Porch Group, Inc. (PRCH) Financial Statements (2026 and earlier)

Company Profile

Business Address 411 1ST AVENUE S., SUITE 501
SEATTLE, WA 98104
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments191,742294,006251,583324,992196,0461,413
Cash and cash equivalent167,643258,418215,060315,741196,0461,413
Short-term investments24,09935,58836,5239,251  
Restricted cash and investments29,13938,81413,5458,85111,407 
Receivables19,10624,28826,43828,7674,661 
Prepaid expense     218
Contract with customer, asset, after allowance for credit loss 1,42617,39315,5219,3844 
Other current assets      
Other undisclosed current assets 123,714106,577303,548233,0703,887 
Total current assets:365,127481,078610,635605,064216,0051,630
Noncurrent Assets
Operating lease, right-of-use asset  4,2014,504  
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization22,54216,86112,2406,6664,593 
Long-term investments and receivables158,652117,01767,38365,8453,365 
Long-term investments158,652103,58855,11858,324  
Accounts and financing receivable, after allowance for credit loss 13,42912,2657,5213,365 
Intangible asset, including goodwill, after accumulated amortization260,653279,123352,952355,48444,250 
Goodwill191,907191,907244,697225,65428,289 
Intangible asset, excluding goodwill, after accumulated amortization68,74687,216108,255129,83015,961 
Restricted cash and investments    500  
Other noncurrent assets6,9945,3141,646684378 
Other undisclosed noncurrent assets     172,739
Total noncurrent assets:448,841418,315438,422433,68352,586172,739
TOTAL ASSETS:813,968899,3931,049,0571,038,747268,591174,369
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:5866409423218,903138
Taxes payable✕✕✕✕  84
Accounts payable4,5388,7616,2686,9658,90328
Accrued liabilities     27
Other undisclosed accounts payable and accrued liabilities (3,952)(8,121)(5,326)(6,644)  
Deferred revenue248,669248,683270,690201,0854,870 
Debt15024416,4551504,746 
Disposal group, including discontinued operation      33
Customer refund liability12,62917,98020,14215,2742,664 
Other liabilities      
Other undisclosed current liabilities152,122194,605207,410146,2929,991 
Total current liabilities:414,156462,152515,639363,12231,174171
Noncurrent Liabilities
Long-term debt and lease obligation403,788435,495425,310417,27943,237 
Long-term debt, excluding current maturities403,788435,495425,310414,58543,237 
Liabilities, other than long-term debt39,24937,42928,00412,2424,327 
Customer refund liability     529 
Other liabilities39,24937,42925,46812,2423,798 
Operating lease, liability  2,5362,694  
Other undisclosed noncurrent liabilities  75129,05950,4426,038
Total noncurrent liabilities:443,037472,924454,065458,58098,0066,038
Total liabilities:857,193935,076969,704821,702129,1806,208
Temporary equity, including noncontrolling interest      163,161
Equity
Equity, attributable to parent, including:(43,225)(35,683)79,353217,045139,4115,000
Common stock101010108 
Additional paid in capital717,066690,223670,537641,406454,4864,967
Accumulated other comprehensive income (loss)(5,446)(3,860)(6,171)(259)  
Retained earnings (accumulated deficit)(754,855)(722,056)(585,023)(424,112)(315,083)32
Other undisclosed equity, attributable to parent      1
Equity, attributable to noncontrolling interest      
Total equity:(43,225)(35,683)79,353217,045139,4115,000
TOTAL LIABILITIES AND EQUITY:813,968899,3931,049,0571,038,747268,591174,369

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues437,848430,302275,948192,43373,216 
Premiums earned, net252,618227,263    
Cost of revenue(225,627)(220,243)(107,577)(58,725)(17,562) 
Policyholder benefits and claims incurred, net(195,907)(183,505)(56,303)   
Deferred policy acquisition costs, amortization expense(39,000)(49,200)(14,500)(18,781)  
Gross profit:212,221210,059168,371133,70855,654 
Operating expenses(221,518)(341,911)(285,853)(170,618)(68,713) 
Other undisclosed operating loss(55,274)(58,502)(59,565)(46,455)(28,298) 
Operating income (loss):(64,571)(190,354)(177,047)(83,365)(41,357) 
Nonoperating income (expense)33,85957,04321,330(33,514)(11,943) 
Investment income, nonoperating19,3854,1671,544   
Other nonoperating income28,7023,8935713402,791 
Interest and debt expense27,43681,354(8,723)5,110(895) 
Income (loss) from continuing operations before equity method investments, income taxes:(3,276)(51,957)(164,440)(111,769)(54,195) 
Other undisclosed income (loss) from continuing operations before income taxes(27,436)(81,354)8,723(5,110)895 
Income (loss) from continuing operations before income taxes:(30,712)(133,311)(155,717)(116,879)(53,300) 
Income tax expense (benefit)(2,117)(622)(842)10,2731,691 
Income (loss) from continuing operations:(32,829)(133,933)(156,559)(106,606)(51,609) 
Loss before gain (loss) on sale of properties:✕✕✕✕(106,606)(51,609) 
Net income (loss):(32,829)(133,933)(156,559)(106,606)(51,609) 
Net loss attributable to noncontrolling interest      
Net loss attributable to parent:(32,829)(133,933)(156,559)(106,606)(51,609) 
Preferred stock dividends and other adjustments     (17,284) 
Net loss available to common stockholders, diluted:(32,829)(133,933)(156,559)(106,606)(68,893) 

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(32,829)(133,933)(156,559)(106,606)(51,609) 
Other comprehensive income      
Comprehensive income (loss):(32,829)(133,933)(156,559)(106,606)(51,609) 
Comprehensive loss, net of tax, attributable to noncontrolling interest      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (1,586)2,311(5,912)(259)  
Comprehensive loss, net of tax, attributable to parent:(34,415)(131,622)(162,471)(106,865)(51,609) 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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