Procore Technologies, Inc. (PCOR) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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Procore Technologies, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $7,826,000.00Stock-based compensation → Operating adjustments reconciliation: $113,756,000.00Depreciation and amortization → Operating adjustments reconciliation: $59,972,000.00Accounts receivable → Operating adjustments reconciliation: $46,805,000.00Accounts payable → Operating adjustments reconciliation: $8,188,000.00Noncash operating lease expense → Operating adjustments reconciliation: $3,475,000.00Unrealized foreign currency loss (gain), net → Operating adjustments reconciliation: $3,136,000.00Abandonment of long-lived assets → Operating adjustments reconciliation: $1,884,000.00Operating adjustments reconciliation → Net cash from operating activities: $156,803,000.00Operating adjustments reconciliation → Accrued expenses and other liabilities: $21,780,000.00Operating adjustments reconciliation → Deferred revenue: $15,739,000.00Operating adjustments reconciliation → Deferred contract cost assets: $15,699,000.00Operating adjustments reconciliation → (Increase) decrease in fair value of strategic investments: $6,590,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $6,573,000.00Operating adjustments reconciliation → Gain on lease modifications: $5,775,000.00Operating adjustments reconciliation → Deferred income taxes: $4,192,000.00Operating adjustments reconciliation → Operating lease liabilities: $2,259,000.00Operating adjustments reconciliation → Accretion of discounts on marketable debt securities, net: $1,712,000.00Operating adjustments reconciliation → Benefit from credit losses: $94,000.00Sales of marketable securities → investing reconciliation: $106,731,000.00Maturities of marketable securities → investing reconciliation: $63,111,000.00Sales of strategic investments → investing reconciliation: $372,000.00investing reconciliation → Business combinations, net of cash acquired: $158,896,000.00investing reconciliation → Capitalized software development costs: $34,117,000.00investing reconciliation → Purchases of property and equipment: $9,943,000.00investing reconciliation → Purchases of strategic investments: $366,000.00Net cash used in financing activities → financing reconciliation: $92,014,000.00Net increase in funds held for customers → financing reconciliation: $22,139,000.00Proceeds from employee stock purchase plan → financing reconciliation: $13,007,000.00Proceeds from stock option exercises → financing reconciliation: $4,416,000.00financing reconciliation → Repurchases of common stock: $100,035,000.00financing reconciliation → Payment of tax withholding for net share settlement: $30,513,000.00financing reconciliation → Principal payments under finance lease agreements, net of proceeds from lease incentives: $728,000.00financing reconciliation → Payment of deferred asset acquisition consideration: $300,000.00Net cash used in investing activities → investing reconciliation: $33,108,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $490,246,000.00Net cash from operating activities → Cash sources and uses: $164,629,000.00Cash sources and uses → Exchange-rate effect: $3,681,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $526,072,000.00Cash sources and uses → Net cash used in investing activities: $33,108,000.00Cash sources and uses → Net cash used in financing activities: $92,014,000.00Net income (loss): $7,826,000.00Net income (loss)+$7.83 MStock-based compensation: $113,756,000.00Stock-based compensation+$113.76 MDepreciation and amortization: $59,972,000.00Depreciation & amortization+$59.97 MAccretion of discounts on marketable debt securities, net: -$1,712,000.00Debt securities accretion, net−$1.71 MAbandonment of long-lived assets: $1,884,000.00PP&E disposal gain & loss+$1.88 MGain on lease modifications: -$5,775,000.00Gain on lease modifications−$5.78 MNoncash operating lease expense: $3,475,000.00Noncash operating lease expense+$3.48 MUnrealized foreign currency loss (gain), net: $3,136,000.00Unrealized FX gain & loss+$3.14 MDeferred income taxes: -$4,192,000.00Deferred income taxes−$4.19 MBenefit from credit losses: -$94,000.00Credit loss provision−$94.00 K(Increase) decrease in fair value of strategic investments: -$6,590,000.00Trading securities, net−$6.59 MAccounts receivable: $46,805,000.00Accounts receivable+$46.81 MDeferred contract cost assets: -$15,699,000.00Deferred contract cost assets−$15.70 MPrepaid expenses and other assets: -$6,573,000.00Prepaid & other assets−$6.57 MAccounts payable: $8,188,000.00Accounts payable+$8.19 MAccrued expenses and other liabilities: -$21,780,000.00Accrued & other liabilities−$21.78 MDeferred revenue: -$15,739,000.00Deferred revenue−$15.74 MOperating lease liabilities: -$2,259,000.00Operating lease liabilities−$2.26 MNet cash from operating activities: $164,629,000.00Operating cash+$164.63 MOperating adjustments reconciliation: $237,216,000.00Proceeds from stock option exercises: $4,416,000.00Stock option exercises+$4.42 MProceeds from employee stock purchase plan: $13,007,000.00Stock plan proceeds+$13.01 MRepurchases of common stock: -$100,035,000.00Common stock repurchases−$100.04 MPayment of tax