PROCORE TECHNOLOGIES, INC.

Services-Prepackaged Software·CARPINTERIA, CA·FY end 12/31·CIK 1611052

CEO Pay Ratio

518:1

Craig F. Courtemanche

CEO Total Comp

$20.8M

Craig F. Courtemanche

Median Employee

$150,322

Revenue

$1.3B

FY 2025

Net Income

-$100.8M

FY 2025

Free Cash Flow

$282.2M

FY 2025

Net Margin

-7.6%

Insider Net (180d)

-$19.0M

0 buys / 50 sales

CEO Pay Accountability

CEO comp as % of net income

-20.62%

For every $1,000 of profit, $-206.23 flows to the CEO.

CEO comp as % of buybacks

16.13%

CEO comp equals 161.3‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$1.3B	$1.2B	$950.0M	$720.2M	$514.8M
Gross Profit	$1.1B	$946.1M	$775.5M	$571.8M	$416.5M
Operating Income	-$124.3M	-$136.4M	-$215.7M	-$290.5M	-$285.9M
Net Income	-$100.8M	-$106.0M	-$189.7M	-$286.9M	-$265.2M
Operating CF	$300.3M	$196.2M	$92.0M	$12.6M	$36.7M
Capex	$18.1M	$19.1M	$10.3M	$15.8M	$12.4M
Free Cash Flow	$282.2M	$177.0M	$81.7M	-$3.2M	$24.3M
Buybacks	$128.8M	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	79.5%	82.1%	81.6%	79.4%	80.9%
Operating Margin	-9.4%	-11.8%	-22.7%	-40.3%	-55.5%
Net Margin	-7.6%	-9.2%	-20.0%	-39.8%	-51.5%
FCF Margin	21.3%	15.4%	8.6%	-0.4%	4.7%
R&D / Revenue	27.4%	27.2%	31.6%	37.6%	46.1%
Effective Tax	-7.2%	-1.7%	-0.7%	-0.2%	8.2%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	45.7%	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Craig F. CourtemancheJr. Former President and CEO, and Chair of the Board	$491.1K	$19.2M	—	$1.1M	$16.0K	$20.8M
Steven S. DavisPresident, Product and Technology	$467.6K	$4.6M	—	$339.0K	$5.4K	$5.4M
Howard FuFormer Chief Financial Officer and Treasurer	$441.6K	$4.3M	—	$320.1K	$5.0K	$5.1M
Benjamin C. SingerChief Legal Officer and Corporate Secretary	$431.2K	$2.6M	—	$312.6K	$5.0K	$3.4M