The company maintains a stable capital structure with $399.4M in cash and a manageable debt-to-equity ratio of 0.08 as of 2026Q1.
| Total Current Assets | 901.37M | 1.17B | 1.1B | 955.73M | 799.22M | 752.29M | 487.97M | 201.07M | 150.7M | 90.95M |
| Cash & Short-Term Investments | 604.87M | 768.49M | 775.39M | 677.95M | 582.21M | 586.11M | 379.91M | 118.45M | 94.85M | 60.33M |
| Cash Only | 399.39M | 480.68M | 437.72M | 357.79M | 296.71M | 586.11M | 379.91M | 118.45M | 94.85M | 60.33M |
| Short-Term Investments | 205.48M | 287.8M | 337.67M | 320.16M | 285.49M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 241.82M | 343.19M | 280.39M | 237.26M | 172.28M | 131.01M | 77.69M | 58.24M | 45.23M | 0 |
| Days Sales Outstanding | 68.73 | 94.72 | 88.86 | 91.16 | 87.31 | 92.88 | 70.84 | 73.51 | 88.57 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 54.68M | 55.16M | 44.09M | 40.52M | 44.73M | 35.17M | 13.6M | 11.92M | 5.55M | 0 |
| Total Non-Current Assets | 1.21B | 1.07B | 1B | 937.83M | 941.19M | 938.37M | 332.8M | 302.59M | 124.3M | 85.3M |
| Property, Plant & Equipment | 262.86M | 246.5M | 104.11M | 114.77M | 118.15M | 120.51M | 122.12M | 110.27M | 91.71M | 59.19M |
| Fixed Asset Turnover | 7.86x | 5.37x | 11.06x | 8.28x | 6.10x | 4.27x | 3.28x | 2.62x | 2.03x | 1.90x |
| Goodwill | 688.84M | 574.08M | 549.65M | 539.35M | 539.13M | 540.92M | 125.97M | 114.53M | 423K | 0 |
| Intangible Assets | 150.37M | 105.36M | 233.27M | 220.59M | 221.53M | 229.04M | 51.78M | 50.78M | 13.18M | 5.13M |
| Long-Term Investments | 189.63M | 42.53M | 60.4M | 11.53M | 14.15M | 3.1M | 0 | 0 | 3.3M | 0 |
| Other Non-Current Assets | 87.74M | 103.76M | 54.07M | 51.59M | 62.38M | 47.9M | 32.94M | 27.02M | 18.98M | 20.98M |
| Total Assets | 2.11B | 2.24B | 2.1B | 1.89B | 1.74B | 1.69B | 820.77M | 503.66M | 275M | 176.24M |
| Asset Turnover | 0.65x | 0.59x | 0.55x | 0.50x | 0.41x | 0.30x | 0.49x | 0.57x | 0.68x | 0.64x |
| Asset Growth % | 18.6% | 6.55% | 10.97% | 8.8% | 2.94% | 105.98% | 62.96% | 83.15% | 56.03% | - |
| Total Current Liabilities | 807.24M | 884.56M | 728.03M | 642.43M | 531.64M | 403.7M | 261.71M | 224.77M | 145.81M | 102.44M |
| Accounts Payable | 18.44M | 25.17M | 33.15M | 13.18M | 14.28M | 15.49M | 9.01M | 9.44M | 7.75M | 7.33M |
| Days Payables Outstanding | 30.22 | 32.21 | 58.84 | 27.57 | 35.12 | 57.51 | 45.9 | 64.78 | 75.67 | 105.46 |
| Short-Term Debt | 8.02M | 0 | 5.97M | 12.42M | 10.65M | 7.84M | 0 | 0 | 3.88M | 0 |
| Deferred Revenue (Current) | 2.48B | 687.06M | 584.72M | 501.9M | 396.54M | 301.56M | 213.44M | 173.52M | 110.55M | 0 |
| Other Current Liabilities | 60.89M | 172.33M | 32.22M | 30.48M | 27.31M | 23.14M | 24.89M | 23.81M | 7.86M | 0 |
| Current Ratio | 1.12x | 1.32x | 1.51x | 1.49x | 1.50x | 1.86x | 1.86x | 0.89x | 1.03x | 0.89x |
| Quick Ratio | 1.12x | 1.32x | 1.51x | 1.49x | 1.50x | 1.86x | 1.86x | 0.89x | 1.03x | 0.89x |
| Cash Conversion Cycle | 38.51 | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 100.83M | 92.25M | 84.99M | 95.53M | 91.99M | 97.66M | 831.16M | 532.65M | 328.87M | 48.44M |
| Long-Term Debt | 0 | 45.85M | 0 | 0 | 0 | 0 | 0 | 0 | 254.17M | 0 |
| Capital Lease Obligations | 285.55M | 72.41M | 74.05M | 81.5M | 83.67M | 88.92M | 95.39M | 83.66M | 73.11M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 254.17M | 0 |
| Other Non-Current Liabilities | 10.26M | -32.06M | 5.12M | 6.33M | 3.05M | 4.72M | 729.39M | 444.6M | 384K | 2.36M |
| Total Liabilities | 908.07M | 976.8M | 813.02M | 737.96M | 623.63M | 501.37M | 1.09B | 757.42M | 474.68M | 150.88M |
| Total Debt | 92.98M | 118.27M | 80.02M | 93.92M | 94.32M | 96.76M | 95.39M | 83.66M | 331.16M | 0 |
| Net Debt | -306.41M | -362.42M | -357.7M | -263.87M | -202.39M | -489.35M | -284.51M | -34.8M | 231.64M | 0 |
| Debt / Equity | 0.08x | 0.09x | 0.06x | 0.08x | 0.08x | 0.08x | - | - | - | - |
| Debt / EBITDA | 5.99x | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -19.73x | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -43.00x | -80.51x | -53.86x | -95.28x | -133.18x | -123.11x | -40.29x | -88.29x | -39.47x | -351.24x |
