Procore Technologies (PCOR)
Market Price (3/30/2026): $54.29 | Market Cap: $8.2 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Procore Technologies (PCOR)
Market Price (3/30/2026): $54.29Market Cap: $8.2 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% | Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -72% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -124 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.4% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% | |
| Low stock price volatilityVol 12M is 47% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.0% | |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Smart Buildings & Proptech. Themes include Software as a Service, Real Estate Data Analytics, Show more. | Key risksPCOR key risks include [1] intense competition from larger, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% |
| Low stock price volatilityVol 12M is 47% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Smart Buildings & Proptech. Themes include Software as a Service, Real Estate Data Analytics, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -72% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -124 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.4% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.0% |
| Key risksPCOR key risks include [1] intense competition from larger, Show more. |
Qualitative Assessment
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Procore Technologies (PCOR) stock has lost about 25% since 11/30/2025 because of the following key factors:
1. Decelerating Revenue Growth Guidance for 2026.
Procore Technologies provided guidance for the first quarter and full year 2026 predicting revenue growth in the range of 13% to 14% year-over-year. This guidance indicates a deceleration compared to the 15% to 16% year-over-year revenue growth achieved in the full year and fourth quarter of 2025, respectively. This "muted growth outlook" was cited by analysts, such as Canaccord, as a reason for reducing price targets.
2. Persistent Unprofitability Despite Revenue Beats.
While Procore beat analyst consensus for both EPS ($0.37 vs. $0.35) and revenue ($349 million vs. $340.80 million) in Q4 2025, the company continues to report a negative GAAP operating margin of (12%) and a GAAP net loss of -$37.6 million for the quarter. The company still maintains a negative net margin and negative return on equity, raising ongoing concerns about its path to consistent profitability.
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1. Decelerating Revenue Growth Guidance for 2026.
Procore Technologies provided guidance for the first quarter and full year 2026 predicting revenue growth in the range of 13% to 14% year-over-year. This guidance indicates a deceleration compared to the 15% to 16% year-over-year revenue growth achieved in the full year and fourth quarter of 2025, respectively. This "muted growth outlook" was cited by analysts, such as Canaccord, as a reason for reducing price targets.
2. Persistent Unprofitability Despite Revenue Beats.
While Procore beat analyst consensus for both EPS ($0.37 vs. $0.35) and revenue ($349 million vs. $340.80 million) in Q4 2025, the company continues to report a negative GAAP operating margin of (12%) and a GAAP net loss of -$37.6 million for the quarter. The company still maintains a negative net margin and negative return on equity, raising ongoing concerns about its path to consistent profitability.
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Stock Movement Drivers
Fundamental Drivers
The -26.7% change in PCOR stock from 11/30/2025 to 3/29/2026 was primarily driven by a -29.0% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 74.06 | 54.27 | -26.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,275 | 1,323 | 3.7% |
| P/S Multiple | 8.7 | 6.2 | -29.0% |
| Shares Outstanding (Mil) | 150 | 151 | -0.5% |
| Cumulative Contribution | -26.7% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PCOR | -26.7% | |
| Market (SPY) | -5.3% | 20.7% |
| Sector (XLK) | -9.1% | 23.2% |
Fundamental Drivers
The -21.9% change in PCOR stock from 8/31/2025 to 3/29/2026 was primarily driven by a -26.6% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 69.51 | 54.27 | -21.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,232 | 1,323 | 7.3% |
| P/S Multiple | 8.4 | 6.2 | -26.6% |
| Shares Outstanding (Mil) | 150 | 151 | -0.9% |
| Cumulative Contribution | -21.9% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PCOR | -21.9% | |
| Market (SPY) | 0.6% | 28.6% |
| Sector (XLK) | -0.7% | 25.8% |
Fundamental Drivers
The -29.0% change in PCOR stock from 2/28/2025 to 3/29/2026 was primarily driven by a -37.4% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 76.47 | 54.27 | -29.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,152 | 1,323 | 14.8% |
| P/S Multiple | 9.9 | 6.2 | -37.4% |
| Shares Outstanding (Mil) | 149 | 151 | -1.2% |
| Cumulative Contribution | -29.0% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PCOR | -29.0% | |
| Market (SPY) | 9.8% | 58.6% |
| Sector (XLK) | 15.9% | 56.4% |
Fundamental Drivers
