Procore Historical Income Statement
| PCOR Stock | USD 81.45 1.19 1.48% |
Historical analysis of Procore Technologies income statement accounts such as Selling General Administrative of 111.6 M, Selling And Marketing Expenses of 279.9 M, Total Revenue of 498.6 M or Gross Profit of 403 M can show how well Procore Technologies performed in making a profits. Evaluating Procore Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Procore Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Procore Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Procore Technologies is a good buy for the upcoming year.
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About Procore Income Statement Analysis
Procore Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Procore Technologies shareholders. The income statement also shows Procore investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Procore Technologies Income Statement Chart
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Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Procore Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Procore Technologies minus its cost of goods sold. It is profit before Procore Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Procore Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Procore Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procore Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.At this time, Procore Technologies' Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Net Interest Income is likely to grow to about 18.7 M, while Interest Expense is likely to drop slightly above 1.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 2.1M | 2.0M | 1.7M | Depreciation And Amortization | 43.9M | 73.2M | 67.0M | 38.6M |
Procore Technologies income statement Correlations
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Procore Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Procore Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 71K | (993K) | (23.8M) | 466K | 330K | 346.5K | |
| Net Interest Income | (930K) | (2.1M) | (2.2M) | 5.7M | 17.8M | 18.7M | |
| Depreciation And Amortization | 15.4M | 32.6M | 43.9M | 73.2M | 67.0M | 38.6M | |
| Interest Expense | 930K | 2.1M | 2.2M | 2.1M | 2.0M | 1.7M | |
| Selling General Administrative | 58.2M | 73.5M | 156.6M | 166.3M | 195.7M | 111.6M | |
| Selling And Marketing Expenses | 173.5M | 189.0M | 308.5M | 425.0M | 494.9M | 279.9M | |
| Total Revenue | 289.2M | 400.3M | 514.8M | 720.2M | 950.0M | 498.6M | |
| Gross Profit | 236.0M | 328.6M | 416.5M | 571.8M | 775.5M | 403.0M | |
| Other Operating Expenses | 371.8M | 458.8M | 800.7M | 1.0B | 1.2B | 662.6M | |
| Operating Income | (82.6M) | (58.5M) | (285.9M) | (290.5M) | (215.7M) | (226.5M) | |
| Net Income From Continuing Ops | (83.1M) | (96.2M) | (265.2M) | (286.9M) | (231.4M) | (242.9M) | |
| Ebit | (82.6M) | (95.1M) | (294.2M) | (294.5M) | (181.8M) | (190.9M) | |
| Research Development | 87.0M | 124.7M | 237.3M | 271.0M | 300.6M | 175.4M | |
| Ebitda | (67.2M) | (62.5M) | (250.2M) | (221.3M) | (114.8M) | (120.6M) | |
| Cost Of Revenue | 53.2M | 71.7M | 98.3M | 148.4M | 174.5M | 95.7M | |
| Total Operating Expenses | 318.7M | 387.2M | 702.4M | 862.2M | 991.2M | 566.9M | |
| Reconciled Depreciation | 14.9M | 26.0M | 36.4M | 63.0M | 68.5M | 35.0M | |
| Income Before Tax | (83.0M) | (97.2M) | (288.9M) | (286.5M) | (188.4M) | (197.8M) | |
| Total Other Income Expense Net | (412K) | (38.6M) | (3.0M) | 4.0M | 27.3M | 28.6M | |
| Net Income Applicable To Common Shares | (83.1M) | (99.2M) | (265.2M) | (286.9M) | (258.2M) | (245.3M) | |
| Net Income | (83.1M) | (96.2M) | (265.2M) | (286.9M) | (189.7M) | (199.2M) | |
| Income Tax Expense | 71K | (993K) | (23.8M) | 466K | 1.3M | 1.3M |
Pair Trading with Procore Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Procore Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Procore Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Procore Stock
| 0.87 | DJCO | Daily Journal Corp | PairCorr |
| 0.9 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
| 0.88 | BL | Blackline | PairCorr |
| 0.61 | DT | Dynatrace Holdings LLC | PairCorr |
Moving against Procore Stock
| 0.55 | VTEX | VTEX | PairCorr |
| 0.54 | VERB | VERB TECHNOLOGY PANY Tech Boost | PairCorr |
| 0.35 | DMAN | Innovativ Media Group | PairCorr |
The ability to find closely correlated positions to Procore Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procore Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Procore Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Procore Technologies to buy it.
The correlation of Procore Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Procore Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procore Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Procore Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.