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Porch Group, Inc. PRCH Software & Data — Contract with Customer, Liability

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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:ContractWithCustomerLiability.

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 software & data — contract with customer, liability?
Porch Group, Inc. (PRCH) reported software & data — contract with customer, liability of $2.11M in Q1 2026.
How has Porch Group, Inc.'s software & data — contract with customer, liability changed year-over-year?
Porch Group, Inc.'s software & data — contract with customer, liability decreased by 38.1% year-over-year, from $3.41M to $2.11M.
What does software & data — contract with customer, liability mean?
Represents the balance of deferred revenue or obligations to provide services to customers for which payment has been received or is due. This liability reflects the segment's future performance obligations and is a critical indicator of future revenue recognition potential.