Porch Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	482.41	437.85	430.3	275.95	192.43
Revenue Growth (YoY)	10.18%	1.75%	55.94%	43.40%	166.16%
Cost of Revenue	142.42	225.63	220.24	107.58	58.73
Gross Profit	339.99	212.22	210.06	168.37	133.71
Selling, General & Admin	250.1	224.72	253.06	214.62	165.86
Research & Development	53.32	55.27	58.25	58.97	46.46
Operating Expenses	303.42	280.23	348.49	274.39	213.37
Operating Income	36.57	-68.01	-138.43	-106.02	-79.66
Interest Expense	-51.57	-42.54	-31.83	-8.72	-5.76
Interest & Investment Income	11.67	15.44	12.18	1.89	0.73
Other Non Operating Income (Expenses)	29.67	8.22	-4.71	14.34	-15.08
EBT Excluding Unusual Items	26.34	-86.88	-162.79	-98.51	-99.76
Merger & Restructuring Charges	-	-	-0.1	-2.1	-5.4
Gain (Loss) on Sale of Assets	-	-5.33	-	-	-
Asset Writedown	-	-	-57.49	-61.99	-0.55
Other Unusual Items	0.4	61.5	87.06	6.88	-11.17
Pretax Income	26.74	-30.71	-133.31	-155.72	-116.88
Income Tax Expense	11.42	2.12	0.62	0.84	-10.27
Earnings From Continuing Operations	15.32	-32.83	-133.93	-156.56	-106.61
Minority Interest in Earnings	-18.68	-	-	-	-
Net Income	-3.36	-32.83	-133.93	-156.56	-106.61
Net Income to Common	-3.36	-32.83	-133.93	-156.56	-106.61
Shares Outstanding (Basic)	104	100	96	97	94
Shares Outstanding (Diluted)	104	100	96	97	94
Shares Change (YoY)	4.12%	3.67%	-1.33%	3.69%	158.11%
EPS (Basic)	-0.03	-0.33	-1.39	-1.61	-1.14
EPS (Diluted)	-0.03	-0.33	-1.39	-1.61	-1.14
Free Cash Flow	52.06	-32.21	33.08	-20.09	-35.75
Free Cash Flow Per Share	0.50	-0.32	0.34	-0.21	-0.38
Gross Margin	70.48%	48.47%	48.82%	61.02%	69.48%
Operating Margin	7.58%	-15.53%	-32.17%	-38.42%	-41.40%
Profit Margin	-0.70%	-7.50%	-31.13%	-56.73%	-55.40%
Free Cash Flow Margin	10.79%	-7.36%	7.69%	-7.28%	-18.58%
EBITDA	59.61	-42.49	-114.02	-78.09	-63.27
EBITDA Margin	12.36%	-9.70%	-26.50%	-28.30%	-32.88%
D&A For EBITDA	23.04	25.52	24.42	27.93	16.39
EBIT	36.57	-68.01	-138.43	-106.02	-79.66
EBIT Margin	7.58%	-15.53%	-32.17%	-38.42%	-41.40%
Effective Tax Rate	42.70%	-	-	-	-
Advertising Expenses	-	11.7	13.9	13.5	3.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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