Filing Flows › Porch Group (PRCH) › Q1 2026
Porch Group (PRCH) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Porch Group (PRCH) reported revenue of $121M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -3% from the quarter before. Operating margin was 9.8%, net earnings $1.9M (1.6% of revenue).
Porch Group, Q1 2026: revenue $121M (+16% year over year), operating margin 9.8%, net earnings $1.9M, operating cash flow $13.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | -3% | +16% |
| Gross profit | $90.8M | -19% | +39% |
| Operating profit | $11.8M | -28% | — |
| Net earnings | $1.9M | -55% | -48% |
| Operating cash flow | $13.0M | +984% | — |
| Free cash flow | $12.8M | 12× | — |
What changed
Revenue was $121.1M in Q1 2026, up 16% year over year and down 3% from the previous quarter.
Gross margin was 75.0%, up 12.5 points from Q1 2025. Operating profit was $11.8M, a 9.8% margin (up 11.0 points year over year). Operating expenses grew 18% against revenue growth of 16%. The fastest-growing cost line was Sales & marketing (+36%). Net earnings were −$4.7M. The effective tax rate was 48.2%.
Operating cash flow was $13.0M, 673% of net income including minority interests. Non-cash charges added back $5.1M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $176K left free cash flow of $12.8M.
Questions
What was Porch Group's revenue in the first quarter 2026?
Porch Group (PRCH) reported revenue of $121M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -3% from the quarter before.
Was Porch Group profitable in the first quarter 2026?
Operating profit was $11.8M (9.8% of revenue) and net earnings $1.9M.
Source: Porch Group 10-Q on SEC EDGAR.