PRCH - NASDAQ
Porch Group, Inc.
$9.94
-8.8%Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security companies, and TV/Internet providers. This segment operates through Floify, HireAHelper, ISN, iRoofing, Palm-Tech, Porch.com, Rynoh, and V12 brands. The Insurance segment offers property related insurance policies through our own risk-bearing carrier and independent agency as well as risk-bearing home warranty company. This segment operates though American Home Protect, Elite Insurance Group, and Homeowners of America brands. In addition, the company provides property and casualty, home, auto, flood, and umbrella insurance products; and contractor services. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
At a Glance
Live SnapshotPorch Group, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Porch Group, Inc. Income Statement
PRCH • NASDAQ
| Porch Group, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
482.4M | 437.8M | 430.3M | 275.9M | 192.4M | 72.3M | 77.6M | 54.1M | |
GROSS PROFIT | ||||||||
(142.4M) | (225.6M) | (220.2M) | (107.6M) | (58.7M) | (17.6M) | (21.5M) | (15.3M) | |
340M | 212.2M | 210.1M | 168.4M | 133.7M | 54.7M | 56.1M | 38.8M | |
OPERATING INCOME | ||||||||
(303.4M) | (276.8M) | (400.4M) | (345.4M) | (217.1M) | (97M) | (144.2M) | (85.6M) | |
(250.1M) | (221.3M) | (247.5M) | (223.7M) | (169M) | (69.9M) | (108.2M) | (63.9M) | |
(53.3M) | (55.3M) | (58.5M) | (59.6M) | (47M) | (28.5M) | (31M) | (24.2M) | |
36.6M | -64.6M | -190.4M | -177M | -83.4M | -42.2M | -88.1M | -49.3M | |
PRE-TAX INCOME | ||||||||
(51.6M) | (42.5M) | (31.8M) | (8.7M) | (5.8M) | (14.7M) | (7.1M) | (0.0) | |
-51.6M | -40.8M | -27.9M | -8M | -5.7M | -14.7M | -7.1M | 0.0 | |
(0.0) | (239K) | (94.4M) | (62.2M) | (1.1M) | -1.4M | (5M) | (0.0) | |
-9.8M | 33.9M | 57M | 21.3M | -33.5M | -13.5M | -15.1M | -1.2M | |
26.7M | -30.7M | -133.3M | -155.7M | -116.9M | -55.7M | -103.2M | -50.5M | |
NET INCOME | ||||||||
(11.4M) | (2.1M) | (622K) | (842K) | -10.3M | -1.7M | (96K) | -558K | |
15.3M | -32.8M | -133.9M | -156.6M | -106.6M | -54M | -103.3M | -49.9M |
SEC Filings
PRCH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 28, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 17, 2026 | December 31, 2025 | 2025 | |
10-K 10-K 2025 FY FY | February 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 11, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 05, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 05, 2025 | August 05, 2025 | 2025 | |
8-K/A 8-K/A 2025 (Amended) N/A | June 27, 2025 | April 04, 2025 | 2025 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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