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Porch Group, Inc. PRCH Reportable Segment — Gain on extinguishment of debt

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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$1.79B+7.0%
Enterprise value$2B+6.4%
P/S3.4×-0.4×

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:GainsLossesOnExtinguishmentOfDebt.

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
Other corporate income (expense), net
Interest expense (excluding Reciprocal Segment)(14,581)(12,026)(29,183)(23,221)
Depreciation and amortization (excluding Reciprocal Segment)(9,504)(4,461)(13,619)(9,485)
Gain on extinguishment of debt3434
Other income, net7995967,257
Stock-based compensation costs(10,733)(8,000)(18,016)(12,910)
Change in fair value of private warrant liability(2,878)(3,610)
Change in fair value of derivatives86012,8532,62719,526

Item 1. Financial Statements

FAQ

What is Porch Group, Inc.'s reportable segment — gain on extinguishment of debt?
Porch Group, Inc. (PRCH) reported reportable segment — gain on extinguishment of debt of $0 in Q2 2026.
What does reportable segment — gain on extinguishment of debt mean?
This metric represents the non-operating gain recognized when a business segment retires debt obligations for an amount less than their carrying value. It reflects the financial impact of debt restructuring or early repayment activities within a specific reportable segment. Investors monitor this to distinguish between core operational performance and one-time financial gains.

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