$PCOR
PROCORE TECHNOLOGIES, INC.

2023 Q4 Form 10-Q Financial Statement

#000161105223000014 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $260.0M $247.9M
YoY Change 28.7% 32.98%
Cost Of Revenue $47.83M $44.13M
YoY Change 17.9% 16.8%
Gross Profit $212.2M $203.8M
YoY Change 31.41% 37.09%
Gross Profit Margin 81.61% 82.2%
Selling, General & Admin $171.3M $181.4M
YoY Change 8.78% 21.79%
% of Gross Profit 80.74% 89.03%
Research & Development $73.46M $72.71M
YoY Change 0.8% 1.7%
% of Gross Profit 34.62% 35.68%
Depreciation & Amortization $19.69M $17.73M
YoY Change 18.73% 11.49%
% of Gross Profit 9.28% 8.7%
Operating Expenses $248.6M $254.1M
YoY Change 6.07% 15.27%
Operating Profit -$36.36M -$50.35M
YoY Change -50.1% -29.89%
Interest Expense $4.687M $490.0K
YoY Change 4.93% -2.78%
% of Operating Profit
Other Income/Expense, Net $3.828M -$486.0K
YoY Change -653.18% -30.37%
Pretax Income -$28.82M -$43.65M
YoY Change -59.65% -38.4%
Income Tax $700.0K $200.0K
% Of Pretax Income
Net Earnings -$29.52M -$43.85M
YoY Change -58.53% -38.42%
Net Earnings / Revenue -11.35% -17.69%
Basic Earnings Per Share -$0.31
Diluted Earnings Per Share -$0.20 -$0.31
COMMON SHARES
Basic Shares Outstanding 143.5M shares 142.4M shares
Diluted Shares Outstanding 142.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $678.0M $626.5M
YoY Change 16.45% 12.27%
Cash & Equivalents $357.8M $318.3M
Short-Term Investments $320.2M $308.2M
Other Short-Term Assets $42.42M $43.10M
YoY Change -5.16% -13.65%
Inventory
Prepaid Expenses
Receivables $206.6M $145.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $955.7M $841.9M
YoY Change 19.58% 14.49%
LONG-TERM ASSETS
Property, Plant & Equipment $36.26M $37.38M
YoY Change -7.49% -8.08%
Goodwill $539.4M $539.1M
YoY Change 0.04% 0.02%
Intangibles $137.5M
YoY Change -15.59%
Long-Term Investments
YoY Change
Other Assets $18.55M $18.68M
YoY Change -15.3% -15.43%
Total Long-Term Assets $937.8M $941.1M
YoY Change -0.36% -0.09%
TOTAL ASSETS
Total Short-Term Assets $955.7M $841.9M
Total Long-Term Assets $937.8M $941.1M
Total Assets $1.894B $1.783B
YoY Change 8.8% 6.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.18M $16.91M
YoY Change -7.74% 3.9%
Accrued Expenses $100.1M $95.13M
YoY Change 0.9% 14.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $642.4M $561.6M
YoY Change 20.84% 22.37%
LONG-TERM LIABILITIES
Long-Term Debt $43.58M $44.00M
YoY Change -4.38% -3.91%
Other Long-Term Liabilities $6.332M $6.571M
YoY Change 107.67% 96.03%
Total Long-Term Liabilities $6.332M $6.571M
YoY Change 107.67% 96.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $642.4M $561.6M
Total Long-Term Liabilities $6.332M $6.571M
Total Liabilities $738.0M $659.3M
YoY Change 18.33% 19.21%
SHAREHOLDERS EQUITY
Retained Earnings -$1.139B -$1.109B
YoY Change 19.99% 26.35%
Common Stock $15.00K $14.00K
YoY Change 7.14% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.156B $1.124B
YoY Change
Total Liabilities & Shareholders Equity $1.894B $1.783B
YoY Change 8.8% 6.3%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$29.52M -$43.85M
YoY Change -58.53% -38.42%
Depreciation, Depletion And Amortization $19.69M $17.73M
YoY Change 18.73% 11.49%
Cash From Operating Activities $40.75M $33.67M
YoY Change 79.56% 411.16%
INVESTING ACTIVITIES
Capital Expenditures $11.75M $11.21M
YoY Change 7.04% -187.8%
Acquisitions
YoY Change
Other Investing Activities -$5.771M -$19.72M
YoY Change -163.09% -93.33%
Cash From Investing Activities -$17.52M -$30.94M
YoY Change 857.43% -89.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.52M 3.630M
YoY Change 54.51% -14.69%
NET CHANGE
Cash From Operating Activities 40.75M 33.67M
Cash From Investing Activities -17.52M -30.94M
Cash From Financing Activities 14.52M 3.630M
Net Change In Cash 37.74M 6.360M
YoY Change 24.73% -102.14%
FREE CASH FLOW
Cash From Operating Activities $40.75M $33.67M
Capital Expenditures $11.75M $11.21M
Free Cash Flow $29.00M $22.46M
YoY Change 147.5% 16.04%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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us-gaap Research And Development Expense
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us-gaap Research And Development Expense
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CY2023Q3 us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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CY2023Q3 us-gaap Operating Expenses
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us-gaap Operating Expenses
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CY2023Q3 pcor Interest Income
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q3 us-gaap Income Tax Expense Benefit
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CY2022Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Earnings Per Share Diluted
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CY2022Q3 us-gaap Earnings Per Share Diluted
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023Q3 us-gaap Preferred Stock Shares Issued
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Cost Of Revenue
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us-gaap Gross Profit
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us-gaap Gross Profit
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us-gaap Interest Expense
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us-gaap Earnings Per Share Diluted
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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pcor Settlement Of Post Close Working Capital Adjustments From Business Combinations
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pcor Settlement Of Post Close Working Capital Adjustments From Business Combinations
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Stock Issuance Costs
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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us-gaap Income Taxes Paid Net
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us-gaap Income Taxes Paid Net
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pcor Stock Based Compensation Capitalized For Cloud Computing Arrangement Costs
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pcor Stock Based Compensation Capitalized For Cloud Computing Arrangement Costs
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us-gaap Operating Lease Lease Income
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us-gaap Operating Lease Lease Income
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pcor Operating Cash Flows From Finance Leases
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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pcor Stock Based Compensation Capitalized For Software Development
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pcor Stock Based Compensation Capitalized For Software Development
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pcor Asset Acquisition Costs Incurred But Not Yet Paid
AssetAcquisitionCostsIncurredButNotYetPaid
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pcor Asset Acquisition Costs Incurred But Not Yet Paid
AssetAcquisitionCostsIncurredButNotYetPaid
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pcor Conversion Of Available For Sale Debt Securities Into Equity Securities
