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Porch Group, Inc. PRCH Insurance Services — Gross Profit

Other segment segments

Reciprocal Segment
$36.3M+165%
Software & Data
$16.53M+0.2%
Consumer Services
$13.17M+7.7%

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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:GrossProfit.

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 services — gross profit?
Porch Group, Inc. (PRCH) reported insurance services — gross profit of $63.78M in Q1 2026.
How has Porch Group, Inc.'s insurance services — gross profit changed year-over-year?
Porch Group, Inc.'s insurance services — gross profit increased by 50.7% year-over-year, from $42.33M to $63.78M.
What is the long-term trend for Porch Group, Inc.'s insurance services — gross profit?
Over 2 years (2023 to 2025), Porch Group, Inc.'s insurance services — gross profit has grown at a 74.9% compound annual growth rate (CAGR), from $74.42M to $227.58M.
What does insurance services — gross profit mean?
The difference between insurance services revenue and the direct costs of providing those services. This indicator measures the fundamental profitability of the insurance segment before accounting for operating expenses.