PCOR: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	1.32bn	1.15bn
Cost of revenue	271m	206m
Gross profit	1.05bn	946m
Research and development	362m	313m
Selling, general and administrative	233m	218m
Operating expenses	1.18bn	1.08bn
Operating income	−124m	−136m
Pre-tax income	−94m	−104m
Income tax	7m	2m
Net income	−101m	−106m
Earnings per share	−0.67	−0.72
Earnings per share, diluted	−0.67	−0.72
Weighted average shares	150m	147m
Weighted average shares, diluted	150m	147m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	386m	481m	350m	324m	314m	438m	439m	356m
Short-term investments	205m	288m	333m	297m	253m	338m	318m	379m
Receivables	185m	288m	206m	194m	162m	246m	173m	159m
Current assets	901m	1.17bn	1.01bn	913m	816m	1.10bn	1.02bn	966m
Property, plant and equipment	48m	49m	46m	44m	44m	44m	36m	35m
Goodwill	689m	574m	574m	574m	573m	550m	550m	550m
Total assets	2.11bn	2.24bn	2.06bn	2.00bn	1.95bn	2.10bn	2.02bn	1.97bn
Current liabilities	807m	885m	754m	706m	686m	728m	649m	625m
Total liabilities	908m	977m	834m	787m	767m	813m	733m	711m
Equity	1.20bn	1.26bn	1.22bn	1.22bn	1.18bn	1.29bn	1.29bn	1.26bn
Shares outstanding	151m	152m	150m	150m	149m	150m	149m	148m
Shares issued	151m	152m	150m	150m	149m	150m	149m	148m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	300m	196m
Depreciation and amortisation	111m	90m
Share-based compensation	238m	187m
Capital expenditure	18m	19m
Investing cash flow	−70m	−150m
Share buybacks	129m	0
Financing cash flow	−179m	36m