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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$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:IncomeTaxExpenseBenefit.

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
Line itemInsurance ServicesSoftware & DataConsumer ServicesReciprocal SegmentTotal
Product and technology(3,038)
General and administrative(27,316)
Interest expense on intercompany surplus notes(3,527)
Income tax benefit (expense)(1,281)
Other segment items13,390
Segment Net Income$(8,832)
Segment revenue$92,925$23,087$18,130
Add (Subtract):

Item 1. Financial Statements

FAQ

What is Porch Group, Inc.'s reciprocal segment — income tax expense (benefit)?
Porch Group, Inc. (PRCH) reported reciprocal segment — income tax expense (benefit) of $1.28M in Q2 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 1193.9% year-over-year, from $99K to $1.28M.
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.

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