Procore Announces Third Quarter 2021 Financial Results

(2) Includes amortization of acquired intangible assets as follows:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

Cost of revenue

 

$

761

 

 

$

1,086

 

 

$

2,283

 

 

$

3,258

 

Sales and marketing

 

 

404

 

 

 

404

 

 

 

1,212

 

 

 

1,349

 

Research and development

 

 

183

 

 

 

907

 

 

 

488

 

 

 

1,770

 

Total amortization of acquired intangible assets

 

$

1,348

 

 

$

2,397

 

 

$

3,983

 

 

$

6,377

 


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