The -19.0% change in PCOR stock from 2/28/2023 to 3/29/2026 was primarily driven by a -55.2% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 66.99 | 54.27 | -19.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 664 | 1,323 | 99.1% |
| P/S Multiple | 13.8 | 6.2 | -55.2% |
| Shares Outstanding (Mil) | 137 | 151 | -9.2% |
| Cumulative Contribution | -19.0% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| PCOR | -19.0% | |
| Market (SPY) | 69.4% | 52.6% |
| Sector (XLK) | 94.5% | 49.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PCOR Return | -9% | -41% | 47% | 8% | -3% | -21% | -35% |
| Peers Return | 19% | -23% | 27% | 20% | -0% | -18% | 14% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| PCOR Win Rate | 38% | 33% | 50% | 58% | 58% | 33% | |
| Peers Win Rate | 58% | 33% | 63% | 58% | 47% | 13% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| PCOR Max Drawdown | -14% | -49% | -8% | -25% | -25% | -34% | |
| Peers Max Drawdown | -8% | -37% | -6% | -10% | -20% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADSK, TRMB, BSY, ORCL, ROP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | PCOR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -61.7% | -25.4% |
| % Gain to Breakeven | 161.1% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to ADSK, TRMB, BSY, ORCL, ROP
In The Past
Procore Technologies's stock fell -61.7% during the 2022 Inflation Shock from a high on 8/2/2021. A -61.7% loss requires a 161.1% gain to breakeven.
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About Procore Technologies (PCOR)
Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Management, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office. The company also provides Resource Management that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. The company primarily sells subscriptions to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.
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- Preconstruction: Facilitates collaboration between stakeholders during the planning, budgeting, estimating, bidding, and partner selection phases of a construction project.
- Project Management: Enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for project teams.
- Resource Management: Helps contractors to schedule, track, and forecast labor productivity, enhance time management, and manage profitability on construction projects.
- Financial Management: Provides customers with visibility into the financial health of individual construction projects and portfolios, linking the field and the office in real-time.
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Procore Technologies (PCOR) primarily sells its cloud-based construction management platform to other companies within the construction industry. While the provided background does not list specific customer company names, it identifies the following types of organizations as its major customers:
- Owners (of construction projects)
- General Contractors
- Specialty Contractors
- Architects
- Engineers
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Amazon.com, Inc. (AMZN)
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Ajei Gopal, President and Chief Executive Officer
Ajei Gopal has served as President and Chief Executive Officer of Procore since November 2025, bringing over 35 years of experience leading global technology companies. Prior to joining Procore, he was the President and CEO of Ansys from 2017 to 2025, where he significantly improved operating performance, quadrupled market value, and led the company through its $35 billion acquisition by Synopsys in July 2025. He also served as an operating partner at Silver Lake and held senior roles at Hewlett Packard Enterprise Company, CA Technologies, and Symantec. Gopal cofounded ReefEdge Networks in 2000, serving as its CEO, and began his career at Bell Communications Research and IBM. He holds a Ph.D. in Computer Science from Cornell University and a B. Tech. in Mechanical Engineering from the Indian Institute of Technology Bombay.
Rachel Pyles, Chief Financial Officer
Rachel Pyles is the Chief Financial Officer Designate, set to officially assume the CFO role on April 1, 2026. She brings over 20 years of finance leadership experience, with her most recent role as CFO at Ansys, Inc. Pyles is recognized for her proven record in driving revenue growth and operational discipline. Her background also includes senior finance leadership positions at FIS, Worldpay, and Vantiv, where she gained expertise in corporate finance, finance transformation, and financial planning and analysis.
Craig "Tooey" Courtemanche, Jr., Founder and Chairman of the Board
Tooey Courtemanche founded Procore in 2002 and served as its CEO and President from January 2002 to November 2025. He is currently the Chairman of the Board. Courtemanche's inspiration for Procore came from his experiences as a carpenter, real estate developer, and founder of other software companies in Silicon Valley. He bootstrapped Procore in its early years, leading the company to become a global provider of construction management software, connecting over 2 million users across more than 150 countries. Under his leadership, Procore went public in May 2021.
