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Porch Group, Inc. PRCH Reciprocal Segment — Deferred Revenue
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Where this comes from
Reported directly by Porch Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.
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
Deferred revenue on the unaudited Condensed Consolidated Balance Sheets as of June 30, 2026, and December 31, 2025, includes $227.2 million and $219.6 million, respectively, of deferred revenue related to the Reciprocal Segment. The portion of insurance premiums related to the unexpired term of policies in force as of the end of the reporting period and to be earned over the remaining term of these policies is deferred and reported as deferred revenue.
Item 1. Financial Statements
FAQ
- What is Porch Group, Inc.'s reciprocal segment — deferred revenue?
- Porch Group, Inc. (PRCH) reported reciprocal segment — deferred revenue of $227.2M in Q2 2026.
- How has Porch Group, Inc.'s reciprocal segment — deferred revenue changed year-over-year?
- Porch Group, Inc.'s reciprocal segment — deferred revenue increased by 17.7% year-over-year, from $193.1M to $227.2M.
- What does reciprocal segment — deferred revenue mean?
- This represents payments received from customers for insurance or software services that have not yet been earned as revenue because the service period has not concluded. It serves as a leading indicator of future revenue recognition and customer demand within the segment. An increasing balance typically signals strong sales momentum and future growth potential.
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