PCOR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PCOR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Procore Technologies's retained earnings for the quarter that ended in Dec. 2024 was $-1,245 Mil.
Procore Technologies's quarterly retained earnings declined from Jun. 2024 ($-1,156 Mil) to Sep. 2024 ($-1,183 Mil) and declined from Sep. 2024 ($-1,183 Mil) to Dec. 2024 ($-1,245 Mil).
Procore Technologies's annual retained earnings declined from Dec. 2022 ($-949 Mil) to Dec. 2023 ($-1,139 Mil) and declined from Dec. 2023 ($-1,139 Mil) to Dec. 2024 ($-1,245 Mil).
The historical data trend for Procore Technologies's Retained Earnings 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 Annual Data | |||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Retained Earnings | Get a 7-Day Free Trial | -397.05 | -662.21 | -949.14 | -1,138.84 | -1,244.79 |
Procore Technologies Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Retained Earnings | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
-1,138.84 | -1,149.80 | -1,156.11 | -1,182.50 | -1,244.79 |
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Procore Technologies (NYSE:PCOR) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Howard Fu | officer: CFO & Treasurer | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
O Connor Kevin J | director | C/O DOUBLECLICK INC., 111 EIGHTH AVENUE, NEW YORK NY 10011 |
Steven Scott Davis | officer: President Product & Technology | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
Benjamin C Singer | officer: Chief Legal Officer; Secretary | 5 CROSBY STREET, NEW YORK NY 10013 |
Griffith William J.g. | director, 10 percent owner | 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367 |
Iconiq Strategic Partners Ii, L.p. | 10 percent owner | 50 BEALE ST., STE 2300, SAN FRANCISCO CA 94105 |
Elisa Steele | director | 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404 |
Kathryn Bueker | director | C/O HUBSPOT, INC., 25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141 |
Courtemanche Craig F. Jr. | director, officer: Chief Executive Officer, other: Chairman of the Board | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
Fleming William Fred Jr | officer: VP, Corporate Controller | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
Joy Driscoll Durling | officer: Chief Data Officer | 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003 |
Nanci Caldwell | director | C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171 |
Graham Smith | director | 301 BRANNMAN ST, SAN FRANCISCO CA 94107 |
Paul Lyandres | officer: Chief Financial Officer | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
Dennis Lyandres | officer: Chief Revenue Officer | 6309 CARPINTERIA AVE, CARPINTERIA CA 93013 |
From GuruFocus
By GuruFocus News • 03-15-2025
By GuruFocus News • 03-06-2025
By GuruFocus News • 04-10-2025
By GuruFocus News • 02-14-2025
By GuruFocus News • 03-22-2025
By GuruFocus News • 02-23-2025
By GuruFocus News • 03-17-2025
By GuruFocus News • 02-14-2025
By GuruFocus News • 04-07-2025
By GuruFocus News • 02-14-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.