Paul Lyandres, Chief Business Officer
Paul Lyandres currently serves as the President of Fintech at Procore Technologies, having previously held the position of Chief Financial Officer and Treasurer from July 2019 to May 2023. He joined Procore in 2014, contributing to the company's growth in various roles related to business operations, development, strategy, and corporate development. Before Procore, Lyandres worked as an Associate at Summit Partners, focusing on market trends and industry sectors. He also has experience with Pentaho Corporation and the Low Income Investment Fund (LIIF), and co-founded a non-profit mentorship program for foster youth. Lyandres holds a B.S. in Economics from the Wharton School at the University of Pennsylvania.
Steve Davis, President, Product and Technology
Steve Davis serves as the President, Product and Technology at Procore Technologies.
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Key Risks to Procore Technologies (PCOR)
- Sensitivity to the Cyclical Nature of the Construction Industry: Procore's revenue and growth are highly dependent on the overall health and activity levels within the construction industry. Economic downturns, fluctuations in interest rates, supply chain disruptions, or other factors that lead to a decrease in construction projects and spending could directly reduce demand for Procore's platform, impacting customer acquisition, retention, and ultimately, financial performance.
- Intense Competition and Market Adoption Challenges: The market for construction management software is competitive and continuously evolving, with existing players and new entrants offering alternative or specialized solutions. Procore faces the ongoing challenge of differentiating its platform, securing new customers, and retaining existing ones amidst this competition. Additionally, while the construction industry is increasingly adopting technology, there may be resistance to change or slower-than-anticipated adoption rates among certain segments, particularly smaller contractors, which could limit Procore's growth potential.
- Data Security and Privacy Risks: As a cloud-based platform that stores and processes large volumes of sensitive project data, financial information, and proprietary designs for its customers, Procore is exposed to significant data security and privacy risks. A successful cyberattack, data breach, or system outage could lead to loss of customer data, reputational damage, legal liabilities, regulatory fines, and a loss of customer trust, severely impacting its business and financial condition.
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Procore Technologies, Inc. (PCOR) operates within a large and growing construction market. In 2020, Procore estimated its addressable market at $9–10 billion, based on its existing products and a presence in the United States, Canada, Mexico, the UK, Ireland, Australia, and New Zealand. The company's mission is to connect everyone in construction on a global platform, and it offers products spanning preconstruction, project management, resource management, and financial management for owners, general contractors, and specialty contractors. The broader construction market presents a significant opportunity for Procore. Annual construction volume in the U.S. alone exceeds $2 trillion. Globally, Procore aims to capitalize on a yearly construction volume of $9 trillion, with the global construction sector projected to reach $15 trillion by 2030. The construction software market in North America was valued at $1.30 billion in 2024. Procore has indicated that the Total Addressable Market (TAM) outside the U.S. is substantially larger than its domestic market. Despite these large market figures, Procore has penetrated only about 12% of U.S. construction volume and 2% of international volume, indicating significant room for growth.AI Analysis | Feedback
Procore Technologies (PCOR) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- International Expansion: Procore is actively expanding its presence in international markets to increase its global footprint. The company's international revenue has shown strong growth, with a 32% year-over-year increase in Q1 2024 (33% on a constant currency basis) and a 49% year-over-year increase in Q4 2025, driven by markets like Canada, the UK, and Australia. Procore aims to adapt its offerings to meet the diverse needs of global construction markets, supported by strategic partnerships and localized product enhancements.
- Technological Advancement and Product Innovation, particularly in AI: Procore consistently invests in research and development to enhance its construction management software and expand its capabilities. A significant focus is on integrating cutting-edge technologies, such as Artificial Intelligence (AI). Procore introduced Procore AI at Groundbreak 2024, featuring AI-powered Agents, Insights, and Copilot, with broader availability expected in 2025. These AI solutions aim to automate tasks, improve decision-making, and enhance overall efficiency for construction projects. The company views AI as a meaningful catalyst for the industry and expects to evolve its AI monetization strategy through new product bundles and consumption-based components.
