Quick Answer
PROCORE TECHNOLOGIES, INC. reported R&D Expense of $362.37 million for fiscal year 2025.
PROCORE TECHNOLOGIES, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $362.37M | +15.8% |
| 2024 | $312.99M | +4.1% |
| 2023 | $300.57M | +10.9% |
| 2022 | $270.98M | +14.2% |
| 2021 | $237.29M | +90.3% |
| 2020 | $124.66M | +43.3% |
| 2019 | $87.02M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $88.05M | +9.0% | -1.0% |
| June 30, 2025 | $88.90M | +22.9% | +1.5% |
| March 31, 2025 | $87.61M | +24.1% | +8.4% |
| September 30, 2024 | $80.79M | +11.1% | +11.7% |
| June 30, 2024 | $72.31M | -1.2% | +2.4% |
| March 31, 2024 | $70.60M | -11.8% | -2.9% |
| September 30, 2023 | $72.71M | +1.7% | -0.7% |
| June 30, 2023 | $73.22M | +14.7% | -8.5% |
- PROCORE TECHNOLOGIES, INC. showed an increase of +15.8% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, PROCORE TECHNOLOGIES, INC.’s r&d expense has grown by 316.4% (from $87.02 million to $362.37 million).
- The most recent figure is from PROCORE TECHNOLOGIES, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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