Procore Announces Third Quarter 2021 Financial Results

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

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

 

(in thousands)

 

Cost of revenue

 

$

 

 

$

66

 

 

$

 

 

$

400

 

Sales and marketing

 

 

36

 

 

 

473

 

 

 

112

 

 

 

1,830

 

Research and development

 

 

8

 

 

 

386

 

 

 

43

 

 

 

2,208

 

General and administrative

 

 

58

 

 

 

170

 

 

 

85

 

 

 

885

 

Total employer payroll tax on employee stock transactions

 

$

102

 

 

$

1,095

 

 

$

240

 

 

$

5,323

 


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