bonuses Current AccruedCommissionsAndBonusesCurrent	16906000	usd
CY2022Q4	pcor	Accrued Commissions And Bonuses Current AccruedCommissionsAndBonusesCurrent	28357000	usd
CY2023Q2	pcor	Accrued Commissions AccruedCommissions	13486000	usd
CY2022Q4	pcor	Accrued Commissions AccruedCommissions	20389000	usd
CY2023Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	16759000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	34113000	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	12939000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	16323000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	60090000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	99182000	usd
CY2023Q2	pcor	Purchase Obligation Initial Agreement PurchaseObligationInitialAgreement	45000000	usd
CY2023Q2	us-gaap	Purchase Obligation PurchaseObligation	40100000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5723772	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.65
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	821360	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	13.34
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	5078	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	21.36
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4897334	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.53
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	4879584	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	12.48
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	100000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P0Y2M12D
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	42487000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	33895000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	87425000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	71104000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2161000	usd
CY2022Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1895000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	4283000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	4061000	usd
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	44648000	usd
CY2022Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	35790000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	91708000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	75165000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	300000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	400000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	400000	usd
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	15033813	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	15673629	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14617898	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	15120413	shares
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	228536000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	172205000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	442062000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	331721000	usd
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001611052-23-000007-index-headers.html	Edgar Link	pending
0001611052-23-000007-index.html	Edgar Link	pending
0001611052-23-000007.txt	Edgar Link	pending
0001611052-23-000007-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pcor-20230630.htm	Edgar Link	pending
pcor-20230630.xsd	Edgar Link	pending
pcor-q223x10xqxexx311.htm	Edgar Link	pending
pcor-q223x10xqxexx312.htm	Edgar Link	pending
pcor-q223x10xqxexx321.htm	Edgar Link	pending
pcor-q223x10xqxexx322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
pcor-20230630_cal.xml	Edgar Link	unprocessable
pcor-20230630_def.xml	Edgar Link	unprocessable
pcor-20230630_pre.xml	Edgar Link	unprocessable
pcor-20230630_lab.xml	Edgar Link	unprocessable
pcor-20230630_htm.xml	Edgar Link	completed
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PCOR
PROCORE TECHNOLOGIES, INC. Stock $pcor

2023 Q3 Form 10-Q Financial Statement

#000161105223000007 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PCOR PROCORE TECHNOLOGIES, INC. Stock $pcor

2023 Q3 Form 10-Q Financial Statement

#000161105223000007 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PCOR
PROCORE TECHNOLOGIES, INC. Stock $pcor