Procore Technologies Past Earnings Performance
Past criteria checks 0/6
Procore Technologies's earnings have been declining at an average annual rate of -12.1%, while the Software industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 29.5% per year.
Key information
-12.1%
Earnings growth rate
29.5%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 29.5% |
| Return on equity | -11.5% |
| Net Margin | -13.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Procore Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,006 | -137 | 691 | 284 |
| 31 Dec 23 | 950 | -190 | 683 | 289 |
| 30 Sep 23 | 892 | -231 | 670 | 289 |
| 30 Jun 23 | 831 | -259 | 638 | 286 |
| 31 Mar 23 | 774 | -279 | 610 | 276 |
| 31 Dec 22 | 720 | -287 | 584 | 262 |
| 30 Sep 22 | 664 | -267 | 549 | 248 |
| 30 Jun 22 | 610 | -246 | 504 | 232 |
| 31 Mar 22 | 560 | -323 | 517 | 256 |
| 31 Dec 21 | 515 | -265 | 454 | 233 |
| 30 Sep 21 | 478 | -264 | 405 | 206 |
| 30 Jun 21 | 448 | -230 | 366 | 186 |
| 31 Mar 21 | 422 | -94 | 266 | 125 |
| 31 Dec 20 | 400 | -96 | 259 | 119 |
| 31 Dec 19 | 289 | -83 | 230 | 87 |
| 31 Dec 18 | 186 | -57 | 148 | 55 |
| 31 Dec 17 | 112 | -56 | 101 | 40 |
Quality Earnings: 5PT is currently unprofitable.
Growing Profit Margin: 5PT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5PT is unprofitable, and losses have increased over the past 5 years at a rate of 12.1% per year.
Accelerating Growth: Unable to compare 5PT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 5PT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.1%).
Return on Equity
High ROE: 5PT has a negative Return on Equity (-11.49%), as it is currently unprofitable.