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

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Other financials

Income statement

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Revenue$140.9M+18.1%
Gross profit$87.6M+15.4%
Operating income-$4.1M-181%
Net income$5.6M+117%
EPS (diluted)$0.05

Balance sheet

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Cash & equivalents$195.6M+4.1%
Total debt$405.3M+2.8%
Total equity-$11.8M+59.6%
Total assets$819.0M+6.3%

Cash flow

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Operating cash flow$41.3M+16.0%
CapEx$372.0K+80.6%
Free cash flow$40.9M+15.6%

Valuation

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Market cap$1.8B+15.9%
Enterprise value$2.01B+14.2%
P/S3.5×-0.1×

Profitability

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Gross margin72.5%+6.0pp
Operating margin7.8%
Net margin-2.6%
FCF margin18.4%

Returns & leverage

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Return on equity-144.9%-188pp
Debt / equity9.7×+7.6×
Current ratio1.4×-0.3×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The source filing: Porch Group, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:11 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001784535-26-000048

(2) Revenue recognized during the three and six months ended June 30, 2026 and 2025, includes revenue that is accounted for in accordance with ASC Topic 944, Financial Services-Insurance, separately from the revenue from contracts with customers. Revenue accounted for under ASC Topic 944 was $92.0 million and $79.7 million for the three months ended June 30, 2026 and 2025, respectively, and $170.0 million and $145.3 million for the six months ended June 30, 2026 and 2025, respectively.

Item 1. Financial Statements

FAQ

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 $92M in Q2 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 increased by 26.2% year-over-year, from $72.9M to $92M.
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.

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