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Porch Group, Inc. PRCH Reportable Segment — Gross Profit

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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$1.75B+12.8%
Enterprise value$1.96B+11.5%
P/S3.4×-0.2×

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:GrossProfit.

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
Reconciliation of segment Gross Profit
Total segment Gross Profit$136,591$122,780$266,370$207,518
Add back: Segment cost of revenue (excluding Reciprocal Segment)20,24817,78638,51133,263
Segment operating expenses (excluding Reciprocal Segment)(84,813)(85,787)(168,004)(146,277)
Reciprocal Segment operating expenses(26,721)(21,856)(51,099)(35,641)
Unallocated amounts:
Corporate general and administrative expenses (excluding depreciation, amortization, impairments, stock-based compensation expense, restructuring & other costs, and acquisition & other transaction costs)(9,579)(7,745)(18,142)(16,760)
Corporate product and technology expenses (excluding depreciation, amortization, and stock-based compensation expense)(4,012)(3,740)(7,715)(7,514)

Item 1. Financial Statements

FAQ

What is Porch Group, Inc.'s reportable segment — gross profit?
Porch Group, Inc. (PRCH) reported reportable segment — gross profit of $136.59M in Q2 2026.
What does reportable segment — gross profit mean?
This metric represents the total revenue generated by a specific business segment minus the direct costs associated with producing those goods or services. It serves as a primary indicator of the segment's operational efficiency and the profitability of its core business model before accounting for overhead. Higher gross profit margins suggest strong pricing power or effective cost management within the specific vertical.

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