- Expansion within Existing Customers and Targeting Larger Accounts: Procore is focused on increasing the usage and value for its existing customer base, as well as shifting towards targeting the upper end of the market, including enterprise segments. This is evidenced by the growth in large customer accounts, with those contributing over $100,000 in Annual Recurring Revenue (ARR) increasing to 2,710 in 2025, representing 66% of total ARR. The number of customers contributing over $1,000,000 in ARR also saw significant growth, rising to 115 in 2025. This expansion within existing high-value customers and the focus on enterprise segments are expected to be key drivers of future revenue. The company also reported a net dollar retention rate of 112% in Q4 2025, indicating that existing customers are increasing their spending on Procore's platforms.
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Share Repurchases
- On October 29, 2024, Procore's Board authorized a stock repurchase program of up to $300 million.
- In 2025, the annual share buybacks for Procore Technologies Inc. amounted to $128.838 million.
- A new stock repurchase program was authorized on November 3, 2025, with Procore intending to opportunistically repurchase shares based on market conditions.
Share Issuance
- Procore Technologies' shares outstanding increased from 0.142 billion in 2023 to 0.15 billion in 2025, reflecting increases of 3.86% from 2023 to 2024 and 1.9% from 2024 to 2025.
- As of December 31, 2025, Procore Technologies Inc. had 151.71 million common shares outstanding.
- The 2021 Equity Incentive Plan authorized 59,355,916 shares for issuance as of June 30, 2025, including an automatic increase of 7,492,656 shares on January 1, 2025.
Outbound Investments
- In 2024, Procore acquired Intelliwave Technologies Inc., a company specializing in construction materials management.
- Procore acquired Unearth Technologies, Inc., a geographic information systems asset management platform, in 2023.
- In January 2026, Procore acquired Datagrid to further its AI strategy and enhance data integration for its customers.
Capital Expenditures
- For the fiscal year ending December 31, 2025, Procore Technologies Inc.'s Capital Expenditures totaled -$87.3 million.
- Capital expenditures in the fourth quarter of 2025 were $5.7 million.
- Procore plans to continue investing in technology innovation and international markets to support long-term growth.
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Trade Ideas
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02282026 | BMI | Badger Meter | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02282026 | VRNS | Varonis Systems | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | ITRI | Itron | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | FSLR | First Solar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PEGA | Pegasystems | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 03312022 | PCOR | Procore Technologies | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | -13.0% | 8.1% | -30.0% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 101.31 |
| Mkt Cap | 25.9 |
| Rev LTM | 5,397 |
| Op Inc LTM | 1,203 |
| FCF LTM | 441 |
| FCF 3Y Avg | 458 |
| CFO LTM | 1,495 |
| CFO 3Y Avg | 1,148 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.5% |
| Rev Chg 3Y Avg | 12.0% |
| Rev Chg Q | 13.8% |
| QoQ Delta Rev Chg LTM | 3.3% |
| Op Mgn LTM | 24.5% |
| Op Mgn 3Y Avg | 22.2% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 33.1% |
| CFO/Rev 3Y Avg | 30.5% |
| FCF/Rev LTM | 23.6% |
| FCF/Rev 3Y Avg | 19.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 25.9 |
| P/S | 6.2 |
| P/EBIT | 21.7 |
| P/E | 30.0 |
| P/CFO | 20.1 |
| Total Yield | 3.1% |
| Dividend Yield | 0.4% |
| FCF Yield 3Y Avg | 2.9% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.3% |
| 3M Rtn | -23.6% |
| 6M Rtn | -29.8% |
| 12M Rtn | -12.0% |
| 3Y Rtn | 1.6% |
| 1M Excs Rtn | 3.4% |
| 3M Excs Rtn | -15.1% |
| 6M Excs Rtn | -25.6% |
| 12M Excs Rtn | -27.7% |
| 3Y Excs Rtn | -58.8% |
Price Behavior
Price Behavior
| Market Price | $54.27 | |
| Market Cap ($ Bil) | 8.2 | |
| First Trading Date | 05/20/2021 | |
| Distance from 52W High | -31.8% | |
| 50 Days | 200 Days | |