| Total Equity | 1.2B | 1.26B | 1.29B | 1.16B | 1.12B | 1.19B | -272.1M | -253.76M | -199.69M | 25.36M |
| Equity Growth % | -8.28% | -2.03% | 11.49% | 3.48% | -6.1% | 537.07% | -7.23% | -27.08% | -887.31% | - |
| Book Value per Share | 7.95 | 8.40 | 8.74 | 8.14 | 8.18 | 8.87 | -2.31 | -2.43 | -1.79 | 0.22 |
| Total Shareholders' Equity | 1.2B | 1.26B | 1.29B | 1.16B | 1.12B | 1.19B | -272.1M | -253.76M | -199.69M | 25.36M |
| Common Stock | 15K | 15K | 15K | 15K | 14K | 13K | 3K | 3K | 2K | 2K |
| Retained Earnings | -1.35B | -1.35B | -1.24B | -1.14B | -949.14M | -662.21M | -397.05M | -300.82M | -217.72M | -161.05M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.99M | -1.27M | -2.74M | -1.38M | -2.32M | -583K | 187K | 20K | -80K | 1K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Construction cycle volume sensitivity
According to recent financial disclosures, Procore's total assets have remained relatively stable at approximately $2.1B as of 2026Q1, suggesting that the company is transitioning from an aggressive asset-accumulation phase toward a more disciplined capital management strategy as it navigates a maturing commercial construction market environment.
The stabilization of the asset base indicates that the company is no longer aggressively expanding its footprint through heavy capital investment, which aligns with the observed deceleration in top-line growth. Investors should monitor whether this plateauing of assets reflects a strategic pivot toward operational efficiency rather than a lack of new growth opportunities.
Based on reported figures, Procore maintains a current ratio of 1.12 as of 2026Q1, which provides an adequate buffer for short-term obligations while the company continues to manage its cash position, which stood at $399.4M, against ongoing operating expenses and potential investments in new product initiatives.
While the current ratio has compressed from the 1.50-1.60 range seen in 2024, the company retains sufficient liquidity to fund its current operating model without immediate external financing needs. This liquidity profile appears appropriate for a SaaS firm that is shifting its focus toward cash flow generation rather than pure-play growth at any cost.
As reported in quarterly filings, Procore's retained earnings remain deeply negative at -$1.4B in 2026Q1, a trend that underscores the company's historical prioritization of market share acquisition over GAAP profitability, while ongoing equity dilution continues to be a primary mechanism for funding operations and talent retention.
The persistent deficit in retained earnings highlights the significant cumulative cost of the company's growth strategy. Investors should remain cautious regarding the impact of continued stock-based compensation on shareholder value, as the path to reversing this deficit appears contingent on achieving significant operating leverage that has yet to materialize.
Based on the balance sheet data, goodwill has risen to $688.8M as of 2026Q1, representing a substantial portion of total assets, which warrants further investigation into the potential for future impairment charges should the acquired businesses fail to meet their projected growth and integration targets.
The concentration of goodwill suggests that a significant portion of the company's asset base is tied to past acquisitions rather than tangible operational assets. If the company's pivot toward fintech and new modules does not yield the expected synergies, the carrying value of these intangibles may face downward pressure, potentially impacting the reported equity position.
Quick answers to the most common questions about buying PCOR stock.
As of 2025, Procore Technologies, Inc. (PCOR) had total assets of $2.24B including $1.17B in current assets.
Procore Technologies, Inc. (PCOR) carries total debt of $118.3M, offset by $768.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Procore Technologies, Inc. (PCOR) has total shareholders' equity (book value) of $1.26B ($8.40 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Procore Technologies, Inc. (PCOR) reported a current ratio of 1.32x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.