Filing Flows › Porch Group (PRCH) › Q3 2025
Porch Group (PRCH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Porch Group (PRCH) reported revenue of $118M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -1% from the quarter before. Operating margin was 13.8%, net loss $982K (0.8% of revenue).
Porch Group, Q3 2025: revenue $118M (+6% year over year), operating margin 13.8%, net loss $982K, operating cash flow $40.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $118M | -1% | +6% |
| Operating profit | $16.3M | +224% | — |
| Net earnings | −$982K | -138% | — |
| Operating cash flow | $40.8M | +15% | +229% |
| Free cash flow | $40.7M | +15% | +234% |
What changed
Revenue was $118.1M in Q3 2025, up 6% year over year and down 1% from the previous quarter. Recurring was the largest line at 91% of revenue. Recurring added $37.5M year over year (up 54%), 545% of the total change.
Gross margin was 73.6%, up 18.1 points from a year earlier. Operating profit was $16.3M, a 13.8% margin (up 16.1 points year over year). Operating expenses grew 10% against revenue growth of 6%. The fastest-growing cost line was General & admin (+11%). The quarter ended with a net loss of $1.0M, after a profit of $8.2M the previous quarter. Net interest and other expense of $13.0M was the main reason.
Operating cash flow was $40.8M (up 229% year over year). Non-cash charges added back $5.9M of depreciation and amortization and $7.2M of share-based compensation. Working capital and other items added $28.8M. Capital expenditures of $91K left free cash flow of $40.7M.
Questions
What was Porch Group's revenue in the third quarter 2025?
Porch Group (PRCH) reported revenue of $118M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -1% from the quarter before.
Was Porch Group profitable in the third quarter 2025?
Operating profit was $16.3M (13.8% of revenue) and net loss $982K.
Source: Porch Group 10-Q on SEC EDGAR.