| DMA Price | $56.79 | $67.80 |
| DMA Trend | down | down |
| Distance from DMA | -4.4% | -20.0% |
| 3M | 1YR | |
| Volatility | 53.9% | 46.7% |
| Downside Capture | 1.51 | 1.15 |
| Upside Capture | 137.85 | 113.32 |
| Correlation (SPY) | 20.5% | 56.0% |
PCOR Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.80 | 1.74 | 1.51 | 1.44 | 1.50 | 1.54 |
| Up Beta | -2.33 | -0.82 | -0.62 | 0.79 | 1.37 | 1.30 |
| Down Beta | 0.74 | 1.41 | 1.35 | 1.75 | 1.69 | 1.84 |
| Up Capture | 295% | 143% | 122% | 102% | 134% | 251% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 16 | 26 | 63 | 123 | 376 |
| Down Capture | 356% | 340% | 273% | 173% | 138% | 111% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 25 | 35 | 61 | 127 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PCOR | |
|---|---|---|---|---|
| PCOR | -23.8% | 46.7% | -0.44 | - |
| Sector ETF (XLK) | 22.4% | 26.8% | 0.73 | 53.8% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 56.3% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -12.6% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 17.4% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 42.8% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 29.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PCOR | |
|---|---|---|---|---|
| PCOR | -9.5% | 48.6% | -0.04 | - |
| Sector ETF (XLK) | 15.4% | 24.6% | 0.56 | 56.8% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 56.9% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 1.2% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 13.9% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 43.3% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 27.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PCOR | |
|---|---|---|---|---|
| PCOR | -4.9% | 48.6% | -0.04 | - |
| Sector ETF (XLK) | 20.8% | 24.3% | 0.79 | 56.8% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 56.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 1.2% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 13.9% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 43.3% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 27.5% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/12/2026 | 9.3% | 9.3% | 18.6% |
| 11/5/2025 | 10.6% | 9.1% | 8.3% |
| 7/31/2025 | -13.4% | -10.2% | -3.0% |
| 5/1/2025 | 2.6% | 5.0% | 3.9% |
| 2/13/2025 | 16.5% | 9.5% | -7.2% |
| 10/30/2024 | 4.8% | 13.9% | 29.6% |
| 8/1/2024 | -15.5% | -19.3% | -11.8% |
| 5/1/2024 | 1.5% | -0.3% | -1.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 9 | 9 |
| # Negative | 7 | 10 | 10 |
| Median Positive | 5.1% | 9.1% | 5.9% |
| Median Negative | -7.2% | -8.6% | -6.1% |
| Max Positive | 16.5% | 15.5% | 29.6% |
| Max Negative | -16.1% | -22.4% | -15.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/12/2026 | Prior: Q3 2025 Earnings Reported 11/5/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 351.00 Mil | 352.00 Mil | 353.00 Mil | 3.5% | Higher New | Actual: 340.00 Mil for Q4 2025 | |
| Q1 2026 Revenue Growth | 13.0% | 13.5% | 14.0% | 8.0% | 1.0% | Higher New | Actual: 12.5% for Q4 2025 |
| Q1 2026 Non-GAAP Operating Margin | 14.0% | 14.5% | 15.0% | 0.7% | 0.1% | Higher New | Actual: 14.4% for Q4 2025 |
| 2026 Revenue | 1.49 Bil | 1.49 Bil | 1.49 Bil | 13.6% | Higher New | Guidance: 1.31 Bil for 2025 | |
| 2026 Revenue Growth | 13.0% | -7.1% | -1.0% | Lower New | Guidance: 14.0% for 2025 | ||
| 2026 Non-GAAP Operating Margin | 17.5% | 17.75% | 18.0% | 26.8% | 3.8% | Higher New | Guidance: 14.0% for 2025 |
| 2026 Free Cash Flow Margin | 19.0% | ||||||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Fu, Howard | CFO & Treasurer | Direct | Sell | 1062026 | 72.99 | 814 | 59,414 | 13,009,519 | Form |
| 2 | Fu, Howard | CFO & Treasurer | Direct | Sell | 12232025 | 74.42 | 796 | 59,238 | 13,324,975 | Form |
| 3 | Courtemanche, Craig F Jr | See Footnote | Sell | 12172025 | 72.70 | 75,000 | 5,452,573 | 84,004,519 | Form | |
| 4 | Griffith, William Jg | Direct | Sell | 12172025 | 72.30 | 207,474 | 14,999,955 | 234,574,187 | Form | |
| 5 | O, Connor Kevin J | See Footnote | Sell | 12052025 | 75.13 | 9,615 | 722,375 | 79,075,752 | Form |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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