Procore Announces Second Quarter 2022 Financial Results

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cost of revenue

 

$

5,654

 

 

$

1,086

 

 

$

11,308

 

 

$

2,172

 

Sales and marketing

 

 

3,106

 

 

 

466

 

 

 

6,212

 

 

 

945

 

Research and development

 

 

895

 

 

 

680

 

 

 

1,797

 

 

 

863

 

Total amortization of acquired intangible assets

 

$

9,655

 

 

$

2,232

 

 

$

19,317

 

 

$

3,980

 

(3) Includes employer payroll tax on employee stock transactions as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cost of revenue

 

$

68

 

 

$

330

 

 

$

149

 

 

$

334

 

Sales and marketing

 

 

317

 

 

 

1,215

 

 

 

925

 

 

 

1,357

 

Research and development

 

 

523

 

 

 

1,748

 

 

 

1,550

 

 

 

1,822

 

General and administrative

 

 

182

 

 

 

635

 

 

 

727

 

 

 

715

 

Total employer payroll tax on employee stock transactions

 

$

1,090

 

 

$

3,928

 

 

$

3,351

 

 

$

4,228

 

(4) Includes acquisition-related expenses as follows:

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 2 for Lam Research at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Upcoming Events
GIS-Pro 2024 at Portland ME - Oct 7 - 10, 2024
Geo Sessions 2024 at United States - Oct 22 - 24, 2024
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise