• Procore Technologies average operating margin for 2023 was -30.31%, a 35.81% decline from 2022.
• Procore Technologies average operating margin for 2022 was -47.22%, a 16.82% decline from 2021.
• Procore Technologies average operating margin for 2021 was -40.42%, a 179.53% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.