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

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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+2.6%
Enterprise value$1.66B-0.4%
P/S2.9×-0.4×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 recurring — revenue from external customers?
Porch Group, Inc. (PRCH) reported recurring — revenue from external customers of $105.4M in Q1 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 31.5% year-over-year, from $80.14M to $105.4M.
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.