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pcor Conversion Of Available For Sale Debt Securities Into Equity Securities
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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pcor Noncash Net Change Due To Operating Lease Remeasurements
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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 or asset acquisition, 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
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us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
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CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4400000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2100000 usd
CY2023Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
2300000 usd
CY2022Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
1900000 usd
CY2022Q4 us-gaap Restricted Cash
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3100000 usd
CY2023Q2 pcor Restricted Cash Released From Restriction
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CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
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271900000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
890400000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
635000000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.71
CY2023Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
255400000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
308593000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
18000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
449000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
308162000 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
287600000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
5500000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 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
5000 usd
pcor Payments To Acquire Strategic Investments
PaymentsToAcquireStrategicInvestments
526000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-155000 usd
CY2023Q3 us-gaap Investments
Investments
11419000 usd
CY2021Q4 us-gaap Investments
Investments
7332000 usd
pcor Interest Accrued On Available For Sale Debt Securities
InterestAccruedOnAvailableForSaleDebtSecurities
103000 usd
pcor Payments To Acquire Strategic Investments
PaymentsToAcquireStrategicInvestments
3653000 usd
pcor Conversion Of Securities
ConversionOfSecurities
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
166000 usd
CY2022Q3 us-gaap Investments
Investments
11254000 usd
pcor Impairment Losses On Strategic Investments
ImpairmentLossesOnStrategicInvestments
0 usd
pcor Impairment Losses On Strategic Investments
ImpairmentLossesOnStrategicInvestments
0 usd
CY2023Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
594583000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
316048000 usd
CY2023Q3 pcor Operating Lease Right Of Use Assets Operating Lease Liabilities
OperatingLeaseRightOfUseAssetsOperatingLeaseLiabilities
13600000 usd
CY2022Q3 pcor Operating Lease Right Of Use Assets Operating Lease Liabilities
OperatingLeaseRightOfUseAssetsOperatingLeaseLiabilities
11500000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
232652000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
88425000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
144227000 usd
CY2023Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P4Y6M
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
223480000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
60527000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
162953000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P5Y1M6D
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9290000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
539100000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q3 pcor Accrued Commissions And Bonuses Current
AccruedCommissionsAndBonusesCurrent
24184000 usd
CY2022Q4 pcor Accrued Commissions And Bonuses Current
AccruedCommissionsAndBonusesCurrent
28357000 usd
CY2023Q3 pcor Accrued Commissions
AccruedCommissions
13112000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42105000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15729000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
95130000 usd
CY2023Q3 pcor Purchase Obligation Initial Agreement
PurchaseObligationInitialAgreement
45000000 usd
CY2023Q3 us-gaap Purchase Obligation
PurchaseObligation
34200000 usd
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
1132787 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.26
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
5336 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
21.79
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4585649 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.49
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4584991 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
12.49
CY2023Q3 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
P0Y1M6D
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44809000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44777000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
132234000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
115881000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2706000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2382000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6989000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6443000 usd
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
47515000 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
47159000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
139223000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
122324000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
600000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13854214 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15750939 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14360689 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15368414 shares
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
247907000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186429000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
689969000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518150000 usd
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
pcor-20230930_cal.xml Edgar Link unprocessable
pcor-20230930_def.xml Edgar Link unprocessable
0001611052-23-000014-index-headers.html Edgar Link pending
0001611052-23-000014-index.html Edgar Link pending
0001611052-23-000014.txt Edgar Link pending
0001611052-23-000014-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pcor-20230930.htm Edgar Link pending
pcor-20230930.xsd Edgar Link pending
pcor-q323x10xqxexx311.htm Edgar Link pending
pcor-q323x10xqxexx312.htm Edgar Link pending
pcor-q323x10xqxexx321.htm Edgar Link pending
pcor-q323x10xqxexx322.htm Edgar Link pending
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pcor-20230930_lab.xml Edgar Link unprocessable
pcor-20230930_pre.xml Edgar Link unprocessable
pcor-20230930_htm.xml Edgar Link completed
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report.css Edgar Link pending
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