Porch Group, Inc. (PRCH)

Porch Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	435.6	437.85	430.3	275.95	192.43	72.3
Revenue Growth (YoY)	-7.41%	1.75%	55.94%	43.40%	166.16%	-6.83%
Cost of Revenue	135.93	225.63	220.24	107.58	58.73	17.56
Gross Profit	299.67	212.22	210.06	168.37	133.71	54.74
Selling, General & Admin	219.91	224.72	253.06	214.62	165.86	67.96
Research & Development	56.33	55.27	58.25	58.97	46.46	27.94
Operating Expenses	276.48	280.23	348.49	274.39	213.37	95.9
Operating Income	23.19	-68.01	-138.43	-106.02	-79.66	-41.16
Interest Expense	-44.73	-42.54	-31.83	-8.72	-5.76	-14.73
Interest & Investment Income	13.77	15.44	12.18	1.89	0.73	-
Other Non Operating Income (Expenses)	24.23	8.22	-4.71	14.34	-15.08	0.37
EBT Excluding Unusual Items	16.47	-86.88	-162.79	-98.51	-99.76	-55.53
Merger & Restructuring Charges	-	-	-0.1	-2.1	-5.4	-4.17
Gain (Loss) on Sale of Assets	-	-5.33	-	-	-	1.44
Asset Writedown	-	-	-57.49	-61.99	-0.55	-0.61
Other Unusual Items	41.44	61.5	87.06	6.88	-11.17	3.15
Pretax Income	57.91	-30.71	-133.31	-155.72	-116.88	-55.72
Income Tax Expense	1.07	2.12	0.62	0.84	-10.27	-1.69
Net Income	55.83	-32.83	-133.93	-156.56	-106.61	-54.03
Preferred Dividends & Other Adjustments	-	-	-	-	-	17.28
Net Income to Common	55.83	-32.83	-133.93	-156.56	-106.61	-71.32
Shares Outstanding (Basic)	102	100	96	97	94	36
Shares Outstanding (Diluted)	108	100	96	97	94	36
Shares Change (YoY)	10.54%	3.67%	-1.33%	3.69%	158.11%	16.70%
EPS (Basic)	0.55	-0.33	-1.39	-1.61	-1.14	-1.96
EPS (Diluted)	0.52	-0.33	-1.39	-1.61	-1.14	-2.03
Free Cash Flow	9.51	-32.21	33.08	-20.09	-35.75	-48.95
Free Cash Flow Per Share	0.09	-0.32	0.34	-0.21	-0.38	-1.35
Gross Margin	68.79%	48.47%	48.82%	61.02%	69.48%	75.71%
Operating Margin	5.32%	-15.53%	-32.17%	-38.42%	-41.40%	-56.93%
Profit Margin	12.82%	-7.50%	-31.13%	-56.73%	-55.40%	-98.64%
Free Cash Flow Margin	2.18%	-7.36%	7.69%	-7.28%	-18.58%	-67.70%
EBITDA	47.6	-42.49	-114.02	-78.09	-63.27	-34.52
EBITDA Margin	10.93%	-9.70%	-26.50%	-28.30%	-32.88%	-47.74%
D&A For EBITDA	24.41	25.52	24.42	27.93	16.39	6.64
EBIT	23.19	-68.01	-138.43	-106.02	-79.66	-41.16
EBIT Margin	5.32%	-15.53%	-32.17%	-38.42%	-41.40%	-56.93%
Advertising Expenses	-	11.7	13.9	13.5	3.6	2.2

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q