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Porch Group, Inc. PRCH Reciprocal Segment — Income Tax Expense (Benefit)

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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:IncomeTaxExpenseBenefit.

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 reciprocal segment — income tax expense (benefit)?
Porch Group, Inc. (PRCH) reported reciprocal segment — income tax expense (benefit) of $1.77M in Q1 2026.
How has Porch Group, Inc.'s reciprocal segment — income tax expense (benefit) changed year-over-year?
Porch Group, Inc.'s reciprocal segment — income tax expense (benefit) increased by 98.9% year-over-year, from $889K to $1.77M.
What does reciprocal segment — income tax expense (benefit) mean?
This represents the total income tax expense or benefit recognized by the reciprocal insurance segment during the reporting period. It captures the tax implications of the segment's operational profitability and regulatory tax status. Investors use this to assess the effective tax burden on the segment's earnings and its impact on net profitability.