{
  "docId": "019de518-c7fa-7338-9d9f-b44129ac192e",
  "docSlug": "ae1a5b3b9bc05c9d77de08fb187b978e",
  "documentTitle": "Procore | Investor Day Presentation Deck | 113 slides",
  "authorId": "procore",
  "authorName": "Procore",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 110,
  "pageCount": 113,
  "prevPage": 109,
  "nextPage": 111,
  "slideType": "other",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 108,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-c7fa-7338-9d9f-b44129ac192e/110",
  "deckHref": "/decks/019de518-c7fa-7338-9d9f-b44129ac192e",
  "deckJsonHref": "/decks/019de518-c7fa-7338-9d9f-b44129ac192e.json",
  "deckAnchorHref": "/decks/019de518-c7fa-7338-9d9f-b44129ac192e#slide-110",
  "components": [
    {
      "bbox": {
        "h": 0.015,
        "w": 0.13,
        "x": 0.05,
        "y": 0.26
      },
      "kind": "paragraph",
      "text": "(dollars in thousands)",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "684ec665-7cef-42f8-83cd-3b6b74062c7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.013,
        "w": 0.602,
        "x": 0.15,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "Note: Fiscal year ends on December 31 of each respective year. Numbers may not foot due to rounding.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd79da32-ce88-41c3-a3b0-2c5b11d8f7cf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.569,
        "w": 0.905,
        "x": 0.05,
        "y": 0.29
      },
      "kind": "table",
      "text": "Revenue\nFY18 $186,396\nFY19 $289,194\nFY20 $400,291\nFY21 $514,821\nQ1'22 $159,516\nQ2'22 $172,205\nQ3'22 $186,429\nReconciliation of gross profit and gross margin to non-GAAP gross profit and non-GAAP gross margin:\nGAAP gross profit $148,995 $236,028 $328,628 $416,509 $126,184 $135,470 $148,650\nStock-based compensation expense 567 1,095 1,722 8,094 1,458 2,046 1,835\nAmortization of acquired technology intangible assets 187 1,643 3,315 7,522 5,654 5,654 5,627\nEmployer payroll tax on employee stock transactions 0 7 7 457 81 68 99\nAcquisition-related expenses 0 0 0 2 0 0 0\nRestructuring related charges 0 0 127 0 0 0 0\nNon-GAAP gross profit $149,749 $238,773 $333,799 $432,584 $133,377 $143,238 $156,211\nGAAP gross margin 80% 82% 82% 81% 79% 79% 80%\nNon-GAAP gross margin 80% 83% 83% 84% 84% 83% 84%\nReconciliation of operating expenses to non-GAAP operating expenses:\nGAAP sales and marketing $112,723 $173,472 $189,032 $308,511 $93,915 $103,283 $109,608\nStock-based compensation expense (2,791) (7,463) (13,385) (68,755) (10,296) (12,572) (15,483)\nAmortization of acquired technology intangible assets (28) (728) (1,728) (3,600) (3,106) (3,106) (3,106)\nEmployer payroll tax on employee stock transactions 0 (71) (205) (2,325) (608) (317) (682)\nAcquisition-related expenses 0 0 0 (488) (207) (208) (655)\nRestructuring related charges 0 0 (1,824) 0 0 0 0\nNon-GAAP sales and marketing $109,904 $165,210 $171,890 $233,343 $79,698 $87,080 $89,682\nGAAP sales and marketing as a percentage of revenue 60% 60% 47% 60% 59% 60% 59%\nNon-GAAP sales and marketing as a percentage of revenue 59% 57% 43% 45% 50% 51% 48%",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd8445d8-caa7-4359-975d-8bb62b66fe02",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.649,
        "x": 0.056,
        "y": 0.076
      },
      "kind": "title",
      "text": "GAAP to Non-GAAP Reconciliation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "97a90f86-1070-473f-abbe-917b79cb0d7a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "0f985e51-0a81-4856-8b46-b88ee75f99eb",
      "evidence": "table/data: Revenue",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}