PROCORE TECHNOLOGIES, INC. Annual Amortization of Intangible Assets in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Procore Technologies, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Procore Technologies, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $10.6M, a 14% increase year-over-year.
  • Procore Technologies, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $39.9M, a 6.83% increase year-over-year.
  • Procore Technologies, Inc. annual Amortization of Intangible Assets for 2023 was $37.6M, a 2.09% decline from 2022.
  • Procore Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $38.4M, a 178% increase from 2021.
  • Procore Technologies, Inc. annual Amortization of Intangible Assets for 2021 was $13.8M, a 139% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $37.6M -$803K -2.09% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $38.4M +$24.6M +178% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $13.8M +$8.03M +139% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $5.76M +$3.39M +143% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $2.37M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.