Procore TechnologiesMEX:PCOR 67 Gross Margin % is 80.10% as of Mar. 2026, which is 1% below its 10-year median of 80.90. GuruFocus rates MEX:PCOR with a GF Score™ of 67/100 and a GF Value™ of MXN1,743.44 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,685 Software companies, Procore Technologies ranks better than 88.45% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Procore Technologies had a gross margin of 80.10% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Procore Technologies Gross Margin % Related Terms
Procore Technologies Gross Margin % Historical Data
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The historical data trend for Procore Technologies's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:PCOR vs CWAN, CHYM, TTAN: Gross Margin % Comparison
For the Software - Application subindustry, Procore Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Procore Technologies Gross Margin % vs Software Industry
For the Software industry and Technology sector, Procore Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Procore Technologies's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Procore Technologies (MEX:PCOR) has a Gross Margin % of 80.10% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Procore Technologies and its competitors. This is near median its historical median of 80.90. Over the past decade, Procore Technologies' Gross Margin % has ranged from 77.41 to 82.15. According to the industry distribution chart, Procore Technologies ranks #310 out of 2685 companies in the Software industry, placing it in the top 11.5%.
Is Procore Technologies' Gross Margin % too high?
Procore Technologies' current Gross Margin % of 80.10% is near median its 10-year median of 80.90. Over the past 10 years, this metric has ranged from a low of 77.41 to a high of 82.15. The Software industry median Gross Margin % is 40.45. Procore Technologies' value of 80.10% is 98% above this industry median. Based on the distribution chart, Procore Technologies ranks #310 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Procore Technologies has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procore Technologies' Gross Margin % compare to CWAN and CHYM?
According to the Software industry distribution chart, Procore Technologies ranks #310 out of 2685 companies for Gross Margin %. This places Procore Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Procore Technologies' value of 80.10% is 98% above this benchmark. Historically, Procore Technologies' own Gross Margin % has ranged from 77.41 to 82.15 over the past decade. While the company's 10-year median is 80.90 vs. the industry median of 40.45, Procore Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Procore Technologies's current Gross Margin % of 80.10% is 98% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Procore Technologies and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procore Technologies's current Gross Margin % is 80.10%, which is near median its own 10-year median of 80.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procore Technologies stock overvalued right now?
Based on GuruFocus' analysis, Procore Technologies (MEX:PCOR) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,743.44, compared to a current price of MXN854.79 — trading 51% below its estimated fair value. The current Gross Margin % is 80.10%, which is near median its 10-year median of 80.90 and 98% above the Software industry median of 40.45. Procore Technologies' overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Procore Technologies (MEX:PCOR), the current Gross Margin % is 80.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Procore Technologies (MEX:PCOR) Overvalued in 2026?
Based on GuruFocus' analysis, Procore Technologies stock appears to be undervalued.
The current stock price of MXN854.79 is trading 51% below its estimated GF Value™ of MXN1,743.44.
GuruFocus considers Procore Technologies to be Significantly Undervalued.
Key valuation signals for MEX:PCOR:
Gross Margin %: 80.10% (near median its 10-year median of 80.90)
GF Value™: MXN1,743.44 vs. price of MXN854.79 (51% below fair value)
Industry Position: 98% above the Software median (#310 of 2685)
No single metric tells the full story. See the MEX:PCOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
67GF Score
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