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Porch Group, Inc. PRCH Insurance Services — Product and technology

Other segment segments

Software & Data
$4.75M+10.7%
Reciprocal Segment
$765K-32.6%
Consumer Services
$626K-44.7%

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$234M+6.8%
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EVRInvestment Banking & Equities — Technology and Information Services
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LMNDReportable Segment — Technology development
$26.9M+22.3%

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+2.6%
Enterprise value$1.66B-0.4%
P/S2.9×-0.4×

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 prch:ProductAndTechnologyExpense.

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 — product and technology?
Porch Group, Inc. (PRCH) reported insurance services — product and technology of $2.75M in Q1 2026.
How has Porch Group, Inc.'s insurance services — product and technology changed year-over-year?
Porch Group, Inc.'s insurance services — product and technology increased by 12.4% year-over-year, from $2.45M to $2.75M.
What is the long-term trend for Porch Group, Inc.'s insurance services — product and technology?
Over 2 years (2023 to 2025), Porch Group, Inc.'s insurance services — product and technology has grown at a 115.5% compound annual growth rate (CAGR), from $2.23M to $10.35M.
What does insurance services — product and technology mean?
Costs related to the development, maintenance, and enhancement of the software platforms and technology infrastructure supporting the insurance services segment. It reflects the company's investment in innovation and digital capabilities to maintain a competitive edge.