Company Analysis

Porch Group, Inc. (PRCH)

Nasdaq: PRCH · Services-Prepackaged Software · Seattle, WA · filing with the SEC since 2019
Grade4.9
◀ Past 3.7● Present 5.0▶ Future 5.5

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 20, 2026Feb 25, 2025Mar 15, 2024Mar 16, 2023Mar 16, 2022Mar 31, 2021Mar 20, 2020
Revenue418,891,000313,275,000r287,467,000r275,948,000192,433,00072,299,000r77,595,000
For insurers
Premiums earned296,718,000252,618,000227,263,00046,016,00014,057,000··
Benefits, claims and losses97,785,000195,907,000183,505,00056,303,00018,504,000··
Cost of revenue142,424,000235,920,000r229,407,000r107,577,00058,725,00017,562,00021,500,000
Gross profit339,990,000201,928,000200,895,000····
Sales and marketing139,578,000122,873,000144,303,000r113,848,00084,273,00041,665,000r56,220,000
General and administrative105,200,00095,249,000r101,077,000r109,814,000r84,740,000r28,199,000r52,011,000
Total costs and expenses·502,419,000620,656,000452,995,000275,798,000114,530,000r165,717,000
Operating income36,570,000-64,571,000-190,354,000-177,047,000-83,365,000-42,231,000r-88,122,000
Interest expense51,572,00042,536,00031,828,0008,723,0005,757,00014,734,0007,134,000
Interest and investment income1,647,0001,747,0003,895,000717,00033,000··
Other income (expense), net14,049,00028,702,0003,893,000571,000340,000-6,931,000r-7,484,000r
Total non-operating income (expense)-9,835,00033,859,00057,043,00021,330,000-33,514,000-13,490,000r-15,101,000
Income before income taxes26,735,000-30,712,000-133,311,000-155,717,000-116,879,000-55,721,000r-103,223,000
Income tax expense11,417,0002,117,000622,000842,000-10,273,000-1,689,000r96,000
Net income including non-controlling interests15,318,000-32,829,000-133,933,000-156,559,000-106,606,000-54,032,000r-103,319,000
Net income to non-controlling interests18,679,0000·····
Net income-3,361,000-32,829,000-133,933,000-156,559,000-106,606,000-54,032,000r-103,319,000
Net income to common shareholders-3,361,000-32,829,000-133,933,000-156,559,000-106,606,000-71,316,000r-103,319,000
Earnings per share, basic-0.03-0.33-1.39-1.61-1.14-1.96r-3.31
Earnings per share, diluted-0.03-0.33-1.39-1.61-1.14-2.03r-3.31
Earnings per share, basic and diluted·····-1.90-3.31
Weighted average shares, basic103,688,00099,585,00096,057,00097,351,000r93,885,000r36,344,23431,170,351
Weighted average shares, diluted103,688,00099,585,00096,057,00097,351,000r93,885,000r36,374,215r31,170,351
Weighted average shares, basic and diluted·····36,344,23431,170,351
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton PRCH · research, not advice