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Porch Group, Inc. PRCH Insurance carrier — Revenue not from contract with customer

Other product segments

Recurring
$8.2M

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Other financials

Income statement

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Revenue$121.1M+15.6%
Gross profit$90.8M+38.8%
Operating income$11.8M+1,033%
Net income-$4.7M-156%
EPS (diluted)-$0.04-157%

Balance sheet

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Cash & equivalents$179.4M+8.0%
Total debt$399.0M-2.5%
Total equity-$25.4M+51.5%
Total assets$806.6M+0.5%

Cash flow

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Operating cash flow$13.0M+216%
CapEx$176.0K+171%
Free cash flow$12.8M+214%

Valuation

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Market cap$1.44B+30.0%
Enterprise value$1.66B+22.9%
P/S2.9×+0.3×

Profitability

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Gross margin73.3%+19.3pp
Operating margin10%
Net margin-3.3%
FCF margin18.1%

Returns & leverage

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Return on equity-144.9%-188pp
Debt / equity9.7×+7.6×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by Porch Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The official record: Porch Group, Inc.’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Porch Group, Inc.'s insurance carrier — revenue not from contract with customer?
Porch Group, Inc. (PRCH) reported insurance carrier — revenue not from contract with customer of $19.6M in Q1 2026.
How has Porch Group, Inc.'s insurance carrier — revenue not from contract with customer changed year-over-year?
Porch Group, Inc.'s insurance carrier — revenue not from contract with customer decreased by 70.1% year-over-year, from $65.6M to $19.6M.
What is the long-term trend for Porch Group, Inc.'s insurance carrier — revenue not from contract with customer?
Over 2 years (2023 to 2025), Porch Group, Inc.'s insurance carrier — revenue not from contract with customer has grown at a 13.7% compound annual growth rate (CAGR), from $234.5M to $303.1M.
What does insurance carrier — revenue not from contract with customer mean?
This metric captures revenue streams within the insurance carrier segment that are recognized outside of standard customer service contracts, such as investment income, changes in fair value of financial instruments, or other non-operating gains. It provides insight into the company's ability to generate returns from its insurance float and capital management activities rather than direct service delivery. Monitoring this helps investors distinguish between core operational growth and secondary financial performance.