Filing Flows › Porch Group (PRCH) › Q3 2026 › vs Q2 2026
Porch Group (PRCH) Q3 2026 vs Q2 2026 (quarter over quarter)
Porch Group's revenue rose $3.0M (+2%) from $141M in Q2 2026 to $144M in Q3 2026. The biggest changes: Reciprocal Segment +$2.2M (+2%); Insurance Services +$1.7M (+17%); Software & Data −$1.1M (-5%). Gross margin 75.0% against 62.2% (+12.8 pts).
Porch Group, Q3 2026: revenue $144M (+13% year over year), operating margin 12.6%, net earnings $12.2M, operating cash flow $59.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 62.2% | +12.8 pts |
| Operating margin | 12.6% | -2.9% | +15.5 pts |
| Net margin | 8.5% | 4.0% | +4.5 pts |
| Free cash flow margin | 41.1% | 29.0% | +12.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Reciprocal Segment | $94.2M | $92.0M | $2.2M | +2% |
| Software & Data | $19.7M | $20.8M | −$1.1M | -5% |
| Consumer Services | $18.3M | $18.1M | $179K | +1% |
| Insurance Services | $11.7M | $10.0M | $1.7M | +17% |
| Revenue | $144M | $141M | $3.0M | +2% |
| Gross profit | $108M | $87.6M | $20.3M | +23% |
| Cost of revenue | $36.0M | $53.3M | −$17.3M | -32% |
| Operating profit | $18.1M | −$4.1M | $22.2M | — |
| Operating expenses | $89.8M | $91.7M | −$1.9M | -2% |
| Pre-tax earnings | $8.0M | −$13.6M | $21.6M | — |
| Other expense, net | $10.1M | $9.5M | $620K | +7% |
| Sales & marketing | $43.5M | $41.3M | $2.1M | +5% |
| General & admin | $30.4M | $35.7M | −$5.3M | -15% |
| Other operating costs | $15.9M | $14.7M | $1.2M | +8% |
| Income tax benefit | $995K | −$585K | $1.6M | — |
| Loss borne by minority interests | $3.2M | $19.8M | −$16.6M | -84% |
| Net earnings | $12.2M | $5.6M | $6.6M | +117% |
| Depreciation & amortization | $5.2M | $10.5M | −$5.3M | -50% |
| Share-based compensation | $11.4M | $7.9M | $3.5M | +45% |
| Working capital & other | $30.7M | $17.3M | $13.4M | +78% |
| Operating cash flow | $59.5M | $41.3M | $18.3M | +44% |
| Free cash flow (OCF − capex) | $59.2M | $40.9M | $18.3M | +45% |
| Capital expenditures | $367K | $372K | −$5K | -1% |
Questions
How much did Porch Group's revenue grow quarter over quarter in Q3 2026?
Porch Group's revenue rose $3.0M (+2%) from $141M in Q2 2026 to $144M in Q3 2026.
What drove Porch Group's revenue change in Q3 2026?
Reciprocal Segment +$2.2M (+2%); Insurance Services +$1.7M (+17%); Software & Data −$1.1M (-5%).