withholding for net share settlement: -$30,513,000.00Stock-award tax withholding−$30.51 MPayment of deferred asset acquisition consideration: -$300,000.00Deferred asset acquisition paid−$300.00 KPrincipal payments under finance lease agreements, net of proceeds from lease incentives: -$728,000.00Finance lease payments, net−$728.00 KNet increase in funds held for customers: $22,139,000.00Deposits, net+$22.14 MNet cash used in financing activities: -$92,014,000.00. Cash required to fund net payments.Financing cash−$92.01 Mfinancing reconciliation: $131,576,000.00Purchases of property and equipment: -$9,943,000.00PP&E purchases−$9.94 MCapitalized software development costs: -$34,117,000.00Software development costs−$34.12 MPurchases of strategic investments: -$366,000.00Strategic investment purchases−$366.00 KSales of strategic investments: $372,000.00Long-term investments sold+$372.00 KPurchases of marketable securities: $0.00Maturities of marketable securities: $63,111,000.00AFS securities maturities+$63.11 MSales of marketable securities: $106,731,000.00AFS securities sales+$106.73 MBusiness combinations, net of cash acquired: -$158,896,000.00Acquisitions, net of cash−$158.90 MAsset acquisitions, net of cash acquired: $0.00Net cash used in investing activities: -$33,108,000.00. Cash required to fund net payments.Investing cash−$33.11 Minvesting reconciliation: $203,322,000.00Cash sources and uses: $654,875,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $490,246,000.00Beginning cash$490.25 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $526,072,000.00Ending cash$526.07 MExchange-rate effect: -$3,681,000.00FX effect−$3.68 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$154.69 MOperating cash − cash spent on PP&ECash flow / Net income21.04×Operating cash flow ÷ net incomeNet cash change+$35.83 MEnding cash − beginning cash
Chart details

Procore Technologies, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
490,246,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
164,629,000 US dollars. Net cash provided.
Net income (loss)
7,826,000 US dollars
Stock-based compensation
113,756,000 US dollars
Depreciation and amortization
59,972,000 US dollars
Accretion of discounts on marketable debt securities, net
negative 1,712,000 US dollars
Abandonment of long-lived assets
1,884,000 US dollars
Gain on lease modifications
negative 5,775,000 US dollars
Noncash operating lease expense
3,475,000 US dollars
Unrealized foreign currency loss (gain), net
3,136,000 US dollars
Deferred income taxes
negative 4,192,000 US dollars
Benefit from credit losses
negative 94,000 US dollars
(Increase) decrease in fair value of strategic investments
negative 6,590,000 US dollars
Accounts receivable
46,805,000 US dollars
Deferred contract cost assets
negative 15,699,000 US dollars
Prepaid expenses and other assets
negative 6,573,000 US dollars
Accounts payable
8,188,000 US dollars
Accrued expenses and other liabilities
negative 21,780,000 US dollars
Deferred revenue
negative 15,739,000 US dollars
Operating lease liabilities
negative 2,259,000 US dollars
Investing activities
negative 33,108,000 US dollars. Net cash used.
Purchases of property and equipment
negative 9,943,000 US dollars
Capitalized software development costs
negative 34,117,000 US dollars
Purchases of strategic investments
negative 366,000 US dollars
Sales of strategic investments
372,000 US dollars
Purchases of marketable securities
0 US dollars
Maturities of marketable securities
63,111,000 US dollars
Sales of marketable securities
106,731,000 US dollars
Business combinations, net of cash acquired
negative 158,896,000 US dollars
Asset acquisitions, net of cash acquired
0 US dollars
Financing activities
negative 92,014,000 US dollars. Net cash used.
Proceeds from stock option exercises
4,416,000 US dollars
Proceeds from employee stock purchase plan
13,007,000 US dollars
Repurchases of common stock
negative 100,035,000 US dollars
Payment of tax withholding for net share settlement
negative 30,513,000 US dollars
Payment of deferred asset acquisition consideration
negative 300,000 US dollars
Principal payments under finance lease agreements, net of proceeds from lease incentives
negative 728,000 US dollars
Net increase in funds held for customers
22,139,000 US dollars
Operating adjustment reconciliation
237,216,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
131,576,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
203,322,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 3,681,000 US dollars
Ending cash on Jun 30, 2026
526,072,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
654,875,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
35,826,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
21.04×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
164,629,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
9,943,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
154,686,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $156.80M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 164,629,000 US dollars minus 9,943,000 US dollars equals 154,686,000 US dollars.
Procore Technologies, Inc. (PCOR) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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