Procore Technologies (MEX:PCOR) Research & Development: MXN6,593 Mil (TTM As of Mar. 2026)


MEX:PCOR Procore Technologies Inc MEX:PCOR
67 GF Score
Price MXN854.79
GF Value MXN1,743.44
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Procore Technologies Research & Development?

Procore Technologies MEX:PCOR 67 Research & Development is MXN6,593 Mil as of Mar. 2026. 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.

Research & Development is the aggregate amount of research and development expenses during the year. Procore Technologies's Research & Development for the three months ended in Mar. 2026 was MXN1,543 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN6,593 Mil.

Procore Technologies  (MEX:PCOR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Procore Technologies Research & Development Related Terms

Procore Technologies Research & Development Historical Data

* Premium members only.

The historical data trend for Procore Technologies's Research & Development 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.

Procore Technologies Research & Development Chart

Procore Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 4,867.77 5,283.07 5,101.97 6,527.56 6,524.78

Procore Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,792.32 1,673.95 1,615.19 1,761.19 1,542.97
MEX:PCOR
67GF Score
Procore Technologies Inc MEX:PCOR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Procore Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN6,593 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN6,593 Mil mean?
Procore Technologies (MEX:PCOR) has a Research & Development of MXN6,593 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Procore Technologies and its competitors.
Is Procore Technologies' Research & Development too high?
Procore Technologies' current Research & Development is MXN6,593 Mil. 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' Research & Development compare to CWAN and CHYM?
Procore Technologies' Research & Development of MXN6,593 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Procore Technologies and its competitors. Procore Technologies's current Research & Development is MXN6,593 Mil. 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 Research & Development is MXN6,593 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Procore Technologies (MEX:PCOR), the current Research & Development is MXN6,593 Mil 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:

  • Research & Development: MXN6,593 Mil
  • GF Value™: MXN1,743.44 vs. price of MXN854.79 (51% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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 Business Description

Address 6309 Carpinteria Avenue, Carpinteria, CA, USA, 93013
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

Get the complete analysis for MEX:PCOR

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN854.79
Price
MXN1,743.44
GF Value