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Porch Group, Inc. PRCH Reciprocal Segment — Net Income

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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:ProfitLoss.

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 — net income?
Porch Group, Inc. (PRCH) reported reciprocal segment — net income of $6.65M in Q1 2026.
How has Porch Group, Inc.'s reciprocal segment — net income changed year-over-year?
Porch Group, Inc.'s reciprocal segment — net income increased by 242.8% year-over-year, from -$4.66M to $6.65M.
What does reciprocal segment — net income mean?
This is the bottom-line profit or loss generated by the reciprocal insurance segment after accounting for all revenues, operating expenses, interest, and taxes. It serves as the primary indicator of the segment's overall financial health and its contribution to the consolidated results of the parent company. A positive trend indicates successful underwriting and operational efficiency within the insurance business.