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Porch Group, Inc. PRCH Recurring — Revenue from external customers

Other product segments

Insurance carrier
$59.62M
Transactional
$9.79M

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Transactional$9,792$9,174$16,136$15,562
Recurring124,35099,879229,750180,017
Intercompany revenue(2,330)(2,035)(4,636)(4,015)
131,812107,018241,250191,564
Insurance carrier59,62455,409110,90795,347
Intercompany revenue(50,554)(36,350)(90,152)(56,089)
Total revenue$140,882$126,077$262,005$230,822

Item 1. Financial Statements

FAQ

What is Porch Group, Inc.'s recurring — revenue from external customers?
Porch Group, Inc. (PRCH) reported recurring — revenue from external customers of $124.35M in Q2 2026.
How has Porch Group, Inc.'s recurring — revenue from external customers changed year-over-year?
Porch Group, Inc.'s recurring — revenue from external customers increased by 24.5% year-over-year, from $99.88M to $124.35M.
What is the long-term trend for Porch Group, Inc.'s recurring — revenue from external customers?
Over 2 years (2023 to 2025), Porch Group, Inc.'s recurring — revenue from external customers has grown at a 26.1% compound annual growth rate (CAGR), from $247.91M to $394.29M.
What does recurring — revenue from external customers mean?
This metric represents the total revenue generated from external clients within the company's recurring software and services segment. It captures income derived from subscription-based software solutions and transactional services provided to home services companies, reflecting the core stability and scale of the business model. This figure serves as a primary indicator of the segment's market adoption and its ability to generate consistent, repeatable cash flows from its customer base.

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