Porch Group (PRCH)
Runs insurance, software, data, warranty, and moving services around the homebuying journey.
$17.46
Pre-market−0.30 (−1.69%)
At close$17.76(+2.33%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 130 | 115 | 115 | 111 | 111 | 100 | 105 | 119 | 118 | 124 | 121 | 141 |
| Cost of revenue | 53 | 35 | 78 | 94 | 47 | 11 | 39 | 43 | 31 | 29 | 30 | 53 |
| Gross profit | 77 | 80 | 37 | 17 | 64 | 89 | 65 | 76 | 87 | 96 | 91 | 88 |
| 76 | 73 | 72 | 69 | 67 | 64 | 67 | 71 | 71 | 79 | 79 | 92 | |
| Research & development | 14 | 15 | 12 | 13 | 0 | 12 | 13 | 13 | 13 | 14 | 13 | 13 |
| 69 | 63 | 59 | 56 | 52 | 51 | 54 | 58 | 57 | 66 | 66 | 77 | |
| Selling & marketing | 40 | 37 | 34 | 33 | 27 | 28 | 30 | 27 | 30 | 37 | 40 | 41 |
| General & administrative | 29 | 26 | 26 | 23 | 25 | 23 | 24 | 31 | 27 | 29 | 26 | 36 |
| Other expenses | −7 | −5 | 0 | 0 | 15 | 1 | 0 | 0 | 0 | 0 | 0 | 2 |
| Operating income | 0 | 7 | −35 | −52 | −3 | 25 | −1 | 5 | 16 | 16 | 12 | −4 |
| −6 | −9 | 21 | −11 | 17 | 7 | 6 | 2 | −13 | −5 | −8 | −9 | |
| Interest income | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 3 |
| Interest expense | 10 | 11 | 11 | 10 | 11 | 11 | 11 | 12 | 14 | 14 | 15 | 15 |
| Other non-operating income | −4 | −1 | −32 | 1 | −27 | −18 | −17 | −14 | −1 | −9 | −7 | −5 |
| Income before tax | −6 | −2 | −13 | −64 | 14 | 32 | 5 | 7 | 3 | 12 | 4 | −14 |
| Income tax expense | 0 | 1 | 0 | 1 | 0 | 1 | 1 | −1 | 4 | 7 | 2 | 1 |
| Net income from continuing operations | −6 | −2 | −13 | −64 | 14 | 30 | 4 | 8 | −1 | 4 | 2 | −14 |
| Net income | −6 | −2 | −13 | −64 | 14 | 30 | 8 | 3 | −11 | 4 | −5 | 6 |
| EPS, basic | −$0.06 | −$0.03 | −$0.14 | −$0.65 | $0.14 | $0.30 | $0.08 | $0.03 | −$0.10 | −$0.03 | −$0.04 | $0.05 |
| EPS, diluted | −$0.06 | −$0.03 | −$0.14 | −$0.65 | $0.14 | $0.30 | $0.07 | $0.02 | −$0.10 | −$0.03 | −$0.04 | $0.05 |
| Weighted average shares, basic | 96 | 97 | 98 | 99 | 99 | 100 | 102 | 103 | 104 | 106 | 106 | 109 |
| Weighted average shares, diluted | 96 | 97 | 98 | 99 | 99 | 100 | 113 | 132 | 104 | 106 | 106 | 117 |
| EBITDA | 11 | 15 | 4 | −47 | 31 | 50 | 22 | 25 | 23 | 32 | 23 | 12 |
| Depreciation & amortization | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 5 | 6 | 6 | 5 | 11 |
| EBIT | 5 | 9 | −2 | −53 | 25 | 43 | 16 | 19 | 17 | 26 | 18 | 1 |