Company: PCOR
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050149
Chunk: 18

Company: PROCORE TECHNOLOGIES, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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expense) income, net(210)466 2,204 (26)Loss before provision for (benefit from) income taxes(8,622)(26,741)(57,817)(43,265)Provision for (benefit from) income taxes479 (353)5,362 400 Net loss$(9,101)$(26,388)$(63,179)$(43,665)Net loss per share attributable to common stockholders, basic and diluted$(0.06)$(0.18)$(0.42)$(0.30)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted150,278,399148,134,585149,978,697146,854,541Other comprehensive (loss) incomeForeign currency translation adjustment, net of tax$(331)$509 $1,099 $(64)Unrealized gain on available-for-sale debt and marketable securities, net of tax120 1,504 2 1,125 Total other comprehensive (loss) income(211)2,013 1,101 1,061 Comprehensive loss$(9,312)$(24,375)$(62,078)$(42,604)

The accompanying notes are an integral part of these condensed consolidated financial statements.

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Table of Contents

Procore Technologies, Inc.

Condensed Consolidated Statements of Stockholders’ Equity (unaudited)

Common StockAdditionalPaid-inCapitalAccumulatedOtherComprehensiveLossAccumulatedDeficitTotalStockholders’Equity(in thousands, except share amounts)SharesAmountBalance as of December 31, 2023144,806,464$15 $2,295,807 $(1,375)$(1,138,837)$1,155,610 Exercise of stock options471,310— 7,140 — — 7,140 Stock-based compensation—— 42,590 — — 42,590 Issuance of common stock upon settlement of restricted stock units994,029— — — — — Other comprehensive loss—— — (693)— (693)Net loss—— — — (10,966)(10,966)Balance as of March 31, 2024146,271,803$15 $2,345,537 $(2,068)$(1,149,803)$1,